Understanding MACs: Moral Hazard in Acquisitions
نویسندگان
چکیده
This paper benefitted from presentations at the American Law and Economics Association Meetings, the National Bureau of Economics Law & Economics Summer Session (2003), the NYU Law and Finance Workshop and the University of San Diego Law and Political Theory Workshop, and from comments by Barry Adler, Jennifer Arlen, Ian Ayres, Richard Brooks, Allen Ferrell, Michael Klausner, Alvin Klevorick, Jon Macey, Frank Partnoy, Ben Polak and Roberta Romano. We are especially grateful for the research assistance of Sarah Johnson. Understanding MACs: Moral Hazard in Acquisitions
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