We study the merger paradox, a relative of Harsanyi's bargaining paradox, in an experiment. We examine bilateral …

Merged firms are typically rather complex organisations. Accordingly, merger has a more profound effect on the … and welfare-improving even if costs are linear. The driving force behind these results, which help to reconcile theory …

Merged firms are typically rather complex organizations. Accordingly, merger has a more profound effect on the … and welfare-improving even if costs are linear. The driving force behind these results, which help to reconcile theory …

We study the profitability incentives of merger and the endogenous industry structure in a strategic trade policy … environment. Merger changes the strategic trade policy equlilibrium. We show that merger can be profitable and welfare enhancing …. incentives to give subsidies to their local firms. National merger induces more strategic trade policy, whereas international …

We study the profitability incentives of merger and the endogenous industry structure in a strategic trade policy … environment. Merger changes the strategic trade policy equlilibrium. We show that merger can be profitable and welfare enhancing …. incentives to give subsidies to their local firms. National merger induces more strategic trade policy, whereas international …

' incentives to give subsidies to their local firms. A national merger induces more strategic trade policy, whereas an … international merger does not …

Merged firms are typically rather complex organizations. Accordingly, merger has a more profound effect on the … and welfare-improving even if costs are linear. The driving force behind these results, which help to reconcile theory …

and welfare – improving even if costs are linear. The driving force behind these results, which help to reconcile theory … Wirkungen auf die Marktstruktur. Sie reduzieren nicht einfach die Zahl der Wettbewerber in einem Markt, sondern durch Fusionen … Unternehmen vor der Fusion. Wir zeigen in dieser Arbeit, dass horizontale Fusion von Unternehmen aus diesen Gründen profitabel für …

and welfare – improving even if costs are linear. The driving force behind these results, which help to reconcile theory … Wirkungen auf die Marktstruktur. Sie reduzieren nicht einfach die Zahl der Wettbewerber in einem Markt, sondern durch Fusionen … Unternehmen vor der Fusion. Wir zeigen in dieser Arbeit, dass horizontale Fusion von Unternehmen aus diesen Gründen profitabel für …