|
|||||
|
|
Symbiotic Production and Downstream Market Competition |
|
| Authors: | Wen-Chung Guo Fu-Chuan Lai Chorng-Jian Liu Chao-Cheng Mai |
| Institution: | 1. Department of Economics, National Taipei University, 151, University Rd. San Shia, Taipei, 23741, Taiwan 2. Research Center for Humanities and Social Sciences, Academia Sinica, and Department of Public Finance, National Chengchi University, Taipei, Taiwan 3. Department of Industrial Economics, Tamkang University, and Research Center for Humanities and Social Sciences, Academia Sinica, Taipei, Taiwan |
| Abstract: | It is well known that the double marginalization problem in the vertical relation can be eliminated by collusion, but it is undesirable because of the monopoly pricing outcome. This study addresses the role of downstream market competition under symbiotic production and demonstrates that incorporating different types of competition in product markets will partially eliminate inefficiency caused by double marginalization. It suggests that introducing callback services or internet telephones creates an environment similar to downward market competition in the output market; hence, it is observed that international tariffs are significantly reduced. |
| Keywords: | |
| 本文献已被 SpringerLink 等数据库收录！ | |