Jeon, Doh-ShinORCID: https://orcid.org/0000-0002-9381-8412 and Lefouili, Yassine
ORCID: https://orcid.org/0000-0003-4966-7212
(2020)
Decentralizing Cooperation through Upstream Bilateral Agreements.
TSE Working Paper, n. 20-1119, Toulouse
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Abstract
We consider an industry with n≥3 firms owning upstream inputs and interacting noncooperatively in a downstream market. Under general conditions, upstream bilateral agreements giving firms access to one another's input lead to industry profit maximization. This decentralization result applies to various upstream agreements including cross-licensing agreements among patent-holding manufacturers, interconnection agreements among telecommunication companies, interbank payments for ATM networks, and data-sharing agreements among competitors or complementors.
Item Type: | Monograph (Working Paper) |
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Language: | English |
Date: | 27 June 2020 |
Place of Publication: | Toulouse |
Uncontrolled Keywords: | Bilateral oligopoly, upstream agreement, cooperation |
JEL Classification: | L13 - Oligopoly and Other Imperfect Markets L41 - Monopolization; Horizontal Anticompetitive Practices |
Subjects: | B- ECONOMIE ET FINANCE |
Divisions: | TSE-R (Toulouse) |
Institution: | Université Toulouse 1 Capitole |
Site: | UT1 |
Date Deposited: | 08 Jul 2020 15:36 |
Last Modified: | 30 Sep 2025 07:06 |
OAI Identifier: | oai:tse-fr.eu:124410 |
URI: | https://publications.ut-capitole.fr/id/eprint/35085 |