... θ ^ i ) = θ . In addition, with c i * = σ i − 2 / ∑ i = 1 n σ i − 2 , V a r ( ∑ i = 1 n c i * θ ^ i ) = 1 / ∑ i = 1 n σ i − 2 . YL (2019) provide simulation-based evidence...

... Swap (CDSs) are applied. A simulation on the potential impact from one through four banks manipulating the LIBOR is performed as well. Findings – The results on the macro level show that the LIBOR deviates heavily from other short-term interest rates from mid-2007 onwards, reaching its peak...

... and the associate probabilities to these behaviours in order to calculate potential NEPs for such games. However, this model does provide us some significant insight on how such M&A transactions can be analysed more accurately, which will help the acquirer or target, develop and simulate strategies that it can...