On input market surplus and its relation to the downstream market game.

In order to analyze the welfare effects of price changes in input markets - following for example a price-fixing conspiracy - economists have studied the relationship between the surplus measured in the input markets and the surplus in the output markets. The latest results hinge on simplifying assu...

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Bibliographic Details

Published in:	Canadian Journal of Economics Vol. 46; no. 1; pp. 266 - 282
Main Author:	Basso, Leonardo J.
Format:	Article
Published:	Wiley-Blackwell Feb2013
Subjects:	Markets Game theory Economic demand Economists Welfare economics Surplus (Economics) Price fixing Potential functions
Online Access:	View this record in EBSCOhost