This paper studies the effect of overlap** ownership in a setting where firms must contract
with an input supplier before competing in the product market. Horizontal ownership among …

This paper analyzes the determinants of pass-through that are specific to vertical
relationships between wholesalers and retailers. The type of vertical agreement firms …

This paper explores the impacts of an upstream monopoly's social concerns in vertically
related markets. Our study shows that the upstream CSR leads to an improvement in social …

This paper investigates the transmission of fossil fuel commodity spot market price changes
to procurement costs of US power producers. We measure and compare the speed and …

This paper examines price markups at the upstream and downstream levels of a bilateral
vertical structure in which firms provide essential inputs to one another and engage in price …

We present functional forms allowing a broader range of analytic solutions to common
economic equilibrium problems. These can increase the realism of pen-and-paper solutions …

The typical concern about vertical mergers is the foreclosure of downstream rivals. In a
vertically related industry where downstream firms have a common supplier, margins can …

Agency and wholesale models are widely adopted vertical contractual agreements. This
paper compares the private incentives and social welfare of these two business models by …

Economic variables with familiar tractable functional forms (constant-elasticity or linear) are
only reweighted in the change from their average to marginal versions. They are also …

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 …