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Efectos de integraciones de firmas en mercados de bienes homogéneos

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  • Juan Pablo Herrera Saavedra
  • Dennis Sánchez Navarro

Abstract

Este artículo modela los posibles efectos que, ante una integración empresarial, se pueden producir sobre el precio de un mercado de un bien homogéneo. El análisis se realiza a partir de dos escenarios: a) considerando tecnologías similares entre firmas y b) asumiendo algún grado de heterogeneidad por grupos de empresas. Se encuentra que aun en presencia de operaciones en favor de la eficiencia en la oferta del producto, existen riesgos de incremento en precios. Palabras clave: oligopolio, Cournot, bienes homogéneos, comportamiento de las firmas, producción, juegos no cooperativos.******This article models the potential effects of firm mergers on the price of a market for homogenous goods. The analysis is carried out according to two scenarios: a) firms have similar levels of technology at their disposal and b) a degree of heterogeneity is assumed between groups of firms. It is found that even when mechanisms are in place to favor efficiency in product supply, there is a risk that prices will increase.

Suggested Citation

  • Juan Pablo Herrera Saavedra & Dennis Sánchez Navarro, 2016. "Efectos de integraciones de firmas en mercados de bienes homogéneos," Revista Finanzas y Politica Economica, Universidad Católica de Colombia, vol. 8(1), pages 157-164, March.
    • Handle: RePEc:col:000443:015415
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    References listed on IDEAS

    as
    1. Beckman, Steven R. & DeAngelo, Gregory & James Smith, W., 2012. "Experiments on horizontal mergers: Does size matter?," Economics Letters, Elsevier, vol. 117(3), pages 537-539.
    2. Epstein, Roy J. & Rubinfeld, Daniel, 2001. "Merger Simulation: A Simplified Approach with New Applications," Department of Economics, Working Paper Series qt1c65s24r, Department of Economics, Institute for Business and Economic Research, UC Berkeley.
    3. Roy J. Epstein & Daniel L. Rubinfeld, 2002. "Merger Simulation: A Simplified Approach with New Applications," Industrial Organization 0201002, University Library of Munich, Germany.
    4. Ding, Wei & Fan, Cuihong & Wolfstetter, Elmar G., 2013. "Horizontal mergers with synergies: Cash vs. profit-share auctions," International Journal of Industrial Organization, Elsevier, vol. 31(5), pages 382-391.
    5. Eckbo, B. Espen, 1983. "Horizontal mergers, collusion, and stockholder wealth," Journal of Financial Economics, Elsevier, vol. 11(1-4), pages 241-273, April.
    6. Epstein, Roy J. & Rubinfeld, Daniel L., 2001. "Merger Simulation: A Simplified Approach with New Applications," Department of Economics, Working Paper Series qt9jt389nb, Department of Economics, Institute for Business and Economic Research, UC Berkeley.
    7. Rubinfeld, Daniel L. & Epstein, Roy J., 2001. "Merger Simulation: A Simplified Approach with New Applications," Competition Policy Center, Working Paper Series qt2sq9s8c8, Competition Policy Center, Institute for Business and Economic Research, UC Berkeley.
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    More about this item

    Keywords

    oligopolio; Cournot; bienes homogéneos; comportamientode las firmas; producción; juegos no cooperativos.;
    All these keywords.

    JEL classification:

    • D43 - Microeconomics - - Market Structure, Pricing, and Design - - - Oligopoly and Other Forms of Market Imperfection
    • D21 - Microeconomics - - Production and Organizations - - - Firm Behavior: Theory
    • D24 - Microeconomics - - Production and Organizations - - - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity
    • C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games

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