Mergers in Symmetric and Asymmetric Noncooperative Auction Markets PDF Download
Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download Mergers in Symmetric and Asymmetric Noncooperative Auction Markets PDF full book. Access full book title Mergers in Symmetric and Asymmetric Noncooperative Auction Markets by Serdar Dalkir. Download full books in PDF and EPUB format.
Author: Serdar Dalkir
Publisher:
ISBN:
Category :
Languages : en
Pages : 43
Get Book Here
Book Description
United States antitrust merger analysis has recently focused on simulating the unilateral effects of mergers. We develop a model to simulate the unilateral price increase from a merger in an auction market. We illustrate our results in the context of hospital mergers in the U.S., and calibrate our simulations to known market parameters.We compare the price increases in our model to those suggested by analytically simpler models. The simulation results suggest that the unilateral price increases predicted by our model are modest in general. We also simulate the merger cost savings that are needed to offset the price effects.
Author: Serdar Dalkir
Publisher:
ISBN:
Category :
Languages : en
Pages : 43
Get Book Here
Book Description
United States antitrust merger analysis has recently focused on simulating the unilateral effects of mergers. We develop a model to simulate the unilateral price increase from a merger in an auction market. We illustrate our results in the context of hospital mergers in the U.S., and calibrate our simulations to known market parameters.We compare the price increases in our model to those suggested by analytically simpler models. The simulation results suggest that the unilateral price increases predicted by our model are modest in general. We also simulate the merger cost savings that are needed to offset the price effects.
Author:
Publisher: DIANE Publishing
ISBN: 1428958495
Category :
Languages : en
Pages : 30
Get Book Here
Book Description
Author: Keith Waehrer
Publisher:
ISBN:
Category : Auctions
Languages : en
Pages : 42
Get Book Here
Book Description
Author: Robert S. Schlossberg
Publisher: American Bar Association
ISBN: 9781604420463
Category : Business & Economics
Languages : en
Pages : 1228
Get Book Here
Book Description
Author:
Publisher:
ISBN:
Category : Energy policy
Languages : en
Pages : 1136
Get Book Here
Book Description
Author: Jonathan Parker
Publisher: Bloomsbury Publishing
ISBN: 1509904913
Category : Law
Languages : en
Pages : 902
Get Book Here
Book Description
This book is a fully up-to-date, comprehensive guide to the law, economics and practice of UK merger control law. This guide presents an integrated legal and economic assessment of the substantive appraisal of mergers and examines in detail the following topics: the history of the Enterprise Act and its development from the Fair Trading Act; the various regulatory bodies that form the institutional structure of the UK merger control regime; enterprises subject to merger control regulation and the jurisdictional thresholds of the Enterprise Act; the relationship of the Enterprise Act with the European Merger Regulation; public interest mergers and the role of the Secretary of State; and merger remedies. All recent legislative developments including the merger of the OFT and the Competition Commission and the Enterprise and Regulatory Reform Act 2013, as well as all relevant case since the first edition of the magisterial text are explored.
Author: Peter A. G. van Bergeijk
Publisher: Edward Elgar Publishing
ISBN: 9781781958933
Category : Business & Economics
Languages : en
Pages : 240
Get Book Here
Book Description
Modelling European Mergers presents a comprehensive and fresh perspective on the economic analysis of mergers by leading academics and competition policymakers from Europe and the US. The book frankly discusses the pro's and con's of using applied game theory models in merger control from a historical and theoretical perspective. Seven case studies on the actual use of advanced techniques and models in legal procedures provide a perspective from the national competition authorities in Belgium, Denmark, Italy. The Netherlands and Sweden on markets that range from basic goods such as bread and aperitifs to complex products such as electricity, literature and software. The case studies provide many insights into practical issues such as data collection, procedures and errors of predication, as well as in the relative merits of different econometric approaches. A recurring theme of the book is how economic insights insights can be translated into convincing legal decisions.
Author: Roger D. Blair
Publisher: Oxford University Press
ISBN: 0199859205
Category : Business & Economics
Languages : en
Pages : 633
Get Book Here
Book Description
More than any other area of regulation, antitrust economics shapes law and policy in the United States, the Americas, Europe, and Asia. In a number of different areas of antitrust, advances in theory and empirical work have caused a fundamental reevaluation and shift of some of the assumptions behind antitrust policy. This reevaluation has profound implications for the future of the field. The Oxford Handbook of International Antitrust Economics has collected chapters from many of the leading figures in antitrust. In doing so, this two volume Handbook provides an important reference guide for scholars, teachers, and practitioners. However, it is more than a merely reference guide. Rather, it has a number of different goals. First, it takes stock of the current state of scholarship across a number of different antitrust topics. In doing so, it relies primarily upon the economics scholarship. In some situations, though, there is also coverage of legal scholarship, case law developments, and legal policies. The second goal of the Handbook is to provide some ideas about future directions of antitrust scholarship and policy. Antitrust economics has evolved over the last 60 years. It has both shaped policy and been shaped by policy. The Oxford Handbook of International Antitrust Economics will serve as a policy and research guide of next steps to consider when shaping the future of the field of antitrust.
Author:
Publisher:
ISBN:
Category : Electronic journals
Languages : en
Pages : 1414
Get Book Here
Book Description
Author: Mattias Ganslandt
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
Get Book Here
Book Description
Recent empirical evidence shows that cartels are often asymmetric, while cartel theory suggests that firm symmetry is conducive to collusion. Including an indivisible cost of cartelization, we show that medium asymmetric market structures are more conducive to collusion, since they balance the small firms' incentives to stay in the cartel against the need to cover the cartel leaders' indivisible cartelization cost. Using an endogenous merger model, we also show that forbidding mergers leading to symmetric market structures can induce mergers leading to asymmetric market structures with a higher risk of collusion. Current antisymmetry merger policy can thus be counterproductive.
