Monopoly Power and the Firm’s Valuation:

Recent anti-trust cases exacerbated the concerns of investors regarding the effects of a firm's monopoly power on its production choice, shareholder value, and the overall economy. We address this issue within a dynamic equilibrium model featuring a large m...

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Bibliographic Details
Main Authors: Basak, Suleyman, Pavlova, Anna
Format: Working Paper
Language:en_US
Published: 2004
Subjects:
Online Access:http://hdl.handle.net/1721.1/5421