Spatial competition and merging incentives when firms produce complements
Author
Abstract
Suggested Citation
DOI: 10.1016/j.regsciurbeco.2011.09.002
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Ziss, Steffen, 2001. "Horizontal mergers and delegation," International Journal of Industrial Organization, Elsevier, vol. 19(3-4), pages 471-492, March.
- Lars-Hendrik Röller & Johan Stennek & Frank Verboven, 2006.
"Efficiency Gains from Mergers,"
Chapters, in: Fabienne IIzkovitz & Roderick Meiklejohn (ed.), European Merger Control, chapter 3,
Edward Elgar Publishing.
- Lars-Hendrik Röller & Johan Stennek & Frank Verboven, 2000. "Efficiency Gains from Mergers," CIG Working Papers FS IV 00-09, Wissenschaftszentrum Berlin (WZB), Research Unit: Competition and Innovation (CIG).
- Röller, Lars-Hendrik & Stennek, Johan & Verboven, Frank, 2000. "Efficiency Gains from Mergers," Working Paper Series 543, Research Institute of Industrial Economics.
- Amir, Rabah & Diamantoudi, Effrosyni & Xue, Licun, 2009.
"Merger performance under uncertain efficiency gains,"
International Journal of Industrial Organization, Elsevier, vol. 27(2), pages 264-273, March.
- AMIR, Rabah & DIAMANTOUDI, Effrosyni & XUE, Licun, 2003. "Merger performance under uncertain efficiency gains," LIDAM Discussion Papers CORE 2003038, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- AMIR, Rabah & DIAMANTOUDI, Effrosyni & XUE, Licun, 2008. "Merger Performance under Uncertain Efficiency Gains," Cahiers de recherche 09-2008, Centre interuniversitaire de recherche en économie quantitative, CIREQ.
- Licun Xue & Rabah Amir & Effrosyni Diamantoudi, 2004. "Merger Performance under Uncertain Efficiency Gains," Working Papers 2004.79, Fondazione Eni Enrico Mattei.
- Rabah Amir & Effrosyni Diamantoudi & Licun Xue, 2006. "Merger Performance Under Uncertain Efficiency Gains," Departmental Working Papers 2005-07, McGill University, Department of Economics.
- repec:hhs:iuiwop:543 is not listed on IDEAS
- Farrell, Joseph & Shapiro, Carl, 1988. "Horizontal Mergers: An Equilibrium Analysis," Department of Economics, Working Paper Series qt0tp305nx, Department of Economics, Institute for Business and Economic Research, UC Berkeley.
- Motta, Massimo & Vasconcelos, Helder, 2005.
"Efficiency gains and myopic antitrust authority in a dynamic merger game,"
International Journal of Industrial Organization, Elsevier, vol. 23(9-10), pages 777-801, December.
- Massimo MOTTA & Helder VASCONCELOS, 2003. "Efficiency Gains and Myopic Antitrust Authority in a Dynamic Merger Game," Economics Working Papers ECO2003/23, European University Institute.
- Motta, Massimo & Vasconcelos, Helder, 2004. "Efficiency Gains and Myopic Antitrust Authority in a Dynamic Merger Game," CEPR Discussion Papers 4175, C.E.P.R. Discussion Papers.
- Farrell, Joseph & Shapiro, Carl, 1990.
"Horizontal Mergers: An Equilibrium Analysis,"
American Economic Review, American Economic Association, vol. 80(1), pages 107-126, March.
- Farrell, Joseph & Shapiro, Carl, 1988. "Horizontal Mergers: An Equilibrium Analysis," Department of Economics, Working Paper Series qt0tp305nx, Department of Economics, Institute for Business and Economic Research, UC Berkeley.
- Farrell, J. & Shapiro, C., 1988. "Horizontal Mergers: An Equilibrium Analysis," Papers 17, Princeton, Woodrow Wilson School - Discussion Paper.
- Joseph Farrell and Carl Shapiro., 1988. "Horizontal Mergers: An Equilibrium Analysis," Economics Working Papers 8880, University of California at Berkeley.
- Stephen W. Salant & Sheldon Switzer & Robert J. Reynolds, 1983. "Losses From Horizontal Merger: The Effects of an Exogenous Change in Industry Structure on Cournot-Nash Equilibrium," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 98(2), pages 185-199.
- Nilssen, Tore & Sorgard, Lars, 1998.
"Sequential horizontal mergers,"
European Economic Review, Elsevier, vol. 42(9), pages 1683-1702, November.
- Nilssen, T. & Sogard, L., 1995. "Sequential Horizontal Mergers," Papers 04-95, Norwegian School of Economics and Business Administration-.
- Nilssen, T. & Sorgard, L., 1995. "Sequential Horizontal Mergers," Memorandum 1995_030, Oslo University, Department of Economics.
- Steven C. Salop, 1979. "Monopolistic Competition with Outside Goods," Bell Journal of Economics, The RAND Corporation, vol. 10(1), pages 141-156, Spring.
- Konrad Stahl, 1982. "Location and Spatial Pricing Theory with Nonconvex Transportation Cost Schedules," Bell Journal of Economics, The RAND Corporation, vol. 13(2), pages 575-582, Autumn.
- Brito, Duarte, 2003. "Preemptive mergers under spatial competition," International Journal of Industrial Organization, Elsevier, vol. 21(10), pages 1601-1622, December.
- Perry, Martin K & Porter, Robert H, 1985. "Oligopoly and the Incentive for Horizontal Merger," American Economic Review, American Economic Association, vol. 75(1), pages 219-227, March.
- Gupta, Barnali & Pal, Debashis & Sarkar, Jyotirmoy, 1997. "Spatial Cournot competition and agglomeration in a model of location choice," Regional Science and Urban Economics, Elsevier, vol. 27(3), pages 261-282, June.
- Lommerud, Kjell Erik & Sorgard, Lars, 1997.
"Merger and product range rivalry,"
International Journal of Industrial Organization, Elsevier, vol. 16(1), pages 21-42, November.
- Lommerud, K.E. & Sorgard, L., 1997. "Merger and Product Range Rivalery," Norway; Department of Economics, University of Bergen 165, Department of Economics, University of Bergen.
- Rothschild, R. & Heywood, John S. & Monaco, Kristen, 2000. "Spatial price discrimination and the merger paradox," Regional Science and Urban Economics, Elsevier, vol. 30(5), pages 491-506, September.
- Beggs, Alan W, 1994. "Mergers and Malls," Journal of Industrial Economics, Wiley Blackwell, vol. 42(4), pages 419-428, December.
- Vickrey, William S. & Anderson, Simon P. & Braid, Ralph M., 1999. "Spatial competition, monopolistic competition, and optimum product diversity," International Journal of Industrial Organization, Elsevier, vol. 17(7), pages 953-963, October.
- Hallam, Arne, 1999. "Industrial Organization: Contemporary Theory and Practice (Instructor's Manual--Text by L. Pepall, D. J. Richards, and G. Norman)," Staff General Research Papers Archive 5310, Iowa State University, Department of Economics.
- Braid, Ralph M., 1999. "The price and profit effects of horizontal mergers in two-dimensional spatial competition," Economics Letters, Elsevier, vol. 62(1), pages 113-119, January.
- Morton I. Kamien & Israel Zang, 1990. "The Limits of Monopolization Through Acquisition," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 105(2), pages 465-499.
- Raymond Deneckere & Carl Davidson, 1985. "Incentives to Form Coalitions with Bertrand Competition," RAND Journal of Economics, The RAND Corporation, vol. 16(4), pages 473-486, Winter.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Ralph M. Braid, 2017. "Efficiency-enhancing horizontal mergers in spatial competition," Papers in Regional Science, Wiley Blackwell, vol. 96(4), pages 881-894, November.
- Emilie Dargaud & Carlo Reggiani, 2015.
"On The Price Effects Of Horizontal Mergers: A Theoretical Interpretation,"
Bulletin of Economic Research, Wiley Blackwell, vol. 67(3), pages 236-255, July.
- Emilie Dargaud & Carlo Reggiani, 2012. "On the Price Effects of Horizontal Mergers: A Theoretical Interpretation," Economics Discussion Paper Series 1201, Economics, The University of Manchester.
- Emilie Dargaud & Carlo Reggiani, 2012. "On the Price Effects of Horizontal Mergers : A Theoretical Interpretation," Working Papers 1222, Groupe d'Analyse et de Théorie Economique Lyon St-Étienne (GATE Lyon St-Étienne), Université de Lyon.
- Emilie Dargaud & Carlo Reggiani, 2013. "On the Price Effects of Horizontal Mergers : A Theoretical Interpretation," Post-Print halshs-00861685, HAL.
- Emilie Dargaud & Carlo Reggiani, 2012. "On the Price Effects of Horizontal Mergers : A Theoretical Interpretation," Working Papers halshs-00717467, HAL.
- Ying Fan & Charles Ka Yui Leung & Zan Yang, 2022.
"Financial conditions, local competition, and local market leaders: The case of real estate developers,"
Pacific Economic Review, Wiley Blackwell, vol. 27(2), pages 131-193, May.
- Fan, Ying & Leung, Charles Ka Yui & Yang, Zan, 2021. "Financial Conditions, Local Competition, and Local Market Leaders: The Case of Real Estate Developers," GRU Working Paper Series GRU_2021_007, City University of Hong Kong, Department of Economics and Finance, Global Research Unit.
- Ying Fan & Charles Ka Yui Leung & Zan Yang, 2021. "Financial Conditions, Local Competition, and Local Market Leaders: The Case of Real Estate Developers," ISER Discussion Paper 1130, Institute of Social and Economic Research, Osaka University.
- Ralph M. Braid, 2016. "Potential merger-forcing entry reduces maximum spacing between firms in spatial competition," Papers in Regional Science, Wiley Blackwell, vol. 95(3), pages 653-669, August.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Brito, Duarte, 2005. "Should alternative mergers or acquisitions be considered by antitrust authorities?," International Journal of Industrial Organization, Elsevier, vol. 23(1-2), pages 129-153, February.
- Cosnita-Langlais, Andreea, 2012.
"Horizontal market concentration: Theoretical insights from spatial models,"
Research in Economics, Elsevier, vol. 66(1), pages 22-32.
- Andreea Cosnita-Langlais, 2008. "Horizontal market concentration: Theoretical insights from the spatial models," Working Papers hal-04140709, HAL.
- Andreea Cosnita-Langlais, 2008. "Horizontal market concentration: Theoretical insights from the spatial models," EconomiX Working Papers 2008-42, University of Paris Nanterre, EconomiX.
- Andreea Cosnita-Langlais, 2012. "Horizontal market concentration: Theoretical insights from the spatial models," Post-Print hal-01385809, HAL.
- Cristina Pardo-Garcia & Jose Sempere-Monerris, 2015.
"Equilibrium mergers in a composite good industry with efficiencies,"
SERIEs: Journal of the Spanish Economic Association, Springer;Spanish Economic Association, vol. 6(1), pages 101-127, March.
- PARDO-GARCIA, Christina & SEMPERE-MONERRIS, Jose J., 2013. "Equilibrium mergers in a composite good industry with efficiencies," LIDAM Discussion Papers CORE 2013067, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- Cristina PARDO-GARCIA & Jose J. SEMPERE-MONERRIS, 2015. "Equilibrium mergers in a composite good industry with efficiencies," LIDAM Reprints CORE 2787, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- PARDO-GARCIA, Cristina & SEMPERE-MONNERIS, Jose, 2015. "Equilibrium mergers in a composite good industry with efficiencies," LIDAM Reprints CORE 2654, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- Brito, Duarte, 2003. "Preemptive mergers under spatial competition," International Journal of Industrial Organization, Elsevier, vol. 21(10), pages 1601-1622, December.
- Christos Cabolis & Constantine Manasakis & Emmanuel Petrakis, 2008. "Horizontal Mergers and Acquisitions with Endogenous Efficiency Gains," Working Papers 0817, University of Crete, Department of Economics.
- Mariana Cunha & Hélder Vasconcelos, 2018. "Sequential Mergers and Antitrust Authority’s Decisions in Stackelberg Markets," Journal of Industry, Competition and Trade, Springer, vol. 18(3), pages 373-394, September.
- Nilssen, Tore & Sorgard, Lars, 1998.
"Sequential horizontal mergers,"
European Economic Review, Elsevier, vol. 42(9), pages 1683-1702, November.
- Nilssen, T. & Sogard, L., 1995. "Sequential Horizontal Mergers," Papers 04-95, Norwegian School of Economics and Business Administration-.
- Nilssen, T. & Sorgard, L., 1995. "Sequential Horizontal Mergers," Memorandum 1995_030, Oslo University, Department of Economics.
- Emilie Dargaud & Carlo Reggiani, 2015.
"On The Price Effects Of Horizontal Mergers: A Theoretical Interpretation,"
Bulletin of Economic Research, Wiley Blackwell, vol. 67(3), pages 236-255, July.
- Emilie Dargaud & Carlo Reggiani, "undated". "Horizontal Mergers in the Spokes Model," Discussion Papers 09/12, Department of Economics, University of York.
- Emilie Dargaud & Carlo Reggiani, 2012. "On the Price Effects of Horizontal Mergers: A Theoretical Interpretation," Economics Discussion Paper Series 1201, Economics, The University of Manchester.
- Emilie Dargaud & Carlo Reggiani, 2012. "On the Price Effects of Horizontal Mergers : A Theoretical Interpretation," Working Papers 1222, Groupe d'Analyse et de Théorie Economique Lyon St-Étienne (GATE Lyon St-Étienne), Université de Lyon.
- Emilie Dargaud & Carlo Reggiani, 2012. "On the Price Effects of Horizontal Mergers : A Theoretical Interpretation," Working Papers halshs-00717467, HAL.
- Emilie Dargaud & Carlo Reggiani, 2013. "On the Price Effects of Horizontal Mergers : A Theoretical Interpretation," Post-Print halshs-00861685, HAL.
- Kjell Erik Lommerud & Odd Rune Straume & Lars Sørgard, 2006.
"National versus international mergers in unionized oligopoly,"
RAND Journal of Economics, RAND Corporation, vol. 37(1), pages 212-233, March.
- Lommerud, Kjell Erik & Straume, Odd Rune & Sørgard, Lars, 2003. "National versus international mergers in unionised oligopoly," Working Papers in Economics 12/03, University of Bergen, Department of Economics.
- Sørgard, Lars & Lommerud, Kjell Erik, 2003. "National versus International Mergers in Unionised Oligopoly," CEPR Discussion Papers 4040, C.E.P.R. Discussion Papers.
- Eileen Fumagalli & Tore Nilssen, 2019. "Sweetening the Pill: a Theory of Waiting to Merge," Journal of Industry, Competition and Trade, Springer, vol. 19(3), pages 351-388, September.
- Inderst, Roman & Wey, Christian, 2004.
"The incentives for takeover in oligopoly,"
International Journal of Industrial Organization, Elsevier, vol. 22(8-9), pages 1067-1089, November.
- Roman Inderst & Christian Wey, 2001. "The Incentives for Takeover in Oligopoly," CIG Working Papers FS IV 01-24, Wissenschaftszentrum Berlin (WZB), Research Unit: Competition and Innovation (CIG).
- Roman Inderst & Christian Wey, 2004. "The Incentives for Takeover in Oligopoly," Discussion Papers of DIW Berlin 423, DIW Berlin, German Institute for Economic Research.
- Wey, Christian & Inderst, Roman, 2002. "The Incentives for Takeover in Oligopoly," CEPR Discussion Papers 3163, C.E.P.R. Discussion Papers.
- Persson, Lars & Norbäck, Pehr-Johan & Tåg, Joacim, 2012.
"Buying to Sell: Private Equity Buyouts and Industrial Restructuring,"
CEPR Discussion Papers
8992, C.E.P.R. Discussion Papers.
- Pehr-Johan Norbäck & Lars Persson & Joacim Tag, 2013. "Buying to Sell: Private Equity Buyouts and Industrial Restructuring," CESifo Working Paper Series 4338, CESifo.
- Norbäck, Pehr-Johan & Persson, Lars & Tåg, Joacim, 2010.
"Buying to Sell: A Theory of Buyouts,"
Working Paper Series
817, Research Institute of Industrial Economics.
- Persson, Lars & Norbäck, Pehr-Johan & Tåg, Joacim, 2012. "Buying to Sell: Private Equity Buyouts and Industrial Restructuring," CEPR Discussion Papers 8992, C.E.P.R. Discussion Papers.
- Fumagalli, Eileen & Nilssen, Tore, 2008. "Waiting to Merge," Memorandum 13/2008, Oslo University, Department of Economics.
- Kurt R. Brekke & Luigi Siciliani & Odd Rune Straume, 2017.
"Horizontal mergers and product quality,"
Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 50(4), pages 1063-1103, November.
- Kurt R. Brekke & Luigi Siciliani & Odd Rune Straume, 2017. "Horizontal mergers and product quality," Canadian Journal of Economics, Canadian Economics Association, vol. 50(4), pages 1063-1103, November.
- Brekke, Kurt R. & Siciliani, Luigi & Straume, Odd Rune, 2014. "Horizontal Mergers and Product Quality-," Discussion Paper Series in Economics 4/2014, Norwegian School of Economics, Department of Economics.
- Brekke, Kurt Richard & Siciliani, Luigi, 2014. "Horizontal Mergers and Product Quality," CEPR Discussion Papers 10156, C.E.P.R. Discussion Papers.
- Kurt R. Brekke & Luigi Siciliani & Odd Rune Straume, 2015. "Horizontal Mergers and Product Quality," CESifo Working Paper Series 5406, CESifo.
- Kurt R. Brekke & Luigi Siciliani & Odd Rune Straume, 2014. "Horizontal Mergers and Product Quality," NIPE Working Papers 07/2014, NIPE - Universidade do Minho.
- Emilie Dargaud, 2007. "Active firms in horizontal mergers and cartel stability," Post-Print halshs-00164900, HAL.
- Emilie Dargaud, 2005.
"Monopolization through acquisitions in a differentiated product industry,"
Working Papers
0507, Groupe d'Analyse et de Théorie Economique Lyon St-Étienne (GATE Lyon St-Étienne), Université de Lyon.
- Emilie Dargaud, 2005. "Monopolization through acquisitions in a differentiated product industry," Post-Print halshs-00180041, HAL.
- Fridolfsson, Sven-Olof & Stennek, Johan, 2005. "Hold-up of anti-competitive mergers," International Journal of Industrial Organization, Elsevier, vol. 23(9-10), pages 753-775, December.
- Joseph A. Clougherty & Tomaso Duso, 2010.
"Using Rival Effects to Identify Synergies and Improve Merger Typologies,"
CIG Working Papers
SP II 2010-13, Wissenschaftszentrum Berlin (WZB), Research Unit: Competition and Innovation (CIG).
- Clougherty, Joseph A. & Duso, Tomaso, 2011. "Using rival effects to identify synergies and improve merger typologies," DICE Discussion Papers 25, Heinrich Heine University Düsseldorf, Düsseldorf Institute for Competition Economics (DICE).
- Joseph A. Clougherty & Tomaso Duso, 2010. "Using Rival Effects to Identify Synergies and Improve Merger Typologies," CIG Working Papers SP II 2010-13, Wissenschaftszentrum Berlin (WZB), Research Unit: Competition and Innovation (CIG).
- Walter Ferrarese, 2020. "When Multiple Merged Entities Lead in Stackelberg Oligopolies," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 56(1), pages 131-142, February.
More about this item
Keywords
Spatial competition; Complementarities; Merger incentives;All these keywords.
JEL classification:
- L10 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - General
- L40 - Industrial Organization - - Antitrust Issues and Policies - - - General
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:regeco:v:42:y:2012:i:1:p:221-229. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/regec .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.