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Information aggregation, strategic behavior, and efficiency

Vives, Xavier - 1998

Persistent link: https://www.econbiz.de/10000986055

Information aggregation, strategic behaviour and efficiency in Cournot markets

Vives, Xavier - 1998

Persistent link: https://www.econbiz.de/10013422663

Mergers between regulated firms with unknown efficiency gains

Fiocco, Raffaele; Guo, Gongyu - 2014

merger between regulated firms when cost synergies are uncertain before the merger and their realization becomes private … information of the merged firm. The optimal merger policy trades off potential cost savings against regulatory distortions from … market induces a more lenient merger policy. The regulated firms' diversification into a competitive segment of the market …

Persistent link: https://www.econbiz.de/10010358241

Uncertainty and horizontal mergers

Hamada, Kojun - In: Journal of institutional and theoretical economics : JITE 168 (2012) 2, pp. 252-265

Persistent link: https://www.econbiz.de/10009567957

Mergers between regulated firms with unknown efficiency gains

Fiocco, Raffaele; Guo, Dongyu - In: Review of economic design : RED 19 (2015) 4, pp. 299-326

Persistent link: https://www.econbiz.de/10011409157

The price impact of CDS trading

Gündüz, Yalın; Nasev, Julia; Gehde-Trapp, Monika - 2013

In this paper we show that informational and real frictions in CDS markets strongly affect CDS premia. We derive this main finding using a proprietary set of individual CDS transactions cleared by the Depository Trust & Clearing Corporation. We first show that CDS traders adjust the CDS premium...