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Erschienen in:
1996 | OriginalPaper | Buchkapitel
Asymmetric Information and the Horizontal Integration of Firms
verfasst von : R. Wagner
Erschienen in: Firms, Markets, and Contracts
Verlag: Physica-Verlag HD
Enthalten in: Professional Book Archive
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In the past, the determinants of the costs of vertical integration have been widely discussed. In contrast, the question of what determines the costs of horizontal integration has been somewhat neglected. It seems to be especially interesting to investigate why products of different qualities are often offered by different firms.