The Geometry of Supply, Demand, and Competitive Market Structure with Economies of Scope
AbstractThe geometry of a two-good partial-equilibrium model with economies of scope is presented. There are three types of firms: diversified firms that produce both goods and two types of specialized firms. Thus, there are five possible industry market structures: one involving all three types of firms, three involving two types of firms, and one involving only diversified firms. The authors show that the equilibrium market structure is jointly determined by supply (cost) and demand conditions and that any market structure involving more types of firms than goods is an unlikely occurrence. Copyright 1991 by American Economic Association.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Bibliographic InfoArticle provided by American Economic Association in its journal American Economic Review.
Volume (Year): 81 (1991)
Issue (Month): 4 (September)
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Helmers, Glenn A. & Langemeier, Michael R. & Shaik, Saleem, 2005. "Measuring Scope And Scale Efficiency Gains Due To Specialization," 2005 Annual meeting, July 24-27, Providence, RI 19388, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
- Mohammad Arzaghi & Ernst Berndt & James Davis & Alvin Silk, 2009.
"Economic Factors Underlying the Unbundling of Advertising Agency Services,"
09-15, Center for Economic Studies, U.S. Census Bureau.
- Mohammad Arzaghi & Ernst R. Berndt & James C. Davis & Alvin J. Silk, 2008. "Economic Factors Underlying the Unbundling of Advertising Agency Services," NBER Working Papers 14345, National Bureau of Economic Research, Inc.
- Ciliberto, Federico & Panzar, John, 2009.
"Outsourcing and Vertical Integration in a Competitive Industry,"
18534, University Library of Munich, Germany.
- Federico Ciliberto & John C. Panzar, 2011. "Outsourcing and Vertical Integration in a Competitive Industry," Southern Economic Journal, Southern Economic Association, vol. 77(4), pages 885-900, April.
- Helmers, Glenn A. & Shaik, Saleem & Atwood, Joseph A., 2003. "Social And Scale Efficiency Gains Due To Vertical Integration In The U.S. Hog Sector," 2003 Annual Meeting, February 1-5, 2003, Mobile, Alabama 35143, Southern Agricultural Economics Association.
- Masao Nakagawa, 2007. "Synergies and Investment Decisions," Economics Bulletin, AccessEcon, vol. 7(5), pages 1-11.
- Alvin J. Silk & Ernst R. Berndt, 1994. "Costs, Institutional Mobility Barriers, and Market Structure: Advertising Agencies as Multiproduct Firms," NBER Working Papers 4826, National Bureau of Economic Research, Inc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Jane Voros) or (Michael P. Albert).
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.