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DP3878 An Equilibrium Approach to International Merger Policy

Author(s): Luís M B Cabral
Publication Date: April 2003
Keyword(s): merger policy , repeated games
JEL(s): F00 , L40
Programme Areas: Industrial Organization
Link to this Page: www.cepr.org/pubs/dps/DP3878.asp


I treat international merger policy as a repeated veto game. I derive optimal equilibria and consider a series of comparative statistics and extensions.

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