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I analyze a dynamic model of concurrent bargaining in which multiple long-lived prospective buyers compete to trade with a long-lived seller over two periods. The paper investigates how offer confidentiality and buyer participation affect bargaining dynamics within this framework. When buyers’...
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This paper provides novel insights about competition among bidders during the whole takeover process, its effect on … higher pre-announcement competition among bidders is. I measure competition during the private sales process with a ratio … deal as well as the decision of the subsequent selling procedure (auction vs. one-to-one negotiation). The advantages of …
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