Title of article :
Cost-reducing horizontal mergers that leave prices unchanged in models of spatial competition
Author/Authors :
Ralph M. Braid، نويسنده ,
Issue Information :
روزنامه با شماره پیاپی سال 2001
Abstract :
Horizontal mergers between two (or more) adjacent firms may leave prices unchanged. In the simplest cases, this happens if each of two merging firms has a marginal cost decrease equal to 1/(n−1) times the pre-merger price markup, if each store has n nearest neighbors
Keywords :
Two dimensions , Horizontal merger , Spatial competition , One dimension
Journal title :
Economics Letters
Journal title :
Economics Letters
