We examine the dynamics of post-merger organizational integration. Our basic question is whether there is evidence of … of pre-merger operations decreases turnover. This finding is inconsistent with the view that workers of the two firms … substitute for each other, creating efficiencies from merger. However, that result and our other findings are consistent with the …

.9%, as hypothesized by monopsony theory. Based on a simple merger simulation, we find that a merger between the top two …

The merger of populations expands the comparison space of incomes. As a result, measures of the income-based social …

We analyze an oligopolistic market where a domestic and a foreign firm are engaged in a takeover battle for a domestic … competitor. Any merger or acquisition (M&A) must be approved by a welfare maximizing domestic competition agency which may or may … of government. With an unbiased competition agency we find that the foreign takeover is more likely to occur the higher …