Coalitions in Oligopolies: An Introduction to the Sequential Procedures

Author:   Maurray Brown ,  Shin-Hwan Chiang
Publisher:   Emerald Publishing Limited
Volume:   259
ISBN:  

9780444514776


Pages:   268
Publication Date:   08 October 2003
Format:   Hardback
Availability:   In Print   Availability explained
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Coalitions in Oligopolies: An Introduction to the Sequential Procedures


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Overview

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.

Full Product Details

Author:   Maurray Brown ,  Shin-Hwan Chiang
Publisher:   Emerald Publishing Limited
Imprint:   Elsevier Science Ltd
Volume:   259
Dimensions:   Width: 15.60cm , Height: 1.60cm , Length: 23.40cm
Weight:   0.554kg
ISBN:  

9780444514776


ISBN 10:   0444514775
Pages:   268
Publication Date:   08 October 2003
Audience:   Professional and scholarly ,  Professional & Vocational
Format:   Hardback
Publisher's Status:   Active
Availability:   In Print   Availability explained
This item will be ordered in for you from one of our suppliers. Upon receipt, we will promptly dispatch it out to you. For in store availability, please contact us.

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...Analyzes the sequential bargaining that brings about coalitions, shedding light on mergers, acquisitions, associations, alliances, takeovers, and cartels. Journal of Economic Literature, 2004


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