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Competitive effects of vertical integration Author info | Abstract | Publisher info | Download info | Related research | Statistics Michael H. Riordan () (Columbia University - Department of Economics)
The paper surveys the economics literature on the competitive effects of vertical integration, assesses the relevance of the economics literature for several recent regulatory and antitrust cases, and defends a structured rule of reason approach to evaluating the competitive effects.
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Paper provided by Columbia University, Department of Economics in its series Discussion Papers with number
0506-11.
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Length: 73 pages
Date of creation: 2005Date of revision:
Handle: RePEc:clu:wpaper:0506-11Contact details of provider: Postal: 1022 International Affairs Building, 420 West 118th Street, New York, NY 10027 Phone: (212) 854-3680 Fax: (212) 854-8059 Web page: http://www.econ.columbia.edu/ More information through EDIRC
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References listed on IDEAS Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.: Daniel P. O'Brien & Greg Shaffer, 1992.
"Vertical Control with Bilateral Contracts ,"
RAND Journal of Economics ,
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Hart, O. & Tirole, J., 1990.
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Carl Davidson & Raymond Deneckere, 1986.
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Martin, Stephen & Normann, Hans-Theo & Snyder, Christopher M, 2001.
"Vertical Foreclosure in Experimental Markets ,"
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Jeffrey Church & Neil Gandal, 2000.
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Other versions: Ali Hortacsu & Chad Syverson, 2006.
"Cementing Relationships: Vertical Integration, Foreclosure, Productivity, and Prices ,"
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[Downloadable!]
Other versions:
Ali Hortacsu & Chad Syverson, 2007.
"Cementing Relationships: Vertical Integration, Foreclosure, Productivity, and Prices ,"
NBER Working Papers
12894, National Bureau of Economic Research, Inc.
[Downloadable!] (restricted) Ali Hortacsu & Chad Syverson, 2008.
"Cementing Relationships: Vertical Integration, Foreclosure, Productivity, and Prices ,"
Working Papers
08-41, Center for Economic Studies, U.S. Census Bureau.
[Downloadable!] Ali Hortaçsu & Chad Syverson, 2007.
"Cementing Relationships: Vertical Integration, Foreclosure, Productivity, and Prices ,"
Journal of Political Economy ,
University of Chicago Press, vol. 115, pages 250-301.
[Downloadable!] (restricted) Ching-To Albert Ma, 1997.
"Option Contracts and Vertical Foreclosure ,"
Journal of Economics & Management Strategy ,
Blackwell Publishing, vol. 6(4), pages 725-753, December.
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Other versions: George Baker & Robert Gibbons & Kevin J. Murphy, 2002.
"Relational Contracts And The Theory Of The Firm ,"
The Quarterly Journal of Economics ,
MIT Press, vol. 117(1), pages 39-84, February.
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Rabah Amir & Val E. Lambson, 1998.
"On the Effects of Entry in Cournot Markets ,"
CIE Discussion Papers
1998-06, University of Copenhagen. Department of Economics. Centre for Industrial Economics.
Other versions:
AMIR, Rabah & LAMBSON, Val, 1999.
"On the effects of entry in Cournot markets ,"
CORE Discussion Papers
1999059, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
[Downloadable!] Rabah Amir, 2000.
"On the Effects of Entry in Cournot Markets ,"
Econometric Society World Congress 2000 Contributed Papers
1475, Econometric Society.
[Downloadable!] Amir, Rabah & Lambson, Val E, 2000.
"On the Effects of Entry in Cournot Markets ,"
Review of Economic Studies ,
Blackwell Publishing, vol. 67(2), pages 235-54, April.
Perry, Martin K., 1989.
"Vertical integration: Determinants and effects ,"
Handbook of Industrial Organization ,
in: R. Schmalensee & R. Willig (ed.), Handbook of Industrial Organization, edition 1, volume 1, chapter 4, pages 183-255
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[Downloadable!] (restricted)
Yongmin Chen & Michael H. Riordan, 2003.
"Vertical Integration, Exclusive Dealing, and Ex Post Cartelization ,"
Discussion Papers
0203-13, Columbia University, Department of Economics.
[Downloadable!]
Salant, Stephen W & Switzer, Sheldon & Reynolds, Robert J, 1983.
"Losses from Horizontal Merger: The Effects of an Exogenous Change in Industry Structure on Cournot-Nash Equilibrium ,"
The Quarterly Journal of Economics ,
MIT Press, vol. 98(2), pages 185-99, May.
[Downloadable!] (restricted)
Eric Maskin & John Riley, 1984.
"Monopoly with Incomplete Information ,"
RAND Journal of Economics ,
The RAND Corporation, vol. 15(2), pages 171-196, Summer.
[Downloadable!] (restricted)
McAfee, R Preston & Schwartz, Marius, 1994.
"Opportunism in Multilateral Vertical Contracting: Nondiscrimination, Exclusivity, and Uniformity ,"
American Economic Review ,
American Economic Association, vol. 84(1), pages 210-30, March.
[Downloadable!] (restricted)
Jensen, Michael C. & Meckling, William H., 1976.
"Theory of the firm: Managerial behavior, agency costs and ownership structure ,"
Journal of Financial Economics ,
Elsevier, vol. 3(4), pages 305-360, October.
[Downloadable!] (restricted)
Jay Pil Choi & Sang-Seung Yi, 2000.
"Vertical Foreclosure with the Choice of Input Specifications ,"
RAND Journal of Economics ,
The RAND Corporation, vol. 31(4), pages 717-743, Winter.
Yongmin Chen, 2000.
"On Vertical Mergers and Their Competitive Effects ,"
Econometric Society World Congress 2000 Contributed Papers
0383, Econometric Society.
[Downloadable!]
Other versions: Joseph J. Spengler, 1950.
"Vertical Integration and Antitrust Policy ,"
Journal of Political Economy ,
University of Chicago Press, vol. 58, pages 347.
[Downloadable!] (restricted)
Ordover, Janusz A & Saloner, Garth & Salop, Steven C, 1990.
"Equilibrium Vertical Foreclosure ,"
American Economic Review ,
American Economic Association, vol. 80(1), pages 127-42, March.
[Downloadable!] (restricted)
Grimm, Curtis M & Winston, Clifford & Evans, Carol A, 1992.
"Foreclosure of Railroad Markets: A Test of Chicago Leverage Theory ,"
Journal of Law & Economics ,
University of Chicago Press, vol. 35(2), pages 295-310, October.
Rey, Patrick & Vergé, Thibaud, 2003.
"Bilateral Control with Vertical Contracts ,"
IDEI Working Papers
202, Institut d'Économie Industrielle (IDEI), Toulouse.
[Downloadable!]
Other versions:
Patrick Rey & Thibaud Verge, 2002.
"Bilateral Control with Vertical Contracts ,"
The Centre for Market and Public Organisation
02/048, Department of Economics, University of Bristol, UK.
[Downloadable!] Patrick Rey & Thibaud Vergé, 2003.
"Bilateral Control with Vertical Contracts ,"
Industrial Organization
0309005, EconWPA.
[Downloadable!] Patrick Rey & Thibaud Vergé, 2004.
"Bilateral Control with Vertical Contracts ,"
RAND Journal of Economics ,
The RAND Corporation, vol. 35(4), pages 728-746, Winter.
G.F. Mathewson & R.A. Winter, 1984.
"An Economic Theory of Vertical Restraints ,"
RAND Journal of Economics ,
The RAND Corporation, vol. 15(1), pages 27-38, Spring.
[Downloadable!] (restricted)
Ilya Segal & Michael D. Whinston, 2003.
"Robust Predictions for Bilateral Contracting with Externalities ,"
Econometrica ,
Econometric Society, vol. 71(3), pages 757-791, 05.
[Downloadable!] (restricted)
Tasneem Chipty, 2001.
"Vertical Integration, Market Foreclosure, and Consumer Welfare in the Cable Television Industry ,"
American Economic Review ,
American Economic Association, vol. 91(3), pages 428-453, June.
[Downloadable!] (restricted)
Rosengren, Eric S & Meehan, James W, Jr, 1994.
"Empirical Evidence on Vertical Foreclosure ,"
Economic Inquiry ,
Oxford University Press, vol. 32(2), pages 303-17, April.
Other versions: Salinger, Michael A, 1988.
"Vertical Mergers and Market Foreclosure ,"
The Quarterly Journal of Economics ,
MIT Press, vol. 103(2), pages 345-56, May.
[Downloadable!] (restricted)
Riordan, Michael H, 1998.
"Anticompetitive Vertical Integration by a Dominant Firm ,"
American Economic Review ,
American Economic Association, vol. 88(5), pages 1232-48, December.
[Downloadable!] (restricted)
Other versions: Patrick de Graba, 1996.
"Most-Favored-Customer Clauses and Multilateral Contracting: When Nondiscrimination Implies Uniformity ,"
Journal of Economics & Management Strategy ,
Blackwell Publishing, vol. 5(4), pages 565-579, December.
[Downloadable!] (restricted)
David M. Kreps & Jose A. Scheinkman, 1983.
"Quantity Precommitment and Bertrand Competition Yield Cournot Outcomes ,"
Bell Journal of Economics ,
The RAND Corporation, vol. 14(2), pages 326-337, Autumn.
[Downloadable!] (restricted)
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references Cited by : (explanations , Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.)
Xuan Zhao & Derek Atkins & Yong Liu, 2009.
"Effects of distribution channel structure in markets with vertically differentiated products ,"
Quantitative Marketing and Economics ,
Springer, vol. 7(4), pages 377-397, December.
[Downloadable!] (restricted)
Richard S. Higgins, 2009.
"Vertical merger: monopolization for downstream quasi-rents ,"
Managerial and Decision Economics ,
John Wiley & Sons, Ltd., vol. 30(3), pages 183-191.
[Downloadable!]
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