Competition with identity driven entry
A Principal Multi-Agent Model on the Success of Mergers and Acquisitions
- 149 pages
- 6 hours of reading
Sebastian Burchhardt develops a game theory model that analyzes the possible behavioral patterns of employees during M& A processes and the impact of such patterns on the success of the transaction itself. The result is the development of a principal-multi-agent model that allows for endogenous contest entry driven by identity. In addition, the model proposes guidance for practical M& A management.
