Zaby, Alexandra; Güth, Werner; Pull, Kerstin; Stadler, … - Verein für Socialpolitik - VfS - 2014
Based on the acquiring-a-company game of Samuelson and Bazerman (1985), we theoretically and experimentally analyze the acquisition of a firm. Thereby we compare cases of symmetrically and asymmetrically informed buyers and sellers. This setting allows us to predict and test the effects of...