DP3878 An Equilibrium Approach to International Merger Policy
|Author(s):||Luís M B Cabral|
|Publication Date:||April 2003|
|Keyword(s):||merger policy, repeated games|
|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.