Nonlinear Takeover Bids with Heterogeneous Time Preference

碩士 === 南華大學 === 經濟學研究所 === 93 ===   While most takeover models assume homogeneous stockholders, we analyze a nonlinear model with heterogeneous stockholders. According to heterogeneous time preference, the raider can make optimal nonlinear tariffs to minimize cost. We find that raider''s o...

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Bibliographic Details
Main Authors: Sheng-wei Huang, 黃勝偉
Other Authors: To-han Chang
Format: Others
Language:zh-TW
Published: 2005
Online Access:http://ndltd.ncl.edu.tw/handle/67557065965569654011