The effects and incentive of vertical mergers: An analysis from the view of OM.
European Journal of Operational Research(2017)
摘要
•Integrated firms may enter the intermediate goods market.•We supplement the results of Salinger (1988).•We find that some result of Corbett and Karmarkar (2001) may not hold.•Providing a theoretical explanation for the merger wave phenomenon.
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关键词
(T) Supply chain management,Game theory,Vertical merger,Cournot competition,Market foreclosure
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