Essays on horizontal mergers and antitrust
Abstract/Contents
- Abstract
- This thesis contributes to understanding the economics of mergers and acquisitions. It provides new empirical techniques to study these processes, based on structural, game theoretical models. In particular, it makes two main contributions. In Chapter 2, I study the issues arising when mergers take place in a two-sided market. In such markets, firms face two interrelated demand curves, which complicates the decision making process and makes standard merger models inapplicable. In Chapter 3, I provide a general framework to identify cost synergies from mergers without using cost data. The estimator is based on a dynamic model with endogenous mergers and product repositioning. Both chapters contain an abstract model that can be tailored to many markets, as well as a specific application to the merger wave in the U.S. radio industry.
Description
| Type of resource | text |
|---|---|
| Form | electronic; electronic resource; remote |
| Extent | 1 online resource. |
| Publication date | 2010 |
| Issuance | monographic |
| Language | English |
Creators/Contributors
| Associated with | Jeziorski, Przemyslaw |
|---|---|
| Associated with | Stanford University, School of Business Administration. |
| Primary advisor | Reiss, Peter C. (Peter Clemens) |
| Thesis advisor | Reiss, Peter C. (Peter Clemens) |
| Thesis advisor | Benkard, C. Lanier |
| Thesis advisor | Yurukoglu, Ali |
| Advisor | Benkard, C. Lanier |
| Advisor | Yurukoglu, Ali |
Subjects
| Genre | Theses |
|---|
Bibliographic information
| Statement of responsibility | Przemyslaw Jeziorski. |
|---|---|
| Note | Submitted to the School of Business Administration. |
| Thesis | Thesis (Ph.D.)--Stanford University, 2010. |
| Location | electronic resource |
Access conditions
- Copyright
- © 2010 by Przemyslaw Jeziorski
- License
- This work is licensed under a Creative Commons Attribution Non Commercial 3.0 Unported license (CC BY-NC).
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