Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/67109
Authors: 
Budzinski, Oliver
Year of Publication: 
2012
Series/Report no.: 
Ilmenau Economics Discussion Paper, Ilmenau University of Technology, Institute of Economics 75
Abstract: 
This paper provides a comparative analysis of methods for the empirical ex post evaluation of merger control decisions. It develops a competition-policy oriented framework of assessment criteria for the leading evaluation methods and applies them to structural modeling and simulation, differences-in-differences methods, event studies as well as survey-based methods. It concludes that a method-mix is recommendable, however, under the exclusion of event studies that fail to safeguard a minimum level of reliability of their results. Furthermore, the paper warns against overly optimistic expectations about the effects of systematic impact evaluations of merger decisions.
Subjects: 
empirical methods of industrial organization
merger control
competition
policy
antitrust decisions
comparative analysis
JEL: 
C18
C54
L41
L40
K21
Document Type: 
Working Paper

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