研討日期

2024120212:10-13:50

研討地點

國立臺灣大學社會科學院710會議室

主講題目

Title of the paper

Common ownership, market power, and innovation

作者

Authors of the paper

Xavier Vives

文獻出處

Journal, vol.(issue), pp

International Journal of Industrial Organization

Volume 70, May 2020, 102528

https://doi.org/10.1016/j.ijindorg.2019.102528

主講人

彭正浩

參加人員

黃鴻、林燕淑、施全、許至乙彭正浩 Bui Dang-LongAyu Sasni MunteAnggoro Prihandoko Bastien Latour、楊雅棠、洪睿翔

摘要

Abstract of the Paper

I examine the effects of overlapping ownership on market power when there are external effects across firms. This is done in an oligopoly model with cost-reducing innovation with technological spillovers where firms have an overlapping ownership structure based largely on López and Vives (2019). The model allows for Cournot competition with homogeneous product and for Bertrand with differentiated products as well as for strategic effects of R&D investment. It derives positive testable implications and normative results to inform policy.