ZANAJ, Skerdilajda - Center for Operations Research and Econometrics (CORE), … - 2009
inputs is negligible.
Keywords: horizontal differentiation, vertical agreements, successive Cournot oligopolies.
JEL … clearly to exclusion.
Pepall and Norman (2001) analyze successive Bertrand oligopolies considering
that downstream rms use … proposed by Or-
dover, Saloner and Salop (1990), and Hart and Tirole (1990).
4We use successive oligopolies, because they are a …