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Author:Inderst, R.
Wey, C.
Title:Bargaining, mergers, and technology choice in bilaterally oligopolistic industries
Journal:RAND Journal of Economics
2003 : SPRING, VOL. 34:1, p. 1-19
Index terms:Bargaining
Mergers
Technology
R&D
Oligopoly
Language:eng
Abstract:The authors analyze up- and downstream market structure and the choice of technology in a bilaterally oligopolistic industry. The distribution of industry profits between up- and downstream firms is determined by a procedure of bilateral negotiations, which is shown to a generate the Shapley value.
SCIMA record nr: 251145
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