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General Analysis of Horizontal Merger
| DC Field | Value | Language |
|---|---|---|
| dc.contributor.author | Okuguchi, Koji | - |
| dc.contributor.author | Yamazaki, Takeshi | - |
| dc.date.accessioned | 2009-01-20 | - |
| dc.date.available | 2009-01-20 | - |
| dc.date.issued | 1994-07 | - |
| dc.identifier.citation | Seoul Journal of Economics, Vol.7 No.3, pp. 279-290 | - |
| dc.identifier.issn | 1225-0279 | - |
| dc.identifier.uri | https://hdl.handle.net/10371/1044 | - |
| dc.description.abstract | A new method of proof is presented for the existence of a unique Cournot equilibrium in oligopoly with a merged entity and independent firms. The method is then applied to derive price-enhancing effect of an increase in the number of merged firms. On the basis of the existence proof and stability condition, a sufficient condition is derived for an increase in the number of merged firms to be profitable. This condition is illustrated for a simple case of linear demand and identical quadratic cost functions. Finally, a numerical example is given. | - |
| dc.language.iso | en | - |
| dc.publisher | Institute of Economic Research, Seoul National University | - |
| dc.subject | oligopoly | - |
| dc.subject | quadratic cost function | - |
| dc.subject | Cournot oligopoly | - |
| dc.title | General Analysis of Horizontal Merger | - |
| dc.type | SNU Journal | - |
| dc.citation.journaltitle | Seoul Journal of Economics | - |
| dc.citation.endpage | 290 | - |
| dc.citation.number | 3 | - |
| dc.citation.pages | 279-290 | - |
| dc.citation.startpage | 279 | - |
| dc.citation.volume | 7 | - |
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