研討日期	2024年4月1日12:10-13:50
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	Passive Cross-Holding in a Stackelberg Oligopoly
作者 Authors of the paper	Hongkun Ma and Chenhang Zeng
文獻出處 Journal, vol.(issue), pp	The B.E. Journal of Theoretical Economics https://doi.org/10.1515/bejte-2020-0041
主講人	Artah
參加人員	黃鴻、林燕淑、彭正浩、許至乙、周冰瑤、施姵全、Bui Dang-long、Suttiwan、Ayu Sasni Munte、Artah、Micah、楊雅棠、Chisomo、Anggoro、呂明權
	We show that bilateral cross-holding can be profitable for firms with symmetric technologies in a Stackelberg oligopoly. Furthermore, if firms involved in cross-holding obtain a strategic advantage to be the leaders (i.e. Stackelberg leadership through cross-holding), such cross-holding will improve both consumer surplus and social welfare. We also discuss robustness of our main results with respect to convex costs and product differentiation.