Stable Mergers and Cartels Involving Asymmetric Firms

Detalhes bibliográficos
Autor(a) principal: Catalão-Lopes, Margarida
Data de Publicação: 1999
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
Texto Completo: http://hdl.handle.net/10362/83642
Resumo: The endogenous formation of coalitions involving asymmetric firms and their stability are analyzed as a function of differences in efficiency and of the fixed cost of production. Results are derived for cartels as well as for mergers. Players have constant but different marginal costs of production and no rule of product 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.
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spelling Stable Mergers and Cartels Involving Asymmetric FirmsThe endogenous formation of coalitions involving asymmetric firms and their stability are analyzed as a function of differences in efficiency and of the fixed cost of production. Results are derived for cartels as well as for mergers. Players have constant but different marginal costs of production and no rule of product 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.Nova SBERUNCatalão-Lopes, Margarida2019-10-08T10:13:31Z1999-041999-04-01T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttp://hdl.handle.net/10362/83642engCatalão Lopes, Margarida, Stable Mergers and Cartels Involving Asymmetric Firms (April, 1999). FEUNL Working Paper Series No. 371info:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2024-03-11T04:37:19Zoai:run.unl.pt:10362/83642Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-20T03:36:22.351923Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse
dc.title.none.fl_str_mv Stable Mergers and Cartels Involving Asymmetric Firms
title Stable Mergers and Cartels Involving Asymmetric Firms
spellingShingle Stable Mergers and Cartels Involving Asymmetric Firms
Catalão-Lopes, Margarida
title_short Stable Mergers and Cartels Involving Asymmetric Firms
title_full Stable Mergers and Cartels Involving Asymmetric Firms
title_fullStr Stable Mergers and Cartels Involving Asymmetric Firms
title_full_unstemmed Stable Mergers and Cartels Involving Asymmetric Firms
title_sort Stable Mergers and Cartels Involving Asymmetric Firms
author Catalão-Lopes, Margarida
author_facet Catalão-Lopes, Margarida
author_role author
dc.contributor.none.fl_str_mv RUN
dc.contributor.author.fl_str_mv Catalão-Lopes, Margarida
description The endogenous formation of coalitions involving asymmetric firms and their stability are analyzed as a function of differences in efficiency and of the fixed cost of production. Results are derived for cartels as well as for mergers. Players have constant but different marginal costs of production and no rule of product 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.
publishDate 1999
dc.date.none.fl_str_mv 1999-04
1999-04-01T00:00:00Z
2019-10-08T10:13:31Z
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
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status_str publishedVersion
dc.identifier.uri.fl_str_mv http://hdl.handle.net/10362/83642
url http://hdl.handle.net/10362/83642
dc.language.iso.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv Catalão Lopes, Margarida, Stable Mergers and Cartels Involving Asymmetric Firms (April, 1999). FEUNL Working Paper Series No. 371
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eu_rights_str_mv openAccess
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