Bracho, Marcos Ávalos - In: Economía Mexicana NUEVA ÉPOCA XIX (2010) 2, pp. 343-376
This paper provides a discussion on mergers and the role played by efficiency gains. By introducing a capacity-constrained Cournot model, we show that one way to extract useful information from merging firms is to design a scheme (requiring that the firms divest some of their assets) that leads...