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This paper presents a novel ranking of economics journals. Our methodology is the following. First, we construct an index to rank the 304 journals recorded in the Thomson Reuters (JCR) database, for which citation counts exist. This index combines (sophisticated) citation indexes, field of...
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This paper studies the welfare consequences of a vertical merger that raises rivals costs when downstream competition is à la Cournot between firms with constant asymmetric marginal costs. The main result is that such a vertical merger can nevertheless improve welfare if it involves a...
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This paper studies the welfare consequences of a vertical merger that raises rivals' costs when downstream competition is à la Cournot between firms with constant asymmetric marginal costs. The main result is that such a vertical merger can nevertheless improve welfare if it involves a...
Persistent link: https://www.econbiz.de/10001678164
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"Double marginalization" and "Elimination of Double marginalization" are catch-phrases commonly used in the IO literature. In this note, I trace back the origin of the idea to Chapter IX, on complementary goods monopolies, of Cournot (1838). Through the years Cournot's contribution remained a...
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