In hunt for size: merger formation in the oil industry

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dc.contributor Universität <Tübingen> / Wirtschaftswissenschaftliches Seminar de_DE Neubecker, Leslie de_DE Stadler, Manfred de_DE 2005-08-10 de_DE 2014-03-18T10:02:11Z 2005-08-10 de_DE 2014-03-18T10:02:11Z 2003 de_DE
dc.identifier.other 119478897 de_DE
dc.identifier.uri de_DE
dc.description.abstract This paper analyzes the recent mergers in the oil industry. Oil is assumed to be a homogeneous good which is produced by a small number of firms with different unit costs. Merger formation is endogenously explained as a result of cooperative decisions. We show that the mergers are amongst very asymmetric firms if initial size differences are moderate. If size differences are large, however, the more efficient firms participate in the mergers, while the least efficient firms are not attractive partners and, therefore, remain independent in the post-merger market. en
dc.language.iso en de_DE
dc.publisher Universität Tübingen de_DE
dc.rights ubt-podno de_DE
dc.rights.uri de_DE
dc.rights.uri en
dc.subject.classification Erdölindustrie , Fusion , Mineralölindustrie de_DE
dc.subject.ddc 330 de_DE
dc.subject.other Asymmetric horizontal mergers , Coalition formation , Oil industry en
dc.title In hunt for size: merger formation in the oil industry en
dc.type WorkingPaper de_DE
utue.publikation.fachbereich Wirtschaftswissenschaften de_DE
utue.publikation.fakultaet 6 Wirtschafts- und Sozialwissenschaftliche Fakultät de_DE
dcterms.DCMIType Text de_DE
utue.publikation.typ workingPaper de_DE 1873 de_DE
utue.opus.portal wiwidisk de_DE
utue.opus.portalzaehlung 258.00000 de_DE
utue.publikation.source Tübinger Diskussionsbeiträge der Wirtschaftswissenschaftlichen Fakultät ; 258 de_DE
utue.publikation.reihenname Tübinger Diskussionsbeitrag de_DE
utue.publikation.zsausgabe 258
utue.publikation.erstkatid 2136475-8


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