Coalitions in Oligopolies
An Introduction to the Sequential Procedures
Maurray Brown editor Shin-Hwan Chiang editor
Format:Hardback
Publisher:Emerald Publishing Limited
Published:8th Oct '03
Currently unavailable, and unfortunately no date known when it will be back
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.
...Analyzes the sequential bargaining that brings about coalitions, shedding light on mergers, acquisitions, associations, alliances, takeovers, and cartels. Journal of Economic Literature, 2004
ISBN: 9780444514776
Dimensions: 234mm x 156mm x 16mm
Weight: 554g
268 pages