Horizontal Mergers between Multisided Platforms: Insights from Cournot Competition

Horizontal Mergers between Multisided Platforms: Insights from Cournot Competition
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多边平台之间的横向合并:古诺竞争的见解

DOI:
10.1111/jems.12309
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发表时间:
2019
期刊:
ERN: Other Microeconomics: Welfare Economics & Collective Decision-Making (Topic)
影响因子:
--
通讯作者:
Joana Pinho
Joana Pinho
中科院分区:
--
文献类型:
--
作者:
João Correia;B. Jullien;Yassine Lefouili;Joana Pinho

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本文讨论了多边平台之间的横向合并的文献,并认为古诺模型可以提供有益的见解,这种合并的福利效应。为了说明这些见解,我们开发了一个简单的模型,其中双边平台提供同质服务并进行古诺竞争,并得出“平均边际成本保持”合并对市场两侧消费者的影响。最后,我们讨论了几个研究途径,可以探索更好地了解多边平台之间的横向合并的影响。
This paper discusses the literature on horizontal mergers between multisided platforms and argues that the Cournot model can provide useful insights into the welfare effects of such mergers. To illustrate those insights, we develop a simple model in which two‐sided platforms offer a homogeneous service and compete a la Cournot, and derive the effects of “average‐marginal‐cost‐preserving” mergers on consumers on both sides of the market. We conclude with a discussion of several research avenues that could be explored to understand better the impact of horizontal mergers between multisided platforms.
DOI: 10.1086/658161
发表时间: 2008-12
影响因子: 8.2
作者:
Volker Nocke;M. Whinston
通讯作者: Volker Nocke;M. Whinston