Detail A Dynamic Model of Endogenous Horizontal Mergers   Oleh:  Gowrisankaran, Gautam Jenis: Article from Bulletin/Magazine Dalam koleksi: The Rand Journal of Economics vol. 30 no. 1 (1999), page 56-83. Topik: mergers; endogeneous horizontal; mergers Ketersediaan Perpustakaan Pusat (Semanggi) Nomor Panggil: RR10.3 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada     Lihat Detail Induk Isi artikel I develop a dynamic model of mergers, where mergers, investment, entry, and exit are endogenous variables rationally chosen by firms to maximize expected future profits. This model differs from previous analyses in that it incorporates dynamics and endogenizes the merger process. The model generates reasonable predictions : allowing for mergers has the expected effect on entry, exit, investment, and surpluses; changes in tastes and technologies affect industry equilibrium in plausible ways. The results demonstrate that this type of analysis is feasible and can potentially be used as a tool for antitrust policy analysis. Opini Anda Klik untuk menuliskan opini Anda tentang koleksi ini! Kembali

Copyright © 2006, 2007 Unika Atma Jaya, all rights reserved