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Horizontal Mergers, Involuntary Unemployment, and Welfare
Standard welfare analysis of horizontal mergers usually refers to two effects: the anticompetitive market power effect reduces welfare by enabling firms to charge prices above marginal costs, whereas the procompetitive efficiency effect increases welfare by reducing the costs of production (syner...
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| Izdano u: | MAGKS - Joint Discussion Paper Series in Economics (Band 07-2009) |
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| Glavni autori: | , |
| Format: | Arbeit |
| Jezik: | engleski |
| Izdano: |
Philipps-Universität Marburg
2009
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| Teme: | |
| Online pristup: | PDF cijeli tekst |
| Oznake: |
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MAGKS - Joint Discussion Paper Series in Economics