Abstract
We show that synergies enhance bidding competition to such an extent that they are a curse rather than a blessing for the bidders.
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https://doi.org/10.1016/j.econlet.2010.08.030
Journal: Economics Letters | Publication Date: Sep 23, 2010 |
Citations: 17 | License type: other-oa |
We show that synergies enhance bidding competition to such an extent that they are a curse rather than a blessing for the bidders.
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