?url_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Adc&rft.relation=https%3A%2F%2Fpublications.ut-capitole.fr%2Fid%2Feprint%2F19986%2F&rft.title=Assessment+of+Post-merger+Coordinated+Effects%3A+Characterization+by+Simulations&rft.creator=Ivaldi%2C+Marc&rft.creator=Lagos%2C+Vicente&rft.subject=B-+ECONOMIE+ET+FINANCE&rft.description=This+paper+aims+to+evaluate+the+coordinated+effects+of+horizontal+mergers+by+simulating+its+impact+on+firms%E2%80%99+critical+discount+factors.+The+simulation+setting+considers+a+model+with+a+random+coefficient+discrete+choice+demand+and+heterogeneous+price-setting+firms+on+the+supply+side.+The+results+suggest+that+mergers+strengthen+the+incentives+to+collude+among+merging+parties%2C+but+weaken+the+incentives+of+non-merging+parties.+In+addition%2C+while+the+magnitude+of+this+impact+is+moderate+for+the+latter%2C+it+can+be+substantial+for+merging+parties.+Finally%2C+general+policy+lessons+regarding+the+assessment+of+the+magnitude+of+these+effects+can+be+drawn+from+the+results.&rft.publisher=TSE+Working+Paper&rft.date=2016-03&rft.type=Monograph&rft.type=NonPeerReviewed&rft.format=text&rft.language=en&rft.identifier=https%3A%2F%2Fpublications.ut-capitole.fr%2Fid%2Feprint%2F19986%2F1%2Fwp_631.pdf&rft.identifier=++Ivaldi%2C+Marc+%3Chttps%3A%2F%2Fwww.idref.fr%2F058494375%3E+and+Lagos%2C+Vicente+%3Chttps%3A%2F%2Fwww.idref.fr%2F201018500%3E++(2016)+Assessment+of+Post-merger+Coordinated+Effects%3A+Characterization+by+Simulations.++TSE+Working+Paper%2C+n.+16-631%2C+Toulouse+++++&rft.relation=http%3A%2F%2Ftse-fr.eu%2Fpub%2F30295&rft.language=en