DTA

Digital Theses Archive

 

Tesi etd-11022021-180039

Type of thesis
Corsi integrativi di II livello
Author
BORTOLAMAI, FRANCESCO
URN
etd-11022021-180039
Title
An alternative way of looking at the industrial districts - A modeling approach
Structure
Cl. Sc. Sociali - Scienze Economiche
Course
SCIENZE ECONOMICHE E MANAGERIALI - SCIENZE ECONOMICHE E MANAGERIALI
Committee
relatore Prof. BOTTAZZI, GIULIO
Membro Prof. MONETA, ALESSIO
Membro Prof. FREY, MARCO
Membro Prof. TURCHETTI, GIUSEPPE
Presidente Prof. BARONTINI, ROBERTO
Membro Prof. MOSCHELLA, DANIELE
Keywords
  • Cournot oligopoly
  • double marginalization
  • monopoly
  • SMEs
  • vertical and horizontal integration
Exam session start date
02/12/2021;
Availability
completa
Abstract
In this essay an oligopolistic model is proposed to investigate the conditions under which firms with market power can be incentivized to merge and when vertical integration can be seen as a valid market solution in a certain sector, in particular with reference to the current Italian economic situation. <br>The most interesting result of the model is the following: under certain conditions in a market composed by firms with market power both upstream and downstream, a monopoly resulting from a vertical integration will be an efficient market solution, since the deadweight losses will be partially eliminated and the vertically integrated company can incorporate a pricing strategy conducive to profit and welfare maximization.
Files