Search Results - subject:"sequential mergers"

A general analysis of sequential merger games with an application to cross-border mergers

Salvo, Alberto - London School of Economics (LSE) - 2004

This paper seeks to uncover why the pattern of equilibria in sequential merger games of a certain type is similar across a fairly wide class of models much studied in the literature. By developing general conditions characterising each element of the set of possible equilibria, I show that the...

Persistent link: https://www.econbiz.de/10010745143

A General Analysis of Sequential Merger Games with an Application to Cross-Border Mergers

Salvo, Alberto - Suntory and Toyota International Centres for Economics … - 2004

; sequential mergers; cross-border investment; technology transfer. JEL Nos.: D43, F23, G34, L13 © Alberto Salvo … spatial context, Matsushima (2001) studies sequential mergers by placing �rms symmetrically around a unit circle, with �rms … fair comment, yet this assumption allows us to examine sequential mergers in the context of international trade and quality …

Persistent link: https://www.econbiz.de/10005797470

Horizontal and Vertial Integration in the Presence of Research Spillovers

Borla, Stefania - Department of Economics and Related Studies, University …

We investigate how different types of merger affect input prices, research levels and equilibrium profits in vertical market structures when there is research activity in the upstream market that spills over to the downstream retailers. To do so, we develop a very simple model where three...

Persistent link: https://www.econbiz.de/10005328538