PROBING PARTIAL CHAINING UNDER SPATIAL COMPETITION IN VERTICAL MARKET STRUCTURE

2004 ◽  
Vol 16 (2) ◽  
pp. 170-187
Author(s):  
Tohru Wako ◽  
Hiroshi Ohta
Keyword(s):  
Market Structure ◽  
Spatial Competition ◽  
Vertical Market

Vertical Contract and Competition Intensity in Hotelling’s Model

2017 ◽  
Vol 19 (1) ◽  
Author(s):  
Xingtang Wang ◽  
Jie Li ◽  
Leonard F.S. Wang
Keyword(s):  
Social Welfare ◽  
Market Structure ◽  
Product Differentiation ◽  
Bargaining Power ◽  
Spatial Competition ◽  
Equilibrium Outcome ◽  
Competition Intensity ◽  
The Impact ◽  
Downstream Market ◽  
Vertical Market

AbstractThis paper explores the impact of intensity of rivalry in downstream market on the equilibrium locations of the downstream firms under a vertical market structure á la Hotelling. We find that: (i) the presence of upstream firms softens the spatial competition in downstream market; (ii) minimum differentiation cannot be achieved as the equilibrium outcome and the equilibrium product differentiation is insufficient relative to socially optimum; (iii) social welfare is higher with a higher weight attached to intensity of rivalry, which is different from the non-monotonic relationship under the horizontal market case; (iv) the equilibrium product differentiation is independent of bargaining power under the two-part tariff contracts, which is different from Brekke and Straume (2004) under linear pricing.

Local content requirements and vertical market structure

1997 ◽  
Vol 13 (1) ◽  
pp. 101-119 ◽  
Author(s):  
RenéA. Belderbos ◽  
Leo Sleuwaegen
Keyword(s):  
Market Structure ◽  
Local Content ◽  
Vertical Market

scholarly journals Vertical Market Structure and Marginalization

1998 ◽  
Vol 29 (1) ◽  
pp. 115-126
Author(s):  
Tohru WAKO
Keyword(s):  
Market Structure ◽  
Vertical Market
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