Horizontal Mergers Without Synergies May Increase Consumer Welfare
نویسندگان
چکیده
منابع مشابه
Horizontal mergers with synergies: first-price vs. profit-share auction
Speaker: Prof. Dr. Urs Schweizer. Department of Economics University of Bonn D-53113 Bonn, Phone: +49(0228)739220 Fax: +49(0228)739221 *University of Bonn, Department of Economics, BWL II, Adenauerallee 24-42, D-53113 Bonn, Germany, Email: [email protected] **Shanghai University of Finance and Economics, School of Economics, Guoding Road 777, 200433 Shanghai, China, Email: cuihongf@mail....
متن کاملStrategic Buyers, Horizontal Mergers and Synergies: An Experimental Investigation
This paper reports an experiment designed to evaluate interrelationships between strategic buyers, market power and merger-induced synergies. The experiment consists of 40 posted-offer quadropolies. Treatments include the use of simulated or human buyers, seller consolidations and merger-induced fixed cost and unit cost synergies. In the simulated-buyer markets we observe behavior generally con...
متن کاملWhen do fat taxes increase consumer welfare?
Previous analyses of fat taxes have generally worked within an empirical framework in which it is difficult to determine whether consumers benefit from the policy. This note outlines on simple means to determine whether consumers benefit from a fat tax by comparing the ratio of expenditures on the taxed good to the weight effect of the tax against the individual's willingness to pay for a one-p...
متن کاملDoes generic entry always increase consumer welfare?
This article examines how the nature of competition between brands in a therapeutic category changes after generic entry and provide a framework for analyzing the effect of generic entry on consumer welfare that takes into account the generic free riding problem. It demonstrates that changes in competition along dimensions other than retail price--such as competition in research and development...
متن کاملHealth Economics Letter When Do Fat Taxes Increase Consumer Welfare?
Previous analyses of fat taxes have generally worked within an empirical framework in which it is difficult to determine whether consumers benefit from the policy. This note outlines on simple means to determine whether consumers benefit from a fat tax by comparing the ratio of expenditures on the taxed good to the weight effect of the tax against the indivi dual’s willingness to pay for a one...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Topics in Economic Analysis & Policy
سال: 2003
ISSN: 1538-0653
DOI: 10.2202/1538-0653.1074