The Merger Paradox and Why Aspiration Levels Let it Fail in the Laboratory
Author:
Affiliation:
1. University College London WZB & Free University of Berlin Tilburg University Royal Holloway, University of London
Publisher
Oxford University Press (OUP)
Subject
Economics and Econometrics
Link
http://academic.oup.com/ej/article-pdf/117/522/1073/26460725/ej1073.pdf
Reference56 articles.
1. ‘New evidence and perspectives on mergers’;Andrade;Journal of Economic Perspectives,2001
2. ‘Are mega‐mergers anticompetitive? Evidence from the first great merger wave’;Banerjee;RAND Journal of Economics,1998
3. ‘Naive reinforcement learning with endogenous aspirations’;Börgers;International Economic Review,2000
4. ‘A risk‐return paradox for strategic management’;Bowman;Sloan Management Review,1980
5. ‘Risk seeking by troubled firms’;Bowman;Sloan Management Review,1982
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