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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Bibliographic Details
Published in:MAGKS - Joint Discussion Paper Series in Economics (Band 09-2011)
Main Authors: Pakula, Benjamin, Götz, Georg
Format: Work
Published: Philipps-Universität Marburg 2011
Online Access:PDF Full Text
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