horizontal merger of firms where the demand function is nonlinear. We take into consideration the open-loop equilibrium. We show … that in relation to the fact that the demand is nonlinear and prices follow some stickiness an incentive for small merger … exists, while it does not appear under the standard approach using a linear demand function. …

We study the incentives towards horizontal merger among firms when the amount of capital is the strategic variable. The … efficient for insiders as well as for outsiders; (ii) socially efficient if market size is large enough, including the case of … maximisers. Within a simple oligopoly model, we prove that the horizontal merger, for any merger size, is: (i) privately …

horizontal merger of firms where the demand function is nonlinear. We take into consideration the open-loop equilibrium. We show … that in relation to the fact that the demand is nonlinear and prices follow some stickiness an incentive for small merger … exists, while it does not appear under the standard approach using a linear demand function …

We study the incentives towards horizontal merger among firms when the amount of capital is the strategic variable. We … simple oligopoly model, we prove that the horizontal merger, for any merger size, is: (i) privately efficient for insiders as … well as for outsiders; (ii) socially efficient if market size is large enough, even in the case of merger to monopoly …

We investigate the feasibility of horizontal mergers in a homogeneous triopoly where firms compete in quantities and … production is polluting the environment. We show that the degree of alignment between private and social incentives increases in …

clean good is, on the contrary, shown to give both countries the right incentives to liberalize trade. Allowing for …