Biased Quality Investments and Organisational Structures in Network Industries – An Application to the Railway Industry
This paper analyses the incentives to upgrade input quality in vertically related (network) industries. Upstream investments have a biased effect on the downstream companies and lead to vertical product differentiation. Different vertical structures such as vertical integration, ownership and legal...
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Published in: | MAGKS - Joint Discussion Paper Series in Economics (Band 09-2011) |
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Main Authors: | , |
Format: | Work |
Language: | English |
Published: |
Philipps-Universität Marburg
2011
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Subjects: | |
Online Access: | PDF Full Text |
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MAGKS - Joint Discussion Paper Series in Economics