• Title of article

    Equilibrium selection in a merger game

  • Issue Information
    روزنامه با شماره پیاپی سال 2001
  • Pages
    7
  • From page
    255
  • To page
    261
  • Abstract
    A merger game is modeled as a non-cooperative simultaneous moves, exclusive membership game of coalition formation. In the three-player case in the equilibrium selected by refinements the merger is such that the participants prefer it to other mergers involving them.
  • Keywords
    Mergers , Coordination problem , equilibrium selection
  • Journal title
    Economics Letters
  • Serial Year
    2001
  • Journal title
    Economics Letters
  • Record number

    434825