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- W2354260080 abstract "In this paper ,we extend the traditional double marginalization model into a framework of vertical integration between an upstream monopolist and a downstream monopolist, a downstream oligopolist and an upstream monopolist , an upstream oligopolist and a downstream monopolist, when inventory costs are taken into consideration. Our focus is on the discussion about the effect of inventory and market share on vertical integration. It is showed that the traditional conclusion is maintained if and only if inventory costs are relatively small, and vertical integration always increases consumer welfare regardless of market share, but it increases manufacturer gross profit only when market share is sufficiently high." @default.
- W2354260080 created "2016-06-24" @default.
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- W2354260080 date "2005-01-01" @default.
- W2354260080 modified "2023-09-26" @default.
- W2354260080 title "Vertical Integration in Consideration of Inventory and Market Share" @default.
- W2354260080 hasPublicationYear "2005" @default.
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