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  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Coalitions in Oligopolies: An Introduction to the Sequential Procedures

Coalitions in Oligopolies: An Introduction to the Sequential Procedures

Brown, Maurray
Chiang, Shin-Hwan

Hardcover

Series: Contributions to Economic Analysis, Book 259

Business GeneralEconomics

ISBN10: 0444514775
ISBN13: 9780444514776
Publisher: Emerald Pub Ltd
Published: Oct 8 2003
Pages: 268
Weight: 1.22
Height: 0.63 Width: 6.14 Depth: 9.21
Language: English
This book examines sequential coalition formation in oligopolies. Coalitions refer to mergers and acquisitions, cartels, and associations. The principal aim is the prediction and explanation of the coalition structure - whether an industry will emerge as a monopoly, say, or as a collection of sub-coalitions. In environments where decisions to form coalitions are made sequentially, the prediction and explanation of the equilibrium coalition structure can differ dramatically from the textbook simultaneous-move model. This difference derives from the knowledge effect, which is unique to the sequential-move models.

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