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The aim of this paper is to complement the existing literature on horizontal mergers, by setting a Cournot mixed oligopoly model. Specifically, the merger paradox is qualified by proving that a merger could be profitable for the merging firms even if it does not include most market firms....
Persistent link: https://www.econbiz.de/10009959077
Cartelists operate in an uncertain environment, facing market demand uncertainty and the possibility of being detected by the antitrust agency. We develop a dynamic model in which an incumbent cartel decides whether or not to voluntarily dissolve the cartel based on the observed profit and the...
Persistent link: https://www.econbiz.de/10010097667
Taking as a reference a model in which there are a public firm, a national private firm and a foreign private one, it is analyzed both mergers sustainability and their relative effects on welfare. It is proved that the merger between the public firm and either the national or the international...
Persistent link: https://www.econbiz.de/10010049047
In this paper, a fuzzy multiobjective mathematical programming model for operational transport planning in a supply chain is presented. The objectives of the proposed model are the minimization of the number of used trucks and the total inventory level, by considering vehicle capacities as a...
Persistent link: https://www.econbiz.de/10009957375
The goal of this work is to analyze whether certain resources related to human, social and financial capital influence the speed of the export development process of family firms. We use event history analysis applied to a sample of Spanish manufacturing family firms. The results show that only...
Persistent link: https://www.econbiz.de/10010049036
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exploitation of their patent, alleging several reasons for that. -- entrepreneurship ; patent rights ; and innovation …This paper entitled "Patent as a motivation of starting a new entrepreneurial activity of high potential" based on a … patents by the inventors and tries to answer the question whether the patent can be a strong motive for the patentee to start …
Persistent link: https://www.econbiz.de/10009958047
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