On merger profitability in a cournot setting

  1. Faulí Oller, Ramon
Zeitschrift:
Working papers = Documentos de trabajo: Serie AD

Datum der Publikation: 1997

Nummer: 3

Art: Arbeitsdokument

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Zusammenfassung

In 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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