1991-12-01, English, Article, Journal or magazine article edition: Vertical structure and Nash equilibrium: a note. Young, Allan Richard

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Bookmark: http://trove.nla.gov.au/version/66673999
Physical Description
  • Magazine/​Journal article
Published
  • Blackwell Publishers Ltd., 1991 Dec
Language
  • English

Edition details

Title
  • Vertical structure and Nash equilibrium: a note.
Appears In
  • Journal of Industrial Economics, v39, no.n6, 1991 Dec, p717(6) (ISSN: 0022-1821)
Author
  • Young, Allan Richard
Published
  • Blackwell Publishers Ltd., 1991 Dec
Physical Description
  • Magazine/​Journal article
Subjects
Target Audience
  • Academic
Summary
  • A frequently cited proposition in industrial organization is that vertical integration of bilateral monopolists improves economic efficiency in the case of fixed-proportions production. The traditional argument shows that rivalrous firms implementing a Stackelberg solution charge a higher price for the final good than they would if they were vertically integrated. This paper shows that if rivalrous firms make pricing decisions simultaneously and reach a Nash equilibrium instead of the usual Stackelberg solution, the price of the final good still exceeds that under vertical integration. Thus, the social advantage of cooperation between bilateral monopolists continues to hold under new behavioral assumptions.
Terms of Use
  • COPYRIGHT 1991 Blackwell Publishers Ltd.
Language
  • English
Database
  • Gale Academic OneFile
  • Gale General OneFile
Identifier
  • 11755261

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Australian Bureau of Statistics. Castles Library. May not be open to the public J 338 J.I.E. A; 1952-1984. Periodical; Journal, magazine, other English
Australian Competition and Consumer Commission. ACCC Library. Not open to the public PER; Held 3 years + current Periodical; Journal, magazine, other English
Department of Agriculture and Water Resources. Department of Agriculture and Water Resources Library. May not be open to the public Online access only Periodical; Journal, magazine, other English
National Library of Australia. Open to the public S 338.05 JOU; Vol. 1, no. 1-v. 43, no. 4; Nov. 1952-Dec. 1995 Periodical; Journal, magazine, other English
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Ascham School: Margaret Bailey Library. Not open to the public Periodical; Journal, magazine, other English
Australian Nuclear Science and Technology Organisation. ANSTO Library. Not open to the public Held. Check with Library Periodical; Journal, magazine, other English
Charles Sturt University. Bathurst Campus Library. Open to the public 000099047; P338 1; Vol. 3:no. 2 (04/1955) -Vol.52:no.4 (12/2004) Periodical; Journal, magazine, other English
Saint Ignatius' College, Riverview. Christopher Brennan Library. Not open to the public Periodical; Journal, magazine, other English
Shore School. Boer War Contingent Memorial Library. Not open to the public Periodical; Journal, magazine, other English
State Library of NSW. Open to the public R DS338.05/3; Vol. 1, no. 1 (Nov. 1962)-v. 10; R N338.005/1; Vol. 11 (Nov. 1962)-v. 40, no. 4 (Dec, 1992); Cummulative index, Vol. 1-40 (1952-1992) Periodical; Journal, magazine, other English
The University of Sydney. University of Sydney Library. Open to the public Periodical; Journal, magazine, other English
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University of Queensland. University of Queensland Library. Open to the public b10055472; sshp HD28 .J615 : 29(1980/81)-57(2009); whsp LJ02548 : 1(1952/53)-28(1979/80) Periodical; Journal, magazine, other English
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CAVAL. CARM Centre. May not be open to the public brn.289019; Held; Vol. 23, no. 1 - v. 52, no. 4; Sept. 1974 - Dec. 2004; Inc. Periodical; Journal, magazine, other English
Mazenod College. Mazenod College Library. Open to the public Periodical; Journal, magazine, other English
Mentone Girls' Grammar School. Kerferd Library . Not open to the public Held. Not for ILL. Periodical; Journal, magazine, other English
Monash University. Monash University Library. Open to the public 99319401751; 338.05 J86; v. 1, no. 1 (Nov. 1952) to v. 54, no. 4 (Dec. 2006); OS; YOS-SER Periodical; Journal, magazine, other English
National Gallery of Victoria. The Shaw Research Library. May not be open to the public Held. Not for ILL. Periodical; Journal, magazine, other English
Productivity Commission. Melbourne Office Library. May not be open to the public JOURNAL; Vol. 30 - Vol. 56; 1981-2008; Keep all issues Periodical; Journal, magazine, other English
RMIT University. RMIT University Library. Open to the public 9912305950001341; PER 338 J86; Held in Storage. Request from <a href=http://www.rmit.edu.au/library/dds target=_blank>Document Delivery</a>; v. 19, no. 1 (1970)-v. 45, no. 4 (Dec. 1997) Periodical; Journal, magazine, other English
The University of Melbourne. The University of Melbourne Library. Open to the public ECO P 338.05 JIE; v.1-v.53 (ECO); 1952/53-2005 Periodical; Journal, magazine, other English
Xavier College. Brennan Library. May not be open to the public Periodical; Journal, magazine, other English
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