Horizontal Mergers between Multisided Platforms: Insights from Cournot Competition
Horizontal Mergers between Multisided Platforms: Insights from Cournot Competition
复制标题
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:
影响因子:
--
通讯作者:
Joana Pinho
中科院分区:
文献类型:
--
作者:
João Correia;B. Jullien;Yassine Lefouili;Joana Pinho
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.
影响因子:
8.2
作者:
Volker Nocke;M. Whinston
通讯作者:
Volker Nocke;M. Whinston