{"product_id":"self-harming-mergers-von-fabian-rosenkranz","title":"Self-Harming Mergers","description":"\u003cp\u003eIn this book we study different solution concepts in three-player games and their effects on social welfare. Furthermore, the outcome under cooperative behavior is compared with the outcome under non-cooperative behavior. A ``merger'' is an agreement between two or more firms of coordinating strategical actions together and sharing the received profits. By analyzing three-player situations in price and quantity competition as well as in more general strategic games, we demonstrate the occurrence of mergers with negative effects. Moreover, a maximal subset of self-harming mergers in sequential and simultaneous versions of general three-player strategic games is constructed under the restrictions that the equilibria with and without merger are unique and the potential merging players have a dominant strategy.\u003c\/p\u003e\u003cdiv class=\"aw-variant-hidden-subtitle-div\" id=\"aw-variant-subtitle-9786202218719\"\u003e\u003ch3\u003eA Game Theoretical Analysis\u003c\/h3\u003e\u003c\/div\u003e","brand":"Autorenwelt Shop","offers":[{"title":"Softcover - 9786202218719","offer_id":40151746347101,"sku":"9786202218719","price":54.9,"currency_code":"EUR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0940\/0622\/files\/4958f049-1d7c-41f5-9694-15e46a850a5f.jpg?v=1775623037","url":"https:\/\/shop.autorenwelt.de\/products\/self-harming-mergers-von-fabian-rosenkranz","provider":"Autorenwelt Shop","version":"1.0","type":"link"}