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Title :Profitable Mergers in Cournot and Stackelberg Markets: 80 Percent Share Rule Revisited
Authors :Hamada, Kojun
Takarada, Yasuhiro
Publisher :新潟大学経済学部
Issue Date :Feb-2007
Journal Title :新潟大学経済学年報
Volume :31
Start Page :153
End Page :160
ISSN :0385-7697
Description :In this paper, we examine the share rule for profitable mergers in the standard Cournot and Stackelberg models. We show that mergers are unprofitable unless they involve at least 80% of the firms with the same output choice timing in the industry.
Keywords :Cournot competition
Stackelberg competition
80% share rule
Type Local :紀要論文
Language :eng
URI :http://hdl.handle.net/10191/5134
fullTextURL :http://dspace.lib.niigata-u.ac.jp/dspace/bitstream/10191/5134/1/3_0007.pdf
Appears in Collections:01 新潟大学経済学年報 = Annual report of economics, Niigata University

Please use this identifier to cite or link to this item: http://hdl.handle.net/10191/5134