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On merger profitability in a cournot setting

Ramón Faulí-Oller ()
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Ramón Faulí-Oller: Universidad de Alicante

Working Papers. Serie AD from Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie)

Abstract: In a setting where symmetric firms compete a la Cournot and costs are linear, the degree of concavity is identified as the main determinant of merger profitability. This allows to generalize the results in Salant et al (1983) and Cheung (1992).

Keywords: Mergers; profitability (search for similar items in EconPapers)
Pages: 9 pages
Date: 1997-02
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Citations: View citations in EconPapers (32)

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http://www.ivie.es/downloads/docs/wpasad/wpasad-1997-03.pdf Fisrt version / Primera version, 1997 (application/pdf)

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Persistent link: https://EconPapers.repec.org/RePEc:ivi:wpasad:1997-03

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