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dc.contributor.authorChen, Zhiqizh_CN
dc.contributor.authorRoss, Thomas W.zh_CN
dc.contributor.author陈志琦zh_CN
dc.date.accessioned2015-07-22T03:09:05Z
dc.date.available2015-07-22T03:09:05Z
dc.date.issued2007-08zh_CN
dc.identifier.citationREVIEW OF INDUSTRIAL ORGANIZATION, 2007,31(1):1-21zh_CN
dc.identifier.otherWOS:000250208600001zh_CN
dc.identifier.urihttps://dspace.xmu.edu.cn/handle/2288/87717
dc.description.abstractThis paper studies the effects on prices and welfare of multimarket contact when firms serve multiple markets from a single facility with rising marginal costs. Here a link is created between markets, even with independent demands: greater output in one market leads to a higher marginal cost and lower output in other markets; and multimarket contact can indeed lower welfare. Variations of the model can explain two other puzzling phenomena: "recoupment" - lower prices in one market "paid for" by higher prices in other markets; and "retaliatory entry" - the credible threat to enter a rival's market if it enters yours.zh_CN
dc.language.isoen_USzh_CN
dc.publisherREV IND ORGANzh_CN
dc.source.urihttp://dx.doi.org/10.1007/s11151-007-9143-yzh_CN
dc.subjectBANKINGzh_CN
dc.subjectCOMPETITIONzh_CN
dc.subjectOLIGOPOLYzh_CN
dc.subjectINDUSTRYzh_CN
dc.subjectSTRATEGYzh_CN
dc.titleMarkets linked by rising marginal costs: Implications for multimarket contact, recoupment, and retaliatory entryzh_CN
dc.typeArticlezh_CN


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