Study on Mergers of Large Scale Corporations in Steel Industry Based on the Perspective of Uncertainty of Market Demand

Bo Hong Wu; Xiao Jiang Zhuang; Xiang Ji

doi:10.4028/www.scientific.net/AMR.926-930.3974

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HomeAdvanced Materials ResearchAdvanced Materials Research Vols. 926-930Study on Mergers of Large Scale Corporations in...

Study on Mergers of Large Scale Corporations in Steel Industry Based on the Perspective of Uncertainty of Market Demand

Abstract:

This article applies Continuous Duopoly Model of HT (1990) to analyze the cost asymmetry of the upstream enterprises as well as the downstream price being subjected to market constraints two factors. After the study of two aspects on market demand deficiency and demand surplus during the mergers of large scale corporation in steel industry, authors conclude that upstream capacity constraints can play a key role in the mergers of large scale corporations in Steel Industry.

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Periodical:

Advanced Materials Research (Volumes 926-930)

Pages:

3974-3977

DOI:

https://doi.org/10.4028/www.scientific.net/AMR.926-930.3974

Citation:

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Online since:

May 2014

Authors:

Bo Hong Wu, Xiao Jiang Zhuang*, Xiang Ji

Keywords:

Market Demand, Mergers, Steel Industry, Uncertainty

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* - Corresponding Author

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