Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/48152
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dc.contributor.authorHott, Christianen_US
dc.date.accessioned2011-07-13T10:44:55Z-
dc.date.available2011-07-13T10:44:55Z-
dc.date.issued2001en_US
dc.identifier.urihttp://hdl.handle.net/10419/48152-
dc.description.abstractEmpirical evidence suggests that many mergers do not increase profits of the participating firms and decrease welfare. Due to the globalization of markets we should take an international view on mergers and their welfare effects. This paper develops a Bertrand-model of an international heterogeneous market. It shows that there are neither positive incentives to merge nor positive international welfare effects from a merger if there are no positive synergy effects. Furthermore, it shows that national welfare effects are bigger than international ones when there are many domestic firms relative to domestic demand.en_US
dc.language.isoengen_US
dc.publisher|aTechn. Univ., Fak. Wirtschaftswiss. |cDresdenen_US
dc.relation.ispartofseries|aDresden discussion paper in economics |x10/01en_US
dc.subject.jelL1en_US
dc.subject.jelL4en_US
dc.subject.jelL5en_US
dc.subject.ddc330en_US
dc.subject.stwFusionen_US
dc.subject.stwHorizontale Konzentrationen_US
dc.subject.stwDuopolen_US
dc.subject.stwMultinationales Unternehmenen_US
dc.subject.stwWohlfahrtseffekten_US
dc.subject.stwInternationalen_US
dc.subject.stwTheorieen_US
dc.titleNational vs. international welfare effects of horizontal mergersen_US
dc.typeWorking Paperen_US
dc.identifier.ppn822343487en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
dc.identifier.repecRePEc:zbw:tuddps:1001-

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