1989-09-01
A note on partial vertical integration
Publication
Publication
Economics Letters p. 249- 252
A simple model is constructed to show how partial vertical integration may emerge as an equilibrium market structure in a world characterized by rationing, differences in the reservation prices of buyers, and in the risk attitudes of buyers and sellers. The buyers with the high reservation prices turn out to be vertically integrated.
| Additional Metadata | |
|---|---|
| doi.org/10.1016/0165-1765(89)90235-8, hdl.handle.net/1765/15583 | |
| ERIM Article Series (EAS) | |
| Economics Letters | |
| Organisation | Erasmus Research Institute of Management |
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Hendrikse, G., & Peters, H. (1989). A note on partial vertical integration. Economics Letters, 249–252. doi:10.1016/0165-1765(89)90235-8 |
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