We set up a three-firm model of spatial competition to analyse how a merger affects the incentives for relocation, and … conversely, how the possibility of relocation affects the profitability of the merger, particularly for the non … the case of partial collusion. For the case of mill pricing, a merger will generally induce the merger participants to …

We set up a three-firm model of spatial competition to analyse how a merger affects the incentives for relocation, and … conversely, how the possibility of relocation affects the profitability of the merger, particularly for the non … the case of partial collusion. For the case of mill pricing, a merger will generally induce the merger participants to …

innovation is more skill intensive than production. Stronger import competition increases innovation incentives, and thereby the … differentiation is endogenously determined by rms' strategic investments in product innovation. Consumers seek variety and product … entails a potential trade-off between production and variety. The import competition effect highlighted by the model, which …

innovation is more skill intensive than production. Stronger import competition increases innovation incentives, and thereby the … differentiation is endogenously determined by rms’ strategic investments in product innovation. Consumers seek variety and product … entails a potential trade-off between production and variety. The import competition effect highlighted by the model, which …

innovation is more skill intensive than production. Greater import competition increases innovation incentives, and thereby the … differentiation is endogenously determined by firms' strategic investments in product innovation. Consumers seek variety and product … entails a potential trade-off between production and variety. The import competition effect highlighted by the model, which …

innovation is more skill intensive than production. Stronger import competition increases innovation incentives, and thereby the … differentiation is endogenously determined by firms strategic investments in product innovation. Consumers seek variety and product … entails a potential trade-off between production and variety. The import competition effect highlighted by the model, which …

innovation is more skill intensive than production. Greater import competition increases innovation incentives, and thereby the … differentiation is endogenously determined by firms' strategic investments in product innovation. Consumers seek variety and product … entails a potential trade-off between production and variety. The import competition effect highlighted by the model, which …

horizontal merger. Applying a model of endogenous merger formation in a three-firm asymmetric Cournot industry, we contrast the … cases of entrepreneurial and managerial firms. The use of strategic delegation increases both the probability that a merger … takes place and the likelihood that the wrong type of merger, from the viewpoint of social welfare, is undertaken. This …

horizontal merger. Applying a model of endogenous merger formation in a three-firm asymmetric Cournot industry, we contrast the … cases of entrepreneurial and managerial firms. The use of strategic delegation increases both the probability that a merger … takes place and the likelihood that the ‘wrong’ type of merger is undertaken, from a viewpoint of social welfare. This …

We analyse how the presence of trade unions affects the pattern of mergers in an international oligopoly and the … welfare implications thereof. We find that an international merger results in lower wages for all firms. A national merger … results in higher wages, highest for the non-merging firms. Using a model of endogenous merger formation, we find that the …