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Welfare-enhancing mergers under product differentiation

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Date

2010

Authors

Kao, Tina
Menezes, Flavio

Journal Title

Journal ISSN

Volume Title

Publisher

Wiley-Blackwell

Abstract

In this paper we consider a model of duopoly with differentiated products to examine the welfare effects of a merger between two asymmetric firms. We find that, for quantity competition, the parameter range for welfare-enhancing merger widens if the products are closer substitutes. On the other hand, mergers are never welfare enhancing in this setting when firms compete in prices.

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Citation

URI

http://hdl.handle.net/1885/64514

Collections

ANU Research Publications

Source

Manchester School, The

Type

Journal article

Book Title

Entity type

Access Statement

License Rights

DOI

10.1111/j.1467-9957.2009.02145.x

Restricted until

2037-12-31

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01_Kao_Welfare-enhancing_mergers_2010.pdf (172.86 KB)

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