In a vertical market experiment featuring a wholesale market and a retail market we investigate the countervailing power hypothesis of Galbraith (1952). Counter
The paper redefines different types of vertical market structure, such as double monopoly, bilateral monopoly, and two-sided monopoly. The core issue can be sta
The Handbook examines the most important issues that arise in antitrust economics. Leading scholars in the field provide detailed critical analysis of developme
This Handbook explores and critically examines current research in economics and marketing science on key issues in retailing and distribution. Providing a rich
Economists have begun to make much greater use of experimental methods in their research. This collection surveys these methods and shows how they can help us t