Bertrand-Cournot profit reversal in a vertical structure with cross ownership

C-Tier
Journal: Economics Letters
Year: 2024
Volume: 238
Issue: C

Authors (3)

Mukherjee, Arijit (University of Nottingham) Wang, Leonard F.S. (not in RePEc) Sun, Ji (not in RePEc)

Score contribution per author:

0.335 = (α=2.01 / 3 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

We provide a new reason for Bertrand-Cournot profit reversal. In a two-tier industry with a profit-maximising input supplier and symmetric final good producers, we show that the profit reversal occurs under passive cross ownership among firms.

Technical Details

RePEc Handle
repec:eee:ecolet:v:238:y:2024:i:c:s0165176524001642
Journal Field
General
Author Count
3
Added to Database
2026-01-26