On merger profitability in a cournot setting
AbstractIn a setting where symmetric firms compete a la Cournot and costs are linear, the degree of concavity is identified as the main determinant of merger profitability. This allows to generalize the results in Salant et al (1983) and Cheung (1992).
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Bibliographic InfoPaper provided by Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie) in its series Working Papers. Serie AD with number 1997-03.
Length: 9 pages
Date of creation: Feb 1997
Date of revision:
Publication status: Published by Ivie
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