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This article studies the design of optimal mechanisms to regulate entry in natural oligopoly markets, assuming the …
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We analyse the effects of investment decisions and firms internal organisation on the efficiency and stability of horizontal mergers. In our framework economies of scale are endogenous and there might be internal conflict within merged firms. We show that often stable mergers do not lead to more...
Persistent link: https://www.econbiz.de/10011507904
We analyse the effects of investment decisions and firms' internal organisation on the efficiency and stability of horizontal mergers. In our framework economies of scale are endogenous and there might be internal conflict within merged firms. We show that often stable mergers do not lead to...
Persistent link: https://www.econbiz.de/10001771977
Persistent link: https://www.econbiz.de/10001781978
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. -- Electricity market modeling ; pumped hydro storage ; strategic storage ; oligopoly ; market power ; Germany ; ElStorM …
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