期刊
INTERNATIONAL JOURNAL OF ECONOMIC THEORY
卷 7, 期 3, 页码 283-291出版社
WILEY-BLACKWELL
DOI: 10.1111/j.1742-7363.2011.00164.x
关键词
mixed oligopoly; mergers; endogenous timing
类别
The present paper discusses endogenous timing in a mixed oligopoly model, comprising one public firm and two private firms, assuming both a merger between the two private firms and between one private and one public firm. The paper proves that although a merger between the two private firms does not change the timing of the game, a merger between the public firm and the private firm into a mixed firm could change the market structure from Stackelberg to Cournot competition.
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