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Author:Chen, Z.
Ross, T. W.
Title:Cooperating upstream while competing downstream: a theory of input joint ventures
Journal:International Journal of Industrial Organization
2003 : MAR, VOL. 21:3, p. 381-397
Index terms:Econometric models
Joint business ventures
Competition
Language:eng
Abstract:Joint ventures in which firms share ownership of a quality that produces an important input have become common. In this model, two parent firms competing in a downstream market set up such a joint venture. Among the results, the authors find that the joint venture can replicate the effects of a sull-scale merger of the parents.
SCIMA record nr: 252885
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