Fusioni orizzontali (Horizontal Mergers)
SSRN Electronic Journal
2018
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- 3Captures
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Example: if you select the 1-year option for an article published in 2019 and a metric category shows 90%, that means that the article or review is performing better than 90% of the other articles/reviews published in that journal in 2019. If you select the 3-year option for the same article published in 2019 and the metric category shows 90%, that means that the article or review is performing better than 90% of the other articles/reviews published in that journal in 2019, 2018 and 2017.
Citation Benchmarking is provided by Scopus and SciVal and is different from the metrics context provided by PlumX Metrics.
Example: if you select the 1-year option for an article published in 2019 and a metric category shows 90%, that means that the article or review is performing better than 90% of the other articles/reviews published in that journal in 2019. If you select the 3-year option for the same article published in 2019 and the metric category shows 90%, that means that the article or review is performing better than 90% of the other articles/reviews published in that journal in 2019, 2018 and 2017.
Citation Benchmarking is provided by Scopus and SciVal and is different from the metrics context provided by PlumX Metrics.
Article Description
Italian Abstract: Comnciando dal classico paradosso di Cournot viene mostrato quanto siano errate le ipotesi per giustificare una fusione. Viene poi calcolato il risultato di una fusione che lasci nel breve periodo costante la quota di mercato dell'impresa che non partecipa alla fusione e vengono tratte le conclusioni più realistiche di breve e lungo periodo. Viene poi esposto il modello di Sonnenshein (1968) che mostra il caso di incremento di benessere sociale, qualora la fusione avvenga fra imprese che producano beni complementari. English Abstract: I start from the classical Cournot paradox showing how wrong the underlining assumptions are in order to justify a merger. I then compute the results for an actual merger keeping the non-merging firm market share as given and derive short and long run more realistic conclusions. The improving welfare results due to a merge between complementary goods (Sonnenshein (1968)) are also shown.
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