ISBN: 9783656356721 - Simulation of Hypothetical Mergers Within the German Automobile Market (7 results)

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Taschenbuch. Condition: Neu. Druck auf Anfrage Neuware - Printed after ordering - 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.…

Taschenbuch. Condition: Neu. 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.…

Condition: New. Print on Demand pp. 44 424:B&W 5.83 x 8.27 in or 210 x 148 mm (A5) Perfect Bound on Creme w/Matte Lam.

Condition: New. Print on Demand pp. 44.

Condition: New. PRINT ON DEMAND pp. 44.

Taschenbuch. Condition: Neu. Simulation of Hypothetical Mergers within the German Automobile Market | Daniel Föller | Taschenbuch | 44 S. | Deutsch | 2013 | GRIN Verlag | EAN 9783656356721 | Verantwortliche Person für die EU: GRIN Publishing GmbH, Waltherstr. 23, 80337 München, info[at]grin[dot]com | Anbieter: preigu Print on Demand.…