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THE ECONOMIC EFFECTS OF THE MARATHON‐ASHLAND JOINT VENTURE: THE IMPORTANCE OF INDUSTRY SUPPLY SHOCKS AND VERTICAL MARKET STRUCTURE*
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THE ECONOMIC EFFECTS OF THE MARATHON‐ASHLAND JOINT VENTURE: THE IMPORTANCE OF INDUSTRY SUPPLY SHOCKS AND VERTICAL MARKET STRUCTURE* (2007)THE ECONOMIC EFFECTS OF THE MARATHON‐ASHL…MARKET POWER, VERTICAL INTEGRATION AND THE WHOLESALE PRICE OF GASOLINE* (2005)MARKET POWER, VERTICAL INTEGR…Vertical Relationships and Competition in Retail Gasoline Markets: Empirical Evidence from Contract Changes in Southern California (2004)Vertical Relationships and Co…Vertical Relationships and Competition in Retail Gasoline Markets: An Empirical Evidence from Contract Changes in Southern California (2004)Vertical Relationships and Co…Are Mergers Beneficial to Consumers? Evidence from the Market for Bank Deposits (2003)Are Mergers Beneficial to Con…Spatial Price Competition: A Semiparametric Approach (2002)Spatial Price Competition: A …The Competitive Effects of Not‐for‐Profit Hospital Mergers: A Case Study (2001)The Competitive Effects of No…EVIDENCE ON MERGERS AND ACQUISITIONS (2001)EVIDENCE ON MERGERS AND ACQUI…Regulatory Restrictions on Vertical Integration and Control: The Competitive Impact of Gasoline Divorcement Policies (2000)Regulatory Restrictions on Ve…Dynamic Pricing in Retail Gasoline Markets (1996)Dynamic Pricing in Retail Gas…MERGERS AND MARKET POWER -- EVIDENCE FROM THE AIRLINE INDUSTRY. (1993)MERGERS AND MARKET POWER -- E…Dynamic Pricing in Retail Gasoline Markets (1993)Dynamic Pricing in Retail Gas…Vancouver's Gasoline-Price Wars: An Empirical Exercise in Uncovering Supergame Strategies (1992)Vancouver's Gasoline-Price Wa…The Price and Profit Effects of Horizontal Merger: A Case Study (1984)The Price and Profit Effects …Retail Mergers and Food Prices: Evidence from France (2017)Retail Mergers and Food Price…The market for corporate control (1983)Synergistic gains from corporate acquisitions and their division between the stockholders of target and acquiring firms (1988)Takeovers: Their Causes and Consequences (1988)Do Substantial Horizontal Mergers Generate Significant Price Effects? Evidence From The Banking Industry (1998)Wealth creation versus wealth redistributions in pure stock-for-stock mergers1We are grateful to Tom Arnold, Sanjai Bhagat, James Bicksler, David Blackwell, Ekkehart Boehmer, Ted Bos, Robert Brokaw, Bill Carleton, Bob Comment, Chris Cornwell, Mary Dehner, Bob Eisenbeis, Jimmy Hilliard, Randy Howard, Steve Jones, Ed Kane, Josef Lakonishok, Larry Lang, Bill Lewellen, Marc Lipson, Paul Malatesta, Jeff Netter, Cathy Niden, Volker Pollmann, Annette Poulsen, Jay Ritter, Richard Ruback, Louis Scott, Joe Sinkey, Bill Schwert (the editor), Ralph Walkling (the referee), Ron Warren, J. Fred Weston, Karen Wruck, and seminar participants at the University of Arizona, the University of Delaware, the University of Illinois, the University of Georgia, the University of Miami, Seattle University, the 1995 European Finance Association, the 1996 Financial Management Association, and the 1996 American Finance Association meetings for their helpful comments and recommendations. We also gratefully acknowledge the financial support provided for this project by the University of Georgia Research Foundation. Finally, Steve Henry, Rick McKinney, David Quillian, and Ryan Vaughn provided vital assistance with data collection and assisted with data input.1 (1998)Acquisition vs. internal development as modes of market entry (2009)Noncooperative Collusion under Imperfect Price Information (1984)A Supergame-Theoretic Model of Price Wars during Booms (1986)A Theory of Dynamic Oligopoly, II: Price Competition, Kinked Demand Curves, and Edgeworth Cycles (1988)EDGEWORTH PRICE CYCLES: EVIDENCE FROM THE TORONTO RETAIL GASOLINE MARKET* (2007)Retail gasoline pricing: What do we know? (2008)Learning to Coordinate: A Study in Retail Gasoline (2019)A New Approach to Consumer Theory (1966)MONOPOLISTIC COMPETITION AND OPTIMUM PRODUCT DIVERSITY (1975)Spatial Econometrics: Methods and Models (1988)Chapter 58 Agglomeration and economic geography (2004)HAC estimation in a spatial framework (2006)Testing for serial correlation, spatial autocorrelation and random effects using panel data (2006)Panel data and unobservable individual effects (1981)Panel Data and Unobservable Individual Effects (1981)Do Gasoline Prices Respond Asymmetrically to Crude Oil Price Changes? (1997)The Effect of Mergers on Consumer Prices: Evidence from Five Mergers on the Enforcement Margin (2010)Does China's carbon emissions trading scheme affect the market power of high-carbon enterprises? (2022)The Competitiveness of Markets with Switching Costs (1987)Oil price volatility and the asymmetric response of gasoline prices to oil price increases and decreases (2005)Breaking Up Is Hard to Do: Determinants of Cartel Duration (2011)Horizontal mergers, collusion, and stockholder wealth (1983)Chapter 17 Empirical studies of industries with market power (1989)Event Studies in Economics and Finance (1997)Balancing Margin and Mission (2003)Challenges in Managing Nonprofit Organizations: A Research Overview (2004)Insiders and Outsiders: The Choice between Informed and Arm's-Length Debt (1992)Why Do Companies Go Public? An Empirical Analysis (1998)New Evidence and Perspectives on Mergers (2001)The Effects of Regulatory Reform on Competition in the Banking Industry (2003)Do Mergers Improve Information? Evidence from the Loan Market (2009)Mergers and Acquisitions of Financial Institutions: A Review of the Post-2000 Literature (2009)A study of cartel stability: the Joint Executive Committee, 1880–1886 (1989)Rockets and feathers: the asymmetric speed of adjustment of UK retail gasoline prices to cost changes (1991)Vertical Relationships and Competition in Retail Gasoline Markets: Empirical Evidence from Contract Changes in Southern California: Reply (2010)Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers (1986)The Hubris Hypothesis of Corporate Takeovers (1986)Does Antitrust Policy Improve Consumer Welfare? Assessing the Evidence (2003)Antitrust Evaluation of Horizontal Mergers: An Economic Alternative to Market Definition (2010)Rockets and feathers: Understanding asymmetric pricing (2009)Spatial Differentiation and Vertical Mergers in Retail Markets for Gasoline (2012)
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References

  • 1993MERGERS AND MARKET POWER -- EVIDENCE FROM THE AIRLINE INDUSTRY.630 cited
  • 2003Are Mergers Beneficial to Consumers? Evidence from the Market for Bank Deposits492 cited
  • 2002Spatial Price Competition: A Semiparametric Approach448 cited
  • 2004Vertical Relationships and Competition in Retail Gasoline Markets: Empirical Evidence from Contract Changes in Southern California290 cited
  • 1993Dynamic Pricing in Retail Gasoline Markets256 cited
  • 1996Dynamic Pricing in Retail Gasoline Markets220 cited
  • 2005MARKET POWER, VERTICAL INTEGRATION AND THE WHOLESALE PRICE OF GASOLINE*214 cited
  • 1992Vancouver's Gasoline-Price Wars: An Empirical Exercise in Uncovering Supergame Strategies184 cited
  • 2001EVIDENCE ON MERGERS AND ACQUISITIONS149 cited
  • 2001The Competitive Effects of Not‐for‐Profit Hospital Mergers: A Case Study149 cited
  • 2004Vertical Relationships and Competition in Retail Gasoline Markets: An Empirical Evidence from Contract Changes in Southern California121 cited
  • 1984The Price and Profit Effects of Horizontal Merger: A Case Study109 cited
  • 2000Regulatory Restrictions on Vertical Integration and Control: The Competitive Impact of Gasoline Divorcement Policies99 cited

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  • 2017Retail Mergers and Food Prices: Evidence from France

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63 cited