search query: @indexterm welfare / total: 396
reference: 186 / 396
| Author: | Kuhn, K. Vives, X. |
| Title: | Excess entry, vertical integration, and welfare |
| Journal: | RAND Journal of Economics
1999 : WINTER, VOL. 30:4, p. 575-603 |
| Index terms: | VERTICAL INTEGRATION WELFARE ECONOMICS |
| Language: | eng |
| Abstract: | This article provides a systematic analysis of the welfare effects of vertical integration by a monopolist input supplier into a monopolistically competitive downstream industry. The authors give sufficient conditions on consumer preferences that lead to Pareto- -improving vertical integration and demonstrate a close relationship between assumptions on preference for variety, excess entry in monopolistically competitive markets, and the welfare effects of vertical integration. |
SCIMA