Hecking, Harald; Panke, Timo - Energiewirtschaftliches Institut (EWI), Universität zu … - 2014
This paper investigates the benefits of a merger when goods are complements and firms behave in a Cournot manner both in a theoretical model as well as in a real-world application. In a setting of two complementary duopolies a merger between two firms each producing one of the goods always...