Mergers In Durable Goods Markets With Rational Customers
- Topics:
- Mergers
- Tags:
- Durable Goods,
- Finance,
- IBM Corp.,
- Investment,
- Merger,
- Mergers & Acquisitions,
- Social Science Electronic Publishing Inc.
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Overview: Researches indicate that mergers in durable goods industries are less harmful to consumer welfare in the first few years following the merger than the mergers in non-durable goods industries. The understanding is based on models that do not consider rational behavior on part of the customers. The mergers have significant price effects in the first few years if customer’s expectations are given priority. The paper throws light on the process of mergers in durable goods market with rational customers.
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Format: HTML | Size: 256KB | Date: Sep 2001 | Pages: 32





