Unilateral versus Coordinated Effects: Comparing the Impact on Consumer Welfare of Alternative Merger Outcomes
Author
Abstract
Suggested Citation
Download full text from publisher
References listed on IDEAS
- Green, Edward J & Porter, Robert H, 1984.
"Noncooperative Collusion under Imperfect Price Information,"
Econometrica, Econometric Society, vol. 52(1), pages 87-100, January.
- Green, Edward J. & Porter, Robert H., 1982. "Noncooperative Collusion Under Imperfect Price Information," Working Papers 367, California Institute of Technology, Division of the Humanities and Social Sciences.
- Edward J Green & Robert H Porter, 1997. "Noncooperative Collusion Under Imperfect Price Information," Levine's Working Paper Archive 1147, David K. Levine.
- Aviv Nevo, 2000. "Mergers with Differentiated Products: The Case of the Ready-to-Eat Cereal Industry," RAND Journal of Economics, The RAND Corporation, vol. 31(3), pages 395-421, Autumn.
- Joseph E. Harrington, Jr, 2006. "How Do Cartels Operate?," Economics Working Paper Archive 531, The Johns Hopkins University,Department of Economics.
- Stephen Davies & Matthew Olczak, 2008. "Assessing the Efficacy of Structural Merger Remedies: Choosing Between Theories of Harm?," Working Paper series, University of East Anglia, Centre for Competition Policy (CCP) 2008-28, Centre for Competition Policy, University of East Anglia, Norwich, UK..
- MiguelA. Fonseca & Hans-Theo Normann, 2008.
"Mergers, Asymmetries and Collusion: Experimental Evidence,"
Economic Journal, Royal Economic Society, vol. 118(527), pages 387-400, March.
- Miguel A. Fonseca & Hans‐Theo Normann, 2008. "Mergers, Asymmetries and Collusion: Experimental Evidence," Economic Journal, Royal Economic Society, vol. 118(527), pages 387-400, March.
- Partha Dasgupta & Eric Maskin, 1986. "The Existence of Equilibrium in Discontinuous Economic Games, I: Theory," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 53(1), pages 1-26.
- Partha Dasgupta & Eric Maskin, 1986. "The Existence of Equilibrium in Discontinuous Economic Games, II: Applications," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 53(1), pages 27-41.
- Gal-Or, Esther, 1984. "Price Dispersion with Uncertain Demand," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 25(2), pages 441-457, June.
- Jean Tirole, 1988. "The Theory of Industrial Organization," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262200716, April.
- Werden, Gregory J & Froeb, Luke M, 1994. "The Effects of Mergers in Differentiated Products Industries: Logit Demand and Merger Policy," The Journal of Law, Economics, and Organization, Oxford University Press, vol. 10(2), pages 407-426, October.
- Hviid, Morten, 1991. "Capacity constrained duopolies, uncertain demand and non-existence of pure strategy equilibria," European Journal of Political Economy, Elsevier, vol. 7(2), pages 183-190, July.
- Compte, Olivier & Jenny, Frederic & Rey, Patrick, 2002. "Capacity constraints, mergers and collusion," European Economic Review, Elsevier, vol. 46(1), pages 1-29, January.
- Harrington, Joseph E., 2006. "How Do Cartels Operate?," Foundations and Trends(R) in Microeconomics, now publishers, vol. 2(1), pages 1-105, August.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Luke Garrod & Matthew Olczak, 2017.
"Collusion Under Imperfect Monitoring with Asymmetric Firms,"
Journal of Industrial Economics, Wiley Blackwell, vol. 65(3), pages 654-682, September.
- Luke, Garrod & Matthew, Olczak, 2016. "Collusion under Imperfect Monitoring with Asymmetric Firms," MPRA Paper 70647, University Library of Munich, Germany.
- Kaplow, Louis & Shapiro, Carl, 2007.
"Antitrust,"
Handbook of Law and Economics, in: A. Mitchell Polinsky & Steven Shavell (ed.), Handbook of Law and Economics, edition 1, volume 2, chapter 15, pages 1073-1225,
Elsevier.
- Louis Kaplow & Carl Shapiro, 2007. "Antitrust," NBER Working Papers 12867, National Bureau of Economic Research, Inc.
- Kaplow, Louis & Shapiro, Carl, 2007. "Antitrust," Competition Policy Center, Working Paper Series qt9pt7p9bm, Competition Policy Center, Institute for Business and Economic Research, UC Berkeley.
- Garrod, Luke & Olczak, Matthew, 2018. "Explicit vs tacit collusion: The effects of firm numbers and asymmetries," International Journal of Industrial Organization, Elsevier, vol. 56(C), pages 1-25.
- Luke Garrod & Matthew Olczak, 2016.
"Collusion, Firm Numbers and Asymmetries Revisited,"
Working Paper series, University of East Anglia, Centre for Competition Policy (CCP)
2016-11, Centre for Competition Policy, University of East Anglia, Norwich, UK..
- Garrod, Luke & Olczak, Matthew, 2016. "Collusion, Firm Numbers and Asymmetries Revisited," MPRA Paper 74352, University Library of Munich, Germany.
- Luke Garrod & Matthew Olczak, 2014. "Collusion under Private Monitoring with Asymmetric Capacity Constraints," Working Paper series, University of East Anglia, Centre for Competition Policy (CCP) 2014-04, Centre for Competition Policy, University of East Anglia, Norwich, UK..
- van den Berg, Anita & Bos, Iwan, 2017.
"Collusion in a price-quantity oligopoly,"
International Journal of Industrial Organization, Elsevier, vol. 50(C), pages 159-185.
- van den Berg, A.H.J. & Bos, A.M., 2011. "Collusion in a price-quantity oligopoly," Research Memorandum 039, Maastricht University, Maastricht Research School of Economics of Technology and Organization (METEOR).
- Pedro Mendi & Róbert F. Veszteg, 2009. "Sustainability of collusion: evidence from the late 19th century basque iron and steel industry," Investigaciones Economicas, Fundación SEPI, vol. 33(3), pages 385-405, September.
- Hellwig, Michael & Hüschelrath, Kai, 2018.
"When Do Firms Leave Cartels? Determinants And The Impact On Cartel Survival,"
International Review of Law and Economics, Elsevier, vol. 54(C), pages 68-84.
- Hellwig, Michael & Hüschelrath, Kai, 2017. "When do firms leave cartels? Determinants and the impact on cartel survival," ZEW Discussion Papers 17-002, ZEW - Leibniz Centre for European Economic Research.
- Knittel, Christopher R. & Lepore, Jason J., 2010.
"Tacit collusion in the presence of cyclical demand and endogenous capacity levels,"
International Journal of Industrial Organization, Elsevier, vol. 28(2), pages 131-144, March.
- Christopher R. Knittel & Jason J. Lepore, 2006. "Tacit Collusion in the Presence of Cyclical Demand and Endogenous Capacity Levels," NBER Working Papers 12635, National Bureau of Economic Research, Inc.
- Christopher Knittel & Jason Lepore, 2006. "Tacit Collusion in the Presence of Cyclical Demand and Endogenous Capacity Levels," Working Papers 98, University of California, Davis, Department of Economics.
- Jean J. Gabszewicz & Jacques-François Thisse, 2000. "Microeconomic theories of imperfect competition," Cahiers d'Économie Politique, Programme National Persée, vol. 37(1), pages 47-99.
- Iossa, Elisabetta & Loertscher, Simon & Marx, Leslie & Rey, Patrick, 2020.
"Collusive Market Allocations,"
TSE Working Papers
20-1084, Toulouse School of Economics (TSE).
- Iossa, Elisabetta & Loertscher, Simon & Marx, Leslie & Rey, Patrick, 2020. "Collusive Market Allocations," CEPR Discussion Papers 14563, C.E.P.R. Discussion Papers.
- Belleflamme,Paul & Peitz,Martin, 2015.
"Industrial Organization,"
Cambridge Books,
Cambridge University Press, number 9781107687899, September.
- Belleflamme,Paul & Peitz,Martin, 2015. "Industrial Organization," Cambridge Books, Cambridge University Press, number 9781107069978, October.
- Davies, Stephen & Olczak, Matthew & Coles, Heather, 2011. "Tacit collusion, firm asymmetries and numbers: Evidence from EC merger cases," International Journal of Industrial Organization, Elsevier, vol. 29(2), pages 221-231, March.
- Martin, Simon & Rasch, Alexander, 2024. "Demand forecasting, signal precision, and collusion with hidden actions," International Journal of Industrial Organization, Elsevier, vol. 92(C).
- Heymann, D. & Kawamura, E. & Perazzo, R. & Zimmermann, M.G., 2014.
"Behavioral heuristics and market patterns in a Bertrand–Edgeworth game,"
Journal of Economic Behavior & Organization, Elsevier, vol. 105(C), pages 124-139.
- Daniel Heymann & Enrique Kawamura & Roberto Perazzo & Martin Zimmermann, 2011. "Behavioral Heuristics and Market Patterns in a Bertrand-Edgeworth Game," Working Papers 108, Universidad de San Andres, Departamento de Economia, revised Mar 2011.
- Bos, Iwan & Marini, Marco A., 2019.
"Cartel stability under quality differentiation,"
Economics Letters, Elsevier, vol. 174(C), pages 70-73.
- Bos, Iwan & Marini, Marco A., 2018. "Cartel Stability under Quality Differentiation," MPRA Paper 88335, University Library of Munich, Germany.
- Iwan Bos & Marco Marini, 2018. "Cartel Stability under Quality Differentiation," Papers 1812.10293, arXiv.org.
- Jacobs, Martin & Requate, Till, 2016. "Bertrand-Edgeworth markets with increasing marginal costs and voluntary trading: Experimental evidence," Economics Working Papers 2016-01, Christian-Albrechts-University of Kiel, Department of Economics.
- Marie-Laure Cabon-Dhersin & Nicolas Drouhin, 2020.
"A general model of price competition with soft capacity constraints,"
Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 70(1), pages 95-120, July.
- Cabon-Dhersin Marie-Laure & Drouhin Nicolas, 2017. "A general model of price competition with soft capacity constraints," Working Papers 2017-56, Center for Research in Economics and Statistics.
- Marie-Laure Cabon-Dhersin & Nicolas Drouhin, 2019. "A general model of price competition with soft capacity constraints," Post-Print halshs-01622930, HAL.
- Nikolaus Fink & Philipp Schmidt-Dengler & Konrad Stahl & Christine Zulehner, 2017.
"Registered cartels in Austria: an overview,"
European Journal of Law and Economics, Springer, vol. 44(3), pages 385-422, December.
- Fink, Nikolaus & Schmidt-Dengler, Philipp & Stahl, Konrad & Zulehner, Christine, 2015. "Registered cartels in Austria: An overview," ZEW Discussion Papers 14-058, ZEW - Leibniz Centre for European Economic Research.
- Nikolaus Fink & Philipp Schmidt-Dengler & Konrad Stahl & Christine Zulehner, 2015. "Registered Cartels in Austria. An Overview," WIFO Working Papers 501, WIFO.
- Attila Tasnádi, 2016.
"Endogenous timing of moves in Bertrand–Edgeworth triopolies,"
International Journal of Economic Theory, The International Society for Economic Theory, vol. 12(4), pages 317-334, December.
- Tasnádi, Attila, 2012. "Endogenous Timing of Moves in Bertrand-Edgeworth Triopolies," MPRA Paper 47610, University Library of Munich, Germany.
More about this item
Keywords
Tacit collusion; collective dominance; coordinated effects; unilateral effects; merger policy.;All these keywords.
JEL classification:
- L13 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Oligopoly and Other Imperfect Markets
- L41 - Industrial Organization - - Antitrust Issues and Policies - - - Monopolization; Horizontal Anticompetitive Practices
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:uea:ueaccp:2010_03. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Juliette Hardmad (email available below). General contact details of provider: https://edirc.repec.org/data/esueauk.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.