Economic analysis in buyout financings of private companies

2016 Fiscal Year Final Research Report

• Project/Area Number: 15H06458
• Research Category: Grant-in-Aid for Research Activity Start-up
• Allocation Type: Single-year Grants
• Research Field: Money/ Finance
• Research Institution: Kochi University
• Principal Investigator: Amemiya Yuki 高知大学, 教育研究部人文社会科学系人文社会科学部門, 講師 (70759349)
• Project Period (FY): 2015-08-28 – 2017-03-31
• Keywords: 寡占競争 / 非対称情報 / 金融市場

Outline of Final Research Achievements

The aim of this study is to construct a model that is applicable to analysis of competition in financial markets. In this study, we examine advantages of earlier entry in oligopolistic competition under asymmetric information. We show that the advantage of earlier entry needs conditions that the number of competitors is sufficiently large and that the ability to estimate the profitability of the entry is not so precise.

Free Research Field

応用ミクロ経済学