Search Results - subject:"profitability of mergers"

Implications of unprofitable horizontal mergers: a positive external effect does not suffice to clear a merger!

Budzinski, Oliver; Kretschmer, Jürgen-Peter - In: Contemporary Economics 10 (2016) 1, pp. 13-26

Standard analysis of mergers in oligopolies along the lines of the popular Farrell-Shapiro Framework (FSF) relies, regarding its policy conclusions, on the assumption that rational agents will only propose privately profitable mergers. If this assumption were held, a positive external effect of...

Persistent link: https://www.econbiz.de/10011659871

Implications of unprofitable horizontal mergers: a positive external effect does not suffice to clear a merger!

Budzinski, Oliver; Kretschmer, Jürgen-Peter - In: Contemporary economics 10 (2016) 1, pp. 13-26

Persistent link: https://www.econbiz.de/10011452858

Unprofitable horizontal mergers, external effects, and welfare

Budzinski, Oliver; Kretschmer, Jürgen-Peter - 2015

Standard analysis of mergers in oligopolies along the lines of the popular Farrell-Shapiro-Framework (FSF) relies regarding its policy conclusions sensitively on the assumption that rational agents will only propose privately profitable mergers. If this assumption held, a positive external...

Persistent link: https://www.econbiz.de/10011492569

Unprofitable horizontal mergers, external effects, and welfare

Budzinski, Oliver; Kretschmer, Jürgen-Peter - 2015

Persistent link: https://www.econbiz.de/10011492104

Implications of Unprofitable Horizontal Mergers: A Positive External Effect does not Suffice to Clear a Merger!

Budzinski, Oliver; Kretschmer, Jürgen-Peter - Institut for Miljø og Erhvervsøkonomi, Syddansk … - 2009

, horizontal merger policy, profitability of mergers, antitrust 5 1. Introduction The framework for analysing … mergers impedes a welfare-maximising merger policy. 2. (Un-) Profitability of Mergers The comprehensive empirical … literature on the profitability of mergers is typi- cally classified into two methodological approaches: firstly, the ‘success …

Persistent link: https://www.econbiz.de/10005642116

Implications of unprofitable horizontal mergers: A positive external effect does not suffice to clear a merger!

Budzinski, Oliver; Kretschmer, Jürgen-Peter - 2009

We demonstrate that the popular Farrell-Shapiro-framework (FSF) for the analysis of mergers in oligopolies relies regarding its policy conclusions sensitively on the assumption that rational agents will only propose privately profitable mergers. If this assumption held, a positive external...

Persistent link: https://www.econbiz.de/10010321686

Implications of unprofitable horizontal mergers : a re-interpretation of the Farrell-shapiro-Framework

Budzinski, Oliver; Kretschmer, Jürgen-Peter - 2007

Persistent link: https://www.econbiz.de/10010265767

Implications of Unprofitable Horizontal Mergers: A Re-Interpretation of the Farrell-Shapiro-Framework

Budzinski, Oliver; Kretschmer, Jürgen-Peter - Volkswirtschaft Abteilung, Fachbereich … - 2007

: oligopoly theory, horizontal merger policy, profitability of mergers, freedom of competition, antitrust Contents: 1 … ............................................................................................................................1 2. (Un-) Profitability of Mergers … power. Budzinski & Kretschmer: Implications of Unprofitable Mergers 2 2. (Un-) Profitability of Mergers The …

Persistent link: https://www.econbiz.de/10005685615