Stabilising Merger Waves: An Agent-Based Networked Model of Market Stability

Camillia Zedan, Seth Bullock, Antonella Ianni

Research output: Chapter in Book/Report/Conference proceedingConference Contribution (Conference Proceeding)


The world's markets are increasingly interconnected, imposing additional challenges for both regulators and market participants. This paper considers the effect of inter-market dependencies on the spread of endogenously generated merger waves. Though merger activity can generate efficiency gains, it disrupts market competition and can lead to negative effects for consumers. The conditions under which disruptive merger activity can spread to otherwise stable markets are identified. It is also shown which inter-market dependency configurations are more likely to lead to situations in which the stability of some markets can be disrupted by merger activity in others.
Original languageUndefined/Unknown
Title of host publicationNineteenth International Conference on Computing in Economics and Finance (CEF 2013)
Publication statusPublished - 2013

Bibliographical note

Event Dates: 8-12 July 2013

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