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Cited by 342

The DOI matches its Crossref record; 9 of the 9 references it cites were found in a registry or an index.

Incomplete Contracts, Vertical Integration, and Supply Assurance

Bolton, Patrick, Whinston, Michael D.·1993·The Review of Economic Studies
DOI 10.2307/2297815
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Abstract

This paper extends the analysis of transactions cost models of vertical integration to multilateral settings. Its main focus is on supply assurance concerns which arise when several downstream firms are competing for inputs in limited supply. Integration reduces supply assurance concerns for an integrating firm but it may increase them for others. Therefore, to explain the scope of any firm, one must consider the overall network of production and distribution relations. Three fundamental questions are addressed: (1) What are the effects of different integration structures?; (2) What are the determinants of the socially efficient integration structures?; (3) In what way do equilibrium integration structures differ from socially efficient structures?

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Metadata

Authors
Bolton, P., & Whinston, M. D.
Venue
The Review of Economic Studies
Publisher
Oxford University Press (OUP)
Published
1993-01
Volume
60
Issue
1
Pages
121
ISSN
0034-6527 (ISSN-L)
DOI
10.2307/2297815
OpenAlex
W1981264908
Cited by
342
References
9
FWCI
27.10
Type
journal article
Language
en
Open access
closed

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CoChat. (2026). Citation check: Incomplete Contracts, Vertical Integration, and Supply Assurance. https://app.cochat.ai/papers/10.2307/2297815
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Bolton, P., & Whinston, M. D. (1993). Incomplete Contracts, Vertical Integration, and Supply Assurance. The Review of Economic Studies. https://doi.org/10.2307/2297815

Data sources

Bibliographic data: Semantic Scholar, OpenAlex, Crossref.

Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).

Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.