Narrow search
Showing 1 - 10 of 111
Cover Image
The Incentives for Takeover in Oligopoly
Inderst, Roman; Wey, Christian - Abteilung "Wettbewerbsfähigkeit und industrieller … - 2001
application is to comparetakeover incentives in a differentiated Cournot and Bertrand oligopoly model withlinear demand and costs … Bertrand competition if products are substitutes. Moreover, asproducts become closer substitutes, a takeover becomes more … likely under Bertrand andless likely under Cournot competition. <br> <br> <i>ZUSAMMENFASSUNG - (Übernahmeanreize im Oligopol …
Persistent link: https://www.econbiz.de/10005772946
Cover Image
The incentives for takeover in oligopoly
Inderst, Roman; Wey, Christian - 2001
application is to compare takeover incentives in a differentiated Cournot and Bertrand oligopoly model with linear demand and … under Bertrand competition if products are substitutes. Moreover, as products become closer substitutes, a takeover becomes … more likely under Bertrand and less likely under Cournot competition. …
Persistent link: https://www.econbiz.de/10010278090
Cover Image
The Incentives for Takeover in Oligopoly
Inderst, Roman; Wey, Christian - C.E.P.R. Discussion Papers - 2002
application is to compare takeover incentives in a differentiated Cournot and Bertrand oligopoly model with linear demand and … under Bertrand competition if products are substitutes. Moreover, as products become closer substitutes, a takeover becomes … more likely under Bertrand and less likely under Cournot competition. …
Persistent link: https://www.econbiz.de/10005136493
Cover Image
Bertrand Competition in Markets with Network Effects and Switching Costs
Suleymanova, Irina; Wey, Christian - Universität <Berlin, Humboldt-Universität> / … - 2008
We analyze market dynamics under Bertrand duopoly competition in industries with network effects and consumer switching …
Persistent link: https://www.econbiz.de/10005863289
Cover Image
Unionization structures in international oligopoly
Pagel, Beatrice; Wey, Christian - 2012
We examine how competition in international markets affects a union's choice of wage regime which can be either uniform or discriminatory. Firms are heterogenous with regard to international competition. When unions choose their wage regimes sequentially, a discriminatory outcome becomes more...
Persistent link: https://www.econbiz.de/10010308218
Cover Image
How to counter union power? Equilibrium mergers in international oligopoly
Pagel, Beatrice; Wey, Christian - 2013
We re-examine the common wisdom that cross-border mergers are the most effective merger strategy for firms facing powerful unions. In contrast, we obtain a domestic merger outcome whenever firms are sufficiently heterogeneous (in terms of productive efficiency and product differentiation). A...
Persistent link: https://www.econbiz.de/10010311811
Cover Image
Input price discrimination (bans), entry and welfare
Dertwinkel-Kalt, Markus; Haucap, Justus; Wey, Christian - 2013
Katz (1987), DeGraba (1990), and Yoshida (2000) have formulated theories that price discrimination bans in intermediary goods markets tend to have positive effects on allocative, dynamic and productive efficiency, respectively. We show that none of these results is robust vis-à-vis endogenous...
Persistent link: https://www.econbiz.de/10010314652
Cover Image
Passive partial ownership, sneaky takeover, and merger control
Jovanovic, Dragan; Wey, Christian - 2013
We analyze horizontal mergers when the acquirer holds a passive partial ownership stake (PPO) in the target firm prior to the merger. We show that a PPO reduces the minimal synergy level necessary to make a merger beneficial for consumers. It follows that an antitrust authority ignoring existing...
Persistent link: https://www.econbiz.de/10010319611
Cover Image
The Incentives for Takeover in Oligopoly
Inderst, Roman; Wey, Christian - 2004
Bertrand models. A takeover is more likely under Bertrand competition if goods are substitutes and more likely under Cournot …
Persistent link: https://www.econbiz.de/10010260718
Cover Image
Unionisation Structures and Innovation Incentives
Haucap, Justus; Wey, Christian - 2003
This paper examines how different unionisation structures affect firms' innovation incentives and industry employment. We distinguish three modes of unionisation with increasing degree of centralisation: (1) 'Decentralisation' where wages are determined independently at the firm-level, (2)...
Persistent link: https://www.econbiz.de/10010263388