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Vertical integration and long term contracts : the case of coal ...

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By pl joskow · 1984 · cited by 1368 — implies that vertical integration or complex long term contracts will be used ... perspective between spot sales and contract sales with deliveries spread ...
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Digitized by the Internet Archivein 2011 with funding fromBoston Library Consortium IVIember Librarieshttp://www.archive.org/details/verticalintegratOOjoskworking paperdepartmentof economicsVERTICAL IKTEGRATIOH AHD LONG TEM CONTRACTS:THE CASE OF COAL BDEKIHG ELECTRICGEHERATING PLAKTSPaul L. JoskowK.I.T. 'Working Paper #561massachusettsinstitute oftechnology50 memorial driveCambridge, mass. 02139/vertical IirrEGRATIOI? AHD LONG TEEK COirTRACTS;THE CASE OP COAL BDEKIHG ELECTHICGEHERATING PLAKTSPaul L. JoskowK.I.T. Working Paper #361December 1984Reserech support from the KIT Center for Energy Policy Research and theDepartment of Economics Energy Research Fund is gratefully acknowledged. Thepaper is, of course, solely the responsihility of the author.Vertical Integration and Long Term Contracts: The Case of Coal BurningElectric Generating PlantsPaul L. JoskowMIT" Buyers will construct, own and operate a coal fired steam-electricgenerating plant ...adjoining coal lands of Seller, based upon...