On Welfare Effects of Horizontal Mergers with Product Differentiation

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We use a non-spatial (Chamberlinian) product differentiation model to analyze the welfare effects of horizontal mergers with quantity competition. We argue that (i) mergers can be welfare enhancing if the degree of product differentiation increases after the merger; and, (ii) privately profitable me...

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Detalles Bibliográficos
Autor: Escrihuela Villar, Marc
Formato: artículo
Fecha de Publicación:2011
Institución:Universidad ESAN
Repositorio:Revistas - Universidad ESAN
Lenguaje:inglés
OAI Identifier:oai:ojs.pkp.sfu.ca:article/254
Enlace del recurso:https://revistas.esan.edu.pe/index.php/jefas/article/view/254
Nivel de acceso:acceso abierto
Materia:Horizontal mergers
product differentiation
welfare
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spelling On Welfare Effects of Horizontal Mergers with Product DifferentiationEscrihuela Villar, Marc Horizontal mergersproduct differentiationwelfareWe use a non-spatial (Chamberlinian) product differentiation model to analyze the welfare effects of horizontal mergers with quantity competition. We argue that (i) mergers can be welfare enhancing if the degree of product differentiation increases after the merger; and, (ii) privately profitable mergers can also increase welfare. Consequently, in this paper we demonstrate that the degree of product differentiation is a crucial factor to assess the welfare effects of a merger.Universidad ESAN2011-06-30info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionPeer-reviewed Articleapplication/pdfhttps://revistas.esan.edu.pe/index.php/jefas/article/view/254Journal of Economics, Finance and Administrative Science; Vol. 16 No. 30 (2011): January - June; 7-12Journal of Economics, Finance and Administrative Science; Vol. 16 Núm. 30 (2011): January - June; 7-122218-06482077-1886reponame:Revistas - Universidad ESANinstname:Universidad ESANinstacron:ESANenghttps://revistas.esan.edu.pe/index.php/jefas/article/view/254/148Copyright (c) 2021 Journal of Economics, Finance and Administrative Sciencehttps://creativecommons.org/licenses/by/4.0/info:eu-repo/semantics/openAccessoai:ojs.pkp.sfu.ca:article/2542021-09-16T01:14:34Z
dc.title.none.fl_str_mv On Welfare Effects of Horizontal Mergers with Product Differentiation
title On Welfare Effects of Horizontal Mergers with Product Differentiation
spellingShingle On Welfare Effects of Horizontal Mergers with Product Differentiation
Escrihuela Villar, Marc
Horizontal mergers
product differentiation
welfare
title_short On Welfare Effects of Horizontal Mergers with Product Differentiation
title_full On Welfare Effects of Horizontal Mergers with Product Differentiation
title_fullStr On Welfare Effects of Horizontal Mergers with Product Differentiation
title_full_unstemmed On Welfare Effects of Horizontal Mergers with Product Differentiation
title_sort On Welfare Effects of Horizontal Mergers with Product Differentiation
dc.creator.none.fl_str_mv Escrihuela Villar, Marc
author Escrihuela Villar, Marc
author_facet Escrihuela Villar, Marc
author_role author
dc.subject.none.fl_str_mv Horizontal mergers
product differentiation
welfare
topic Horizontal mergers
product differentiation
welfare
description We use a non-spatial (Chamberlinian) product differentiation model to analyze the welfare effects of horizontal mergers with quantity competition. We argue that (i) mergers can be welfare enhancing if the degree of product differentiation increases after the merger; and, (ii) privately profitable mergers can also increase welfare. Consequently, in this paper we demonstrate that the degree of product differentiation is a crucial factor to assess the welfare effects of a merger.
publishDate 2011
dc.date.none.fl_str_mv 2011-06-30
dc.type.none.fl_str_mv info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
format article
status_str publishedVersion
dc.identifier.none.fl_str_mv https://revistas.esan.edu.pe/index.php/jefas/article/view/254
url https://revistas.esan.edu.pe/index.php/jefas/article/view/254
dc.language.none.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv https://revistas.esan.edu.pe/index.php/jefas/article/view/254/148
dc.rights.none.fl_str_mv Copyright (c) 2021 Journal of Economics, Finance and Administrative Science
https://creativecommons.org/licenses/by/4.0/
info:eu-repo/semantics/openAccess
rights_invalid_str_mv Copyright (c) 2021 Journal of Economics, Finance and Administrative Science
https://creativecommons.org/licenses/by/4.0/
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.publisher.none.fl_str_mv Universidad ESAN
publisher.none.fl_str_mv Universidad ESAN
dc.source.none.fl_str_mv Journal of Economics, Finance and Administrative Science; Vol. 16 No. 30 (2011): January - June; 7-12
Journal of Economics, Finance and Administrative Science; Vol. 16 Núm. 30 (2011): January - June; 7-12
2218-0648
2077-1886
reponame:Revistas - Universidad ESAN
instname:Universidad ESAN
instacron:ESAN
instname_str Universidad ESAN
instacron_str ESAN
institution ESAN
reponame_str Revistas - Universidad ESAN
collection Revistas - Universidad ESAN
repository.name.fl_str_mv
repository.mail.fl_str_mv
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score 12.591944
On Welfare Effects of Horizontal Mergers with Product Differentiation
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