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Vertical integration as a source of hold-up: An experiment
In a vertical chain in which two rivals invest before contracting with one of two competing suppliers, vertical integration can create hold-up problems for the rival. We develop an experiment to test ...
European Economic Review, 2021
Purchasing alliances and product variety
We analyze the impact of purchasing alliances on product variety and profit sharing in a setting, in which capacity constrained retailers operate in separated markets and select their assortment in a ...
International Journal of Industrial Organization, 2020