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Investment and Market Structure in Common Agency Games

dc.contributor.gruplacFacultad de Economía spa
dc.creatorRoig Roig, Guillem
dc.creator.googleRoig, Guillem
dc.date.accessioned2018-04-11T14:28:05Z
dc.date.available2018-04-11T14:28:05Z
dc.date.created2018-03-23
dc.date.issued2018
dc.description.abstractI study the incentives of a common buyer to undertake cooperative investment with a group of suppliers providing a homogeneous input. In my model, investment is not directed to increase the gains from trade but to enhance the competitive pressure among suppliers. At the same time, however, investment may strengthen the bargaining position of suppliers. Which effect dominates depends on the intensity of competition in the trading game, which also determines the equilibrium distribution of investment. Then, the model reproduces different market structures, and a firm may have higher incentives to become active in markets where competition is expected to be vigorous.eng
dc.format.extent41spa
dc.format.mimetypeapplication/pdf
dc.identifier.doihttps://doi.org/10.48713/10336_17852
dc.identifier.urihttp://repository.urosario.edu.co/handle/10336/17852
dc.language.isospaspa
dc.relation.citationIssueNo. 215
dc.relation.citationTitleSerie Documentos de trabajo. Economía
dc.relation.urihttps://ideas.repec.org/p/col/000092/016203.html
dc.rights.accesRightsinfo:eu-repo/semantics/openAccess
dc.rights.accesoAbierto (Texto Completo)spa
dc.source.instnameinstname:Universidad del Rosario
dc.source.reponamereponame:Repositorio Institucional EdocUR
dc.subject.ddcProducción
dc.subject.jelD44; L11.
dc.subject.keywordCooperative investmenteng
dc.subject.keywordMarket structureeng
dc.subject.keywordCompetitioneng
dc.subject.keywordBargaining positioneng
dc.subject.lembOrganización industrial (Teoría económica)spa
dc.subject.lembCooperación industrialspa
dc.titleInvestment and Market Structure in Common Agency Gamesspa
dc.typeworkingPapereng
dc.type.hasVersioninfo:eu-repo/semantics/publishedVersion
dc.type.spaDocumento de trabajospa
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