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asymmetric Stackelberg market we obtain that some mergers are profitable. Our main result is that mergers among followers become …It is well known that the profitability of horizontal mergers with quantity competition is scarce. However, in an …
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This note shows that the profitability of a merger between a leader and a follower in a Stackelberg market crucially …
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In a Stackelberg framework of capital income taxation it is shown that imposing a minimum tax rate that is lower than …Diese Arbeit untersucht Steuerwettbewerb als Stackelberg-Spiel. Als zentrales Ergebnis zeigt sich, dass die Einführung …
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simultaneous moves, the multiproduct firm offers the predicted number of units. When the multiproduct firm is the Stackelberg …
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simultaneous moves, the multi-product firm offers the predicted number of units. When the multi-product firm is the Stackelberg …
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We analyze a symmetric n-firm Cournot oligopoly with a heterogeneous population of optimizers and imitators. Imitators mimic the output decision of the most successful firms of the previous round a l`a Vega-Redondo (1997). Optimizers play a myopic best response to the opponents' previous output....
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