This paper reviews some puzzling economic aspects of globalization and argues that they
cannot be satisfactorily addressed in perfectly or monopolistically competitive models …

A two-country model of oligopoly in general equilibrium is used to show how changes in
market structure accompany the process of trade and capital-market liberalization. The …

This article analyzes a Fuel Automobile (FA) supply chain and an electric-and-fuel
automobile supply chain in a duopoly setting, under a government's subsidy incentive …

We study horizontal mergers in the upstream sectors of vertically related industries when
bargaining is present and contract types are endogenous. We demonstrate that the contract …

The 1990s was a decade of increased economic integration. The decade also witnessed a
sharp increase in cross-border mergers and acquisitions. From a theoretical perspective, the …

The corporate sector in India has witnessed a substantial growth of mergers and
acquisitions since the 1990s. Through the first wave of M&As (1990-95), the Indian corporate …

This article investigates the effects of changes in market concentration on the equilibrium
prices in a supply chain. Results are derived from a theoretical model of bilateral bargaining …

In a two‐country reciprocal dumping model, with one country unionised, we analyse how
wage setting and firm location are influenced by trade liberalisation. We show that trade …

Information asymmetry creates incentives for firms from different countries to merge. To
demonstrate this point, we develop a model of international oligopolistic competition under …

We analyze how the presence of trade unions affects the pattern of mergers in an
international oligopoly and the welfare implications thereof. We find that wages for the …