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
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