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Vertical integration is one method of avoiding the hold-up problem. A monopoly produced through vertical integration is called a vertical monopoly, although it might be more appropriate to speak of this as some form of cartel.
experience, exponential utility, factor loadings, fads, Fama-MacBeth regression, FASB, fat-tailed, firm, Fisherian criterion, Freddie Mac, free cash flow, gamma (of options), GARCH, generalized Wiener process, GMM, Gordon model, hold-up problem, ...
See also: Acquisitions, Private company, Industrial organization, Globalization, Conglomerate
 
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