Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/159569
Authors: 
Esfahani, Hamideh
Lambertini, Luca
Year of Publication: 
2011
Series/Report no.: 
Quaderni - Working Paper DSE 728
Abstract: 
We want to take a differential game approach with price dynamics to conduct an investigation into the consequences of horizontal merger of firms where the demand function is nonlinear. We take into consideration the open-loop equilibrium. We show that in relation to the fact that the demand is nonlinear and prices follow some stickiness an incentive for small merger exists, while it does not appear under the standard approach using a linear demand function.
JEL: 
C73
D43
G34
L13
Persistent Identifier of the first edition: 
Creative Commons License: 
https://creativecommons.org/licenses/by-nc/3.0/
Document Type: 
Working Paper

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