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\\"We control the vertical\\": three theories of the firm

Author

Listed:
  • Mitchell Berlin

Abstract

The author discusses three broad approaches to vertical integration. He then uses each approach, in turn, to examine the pros and cons of a firm's decision to integrate forward.

Suggested Citation

  • Mitchell Berlin, 2001. "\\"We control the vertical\\": three theories of the firm," Business Review, Federal Reserve Bank of Philadelphia, issue Q3, pages 13-22.
    • Handle: RePEc:fip:fedpbr:y:2001:i:q3:p:13-22
    as

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    File URL: https://www.philadelphiafed.org/-/media/frbp/assets/economy/articles/business-review/2001/q3/brq301mb.pdf
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    References listed on IDEAS

    as
    1. Aghion, Philippe & Tirole, Jean, 1997. "Formal and Real Authority in Organizations," Journal of Political Economy, University of Chicago Press, vol. 105(1), pages 1-29, February.
    2. Mitchell Berlin, 1999. "Jack of all trades? Product diversification in nonfinancial firms," Business Review, Federal Reserve Bank of Philadelphia, issue May, pages 15-29.
    3. repec:ner:ucllon:http://discovery.ucl.ac.uk/17678/ is not listed on IDEAS
    4. Berger, Allen N & Cummins, J David & Weiss, Mary A, 1997. "The Coexistence of Multiple Distribution Systems for Financial Services: The Case of Property-Liability Insurance," The Journal of Business, University of Chicago Press, vol. 70(4), pages 515-546, October.
    5. Erin Anderson & David C. Schmittlein, 1984. "Integration of the Sales Force: An Empirical Examination," RAND Journal of Economics, The RAND Corporation, vol. 15(3), pages 385-395, Autumn.
    Full references (including those not matched with items on IDEAS)

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    Cited by:

    1. Boot, Arnoud W. A., 2003. "Restructuring in the banking industry withimplications for Europe," EIB Papers 5/2003, European Investment Bank, Economics Department.

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