Mixed oligopoly,endogenous timing and mergers |
| |
Authors: | José Méndez Naya |
| |
Institution: | Universidad de A Coru?a Facultad de Ciencias Económicas y Empresariales, Coru?a, Spain. Email:jmn@udc.es |
| |
Abstract: | The present paper discusses endogenous timing in a mixed oligopoly model, comprising one public firm and two private firms, assuming both a merger between the two private firms and between one private and one public firm. The paper proves that although a merger between the two private firms does not change the timing of the game, a merger between the public firm and the private firm into a mixed firm could change the market structure from Stackelberg to Cournot competition. |
| |
Keywords: | mixed oligopoly mergers endogenous timing L00 L13 L33 |
|
|