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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.
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Competition with identity driven entry, Sebastian Burchhardt
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- Année de publication
- 2015
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