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On mergers in consumer search markets
Janssen, Maarten C. W.; Moraga-González, José Luis - 2007
Persistent link: https://www.econbiz.de/10003609572
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Consolidation waves
Berg, Ward A. van den; Smit, Han T. J. - 2007
This paper explains why consolidation acquisitions occur in waves and it predicts the differing role each firm is likely to play in the consolidation game. We propose that whether a firm assumes the role of rival consolidator, target, or passive observer depends on the position of the firm...
Persistent link: https://www.econbiz.de/10011372521
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Antitrust in open economies
Francois, Joseph F.; Horn, Henrik - 2006
We examine antitrust rules in a two county general equilibrium trade model, contrasting national and multilateral (cooperative) determination of competition policy, exploring the properties of the policy equilibrium. It is not imperfect competition, but variation in competitive stance between...
Persistent link: https://www.econbiz.de/10011348345
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Quantifying the scope for efficiency defense in merger control : the Werden-Froeb-Index
Goppelsroeder, Marie; Schinkel, Maarten-Pieter; … - 2006
This paper introduces the Werden-Froeb Index (WFI) to assist in evaluating merger-specific efficiencies in horizontal … mergers. The index measures the weighted average reduction in marginal costs required to restore pre-merger equilibrium prices … and quantities after the (full or partial) merger is consummated. The WFI is well defined, objective and robust, and it …
Persistent link: https://www.econbiz.de/10011349182
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Search costs, demand-side economies and the incentives to merge under Betrand competition
Moraga-González, José Luis; Petrikaite, Vaiva - 2012
Persistent link: https://www.econbiz.de/10009722700
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R&D cooperatives and market collusion : a global dynamic approach
Hinloopen, Jeroen; Smrkolj, Grega; Wagener, Florian … - 2016
We present a continuous-time generalization of the seminal R&D model of d'Aspremont and Jacquemin (American Economic Review, 1988) to examine the trade-off between the benefits of allowing firms to cooperate in R&D and the corresponding increased potential for product market collusion. We...
Persistent link: https://www.econbiz.de/10011520481
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Collusion through joint R&D : an empirical assessment
Duso, Tomaso; Roeller, Lars-Hendrik; Seldeslachts, Jo - 2010
This paper tests whether upstream R&D cooperation leads to downstream collusion. We consider an oligopolistic setting where firms enter in research joint ventures (RJVs) to lower production costs or coordinate on collusion in the product market. We show that a sufficient condition for...
Persistent link: https://www.econbiz.de/10011382325
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Applied R&D cooperation and co-financing of innovation
Rutsaert, Pauline - 1996
Persistent link: https://www.econbiz.de/10000934394
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What might motivate applied R&D cooperation? : Answer via two case studies
Rutsaert, Pauline - 1996
Persistent link: https://www.econbiz.de/10000934395
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R & D networks
Goyal, Sanjeev; Moraga, José Luis - 2000
Persistent link: https://www.econbiz.de/10001511198