ex-post regret an unavoidable phenomenon in merger negotiations. To this end, we consider ex-post incentive compatible …We consider a setting in which two potential merger partners each possess private information pertaining both to the … mechanisms, which use both players' reports to determine whether or not a merger will take place and what each player will earn …

employment of merger simulation models in merger control procedures during the past almost 15 years. Merger simulation is … of state-of-the-art merger simulation models and review their previous employment in merger cases as well as the problems … and limitations currently associated with their use in merger control. In summary, merger simulation models represent an …

merger and acquisition strategies have been very important factors in their growth. Market dominance by big platforms has led … to competition concerns that are difficult to assess with current merger policy tools. In this paper, we examine the … discuss the main merger and acquisition theories of harm that can restrict market competition and reduce consumer welfare. To …

This paper uses an endogenous merger formation approach in a concentrated international oligopoly to examine the … effects of trade liberalization on the nature of merger incentives (national vs. international). The effects of unilateral … liberalization has been accompanied by an increase in international merger activity. Among equilibrium market structures …

This paper investigates the merger wave hypothesis for the US and the UK employing a Markov regime switching model …. Using quarterly data covering the last thirty years, for the US, we identify the beginning of a merger wave in the mid 1990s … but not the much-discussed 1980s merger wave. We argue that the latter finding can be ascribed to the refined methods of …

We examine merger activity and its effect on asset pricing in a firm network economy. Mergers create internal capital …. The possibility of a merger increases the equity value of standalone firms. Higher network dep endence generally increases … merger activity but nevertheless causes lower firm equity values. Recession and expansion, as measured by the average debt …