Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5062640 | Economics Letters | 2006 | 8 Pages |
Abstract
When upstream firms compete in quantity and freely enter the input market, competition among downstream firms reduces the input price (the marginal cost of downstream firms). The industry profits of downstream firms competing in quantity may increase with the number of downstream firms.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Noriaki Matsushima,