No. 115/116, SPECIAL ISSUE ON KNOWLEDGE CAPITAL IN NANOTECHNOLOGY AND OTHER HIGH TECHNOLOGY INDUSTRIES (December 2014), pp. 343-360 (18 pages) This paper studies the aggregate substitution and ...
In this note we analyze the incentives to merge in a mixed duopoly if firms compete in prices or quantities. Our model framework mainly follows Barcena-Ruiz and Garzon (J Econ 80:27-42, 2003) who set ...
This paper provides a full characterization of the price effects of horizontal mergers in the Cournot model with heterogeneous firms and constant returns to scale. We show that the price change ...
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