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Merger stability in a three firm game

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Author Info

  • Duarte Brito

    ()
    (Universidade Nova de Lisboa)

  • João Gata

    ()
    (Autoridade da Concorrência and Universidade de Aveiro and UECE/ISEG-UTL)

Abstract

We compare different notions of stability in three firm merger games. We discuss some of their shortcomings and introduce an alternative notion of stability which overcomes them. The paper concludes with an illustrative example.

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File Function: First version, 2006
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Bibliographic Info

Paper provided by Portuguese Competition Authority in its series Working Papers with number 10.

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Length: 12 pages
Date of creation: Jan 2006
Date of revision:
Handle: RePEc:pca:wpaper:10

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Related research

Keywords: endogenous mergers; stability; core.;

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Cited by:
  1. Yasuhiko Nakamura, 2011. "Strategic managerial delegation and cross-border mergers," Journal of Economics, Springer, vol. 104(1), pages 49-89, September.
  2. Kohei Kamaga & Yasuhiko Nakamura, 2007. "The Core and Productivity-Improving Mergers in Mixed Oligopoly," International Journal of Business and Economics, College of Business, and College of Finance, Feng Chia University, Taichung, Taiwan, vol. 6(3), pages 181-198, December.

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