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Self-Harming Mergers
Fabian Rosenkranz
(Author)
·
AV Akademikerverlag
· Paperback
Self-Harming Mergers - Rosenkranz, Fabian
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Origin: U.S.A.
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Synopsis "Self-Harming Mergers"
In this book we study different solution concepts in three-player games and their effects on social welfare. Furthermore, the outcome under cooperative behavior is compared with the outcome under non-cooperative behavior. A merger'' is an agreement between two or more firms of coordinating strategical actions together and sharing the received profits. By analyzing three-player situations in price and quantity competition as well as in more general strategic games, we demonstrate the occurrence of mergers with negative effects. Moreover, a maximal subset of self-harming mergers in sequential and simultaneous versions of general three-player strategic games is constructed under the restrictions that the equilibria with and without merger are unique and the potential merging players have a dominant strategy.
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All books in our catalog are Original.
The book is written in English.
The binding of this edition is Paperback.
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