HIGHLIGHTS
- who: Yukihiko Funaki from the School of Political Science and Economics, Waseda University, Tokyo, Japan have published the Article: Market power in bilateral oligopoly markets with non-expandable infrastructures, in the Journal: (JOURNAL)
- what: The authors develop a novel model of price-fee competition in bilateral oligopoly markets with non-expandable infrastructures and costly transportation. The authors characterize all stable market outcomes and show that these are bilaterally efficient . The authors develop a theory that characterizes both such infrastructures and show that the former is included in the latter. The authors characterize the set of . . .
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