Efficiency-enhancing horizontal mergers in spatial competition
作者： Ralph M. Braid
DOI: 10.1111/PIRS.12228
关键词:
摘要: This paper shows that a horizontal merger between two stores (or firms) are relatively close can enhance efficiency in model of spatial competition product differentiation), if the spacing them their products) is small compared to other market. The basic assumes consumers with completely inelastic demand spread along an infinite line has infinitely many firms), but cases different assumptions also considered.
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