{"id":"https://openalex.org/W2137454087","doi":null,"title":"THE ROLE OF INFORMATIONAL RENTS: NETWORK UTILITIES AND VERTICAL STRUCTURE*","display_name":"THE ROLE OF INFORMATIONAL RENTS: NETWORK UTILITIES AND VERTICAL STRUCTURE*","publication_year":2001,"publication_date":"2001-01-01","ids":{"openalex":"https://openalex.org/W2137454087","mag":"2137454087"},"language":"en","primary_location":{"id":"mag:2137454087","doi":null,"is_oa":true,"landing_page_url":"https://papers.ssrn.com/sol3/Delivery.cfm/SSRN_ID1255803_code1066993.pdf?abstractid=1255803&mirid=1","pdf_url":null,"source":{"id":"https://openalex.org/S4210172589","display_name":"SSRN Electronic Journal","issn_l":"1556-5068","issn":["1556-5068"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I1318003438","host_organization_name":"RELX Group (Netherlands)","host_organization_lineage":["https://openalex.org/I1318003438"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"SSRN Electronic Journal","raw_type":null},"volume":null,"type":"preprint","is_traditional":true,"indexed_in":[],"open_access":{"is_oa":true,"oa_status":"green","oa_url":"https://papers.ssrn.com/sol3/Delivery.cfm/SSRN_ID1255803_code1066993.pdf?abstractid=1255803&mirid=1","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5110143116","display_name":"Eduardo Saavedra","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I3129804457","display_name":"Universidad Alberto Hurtado","ror":"https://ror.org/00749za89","country_code":"CL","type":"education","lineage":["https://openalex.org/I3129804457"]}],"countries":["CL"],"is_corresponding":true,"raw_author_name":"Eduardo Saavedra","raw_affiliation_strings":["ILADES - Alberto Hurtado University"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"ILADES - Alberto Hurtado University","institution_ids":["https://openalex.org/I3129804457"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":["https://openalex.org/A5110143116"],"corresponding_institution_ids":["https://openalex.org/I3129804457"],"apc_list":null,"apc_paid":null,"fwci":null,"has_fulltext":false,"cited_by_count":3,"citation_normalized_percentile":null,"cited_by_percentile_year":null,"biblio":{"volume":"16","issue":"2","first_page":"77","last_page":"107"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T11043","display_name":"Merger and Competition Analysis","score":0.9984999895095825,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T11043","display_name":"Merger and Competition Analysis","score":0.9984999895095825,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11762","display_name":"Law, Economics, and Judicial Systems","score":0.0005000000237487257,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11499","display_name":"ICT Impact and Policies","score":0.0003000000142492354,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/information-rent","display_name":"information rent","score":0.968999981880188},{"id":"https://openalex.org/keywords/network-utility","display_name":"network utility","score":0.781000018119812},{"id":"https://openalex.org/keywords/vertical-structure","display_name":"vertical structure","score":0.9169999957084656},{"id":"https://openalex.org/keywords/natural-monopoly","display_name":"natural monopoly","score":0.843999981880188},{"id":"https://openalex.org/keywords/vertical-separation","display_name":"vertical separation","score":0.7839999794960022},{"id":"https://openalex.org/keywords/conglomerate","display_name":"conglomerate","score":0.9010000228881836},{"id":"https://openalex.org/keywords/incomplete-contracts","display_name":"incomplete contracts","score":0.7850000262260437},{"id":"https://openalex.org/keywords/information-asymmetry","display_name":"information asymmetry","score":0.9980000257492065},{"id":"https://openalex.org/keywords/allocative-efficiency","display_name":"allocative efficiency","score":0.8600000143051147},{"id":"https://openalex.org/keywords/productive-efficiency","display_name":"productive efficiency","score":0.9259999990463257}],"concepts":[{"id":"https://openalex.org/C196345963","wikidata":"https://www.wikidata.org/wiki/Q4175604","display_name":"Allocative efficiency","level":2,"score":0.8844510316848755},{"id":"https://openalex.org/C106866004","wikidata":"https://www.wikidata.org/wiki/Q264259","display_name":"Economic rent","level":2,"score":0.8439501523971558},{"id":"https://openalex.org/C2781127519","wikidata":"https://www.wikidata.org/wiki/Q43637","display_name":"Monopoly","level":2,"score":0.7826603651046753},{"id":"https://openalex.org/C106094368","wikidata":"https://www.wikidata.org/wiki/Q648510","display_name":"Natural monopoly","level":3,"score":0.6602314114570618},{"id":"https://openalex.org/C40700","wikidata":"https://www.wikidata.org/wiki/Q1411783","display_name":"Industrial organization","level":1,"score":0.6292234063148499},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.6100431084632874},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.5729085206985474},{"id":"https://openalex.org/C181169782","wikidata":"https://www.wikidata.org/wiki/Q1571520","display_name":"Vertical integration","level":2,"score":0.5308685302734375},{"id":"https://openalex.org/C2780681036","wikidata":"https://www.wikidata.org/wiki/Q7922851","display_name":"Vertical restraints","level":3,"score":0.5179980397224426},{"id":"https://openalex.org/C137577040","wikidata":"https://www.wikidata.org/wiki/Q431965","display_name":"Information asymmetry","level":2,"score":0.5065940618515015},{"id":"https://openalex.org/C155739000","wikidata":"https://www.wikidata.org/wiki/Q877707","display_name":"Market structure","level":2,"score":0.41689956188201904},{"id":"https://openalex.org/C91306197","wikidata":"https://www.wikidata.org/wiki/Q45767","display_name":"Competition (biology)","level":2,"score":0.41076505184173584},{"id":"https://openalex.org/C29122968","wikidata":"https://www.wikidata.org/wiki/Q1414816","display_name":"Incentive","level":2,"score":0.1450951099395752},{"id":"https://openalex.org/C18903297","wikidata":"https://www.wikidata.org/wiki/Q7150","display_name":"Ecology","level":1,"score":0.0},{"id":"https://openalex.org/C86803240","wikidata":"https://www.wikidata.org/wiki/Q420","display_name":"Biology","level":0,"score":0.0}],"mesh":[],"locations_count":2,"locations":[{"id":"mag:2137454087","doi":null,"is_oa":true,"landing_page_url":"https://papers.ssrn.com/sol3/Delivery.cfm/SSRN_ID1255803_code1066993.pdf?abstractid=1255803&mirid=1","pdf_url":null,"source":{"id":"https://openalex.org/S4210172589","display_name":"SSRN Electronic Journal","issn_l":"1556-5068","issn":["1556-5068"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I1318003438","host_organization_name":"RELX Group (Netherlands)","host_organization_lineage":["https://openalex.org/I1318003438"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"SSRN Electronic Journal","raw_type":null},{"id":"mag:3123237598","doi":null,"is_oa":false,"landing_page_url":"https://dialnet.unirioja.es/servlet/articulo?codigo=237699","pdf_url":null,"source":{"id":"https://openalex.org/S4306526552","display_name":"Revista de An\u00e1lisis Econ\u00f3mico \u2013 Economic Analysis Review","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["cwts-core"],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"journal"},"license":null,"license_id":null,"version":null,"is_accepted":false,"is_published":false,"raw_source_name":"Revista de An\u00e1lisis Econ\u00f3mico \u2013 Economic Analysis Review","raw_type":null}],"best_oa_location":{"id":"mag:2137454087","doi":null,"is_oa":true,"landing_page_url":"https://papers.ssrn.com/sol3/Delivery.cfm/SSRN_ID1255803_code1066993.pdf?abstractid=1255803&mirid=1","pdf_url":null,"source":{"id":"https://openalex.org/S4210172589","display_name":"SSRN Electronic Journal","issn_l":"1556-5068","issn":["1556-5068"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I1318003438","host_organization_name":"RELX Group (Netherlands)","host_organization_lineage":["https://openalex.org/I1318003438"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"SSRN Electronic Journal","raw_type":null},"sustainable_development_goals":[{"display_name":"Industry, innovation and infrastructure","id":"https://metadata.un.org/sdg/9","score":0.5378999710083008}],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":33,"referenced_works":["https://openalex.org/W141285025","https://openalex.org/W1486754436","https://openalex.org/W1511568784","https://openalex.org/W1516216046","https://openalex.org/W1520653769","https://openalex.org/W1533587012","https://openalex.org/W1552043930","https://openalex.org/W1559836034","https://openalex.org/W1753834099","https://openalex.org/W1831007245","https://openalex.org/W1849211419","https://openalex.org/W1930745950","https://openalex.org/W1972576501","https://openalex.org/W1973465190","https://openalex.org/W1975340078","https://openalex.org/W1976357907","https://openalex.org/W1984445613","https://openalex.org/W2008771942","https://openalex.org/W2017444941","https://openalex.org/W2047314199","https://openalex.org/W2059692012","https://openalex.org/W2066957297","https://openalex.org/W2097999976","https://openalex.org/W2103303285","https://openalex.org/W2117455041","https://openalex.org/W2149902237","https://openalex.org/W2155300024","https://openalex.org/W2161306963","https://openalex.org/W2306914952","https://openalex.org/W2329492341","https://openalex.org/W2566856888","https://openalex.org/W2891535705","https://openalex.org/W3122214657"],"related_works":["https://openalex.org/W7219955477","https://openalex.org/W2153191975","https://openalex.org/W1586748978","https://openalex.org/W7097579833","https://openalex.org/W2057989726","https://openalex.org/W2199936134","https://openalex.org/W2064362136","https://openalex.org/W1784941096","https://openalex.org/W1570119120","https://openalex.org/W2060314798"],"abstract_inverted_index":{"This":[0,91,123],"paper":[1,80],"presents":[2],"a":[3,19],"theoretical":[4],"assessment":[5],"of":[6,10,52,62,68,78,85,98],"the":[7,32,42,49,53,59,83,99,118],"efficiency":[8],"implications":[9],"alternative":[11,64],"vertical":[12,50,131],"structures":[13,65],"in":[14,56,66,87,107,117],"an":[15,108,127],"industry":[16],"characterized":[17],"by":[18],"natural":[20],"monopoly,":[21],"vertically":[22],"related":[23],"to":[24,48],"potentially":[25],"competitive":[26],"markets":[27],"(network":[28],"utilities).":[29],"Based":[30],"on":[31,120],"incomplete":[33],"contracts":[34],"and":[35,71],"asymmetric":[36],"information":[37],"paradigm,":[38],"I":[39],"show":[40],"that":[41,82,95,104],"monopoly's":[43],"informational":[44],"rents":[45],"vary":[46],"according":[47],"structure":[51],"industry.":[54],"This,":[55],"turn":[57],"changes":[58],"relative":[60],"advantages":[61],"these":[63],"terms":[67],"their":[69,112],"allocative":[70],"productive":[72],"inefficiencies.":[73],"The":[74],"main":[75],"policy":[76],"conclusion":[77],"this":[79,121],"is":[81,94,115],"existence":[84],"conglomerates":[86],"network":[88],"industries":[89],"matters.":[90],"paper's":[92],"contribution":[93],"its":[96],"exploration":[97],"issue":[100],"does":[101],"not":[102],"assume":[103],"monopolies":[105],"behave":[106],"uncompetitive":[109],"fashion":[110],"toward":[111],"rivals,":[113],"as":[114],"common":[116],"literature":[119],"subject.":[122],"paper,":[124],"therefore,":[125],"offers":[126],"economic":[128],"rationale":[129],"for":[130],"separation.":[132]},"counts_by_year":[{"year":2017,"cited_by_count":1}],"updated_date":"2026-10-22T18:32:59.640997","created_date":"2016-06-24T00:00:00"}