Abstract: Modern economics takes a two-way approach to vertical integration. The theory of the firm approach focuses on how the unified control of successive production and distribution processes changes investment incentives, while the industrial organization approach studies how vertical integration affects the exercise of market power.
Publication Year: 2008
Publication Date: 2008-01-01
Language: en
Type: book-chapter
Indexed In: ['crossref']
Access and Citation
Cited By Count: 3
AI Researcher Chatbot
Get quick answers to your questions about the article from our AI researcher chatbot