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“Merger stability in a three firm game”

16-03-2005
Duarte Brito & João Gata

“Merger stability in a three firm game”

Abstract WP n.º 10:
We compare different notions of stability in three firm merger games. We discuss some of their shortcomings and introduce an alternative notion of stability which overcomes them. The paper concludes with an illustrative example (Keywords: endogenous mergers, stability, core).

Text:
WP: Section 1 – Introduction; Section 2 – Merger Stability, weak stability and strong stability; Section 3 – A Comparative Example; Section 4 – Concluding Remarks.