Merger analysis, industrial organization theory, and. Willig department of justice merger analysis, industrial organization theory, and merger guidelines the leadership of the antitrust division of the u. Broadly, the studies find and the theory puts forth that there is a higher consequence arising from preexisting structural characteristics, over those that are cultural. We assume that mergers that fit standard neoclassical theory are taking place all of the time. The modern synthesis can be thought of as the unified theory of. The objectives of the article are to build upon recent advances in both gametheoretic and behavioral negotiation theory, bring the disciplines closer together, and generate a foundation for. The influence of personality on negotiationa canadafrance. A reference point theory of mergers and acquisitions.
A theory of mergers and firm size we propose a theory of mergers that combines managerial merger motives with an industrylevel regime shift that may lead to valueincreasing merger opportunities. During the 1980s, while social psychologists were developing theories of gender as a. Postmerger identification, social identity theory, sense of continuity. Zeephongsekul a school of mathematics and geospatial sciences, rmit university, melbourne email. Results also support the common expectation that organizational complexity is a. For a merger wave to occur some sorts of mergers must greatly increase in frequency at particular points in time. The story to date of the psychological study of gender in negotiation starts and ends with. A metaanalysis on gender differences in negotiation outcomes. First, the stock price of the acquirer in a merger decreases on average when the merger is announced. Pdf theory and practice of mergers and acquisitions. Negotiation is the process by which two or more parties exchange goods or. As the telephone, computer, and television merge into a single, interactive. Yet research suggests that in an average 10minute business conversation,most people will lie 2. Pdf gametheoretic and behavioral negotiation theory.
Two of the most important stylized facts about mergers are the following. Jungs theory to law school courses aimed at developing negotiation theories. Acquisitions and mergers, conflict, disputing perspective, negotiated order theory. Psychological influence in negotiation harvard business school. Towards organic pluralism siobhan marina hennessydavis a thesis submitted for the degree of doctor of philosophy of the. Psychological perspectives on gender in negotiation publications. Understanding the human side of merger and acquisition.