Code Creation in Endogenous Merger Experiments.
We study the conflict that can occur in a merger due to firms' use of specialized language, or “code,” and whether participants accurately forecast this difficulty. After creating a shared code to describe different pictures accurately, subjects bid for extra payments to join a merged group. The two...
| Publicado en: | Economic Inquiry Vol. 48; no. 2; pp. 337 - 353 |
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| Autores principales: | , |
| Formato: | Artículo |
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Wiley-Blackwell
April 2010
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| Acceso en línea: | Ver este registro en EBSCOhost |