The Strategic Choice of Location and Transport Mode in a Successive Monopoly Model
研究下游垄断企业如何通过提高运输成本和选择低效区位来迫使上游企业降低投入品价格，从而产生纵向一体化激励。
This work emphasizes the incentives for vertical integration in a spatial model. A downstream monopoly will both strategically increase its transport costs and locate inefficiently relative to its customers. This forces the upstream monopolist to lower its input price rather than permit sales to decline. The excess costs and the inefficient location lower total profit in the vertical stream generating an incentive for vertical integration.