haku: @indexterm VERTICAL INTEGRATION / yhteensä: 190
viite: 59 / 190
| Tekijä: | Schöler, K. |
| Otsikko: | Vertikal verbundene Märkte im Raum - Vertical integration in spatial markets |
| Lehti: | Jahrbücher für Nationalökonomie und Statistik
2001 : JUL, VOL. 221:4, p. 394-403 |
| Asiasana: | Vertical integration |
| Kieli: | ger |
| Tiivistelmä: | Are there individual and/or overall economic incentives for vertical integration in a two-stage spatial market? In order to give an answer to this question, we present a model with retail locations arranged at similar distances along a circular line and a monopolitistic supplier in the center of the circle. Two cases are discussed in this paper: in the first case, the retailers and the producer are legally and organizationally independent enterprises with isolated individual profit maximization. In the second case, the markets are vertically integrated. It can be shown that in all markets the profits are higher in the second case. |
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