A Simplified Framework to Simulate the Impact of a Merger

In this expository article we describe the proportional calibration technique to simulate the potential impact of an association (merger) in a differentiated product price competitive industry. The procedure is forward-looking and implementable with minimal data and computational requirement. We describe the procedure in detail with examples and perform a sensitivity analysis of the predictions with respect to the input parameters.

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Year of publication:	2011
Authors:	Gupta, Sudip
Published in:	Review of Market Integration. - India Development Foundation. - Vol. 3.2011, 1, p. 1-20
Publisher:	India Development Foundation
Subject:	Merger simulation \| differentiated products \| proportional calibration \| almost ideal demand systems

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Extent:	text/html
Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010784635