On the welfare effects of vertical integration: opportunism vs. double marginalization

DOI10.1016/J.ECONLET.2018.11.023MaRDI QIDQ2328547zbMATH OpenOpenAlexWikidataFDO

Authors Ioannis N. Pinopoulos

Publication date 10 October 2019

Published in Economics Letters (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/j.econlet.2018.11.023

zbMATH Keywords

linear tariffsopportunismvertical integrationvertical relationswelfare

Mathematics Subject Classification ID

Welfare economics (91B15) Auctions, bargaining, bidding and selling, and other market models (91B26)

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Cites work

• Insurer competition in health care markets
• The Nash bargaining solution in vertical relations with linear input prices

Cited in

(18)

• On the welfare effects of trade and innovation in vertically differentiated products
• The effects and incentive of vertical mergers: an analysis from the view of OM
• The efficiency of competing vertical chains with network externalities
• Vertical integration and right of first refusal
• Vertical mergers with input substitution: double marginalization, foreclosure and welfare
• Procurement of advanced inputs and welfare-reducing vertical integration
• Does vertical integration enhance non-price efficiency? Evidence from the movie theater industry
• Backward Integrated Information Gatekeepers and Independent Divisions in the Product Market
• Vertical integration as a source of hold-up
• The welfare effects of vertical integration in multichannel television markets
• Competition and Regulation in Vertically Related Markets
• Economic and environmental impacts of vertical and horizontal competition and integration
• Alternative forms of buyer power in a vertical duopoly: implications for profits, welfare, and cost pass-through
• Vertical contracting between a vertically integrated firm and a downstream rival
• Vertical integration and market foreclosure with convex downstream costs
• Vertical control, opportunism, and risk sharing
• Vertical integration without intrafirm trade
• A note on partial vertical integration

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