Title: The Game Research on Horizontal Merger in Upstream and Downstream Firms
Abstract: The horizontal merger in the upstream and downstream firms in an industry is discussed in this paper. The analysis will show that when the upstream and downstream enterprises countermeasure with the horizontal merger as unique game variables,the subgame perfect Nash equilibrium is the upstream and downstream enterprises merger respectively. Furthermore,the paper focuses on the conflict of interests among the enterprises,the government and the consumers in the merger.
Publication Year: 2000
Publication Date: 2000-01-01
Language: en
Type: article
Access and Citation
AI Researcher Chatbot
Get quick answers to your questions about the article from our AI researcher chatbot