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Integración Vertical Eficiente y Compartimiento de Facilidades en Presencia de Entrada: Un Marco Conceptual

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Author Info
Felipe Balmaceda () (Centro de Economía Aplicada. Universidad de Chile)
Eduardo Saavedra () (ILADES-Georgetown University, Universidad Alberto Hurtado)

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Abstract

En este artículo se estudian los equilibrios de mercado resultantes en una industria de facilidades esenciales, con un monopolio upstream y competencia oligopólica downstream, la que enfrenta posteriormente entrada en el segmento monopólico. Se encuentra que la competencia de duopolios verticalmente integrados es el resultado de equilibrio postentrada, con competencia de facilidades esenciales cuando los costos de construcción de una nueva facilidad son bajos y con compartimiento de la facilidad esencial upstream cuando sus costos de construcción son elevados. Asimismo, los efectos en bienestar social son siempre eÞcientes cuando se observa duplicación de facilidades; siendo en varios casos eÞcientes cuando se observa en equilibrio compartimiento de facilidades. Estos resultados proveen racionalidad para la mantener desregulada industrias como la petrolera, en donde los costos hundidos son más bien bajos relativos al tamaño del mercado.

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Publisher Info
Paper provided by Ilades-Georgetown University, School of Economics and Bussines in its series ILADES-Georgetown University Working Papers with number inv168.

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Length: 33 pages
Date of creation: Aug 2005
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Handle: RePEc:ila:ilades:inv168

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Related research
Keywords: Facilidad esencial Inversiones compartidas Competencia de redes

Find related papers by JEL classification:
D43 - Microeconomics - - Market Structure and Pricing - - - Oligopoly and Other Forms of Market Imperfection
D61 - Microeconomics - - Welfare Economics - - - Allocative Efficiency; Cost-Benefit Analysis
L22 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Organization and Market Structure
L13 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Oligopoly and Other Imperfect Markets
L41 - Industrial Organization - - Antitrust Issues and Policies - - - Monopolization; Horizontal Anticompetitive Practices
L42 - Industrial Organization - - Antitrust Issues and Policies - - - Vertical Restraints; Resale Price Maintenance; Quantity Discounts

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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.:
  1. Chen, Yongmin, 2001. "On Vertical Mergers and Their Competitive Effects," RAND Journal of Economics, The RAND Corporation, vol. 32(4), pages 667-85, Winter.
    Other versions:
  2. Mandy, David M, 2000. "Killing the Goose That May Have Laid the Golden Egg: Only the Data Know Whether Sabotage Pays," Journal of Regulatory Economics, Springer, vol. 17(2), pages 157-72, March. [Downloadable!] (restricted)
  3. 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)
  4. Dixit, Avinash, 1980. "The Role of Investment in Entry-Deterrence," Economic Journal, Royal Economic Society, vol. 90(357), pages 95-106, March. [Downloadable!] (restricted)
  5. Salop, Steven C & Scheffman, David T, 1987. "Cost-Raising Strategies," Journal of Industrial Economics, Blackwell Publishing, vol. 36(1), pages 19-34, September. [Downloadable!] (restricted)
  6. 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)
  7. 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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