Endogenous mergers and size asymmetry of merger participants

被引:35
作者
Barros, PP [1 ]
机构
[1] Univ Nova Lisboa, Fac Econ, P-1070 Lisboa, Portugal
关键词
endogenous mergers; size assymmetry; merger participants;
D O I
10.1016/S0165-1765(98)00082-2
中图分类号
F [经济];
学科分类号
02 ;
摘要
This note presents a simple model highlighting the basic economic intuition about the relationship between initial market concentration and size asymmetry of merger participants. Merger participants are endogenously determined. The main result shows that a negative relation should be expected. (C) 1998 Elsevier Science S.A.
引用
收藏
页码:113 / 119
页数:7
相关论文
共 7 条
[1]  
BARROS P, 1997, EUROPEAN COMPETITION
[2]   INCENTIVES TO FORM COALITIONS WITH BERTRAND COMPETITION [J].
DENECKERE, R ;
DAVIDSON, C .
RAND JOURNAL OF ECONOMICS, 1985, 16 (04) :473-486
[3]  
FARRELL J, 1990, AM ECON REV, V80, P107
[4]  
HORN H, 1996, 1544 CEPR
[5]  
LOPES M, 1996, STABLE MERGERS CARTE
[6]  
PERRY MK, 1985, AM ECON REV, V75, P219
[7]   LOSSES FROM HORIZONTAL MERGER - THE EFFECTS OF AN EXOGENOUS CHANGE IN INDUSTRY STRUCTURE ON COURNOT-NASH EQUILIBRIUM [J].
SALANT, SW ;
SWITZER, S ;
REYNOLDS, RJ .
QUARTERLY JOURNAL OF ECONOMICS, 1983, 98 (02) :185-199