The First-Order Approach to Merger Analysis

By E. Glen Weyl, Dennis W. Carlton, M. Fabinger, Scott Duke Kominers, Serge Moresi, Markus Reisinger, S. Salop, D. Schmalensee, G. Werden. 2013

132 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Marketing, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/f6d0877340d8cf72892197d5a236a1a31468db76

Citations in the corpus

• Pass-Through of Emissions Costs in Electricity Markets (2014, unknown): “31See Jaffe and Weyl (2013) for a derivation and application of the first-order approach in the context of mergers. decomposition of the changes of equilibrium price as implied by a change in emissions costs in the first-order condition can be expressed as follows: ∆p = mc1(q0) −mc0(q0)︸ ︷︷ ︸…”