• Title of article

    Jump bidding in takeover auctions

  • Author/Authors

    Anna Dodonova، نويسنده , , Yuri Khoroshilov، نويسنده ,

  • Issue Information
    روزنامه با شماره پیاپی سال 2006
  • Pages
    3
  • From page
    339
  • To page
    341
  • Abstract
    This paper shows that the targetʹs ability to reject the highest offer makes bidders unwilling to reveal their private signals. In particular, such ability precludes bidders from using jump bidding to signal their high values to deter competition. This paper appeals for an alternative explanation of the existence of jump bidding in takeover auctions.
  • Keywords
    Takeover , auction
  • Journal title
    Economics Letters
  • Serial Year
    2006
  • Journal title
    Economics Letters
  • Record number

    436016

    • Link To Document
    https://search.isc.ac/dl/search/defaultta.aspx?DTC=10&DC=436016