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- W2028337538 startingPage "366" @default.
- W2028337538 abstract "This paper considers a successive oligopoly model in which a vertically-intergrated firm(VI firm) can buy or sell intermediate goods. We find that when there are only a small number of VI firms in the market, they tend to b uyor 3even to store up intermediate goods. In our setting, a vertical merger wil l not result in market foreclosure and it always in creases social welfare." @default.
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- W2028337538 date "2005-06-15" @default.
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- W2028337538 title "Strategic Buying or Selling?: The Behavior of Vertically-Integrated Firms in the Intermediate Goods Market" @default.
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- W2028337538 doi "https://doi.org/10.11130/jei.2005.20.2.366" @default.
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