Hahn, Jinyong; Ridder, Geert; Snider, Connan - In: Economics Letters 118 (2013) 1, pp. 126-129
This paper discusses policy choice under ambiguity in the context of merger simulation. We do so by incorporating the uncertainty about post-merger conduct into a simple merger simulation model. We isolate the problem of uncertainty regarding post-merger conduct by working with a simple...