Do Mergers Lead to Monopoly in the Long Run? Results from the Dominant Firm Model
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下载链接：
https://www.nber.org/papers/w9151
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资源简介：
Will an industry with no antitrust policy converge to monopoly, competition, or somewhere in between? We analyze this question using a dynamic dominant firm model with rational agents, endogenous mergers, and constant returns to scale production. We find that perfect competition and monopoly are
提供机构：
美国国家经济研究局
创建时间：
2002-09-01
