Endogenous choice of price or quantity contract and the implications of two-part-tariff in a vertical structure
We re-investigate the endogenous choice of price (Bertrand) and quantity (Cournot) contract in the presence of a vertically related upstream market for input. We find that choosing price contract is the dominant strategy for downstream firms when the two-part-tariff pricing contract is determined th...
| Main Authors: | , |
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| Format: | Article |
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Elsevier
2016
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| Subjects: | |
| Online Access: | https://eprints.nottingham.ac.uk/52149/ |