| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5060474 | Economics Letters | 2012 | 4 Pages |
Abstract
⺠We analyze competition in non-linear pricing under complete information. ⺠We compare truthful and Pareto dominant equilibria. ⺠In truthful equilibria, more highly concentrated markets are always less competitive. ⺠In Pareto-dominant equilibria, the result may be reversed. ⺠Buyers may benefit from a merger even in the absence of efficiency gains.
Related Topics
Social Sciences and Humanities
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Economics and Econometrics
Authors
Gabriella Chiesa, Vincenzo Denicolò,