eprintid: 19986
rev_number: 33
eprint_status: archive
userid: 1482
importid: 105
dir: disk0/00/01/99/86
datestamp: 2016-03-15 10:42:51
lastmod: 2021-06-28 14:33:11
status_changed: 2021-06-28 14:33:11
type: monograph
metadata_visibility: no_search
creators_name: Ivaldi, Marc
creators_name: Lagos, Vicente
creators_idrefppn: 058494375
creators_idrefppn: 201018500
creators_halaffid: 1002422
title: Assessment of Post-merger Coordinated Effects: Characterization by Simulations
ispublished: pub
subjects: subjects_ECO
abstract: This paper aims to evaluate the coordinated effects of horizontal mergers by simulating its impact on firms’ 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, but weaken the incentives of non-merging parties. In addition, while the magnitude of this impact is moderate for the latter, it can be substantial for merging parties. Finally, general policy lessons regarding the assessment of the magnitude of these effects can be drawn from the results.
date: 2016-03
date_type: published
publisher: TSE Working Paper
official_url: http://tse-fr.eu/pub/30295
faculty: tse
divisions: tse
keywords: Assessment
keywords: Collusion
keywords: Coordinated effects
keywords: Critical Discount Factor
keywords: Merger Simulation
language: en
has_fulltext: TRUE
view_date_year: 2016
full_text_status: public
monograph_type: working_paper
series: TSE Working Paper
volume: 16-631
place_of_pub: Toulouse
pages: 43
institution: Université Toulouse 1 Capitole
department: Toulouse School of Economics
book_title: TSE Working Paper
oai_identifier: oai:tse-fr.eu:30295
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oai_lastmod: 2021-06-24T12:43:05Z
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citation:   Ivaldi, Marc <https://www.idref.fr/058494375> and Lagos, Vicente <https://www.idref.fr/201018500>  (2016) Assessment of Post-merger Coordinated Effects: Characterization by Simulations.  TSE Working Paper, n. 16-631, Toulouse     
document_url: https://publications.ut-capitole.fr/id/eprint/19986/1/wp_631.pdf