Rasch, Alexander (2012). A note on mergers and relocation. J. Econ., 107 (3). S. 277 - 283. WIEN: SPRINGER WIEN. ISSN 0931-8658

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Abstract

Posada and Straume (J Econ 83:243-265, 2004) analyze a three-firm model of a circular city where two of the firms merge and may choose to relocate. They propose an equilibrium with relocation where taking part in the merger yields higher profits than staying outside, i.e., relocation may solve the so-called merger paradox. In this note, it is shown that the equilibrium candidate considered is not an equilibrium.

Item Type: Journal Article
Creators:
CreatorsEmailORCIDORCID Put Code
Rasch, AlexanderUNSPECIFIEDUNSPECIFIEDUNSPECIFIED
URN: urn:nbn:de:hbz:38-479620
DOI: 10.1007/s00712-012-0269-5
Journal or Publication Title: J. Econ.
Volume: 107
Number: 3
Page Range: S. 277 - 283
Date: 2012
Publisher: SPRINGER WIEN
Place of Publication: WIEN
ISSN: 0931-8658
Language: English
Faculty: Unspecified
Divisions: Unspecified
Subjects: no entry
Uncontrolled Keywords:
KeywordsLanguage
COMPETITIONMultiple languages
EconomicsMultiple languages
URI: http://kups.ub.uni-koeln.de/id/eprint/47962

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