This book examines sequential coalition formation in oligopolies.
Coalitions refer to mergers and acquisitions, cartels, and
associations. The principal aim is the prediction and explanation
of the coalition structure - whether an industry will emerge as a
monopoly, say, or as a collection of sub-coalitions.
In environments where decisions to form coalitions are made
sequentially, the prediction and explanation of the equilibrium
coalition structure can differ dramatically from the textbook
simultaneous-move model. This difference derives from the knowledge
effect, which is unique to the sequential-move models.
General
| Imprint: |
Elsevier Science Ltd
|
| Country of origin: |
United Kingdom |
| Series: |
Contributions to Economic Analysis |
| Release date: |
October 2003 |
| First published: |
2003 |
| Editors: |
Maurray Brown
• Shin-Hwan Chiang
|
| Dimensions: |
234 x 156 x 16mm (L x W x T) |
| Format: |
Hardcover
|
| Pages: |
268 |
| Edition: |
New |
| ISBN-13: |
978-0-444-51477-6 |
| Categories: |
Books >
Business & Economics >
General
Promotions
|
| LSN: |
0-444-51477-5 |
| Barcode: |
9780444514776 |
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