11-101/2 - Winning by Losing: Evidence on Overbidding in Mergers
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AuthorsUlrike Malmendier, UC Berkeley, and NBER; Enrico Moretti, UC Berkeley, and NBER; Florian Peters, Duisenberg school of finance, and University of Amsterdam
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Publication dateJuly 25, 2011
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KeywordsMergers; Acquisitions; Misvaluation; Counterfactual
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JELG34; G14; D03