An Aggregative Games Approach to Merger Analysis in Multiproduct-Firm Oligopoly
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https://www.nber.org/papers/w24578
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资源简介:
Using an aggregative games approach, we analyze horizontal mergers in a model of multiproduct-firm price competition with nested CES or nested logit demands. We show that the Herfindahl index provides an adequate measure of the welfare distortions introduced by market power, and that the induced
提供机构:
美国国家经济研究局
创建时间:
2018-05-01



