Technical Change, Competition and Vertical Integration
نویسندگان
چکیده
Your use of the JSTOR archive indicates your acceptance of JSTOR's Terms and Conditions of Use, available at http://www.jstor.org/about/terms.html. JSTOR's Terms and Conditions of Use provides, in part, that unless you have obtained prior permission, you may not download an entire issue of a journal or multiple copies of articles, and you may use content in the JSTOR archive only for your personal, non-commercial use.
منابع مشابه
طراحی الگوی انتخاب راهبرد ادغام عمودی در صنایع غذایی کشور در سال 1380 (شرکت‌های دارای نیروی انسانی بیش از ۳۵ نفر)
It is impossible to develop and retain the Competitive advantage and gain success without Implementing strategy. The method of strategy selection is one of the most important challenges for the strategists. Different models have been formulated to enable managers to choose the appropriate strategies and some of these models are just formulated for the selection of vertical integration strategie...
متن کاملVertical Integration with Capital Precommitment: Monopolization vs. Long-Run Ine±ciency
We analyze the impact of vertical integration when a monopolistic producer can make a capital commitment before deciding on output. For the vertically separated industry structure, we ̄nd that opportunism resulting from competition between retailers leads to a longrun underinvestment in capital. With vertical integration, the capital investment is e±cient but output is monopolistically restrict...
متن کاملThe strategic value of partial vertical integration
We investigate the strategic incentives for partial vertical integration, namely, partial ownership agreements between manufacturers and retailers, when the retailers privately know their costs and engage in differentiated good price competition. The partial misalignment between the profit objectives within a partially integrated manufacturer-retailer hierarchy entails a higher retail price tha...
متن کاملAn Empirical Analysis of Vertical Integration Determinants among Peasant Farmers in Northern Algeria
This study aims to analyze the determinants of vertical integration (ownership and contract-ing) among peasant farmers in Northern Algeria. The choice of asset control is between ownership and a simple contracting. Thus, the integration of vertical stages of agricultural produc-tion leads to higher gross margins, influences the choice of marketing and supply channels, and improves market partic...
متن کاملThe Incentive for Vertical Integration
This paper evaluates the incentive of firms to vertically integrate in a simple 2X2 Bertrand model of two substitutes that are each comprised of two complementary components. It confirms that all prices fall as a result of a vertical merger. Further, we find that, when the composite goods are poor substitutes, producers of complementary components are better off after integration. Thus, at equi...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
عنوان ژورنال:
دوره شماره
صفحات -
تاریخ انتشار 2007