變局與挑戰貿易政策與產業組織研究群

研討日期

Date, time

2025-12-01 T 10:30-12:00

研討地點

Location

國立臺灣大學社會科學院710會議室

Room 710, College of Social Science, NTU

主講題目

Title of the paper

On the Stability of Common Ownership Arrangements

作者

Authors of the paper

Konstantinos Charistos

文獻出處

Journal, vol.(issue), pp

The B.E. Journal of Economic Analysis & Policy

Volume 25, Issue 3, July 2025, Pages 807-818

主講人

Presenter

Ayu Sasni Munte

主持人

Session Chair

高國峯

參加人員 Participants

黃鴻,林燕淑,高國峯,鍾暳陵,孫嘉宏,施姵全,許至乙,林晏如,Ayu Sasni Munte Micah MainalaUmiartah MunteKarl Finke.

摘要

Abstract of the Paper

We investigate the stability of common ownership arrangements. In a duopolistic market, the owner of a firm acquires a non-controlling share in the rival firm. Then, the acquirer of the minority share considers reselling the share to an investor. Common ownership is stable and the acquirer retains part of the share when there is asymmetry in the production costs of the firms. Common ownership is more likely to be stable as the initially acquired share increases. The welfare effects of the stable common ownership scheme depend also on the cost-asymmetry.