Private Value Takeover Auctions with Toeholds: An Experimental Study
This paper presents the results of an experimental study of takeover auctions with toeholds. Consistent with the theory, we find a positive effect of toeholds on bidding. Such an effect, however, is of a lower magnitude and the bidding premium function has an opposite slope than the theory predicts,...
محفوظ في:
| المؤلفون الرئيسيون: | , |
|---|---|
| التنسيق: | Artigo |
| اللغة: | Inglês |
| منشور في: |
MDPI AG
2021-05-01
|
| سلاسل: | Games |
| الموضوعات: | |
| الوصول للمادة أونلاين: | https://www.mdpi.com/2073-4336/12/2/40 |
| الوسوم: |
لا توجد وسوم, كن أول من يضع وسما على هذه التسجيلة!
|