A Economics Bulletin
Volume 30, Issue 4
Mergers under endogenous minimum quality standard: a note
Berardino Cesi
University of Bristol
Abstract
We introduce merging strategies and endogenous MQS, borrowed from Ecchia and Lambertini (1997), in Scarpa
(1998). MQS induces the low-quality firm to exit the market and leads to a monopoly arising from the bilateral merger
of the high-quality firms
I would like to thank Alberto Iozzi, Sara Biancini, Dimitri Paolini and the anonymous referee for their helpful comments.
Citation: Berardino Cesi, (2010) ''Mergers under endogenous minimum quality standard: a note'', Economics Bulletin, Vol. 30 no.4 pp.
3260-3266.
Submitted: Sep 23 2010. Published: December 05, 2010.
More intriguing information
1. The name is absent2. The Role of Trait Emotional Intelligence (El) in the Workplace.
3. The value-added of primary schools: what is it really measuring?
4. The name is absent
5. The name is absent
6. EFFICIENCY LOSS AND TRADABLE PERMITS
7. Herman Melville and the Problem of Evil
8. NATURAL RESOURCE SUPPLY CONSTRAINTS AND REGIONAL ECONOMIC ANALYSIS: A COMPUTABLE GENERAL EQUILIBRIUM APPROACH
9. Foreign Direct Investment and Unequal Regional Economic Growth in China
10. Auctions in an outcome-based payment scheme to reward ecological services in agriculture – Conception, implementation and results