1. Markets and Firms: A Search Approach to Spot-Trading and Vertical Integration Open Access Author: Kim, Byoung-Ki Title: Markets and Firms: A Search Approach to Spot-Trading and Vertical Integration Graduate Program: Economics Keywords: searchmarket exchange vs. integrationhomogeneous firmsco-existence of independent and integrated firmsproperty rightsjumps of asset values before and after integration File: Download etd.pdf Committee Members: Derek Laing, Committee Chair/Co-ChairN Edward Coulson, Committee MemberNezih Guner, Committee MemberKeith John Crocker, Committee Member