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研究生: 林靜怡
論文名稱: 水平式合併之廠商獲利性與福利效果
指導教授: 林柏生
學位類別: 碩士
Master
系所名稱: 商學院 - 國際經營與貿易學系
Department of International Business
論文出版年: 2006
畢業學年度: 94
語文別: 中文
論文頁數: 55
中文關鍵詞: 水平式合併open-loop策略closed-loop memoryless策略feedback策略
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  • 本文採用數值模擬的方式,在價格具僵固性的無窮期動態Cournot模型中,探討水平式合併對廠商獲利能力及社會總福利的影響。可以發現不論市場價格調整速度的快慢,當廠商採取open-loop策略時,加入合併的廠商家數佔總產業比例必須達到某個水準,合併才會有利可圖。如果廠商使用feedback或closed-loop memoryless策略,則不論合併的廠商家數多寡,合併都能使廠商獲利。然而無論合併是否能為廠商帶來更多的利潤,只要市場上發生水平式合併,必然造成社會福利的損失。


    第一章 導論 3
    第二章 模型設定 7
    第一節 二次線性動態Cournot競爭模型 7
    第二節 open-loop、closed-loop memoryless及
    feedback策略與均衡之差異 9
    第三章 靜態均衡與open-loop、feedback策略均衡 13
    第一節 靜態Cournot均衡 13
    第二節 open-loop策略均衡 16
    第三節 feedback策略均衡 19
    第四章 closed-loop memoryless策略均衡 25
    第一節 合併前之closed-loop memoryless策略均衡 25
    第二節 合併後之closed-loop memoryless策略均衡 27
    第五章 水平式合併策略均衡之結果分析 32
    第一節 水平式合併之廠商獲利性 32
    第二節 水平式合併之福利效果 40
    第六章 結論與建議 45
    附錄 47
    附錄一、合併後之stationary open-loop Nash equilibrium 47
    附錄二、合併後之stationary feedback-perfect Nash equilibrium 50
    參考文獻 54

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