Efficient Horizontal Mergers

Satya Chakravarty

DELTA Working Papers from DELTA (Ecole normale supérieure)

Abstract: This paper considers the Debreu [6] - Farell [10] - Färe [7] measure of efficiency of merger to compare economic efficiencies of alternative merged entities in a homogenous good industry. The comparability results rely on concentration curve dominance relation and identify the class of cost functions for which efficiency ranking the entities becomes unambiguous. The results have been developed under alternative assumptions about the total output and number of firms of the merging subgroups.

Keywords: MERGERS; MARKETS STRUCTURES (search for similar items in EconPapers)
JEL-codes: D40 L11 L22 L41 (search for similar items in EconPapers)
Pages: 16 pages
Date: 1998
References: Add references at CitEc
Citations:

Published in Journal of Economic Theory, vol.82, 1998

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
Journal Article: Efficient Horizontal Mergers (1998)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:del:abcdef:98-18

Access Statistics for this paper

More papers in DELTA Working Papers from DELTA (Ecole normale supérieure) Contact information at EDIRC.
Bibliographic data for series maintained by ().