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Profitable horizontal mergers wiothout cost advantages : the role of internal organization, information and market structure

Huck, Steffen; Konrad, Kai A.; Müller, Wieland - In: Economica 71 (2004), pp. 575-587

Persistent link: https://www.econbiz.de/10002431652

Profitable Horizontal Mergers without Cost Advantages: The Role of Internal Organization, Information and Market Structure

Huck, Steffen; Konrad, Kai A.; Müller, Wieland - In: Economica 71 (2004) 284, pp. 575-588

Persistent link: https://www.econbiz.de/10007645609

Bargaining and Market Behavior: Essays in Experimental Economics. By VERNON I. SMITH. Cambridge University Press, Cambridge. 2000. xii+461 pp. Paperback (GBP)14.95.

Huck, Steffen - In: Economica 70 (2003) 3, pp. 567

Persistent link: https://www.econbiz.de/10007654782

Bargaining and Market Behavior: Essays in Experimental Economics. By VERNON I. SMITH. Cambridge University Press, Cambridge. 2000. xii+461 pp. Paperback (GBP)14.95.

Huck, Steffen - In: Economica 70 (2003) 279, pp. 567

Persistent link: https://www.econbiz.de/10007654902

Profitable Horizontal Mergers without Cost Advantages: The Role of Internal Organization, Information and Market Structure

Huck, Steffen; Konrad, Kai A.; Müller, Wieland - In: Economica 71 (2004) 284, pp. 575-587

Merged firms are typically rather complex organizations. Accordingly, merger has a more profound effect on the structure of a market than simply reducing the number of competitors. We show that this may render horizontal mergers profitable and welfare-improving even if costs are linear. The...

Persistent link: https://www.econbiz.de/10005195251