Showing 1 - 10 of 566
This paper examines the set of surplus maximizing mergers in a model of mixed oligopoly. The presence of a welfare maximizing public firm reduces the set of mergers for which two private firms can profitably merge. When a public firm and private firm merge, the changes in welfare and profit...
Persistent link: https://www.econbiz.de/10003833539
Persistent link: https://www.econbiz.de/10003469216
Persistent link: https://www.econbiz.de/10003631907
Persistent link: https://www.econbiz.de/10009679155
Persistent link: https://www.econbiz.de/10009269926
Persistent link: https://www.econbiz.de/10013186451
"Returning to the contention that convex costs provide a resolution to the merger paradox, we show that for reasonable degrees of convexity, the minimum market share needed for merger to be profitable remains close to that associated with linear costs. Moreover, convex costs do not eliminate the...
Persistent link: https://www.econbiz.de/10005295328
This paper examines the set of surplus maximizing mergers in a model of mixed oligopoly. The presence of a welfare maximizing public firm reduces the set of mergers for which two private firms can profitably merge. When a public firm and private firm merge, the changes in welfare and profit...
Persistent link: https://www.econbiz.de/10005351790
Persistent link: https://www.econbiz.de/10008768700
Persistent link: https://www.econbiz.de/10007909732