We introduce merging strategies and endogenous MQS, borrowed from Ecchia and Lambertini (1997), in Scarpa (1998). MQS induces the low-quality firm to exit the market and leads to a monopoly arising from the bilateral merger of the high-quality firms
Mergers under Endogenous Minimum Quality Standard: A note / Cesi, B. - In: ECONOMICS BULLETIN. - ISSN 1545-2921. - 30:4(2010), pp. 3260-3266.
Mergers under Endogenous Minimum Quality Standard: A note
Cesi B
2010
Abstract
We introduce merging strategies and endogenous MQS, borrowed from Ecchia and Lambertini (1997), in Scarpa (1998). MQS induces the low-quality firm to exit the market and leads to a monopoly arising from the bilateral merger of the high-quality firmsFile allegati a questo prodotto
Non ci sono file associati a questo prodotto.
I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.
