A note on partial vertical integration
نویسندگان
چکیده
منابع مشابه
A Note on Partial Vertical Integration
Empirical analysis [see, e.g., McDonald (1985)] suggests that partial vertical integration is a widespread phenomenon. However, there are hardly any theoretical explanations for this composition of industries. Both Arrow (1975) and Green (1986) explicitly allow for partial integration to occur. The former author takes the need for information to be the driving force behind vertical integration,...
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ژورنال
عنوان ژورنال: Economics Letters
سال: 1989
ISSN: 0165-1765
DOI: 10.1016/0165-1765(89)90235-8