COLLUSIVE BEHAVIOR AND PARTIAL OWNERSHIP OF RIVALS

被引:91
作者
MALUEG, DA
机构
[1] Tulane University, New Orelans
关键词
D O I
10.1016/0167-7187(92)90045-Z
中图分类号
F [经济];
学科分类号
02 ;
摘要
Others have shown in static models that increasing cross ownership among rival firms leads to more collusive outcomes. In contrast, this paper shows that if firms interact repeatedly, then increasing cross ownership may reduce the likelihood of collusion. A high level of cross ownership may even entail a lower likelihood of collusion than would no cross ownership.
引用
收藏
页码:27 / 34
页数:8
相关论文
共 9 条
[1]   EXTREMAL EQUILIBRIA OF OLIGOPOLISTIC SUPERGAMES [J].
ABREU, D .
JOURNAL OF ECONOMIC THEORY, 1986, 39 (01) :191-225
[2]   PRICE SETTING SUPERGAMES WITH CAPACITY CONSTRAINTS [J].
BROCK, WA ;
SCHEINKMAN, JA .
REVIEW OF ECONOMIC STUDIES, 1985, 52 (03) :371-382
[3]  
Deneckere R. J., 1984, INT J IND ORGAN, V2, P117
[4]   ASSET OWNERSHIP AND MARKET-STRUCTURE IN OLIGOPOLY [J].
FARRELL, J ;
SHAPIRO, C .
RAND JOURNAL OF ECONOMICS, 1990, 21 (02) :275-292
[5]  
Farrell Joseph, 1989, GAME ECON BEHAV, V1, P327, DOI DOI 10.1016/0899-8256(89)90021-3
[6]  
FUDENBERG D, 1908, LECONOMETRICA, V54, P533
[7]  
Reynolds R. J., 1986, INT J IND ORGAN, V4, P141, DOI [10.1016/0167-7187(86)90027-5, DOI 10.1016/0167-7187(86)90027-5]
[8]  
Shapiro C., 1989, HDB IND ORG, V1
[9]  
*US DEP JUST, 1984, MERG GUID