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- W2164205242 abstract "This paper presents the results of an experimental study on jump bidding in takeover auctions with entry costs. It provides support for signaling hypothesis behind jump bidding and analyzes how the size of the entry costs affects the bidders' behavior and their expected profits. It also shows that jump bidding allows the reallocation of the surplus from the seller to the first bidder but has little effect on the social surplus and the profits of the second bidder. Copyright © 2013 John Wiley & Sons, Ltd." @default.
- W2164205242 created "2016-06-24" @default.
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- W2164205242 date "2013-04-15" @default.
- W2164205242 modified "2023-09-24" @default.
- W2164205242 title "Preemptive Bidding in Takeover Auctions: An Experimental Study" @default.
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- W2164205242 doi "https://doi.org/10.1002/mde.2609" @default.
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