DP3878 An Equilibrium Approach to International Merger Policy
Author(s): | Luís M B Cabral |
Publication Date: | April 2003 |
Keyword(s): | merger policy, repeated games |
JEL(s): | F00, L40 |
Programme Areas: | Industrial Organization |
Link to this Page: | cepr.org/active/publications/discussion_papers/dp.php?dpno=3878 |
I treat international merger policy as a repeated veto game. I derive optimal equilibria and consider a series of comparative statistics and extensions.