Dynamic Explanations of Industry Structure and Performance



Dynamic Explanations of Industry Structure and Performance

Cotterill


Figure 1. Stigler's Functional Cost Theory of Vertical Market Structure

Q


Source: Stigler, G. J. 1951. p. 187.

Figure 2. The Problem of Channel Coordination: Successive Monopoly

q2         q1


Food Marketing Policy Center Research Report No. 53

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