研討日期	2021年5月10日上午10:20~ 12:30
研討地點	國立臺灣大學710討論室
主講題目 Title of the paper	Asymmetric Information, Bargaining, and International Mergers
作者 Authors of the paper	Satya P. Das and Sarbajit Sengupta
文獻出處 Journal, vol.(issue), pp	Journal of Economics & Management Strategy, Volume 10, Number 4, Winter 2001, 565–590
主講人	Dong Van Chung
參加人員	Dong Van Chung、王羿傑、林燕淑、施姵全、梁文榮、張瑞雲、黃鴻、丁虹仁、Damiana Simanjuntak、林虢楙、Bui Dang Long、Beny T. Oktora、Suwannaja Sultiwan、陳彥勲、許至乙、賴宜君
摘要 Abstract of the paper	The formation of international mergers is examined in the presence of two kinds of asymmetric information, one when a local firm has private information on market size and the other when a foreign firm has private information on its technology. In each situation, parametric configurations are identified under which a merger offer may or may not be made. It also examines the kind of offer and the probability of its acceptance. The likelihood of a merger being formed is also related to the basic market size, demand uncertainty, and cost uncertainty. Welfare effects of tax/subsidy policies by the host country are also analyzed.