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Author:Horn, H.
Persson, L.
Title:Endogenous mergers in concentrated markets
Journal:International Journal of Industrial Organization
2001 : SEP, VOL. 19:8, p. 1213-1244
Index terms:ENDOGENOUS VARIABLES
GAME THEORY
INDUSTRIAL CONCENTRATION
MERGERS
Language:eng
Abstract:This paper proposes an approach to modeling endogenous merger formation, employing ideas on coalition formation from cooperative game theory. The model constitutes a generalization of the traditional IO criterion for whether firms have incentives to merge.
SCIMA record nr: 226500
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