Legros, Patrick (contributor); Newman, Andrew F. (contributor) - 2008
that are increasing in a and b. Details are in section 6.1 in the
Appendix.
10
0 Q
P
1
N
M
I
M
N
Figure 2 … rms integrate and
others do not (M), and a pure nonintegration equilibrium (N).14
The product market supply embodies … construct a price-theoretic model of integration decisions and show that
these choices may adversely a ect consumers, even in …