LEADER 05874nam 22006975 450 001 9910298488603321 005 20200919020003.0 010 $a3-658-10146-6 024 7 $a10.1007/978-3-658-10146-6 035 $a(CKB)3710000000416734 035 $a(EBL)2095692 035 $a(SSID)ssj0001500707 035 $a(PQKBManifestationID)11852500 035 $a(PQKBTitleCode)TC0001500707 035 $a(PQKBWorkID)11519475 035 $a(PQKB)11137696 035 $a(DE-He213)978-3-658-10146-6 035 $a(MiAaPQ)EBC2095692 035 $a(PPN)18602794X 035 $a(EXLCZ)993710000000416734 100 $a20150528d2015 u| 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 10$aCompetition with Identity Driven Entry$b[electronic resource] $eA Principal Multi-Agent Model on the Success of Mergers and Acquisitions /$fby Sebastian Burchhardt 205 $a1st ed. 2015. 210 1$aWiesbaden :$cSpringer Fachmedien Wiesbaden :$cImprint: Springer Gabler,$d2015. 215 $a1 online resource (161 p.) 225 1 $aManagement, Organisation und ökonomische Analyse,$x2627-308X 300 $aDescription based upon print version of record. 311 $a3-658-10145-8 320 $aIncludes bibliographical references. 327 $aForeword; Acknowledgements; Table of Contents; List of Abbreviations; Table of Figures; 1 Introduction; 1.1 Purpose; 1.2 Structure of the Thesis; 2 Identity and Competition in an Organizational Context; 2.1 Social Identity Approach; 2.1.1 Historical Context; 2.1.2 Social Identity Theory; 2.1.3 Self-Categorization Theory; 2.1.4 Organizational Change; 2.2 The Social Identity Approach in Corporate Mergers & Acquisitions; 2.2.1 Introduction to M&A; 2.2.2 The Concept of M&A; 2.2.3 Motivation for M&A ; 2.2.4 Realization of M&A Transactions; 2.2.5 Performance Factors of M&A Projects 327 $a2.2.6 Social Identity Approach and M&A performance2.3 Motivation and Competition; 2.3.1 "Division of Labor" and "Exchange" as Basic Organizational Principles; 2.3.2 Motivation as Part of the Organizational Problem; 2.3.3 Incentive Systems ; 2.3.4 The Motivational Aspect of Competition; 2.3.5 Competition as a Behavioral Prescription; 3 The Model; 3.1 Review of Existing Game Theory Literature and Identification of the Research Gap; 3.1.1 Economic Contest Literature and Group Size; 3.1.2 The Symmetric Winner-Take-All Contest; 3.1.3 Identity in Economics; 3.1.4 Research Gap 327 $a3.2 Identity-Driven Contest with Endogenous Entry3.2.1 Introduction to the Basic Model ; 3.2.2 Specifications of the Basic Model; 3.2.3 Game Structure of the Basic Model; 3.2.4 Equilibrium Analysis; 3.2.5 Implications of the Basic Model; 3.3 Identity-Driven Group Contest with Endogenous Entry; 3.3.1 Introduction to the Extended Model; 3.3.2 Specifications of the Extended Model; 3.3.3 Game Structure of the Extended Model; 3.3.4 Equilibrium Analysis; 3.3.5 Implications of the Extended Model for M&A; 4 Conclusion on the Model; 4.1 Capabilities of the Model; 4.2 Prospects for Future Research 327 $aA. AppendixA1 Optimal Effort Levels of Competing Agents and Proof of Proposition 1; A2 Optimal Choice of Activities and Proof of Proposition 2; A3 Optimal Choice of Social Category and Proof of Proposition 3; A4 Optimal Contest Structure and Proof of Proposition 4; A5 Optimal Effort Levels of Competing Agents and Proof of Proposition 5; A6 Optimal Choice of Activities and Proof of Propositions 6 and 7; A7 Optimal Choice of Social Category and Proof of Proposition 8; A8 Proof of Proposition 9; B. Model variables; B1 Basic Model; B2 Extended Model; Bibliography 330 $aSebastian Burchhardt develops a game theory model that analyzes the possible behavioral patterns of employees during M&A processes and the impact of such patterns on the success of the transaction itself. The result is the development of a principal-multi-agent model that allows for endogenous contest entry driven by identity. In addition, the model proposes guidance for practical M&A management.  Contents Identity and Competition in an Organizational Context The Social Identity Approach in Corporate Mergers and Acquisitions Identity-Driven Contest with Endogenous Entry Identity-Driven Group Contest with Endogenous Entry Implications of the Basic Model Implications of the Extended Model for M&A  Target Groups Researchers and students in the fields of mergers & acquisitions, microeconomics and organization theory Practitioners in these areas  The Author Dr. Sebastian Burchhardt completed his doctoral studies under the guidance of Prof. Dr. Peter-J. Jost at the Chair of Organization Theory at WHU ? Otto Beisheim School of Management in Vallendar. 410 0$aManagement, Organisation und ökonomische Analyse,$x2627-308X 606 $aCorporations?Finance 606 $aBehavioral economics 606 $aLeadership 606 $aCorporate Finance$3https://scigraph.springernature.com/ontologies/product-market-codes/612000 606 $aBehavioral/Experimental Economics$3https://scigraph.springernature.com/ontologies/product-market-codes/W54000 606 $aBusiness Strategy/Leadership$3https://scigraph.springernature.com/ontologies/product-market-codes/515010 615 0$aCorporations?Finance. 615 0$aBehavioral economics. 615 0$aLeadership. 615 14$aCorporate Finance. 615 24$aBehavioral/Experimental Economics. 615 24$aBusiness Strategy/Leadership. 676 $a330 676 $a330.01 676 $a330.0151 676 $a658.4092 700 $aBurchhardt$b Sebastian$4aut$4http://id.loc.gov/vocabulary/relators/aut$01064026 906 $aBOOK 912 $a9910298488603321 996 $aCompetition with Identity Driven Entry$92535929 997 $aUNINA