11-101/2 - Winning by Losing: Evidence on Overbidding in Mergers


  • Authors
    Ulrike Malmendier, UC Berkeley, and NBER; Enrico Moretti, UC Berkeley, and NBER; Florian Peters, Duisenberg school of finance, and University of Amsterdam
  • Publication date
    July 25, 2011
  • Keywords
    Mergers; Acquisitions; Misvaluation; Counterfactual
  • JEL
    G34; G14; D03