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Bargain for Exit
DC Field | Value | Language |
---|---|---|
dc.contributor.author | Jun, ByoungHeon | - |
dc.contributor.author | Yoon, ChangHo | - |
dc.date.accessioned | 2009-01-16T05:05:23Z | - |
dc.date.available | 2009-01-16T05:05:23Z | - |
dc.date.issued | 1993-04 | - |
dc.identifier.citation | Seoul Journal of Economics, Vol.6 No.2, pp. 115-126 | - |
dc.identifier.issn | 1225-0279 | - |
dc.identifier.uri | https://hdl.handle.net/10371/1015 | - |
dc.description.abstract | We examine an alternate move bargaining model of an exit process in a declining industry. We show that when firms negotiate with each other, the less profitable firm will be merged to be closed down. We find that the size of the firm will affect the division of the surplus created by the merger through cost effects. The smaller firm extracts more surplus than its value under continued operation because it has cost advantage. | - |
dc.language.iso | en | - |
dc.publisher | Institute of Economic Research, Seoul National University | - |
dc.subject | exit process | - |
dc.subject | SPE | - |
dc.subject | efficient exit | - |
dc.title | Bargain for Exit | - |
dc.type | SNU Journal | - |
dc.contributor.AlternativeAuthor | 전병헌 | - |
dc.contributor.AlternativeAuthor | 윤창호 | - |
dc.citation.journaltitle | Seoul Journal of Economics | - |
dc.citation.endpage | 126 | - |
dc.citation.number | 2 | - |
dc.citation.pages | 115-126 | - |
dc.citation.startpage | 115 | - |
dc.citation.volume | 6 | - |
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