Strategic Aspects of Oligopolistic Vertical Integration
( Studies in Mathematical and Managerial Economics )
Publication series ：Studies in Mathematical and Managerial Economics
Publisher： Elsevier Science
Publication year： 2017
E-ISBN: 9781483296166
P-ISBN(Paperback): 9780444894519
P-ISBN(Hardback): 9780444894519
Subject： F273 Enterprise Production Management
Keyword： 工业经济
Language： ENG
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Description
In this text some fundamental issues concerning the strategic impact of vertical structures of firms are discussed in a successive oligopoly model. Vertical integration strategy has been identified as one of the key strategies which determine the success or failure of enterprises. Many studies on vertical integration are based on business experiences and interviews with managers. However, the extensive application of game theory in business economics allows this study on vertical integration to be based on sound theoretic ground. Moreover, the significance of public enterprises in some Western European economies and the trends of economic transition in Eastern Europe justify the efforts to analyse vertical integration issues in the mixed market, which is created by the participation of a public firm into an industry otherwise characterised as a successive oligopoly.