Category
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Article
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Author
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Miyagiwa, Kaz: Yunyun (Jiangyun) Wan
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Article Title
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Innovation and the Merger Paradox
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Institution
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Economics Letters
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Volume
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Volume 147
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Number
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October 2016
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Page
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pp. 5-7
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Date
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2016/10/01
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Abstract
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The merger paradox in Cournot oligopoly is revisited in the presence of R&D investment. Two cases are presented in which firms merge profitably without satisfying the 80-percent threshold requirement of Salant et al. (1983).
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Notes
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ISSN 0165-1765,
Keywords: Merger paradox; R&D; Innovation; Cournot oligopoly
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URL
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http://www.sciencedirect.com/science/article/pii/S0165176516303019
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Label
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経済学
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Register date
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2016/08/17
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