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merger on market outcomes can be obtained. Using this methodology, I evaluate the impact of independent hospital mergers … effect of a merger on the behavior of rival firms, and instrumenting for these mergers, unbiased estimates of the effect of a … between 1989 and 1996 on rivals' prices. I find sharp increases in rivals' prices following a merger, with the greatest effect …
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merger on market outcomes can be obtained. Using this methodology, I evaluate the impact of independent hospital mergers … effect of a merger on the behavior of rival firms, and instrumenting for these mergers, unbiased estimates of the effect of a … between 1989 and 1996 on rivals' prices. I find sharp increases in rivals' prices following a merger, with the greatest effect …
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