GABSZEWICZ, Jean J.; ZANAJ, Skerdilajda - Center for Operations Research and Econometrics (CORE), … - 2007
, vertical integration, technology, foreclosure.
JEL Clasification: D43, L1, L2, L42 … one, with two rms in the downstream market and
a duopoly in the upstream one. We assume complete foreclosure. Indeed, the …
demand since the integrated entity produces output internally at marginal cost.
Similarly, with complete foreclosure (as …