Not logged in.
Quick Search - Contribution
Contribution Details
| Type | Journal Article |
| Scope | Discipline-based scholarship |
| Title | The promise and pitfalls of restructuring network industries |
| Organization Unit | |
| Authors |
|
| Item Subtype | Original Work |
| Refereed | Yes |
| Status | Published in final form |
| Language |
|
| Journal Title | German Economic Review |
| Publisher | Wiley-Blackwell |
| Geographical Reach | international |
| ISSN | 1465-6485 |
| Volume | 6 |
| Number | 2 |
| Page Range | 205 - 228 |
| Date | 2005 |
| Abstract Text | This paper examines the competitive effects of reorganizing a network industry's vertical structure. In this industry, an upstream monopolist operates a network used as an input to produce horizontally differentiated final products that are imperfect substitutes. Three potential pitfalls of restructuring integrated network industries are analyzed: (i) double marginalization, (ii) underinvestment and (iii) vertical foreclosure. The paper studies the net effect of restructuring on retail prices and cost-reducing investment and discusses policy implications. |
| Digital Object Identifier | 10.1111/j.1465-6485.2005.00127.x |
| PDF File |
Download from ZORA
|
| Export |
BibTeX
EP3 XML (ZORA)
|
| Additional Information | The definitive version is available at www.blackwell-synergy.com. |