Abdolkarim Sadrieh (Faculty of Economics and Management, Otto-von-Guericke University Magdeburg) and Daniel Cracau (Faculty of Economics and Management, Otto-von-Guericke University Magdeburg) ...
ABSTRACT: In a vertical structure with a profit†maximizing upstream firm, we show that whether the profits in the downstream market are higher under Bertrand competition or under Cournot competition ...