are linear. The results help to reconcile theory with various empirical findings on mergers. -- efficient hedging …

and profitability. We find that the "merger paradox" (Salant, Switzer and Reynolds 1983) is absent in these markets. The … acquisition of brand portfolios can be profit enhancing for the merging firms and payoff neutral for the firms not involved in the … profitability ; customer loyalty …

We study the profitability incentives of merger and the endogenous industry structure in a strategic trade policy …

We study the profitability incentives of merger and the endogenous industry structure in a strategic trade policy …

We study the profitability incentives of mergers and the endogenous industry structure in a strategic trade policy …

and profitability. We find that the "merger paradox" (Salant, Switzer and Reynolds 1983) is absent in these markets. The … acquisition of brand portfolios can be profit enhancing for the merging firms and payoff neutral for the firms not involved in the …