Hong and Li meet Weyl and Fabinger: Modeling vertical structure by the conduct parameter approach
Sign Up to like & getrecommendations! Published in 2020 at "Economics Letters"
DOI: 10.1016/j.econlet.2019.108732
Abstract: Abstract By using Weyl and Fabinger’s (2013) conduct parameter approach, this note extends Hong and Li’s (2017) model of vertical structure to include downstream and upstream competition, and thereby generalizes the formula for cost pass-through… read more here.
Keywords: weyl fabinger; vertical structure; parameter approach; conduct parameter ... See more keywords