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The relationship between market structure and advertising has been extensively studied, but has generated sharply … firms' advertising behavior. Well-established regional preferences over beer brands, and the sharp increase in concentration … market concentration on advertising expenditures: a 100-point increase in the HHI measure of concentration increases …
Persistent link: https://www.econbiz.de/10013004510
The relationship between market structure and advertising has been extensively studied, but has generated sharply … firms' advertising behavior. Well-established regional preferences over beer brands, and the sharp increase in concentration … market concentration on advertising expenditures: a 100-point increase in the HHI measure of concentration increases …
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We study final product manufacturers' incentives to introduce new products into the market and how they are affected by a merger among them. We show that when manufacturers distribute their products through multi-product retailers, a manufacturers merger, although it leads to an increase in the...
Persistent link: https://www.econbiz.de/10013047344
Previous work on exit in declining industries has neglected mergers. We examine a simple model that predicts which declining industries experience horizontal mergers. Mergers are more likely if 1) market concentration is high; 2) the inverse demand curve is steep at high levels of output and...
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