Nothing Special   »   [go: up one dir, main page]

  EconPapers    
Economics at your fingertips  
 

Entry and Vertical Disintegration

Alain de Fontenay () and Christiaan Hogendorn ()
Additional contact information
Alain de Fontenay: CITI, Columbia University

No 2005-010, Wesleyan Economics Working Papers from Wesleyan University, Department of Economics

Abstract: We formalize and extend George Stigler’s famous article “The division of labor is limited by the extent of the market.” We emphasize economies of scale in intermediate goods production as a determinant of firm boundaries and vertical control. We show that there are potential coordination failures which may prevent efficient vertical disintegration, and we discuss how these might be either overcome or used to the advantage of incumbent firms.

Keywords: entry; vertical integration; specialization (search for similar items in EconPapers)
JEL-codes: D23 L22 L23 (search for similar items in EconPapers)
Pages: 17 pages
Date: 2005-12
New Economics Papers: this item is included in nep-bec, nep-com, nep-ind and nep-mic
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://repec.wesleyan.edu/pdf/chogendorn/2005010_hogendorn.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:wes:weswpa:2005-010

Access Statistics for this paper

More papers in Wesleyan Economics Working Papers from Wesleyan University, Department of Economics Contact information at EDIRC.
Bibliographic data for series maintained by Manolis Kaparakis ().

 
Page updated 2025-02-13
Handle: RePEc:wes:weswpa:2005-010