Price and Quantity Competition under Vertical Pricing
We consider a vertically related market where one quantity-setting and another price-setting downstream firm negotiate the terms of a two-part tariff contract with an upstream input supplier. In contrast to the traditional belief, we show that the price-setting firm produces a higher output and earn...
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| Format: | Article |
| Language: | English |
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MDPI AG
2023-06-01
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| Series: | Games |
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| Online Access: | https://www.mdpi.com/2073-4336/14/4/53 |