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| Yasuhiko Nakamura and Tomohiro Inoue |
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| ''Mixed Oligopoly and Productivity-Improving Mergers'' |
| ( 2007, Vol. 12 No.20 ) |
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| This paper investigates productivity improving merger activities between a public firm and a private firm in mixed oligopoly. We assume that the merged firm has two plants (formerly, firms). We show that both owners of a public firm and a private firm want to merge by coordinating their shareholding ratios in the merged firm, whenever the number of private firms is larger than a critical value, while the public firm does not want to merge without the effect of improving the productivity of the merged firm. |
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| Keywords: mixed oligopoly |
JEL: L2 - Firm Objectives, Organization, and Behavior: General
L1 - Market Structure, Firm Strategy, and Market Performance: General |
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| Manuscript Received : Sep 03 2007 | | Manuscript Accepted : Sep 11 2007 |
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