Arbeitspapier

Merger and collusion in contests

Competition in some product markets takes the form of a contest. If some firms cooperate in such markets, they must decide how to allocate effort on each of their products and whether to reduce the number of their products in the competition. We show how this decision depends on the convexity properties of the contest success function, and we characterize conditions under which cooperation is profitable.

Alternative title
Kollusion und Fusion in Contests
Language
Englisch

Bibliographic citation
Series: WZB Discussion Paper ; No. FS IV 01-04

Classification
Wirtschaft
Auctions
Production, Pricing, and Market Structure; Size Distribution of Firms
Oligopoly and Other Imperfect Markets
Subject
Contests
merger
collusion
promotional competition
Kampf um Marktanteile
Kollusion
Fusion

Event
Geistige Schöpfung
(who)
Huck, Steffen
Konrad, Kai A.
Müller, Wieland
Event
Veröffentlichung
(who)
Wissenschaftszentrum Berlin für Sozialforschung (WZB)
(where)
Berlin
(when)
2001

Handle
Last update
10.03.2025, 11:44 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Huck, Steffen
  • Konrad, Kai A.
  • Müller, Wieland
  • Wissenschaftszentrum Berlin für Sozialforschung (WZB)

Time of origin

  • 2001

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