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Formulation and analysis of horizontal mergers among oligopolistic firms with insights into the merger paradox: a supply chain network perspective

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  • Anna Nagurney

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  • Anna Nagurney, 2010. "Formulation and analysis of horizontal mergers among oligopolistic firms with insights into the merger paradox: a supply chain network perspective," Computational Management Science, Springer, vol. 7(4), pages 377-406, October.
    • Handle: RePEc:spr:comgts:v:7:y:2010:i:4:p:377-406
    DOI: 10.1007/s10287-009-0095-6
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    References listed on IDEAS

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    1. Nagurney, Anna & Dupuis, Paul & Zhang, Ding, 1994. "A Dynamical Systems Approach for Network Oligopolies and Variational Inequalities," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 28(3), pages 263-283, September.
    2. Farrell, Joseph & Shapiro, Carl, 1990. "Horizontal Mergers: An Equilibrium Analysis," American Economic Review, American Economic Association, vol. 80(1), pages 107-126, March.
    3. Stephen W. Salant & Sheldon Switzer & Robert J. Reynolds, 1983. "Losses From Horizontal Merger: The Effects of an Exogenous Change in Industry Structure on Cournot-Nash Equilibrium," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 98(2), pages 185-199.
    4. Perry, Martin K & Porter, Robert H, 1985. "Oligopoly and the Incentive for Horizontal Merger," American Economic Review, American Economic Association, vol. 75(1), pages 219-227, March.
    5. M. Meschi, 1997. "Analytical Perspectives on Mergers and Acquisitions: A Survey," CIBS Research Papers in International Business 5-97, London South Bank University CIBS.
    6. Jean Tirole, 1988. "The Theory of Industrial Organization," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262200716, December.
    7. Nagurney, Anna & Takayama, Takashi & Zhang, Ding, 1995. "Massively parallel computation of spatial price equilibrium problems as dynamical systems," Journal of Economic Dynamics and Control, Elsevier, vol. 19(1-2), pages 3-37.
    8. Hallam, Arne, 1999. "Industrial Organization: Contemporary Theory and Practice (Instructor's Manual--Text by L. Pepall, D. J. Richards, and G. Norman)," Staff General Research Papers Archive 5310, Iowa State University, Department of Economics.
    9. Dafermos, Stella & Nagurney, Anna, 1987. "Oligopolistic and competitive behavior of spatially separated markets," Regional Science and Urban Economics, Elsevier, vol. 17(2), pages 245-254.
    10. Zhang, Ding, 2006. "A network economic model for supply chain versus supply chain competition," Omega, Elsevier, vol. 34(3), pages 283-295, June.
    11. Gerald Brown & Joseph Keegan & Brian Vigus & Kevin Wood, 2001. "The Kellogg Company Optimizes Production, Inventory, and Distribution," Interfaces, INFORMS, vol. 31(6), pages 1-15, December.
    12. Sandholm, William H. & DokumacI, Emin & Lahkar, Ratul, 2008. "The projection dynamic and the replicator dynamic," Games and Economic Behavior, Elsevier, vol. 64(2), pages 666-683, November.
    13. Soylu, Ahu & Oruc, Cihan & Turkay, Metin & Fujita, Kaoru & Asakura, Tatsuyuki, 2006. "Synergy analysis of collaborative supply chain management in energy systems using multi-period MILP," European Journal of Operational Research, Elsevier, vol. 174(1), pages 387-403, October.
    14. Nagurney, Anna & Dong, June & Zhang, Ding, 2002. "A supply chain network equilibrium model," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 38(5), pages 281-303, September.
    15. Anthony Creane & Carl Davidson, 2004. "Multidivisional firms, internal competition, and the merger paradox," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 37(4), pages 951-977, November.
    16. Sjur D. Flåm & Adi Ben-Israel, 1990. "A Continuous Approach to Oligopolistic Market Equilibrium," Operations Research, INFORMS, vol. 38(6), pages 1045-1051, December.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Anna Nagurney & Min Yu & Deniz Besik, 2017. "Supply chain network capacity competition with outsourcing: a variational equilibrium framework," Journal of Global Optimization, Springer, vol. 69(1), pages 231-254, September.
    2. Li, Dong & Nagurney, Anna & Yu, Min, 2018. "Consumer learning of product quality with time delay: Insights from spatial price equilibrium models with differentiated products," Omega, Elsevier, vol. 81(C), pages 150-168.
    3. Anna Nagurney & Tilman Wolf, 2014. "A Cournot–Nash–Bertrand game theory model of a service-oriented Internet with price and quality competition among network transport providers," Computational Management Science, Springer, vol. 11(4), pages 475-502, October.
    4. Masoumi, Amir H. & Yu, Min & Nagurney, Anna, 2017. "Mergers and acquisitions in blood banking systems: A supply chain network approach," International Journal of Production Economics, Elsevier, vol. 193(C), pages 406-421.
    5. Bigi, Giancarlo & Castellani, Marco & Pappalardo, Massimo & Passacantando, Mauro, 2013. "Existence and solution methods for equilibria," European Journal of Operational Research, Elsevier, vol. 227(1), pages 1-11.
    6. Masoumi, Amir H. & Yu, Min & Nagurney, Anna, 2012. "A supply chain generalized network oligopoly model for pharmaceuticals under brand differentiation and perishability," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 48(4), pages 762-780.
    7. Massimo Pappalardo & Giandomenico Mastroeni & Mauro Passacantando, 2016. "Merit functions: a bridge between optimization and equilibria," Annals of Operations Research, Springer, vol. 240(1), pages 271-299, May.
    8. Anna Nagurney & Dong Li, 2015. "A supply chain network game theory model with product differentiation, outsourcing of production and distribution, and quality and price competition," Annals of Operations Research, Springer, vol. 226(1), pages 479-503, March.
    9. Giancarlo Bigi & Mauro Passacantando, 2015. "Descent and Penalization Techniques for Equilibrium Problems with Nonlinear Constraints," Journal of Optimization Theory and Applications, Springer, vol. 164(3), pages 804-818, March.
    10. Dong Li & Anna Nagurney, 2017. "Supply chain performance assessment and supplier and component importance identification in a general competitive multitiered supply chain network model," Journal of Global Optimization, Springer, vol. 67(1), pages 223-250, January.

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