To acquire, or to compete? An entry dilemna

Jean Gabszewicz (), Didier Laussel () and Ornella TAROLA

No 2008027, CORE Discussion Papers from Université catholique de Louvain, Center for Operations Research and Econometrics (CORE)

Abstract: In this paper we address the following question: is it more profitable, for an entrant in a differentiated market, to acquire an existing firm than to compete? We illustrate the answer by considering competition in the banking sector.

Keywords: Vertical differentiation; entry; banking competition (search for similar items in EconPapers)
JEL-codes: G34 L13 L22 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-ban, nep-cfn, nep-com, nep-ind and nep-mic
Date: 2008-05-01

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Working Paper: To acquire or to compete ? An entry dilemna (2008)
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Persistent link: http://EconPapers.repec.org/RePEc:cor:louvco:2008027

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