Simulation of Hypothetical Mergers within the German Automobile Market
Language: German
Published by GRIN Verlag Jan 2013, 2013
- Softcover
- New
Seller: BuchWeltWeit Ludwig Meier e.K., Bergisch Gladbach, GermanyBuchWeltWeit Ludwig Meier e.K.
AbeBooks seller since January 11, 2012
Condition: New
£ 15.66
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Add to basketItem description from seller
This item is printed on demand - it takes 3-4 days longer - Neuware -Masterarbeit aus dem Jahr 2012 im Fachbereich VWL - Industrieökonomik, einseitig bedruckt, Note: 1,0, University of Warwick, Sprache: Deutsch, Abstract: In this paper we use standard merger simulation techniques to compare the effects of three hypothetical mergers within the German automobile market. The simulation is conducted in three steps. Firstly, by applying a two-level Nested Logit model we estimate the demand for and then present stylised facts on the purchasing behaviour of German consumers. Secondly, conduct is modelled as Bertrand-type to simulate the pricing behaviour of manufacturers. In the third step, we adjust the market structure according to the respective merger cases and reestimate supply and demand to simulate price effects. Our results suggest that welfare changes are only significant if German producers are involved. Furthermore, we find extensive differences across the market segments. Whilst mergers have virtually no consequences for the pricing of subcompact vehicles, we predict a considerably large effect within other car segments, such as luxury cars. 44 pp. Deutsch.…
Seller Inventory # 9783656356721
- Title
- Simulation of Hypothetical Mergers within the German Automobile Market
- Author
- Daniel Föller
- Publisher
- GRIN Verlag Jan 2013
- Publication year
- 2013
- Condition
- Neu
- Binding
- Taschenbuch
- Language
- German
- ISBN 10
- 3656356726
- ISBN 13
- 9783656356721
- Item weight
- 79 grams
- Dimensions
- 210x148x4 mm
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BuchWeltWeit Ludwig Meier e.K.
Bergisch Gladbach, Germany
AbeBooks seller since January 11, 2012
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