Browsing by Author "Konrad, Kai A."
2000-01-31BuchDivisionalization in Contests Huck, Steffen; Konrad, Kai A.; Müller, WielandTo be represented by more than one contestant in a contest has advantages and disadvantages. This paper determines the conditions under which it is favorable to send several agents into the contest
2000-01-13BuchMerger in Contests Huck, Steffen; Konrad, Kai A.; Müller, WielandCompetition in some markets is a contest. This paper studies the merger incentives in such markets. Merger can be profitable. The profitability depends on the post-merger contest structure, the discriminatory power of the ...
2000-04-25BuchProfitable horizontal mergers Huck, Steffen; Konrad, Kai A.; Müller, WielandWe propose a model in which mergers exert a more pronounced effect on the structure of a market than simply reducing the number of competitors. We show that this may render horizontal mergers profitable and welfare–improving ...