Analysis on Vertical Merger with Game Theory
Incentive theories of vertical merger are expatiated. Based on transaction cost theory, a two staged game model about vertical merger is made. Game equilibriums of before and after vertical merger are analyzed. Comparison of the two equilibrium leads to a conclusion that vertical merger would heighten interest under certain condition.
Vertical Merger Game Theory Equilibrium
Liu Weihua Zhou Yong
Business School,Tianjin Polytechnic University, Tianjin,P.R.China, 300387
国际会议
郑州
英文
2008-09-20(万方平台首次上网日期,不代表论文的发表时间)