Del 259 i serien Contributions to Economic Analysis

Coalitions in Oligopolies

An Introduction to the Sequential Procedures

Inbunden, Engelska, 2003

2 289 kr

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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.

Produktinformation

Utgivningsdatum2003-10-08
Mått156 x 234 x 16 mm
Vikt554 g
FormatInbunden
SpråkEngelska
SerieContributions to Economic Analysis
Antal sidor268
FörlagEmerald Publishing Limited
ISBN9780444514776

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Abbreviated Contents. I Symmetric oligopoly. 1. The basic oligopoly model. 2. Cost savings due to synergies. II Uncertainty, financial decisions, and managerial incentives. 3. Market volatility and coalitions. 4. Real and financial decisions. 5. Coalitions and incentives. III Coalition theory and sequential procedures. 6. Coalitions without externalities. 7. Coalitions with externalities. 8. Who moves first? Bibliography. Index.