Endogenous choice of minority shareholdings: Effects on product market competition
Non-controlling minority shareholdings in rivals (NCMS) lower the sustainability of collusion under a wide variety of circumstances. Nevertheless, NCMS are sometimes deemed to facilitate collusion, in particular if the level of NCMS is exogenous. The present paper endogenizes _rms' choice of NC...
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出版年: | MAGKS - Joint Discussion Paper Series in Economics (Band 12-2019) |
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第一著者: | |
フォーマット: | 論文 |
言語: | 英語 |
出版事項: |
2019
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主題: | |
オンライン・アクセス: | PDFフルテキスト |
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