Abstract
Abstract Policy interest in vertical integration has been concerned mainly with the possibility that integration can be used strategically to achieve anti competitive effects. In the absence of a more substantial theoretical foundation, vertical integration, as a public policy matter, is typically regarded as having dubious if not outright antisocial properties. Technological interdependencies or, possibly, observational economies constitute the principal exceptions.
Keywords
InterdependencePrincipal (computer security)Vertical integrationProduction (economics)Market integrationIndustrial organizationEconomicsHorizontal integrationFoundation (evidence)BusinessMicroeconomicsPolitical scienceComputer scienceMarketingComputer security
Related Publications
An Intertemporal General Equilibrium Model of Asset Prices
This paper develops a continuous time general equilibrium model of a simple but complete economy and uses it to examine the behavior of asset prices. In this model, asset prices...
Publication Info
- Year
- 1999
- Type
- book-chapter
- Pages
- 17-31
- Citations
- 1784
- Access
- Closed
External Links
Social Impact
Altmetric
PlumX Metrics
Social media, news, blog, policy document mentions
Citation Metrics
1784
OpenAlex
Cite This
Oliver E. Williamson
(1999).
The Vertical Integration of Production Market Failure Considerations.
, 17-31.
https://doi.org/10.1093/oso/9780195119510.003.0002
Identifiers
- DOI
- 10.1093/oso/9780195119510.003.0002