IDEAS home Printed from
   My bibliography  Save this paper

Stable mergers and cartels involving asymmetric firms


  • Lopes, Margarida Catalao


The endogenous formation of coalitions involving asymmetric firms and their stability are analyzed as a function of diferences in eficiency and of the mixed cost of production. Results are derived for cartels as well as for mergers. Players have constant but diferent marginal costs of production and no rule of profit sharing is fixed. The analysis is illustrated for a specific path of collusion. Finally welfare effects are studied and some conclusions are drawn for antitrust policy.

Suggested Citation

  • Lopes, Margarida Catalao, 1999. "Stable mergers and cartels involving asymmetric firms," FEUNL Working Paper Series wp371, Universidade Nova de Lisboa, Faculdade de Economia.
  • Handle: RePEc:unl:unlfep:wp371

    Download full text from publisher

    File URL:
    Download Restriction: no

    More about this item


    Access and download statistics


    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:unl:unlfep:wp371. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Sean Story). General contact details of provider: .

    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.

    We have no references for this item. You can help adding them by using 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.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.