Advanced Search
MyIDEAS: Login to save this paper or follow this series

Returns to Scale and Vertical Restraints in a Regulated Industry

Contents:

Author Info

  • Nakache, Y.
  • Soubeyran, A.

Abstract

This paper revisits, in an environmental context, the vertical restraints literature as developed by Bonanno and Vickers (1988), Gal-Or (1991), Lin (1988) or Nakache and Soubeyran (1998) in an oligopolistic and deterministic situation. This literature considers constant returns to scale at the upstream stage in an unregulated industry (absence of pollution standards) and proves, in this case, the domination (in terms of profits) of a Retail Price Maintenance contract by a Franchise fee contract for each firm. Here, we take account the presence of general returns to scale as well as finite pollution standards (regulation) and show that, contrary to the previous literature, there are several cases where Bertrand duopolistic firms are indifferent between Franchise Fee and Retail Price Maintenance in terms of profits. For the others cases, each firm finds it more interesting to select Franchise fee as usually.

Download Info

To our knowledge, this item is not available for download. To find whether it is available, there are three options:
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.

Bibliographic Info

Paper provided by Universite Aix-Marseille III in its series G.R.E.Q.A.M. with number 00a06.

as in new window
Length: 44 pages
Date of creation: 2000
Date of revision:
Handle: RePEc:fth:aixmeq:00a06

Contact details of provider:
Postal: G.R.E.Q.A.M., (GROUPE DE RECHERCHE EN ECONOMIE QUANTITATIVE D'AIX MARSEILLE), CENTRE DE VIEILLE CHARITE, 2 RUE DE LA CHARITE, 13002 MARSEILLE.
Phone: 04.91.14.07.70
Fax: 04.91.90.02.27
Email:
Web page: http://www.greqam.fr/
More information through EDIRC

Related research

Keywords: ENVIRONMENTAL PROTECTION ; ENVIRONMENT ; POLLUTION;

Find related papers by JEL classification:

References

No references listed on IDEAS
You can help add them by filling out this form.

Citations

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:fth:aixmeq:00a06. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Thomas Krichel).

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.