Add to ORKGWe present an agent-based model of endogenous merger formation in a market with turnover of market participants. We describe the dynamics of the model and identify the conditions under which market competition is sufficiently disrupted to prompt extended periods during which mergers are desirable. We also demonstrate how merger waves can be triggered by industry shocks and firm overconfidence
This paper presents a dynamic model of takeovers based on the stock market valuations of merging fir...
This paper proposes an explanation ofmergerwaves based on the interaction between competitive pressu...
This study reexamines whether the occurrence of merger waves can be explained by the neoclassical hy...
We present an agent-based model of endogenous merger formation in a market with turnover of market p...
We develop a model of endogenous mergers to study their dynamic process. Firms choose whether, when,...
We develop a model of endogenous mergers to study their dynamic process. Firms choose whether, when,...
This paper is motivated by a gap in the existing literature on mergers since no attempt has been suc...
Although merger waves are one of the most important market structures shaping forces, they have been...
We develop a model of endogenous mergers to study their dynamic process. Firms choose whether, when,...
In this paper we use a two-stage game to model endogenous mergers. In the second stage of the game, ...
In this paper we use a two-stage game to model endogenous mergers. In the second stage of the game, ...
This paper analyzes endogenous merger formation in oligopolistic markets where firms have different ...
We study mergers in a duopoly with differentiated products and noisy observations of firms’ actions....
We present a model of mergers and acquisitions based on stock market misvaluations of the combining ...
This paper develops a continuous time real options model to study the interaction between industry s...
This paper presents a dynamic model of takeovers based on the stock market valuations of merging fir...
This paper proposes an explanation ofmergerwaves based on the interaction between competitive pressu...
This study reexamines whether the occurrence of merger waves can be explained by the neoclassical hy...
We present an agent-based model of endogenous merger formation in a market with turnover of market p...
We develop a model of endogenous mergers to study their dynamic process. Firms choose whether, when,...
We develop a model of endogenous mergers to study their dynamic process. Firms choose whether, when,...
This paper is motivated by a gap in the existing literature on mergers since no attempt has been suc...
Although merger waves are one of the most important market structures shaping forces, they have been...
We develop a model of endogenous mergers to study their dynamic process. Firms choose whether, when,...
In this paper we use a two-stage game to model endogenous mergers. In the second stage of the game, ...
In this paper we use a two-stage game to model endogenous mergers. In the second stage of the game, ...
This paper analyzes endogenous merger formation in oligopolistic markets where firms have different ...
We study mergers in a duopoly with differentiated products and noisy observations of firms’ actions....
We present a model of mergers and acquisitions based on stock market misvaluations of the combining ...
This paper develops a continuous time real options model to study the interaction between industry s...
This paper presents a dynamic model of takeovers based on the stock market valuations of merging fir...
This paper proposes an explanation ofmergerwaves based on the interaction between competitive pressu...
This study reexamines whether the occurrence of merger waves can be explained by the neoclassical hy...