What determines market structure? an explanation from cooperative investment with non-exclusive contracts
In a common agency setting, where the common buyer undertakes cooperative investment with her suppliers, we obtain a direct link between the level of ex-post competition and investment which affects the market structure of the supply side of the market. We show that more competitive equilibria are a...
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Formato: | Preimpresión (Preprint) |
Lenguaje: | Inglés (English) |
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Toulouse School of Economics
2014
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Acceso en línea: | https://repository.urosario.edu.co/handle/10336/29843 |