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- W1972406724 abstract "We investigate the incentive and the welfare implications of a merger when heterogeneous oligopolists compete both in process R&D and on the product market. We examine how a merger affects the output, investment, and profits of firms, whether firms have merger incentives, and, if so, whether such mergers are desirable from the viewpoint of social welfare. We also derive equilibrium configurations and explore their welfare properties." @default.
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- W1972406724 date "2009-01-01" @default.
- W1972406724 modified "2023-10-16" @default.
- W1972406724 title "Horizontal Mergers, Firm Heterogeneity, and R&D Investments" @default.
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- W1972406724 doi "https://doi.org/10.2139/ssrn.1471041" @default.
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