Ben Mermelstein
Biographic Data
| ID | 5869059 |
|---|---|
| NAME | Ben Mermelstein |
| GIVEN NAMES | Ben |
| FAMILY NAME | Mermelstein |
| SIGNATURE | BEN MERMELSTEIN |
| VERIFIED | No |
| TOTAL WORKS | 1 |
| TOTAL CITATIONS | 1 |
| WORKS AS AUTHOR | 1 |
| WORKS AS EDITOR | 0 |
| FIRST PUBLICATION YEAR | 2019 |
| LATEST PUBLICATION YEAR | 2019 |
| H-INDEX | 1 |
Internal versus External Growth in Industries with Scale Economies
We study merger policy in a dynamic computational model in which firms can reduce costs through investment or through mergers. Firms invest or propose mergers according to the profitability of these strategies. An antitrust authority can block mergers at some cost. We examine the optimal policy for an antitrust authority that cannot commit to its future policy and approves mergers as they are proposed. We find that the optimal policy can differ s…
Internal versus External Growth in Industries with Scale Economies
We study merger policy in a dynamic computational model in which firms can reduce costs through investment or through mergers. Firms invest or propose mergers according to the profitability of these strategies. An antitrust authority can block mergers at some cost. We examine the optimal policy for an antitrust authority that cannot commit to its future policy and approves mergers as they are proposed. We find that the optimal policy can differ s…
Internal versus External Growth in Industries with Scale Economies
We study merger policy in a dynamic computational model in which firms can reduce costs through investment or through mergers. Firms invest or propose mergers according to the profitability of these strategies. An antitrust authority can block mergers at some cost. We examine the optimal policy for an antitrust authority that cannot commit to its future policy and approves mergers as they are proposed. We find that the optimal policy can differ s…
Business (1 work) · Commit (1 work) · Corporate Finance and Governance (1 work) · Economics (1 work) · Economies of scale (1 work) · Finance (1 work) · Finance (1 work) · Firm Innovation and Growth (1 work) · Incentive (1 work) · Industrial organization (1 work)