Strategic profit sharing between firms

被引:4
作者
Luis Ferreira, Jose [1 ]
Waddle, Roberts [1 ]
机构
[1] Univ Carlos III Madrid, Dept Econ, C Madrid, Spain
关键词
profit sharing; oligopoly; cross ownership; L13; OWNERSHIP;
D O I
10.1111/j.1742-7363.2010.00143.x
中图分类号
F [经济];
学科分类号
02 ;
摘要
We introduce the possibility of unilaterally giving profits away to the rival in different oligopolistic contexts. We find that this strategy may be profitable in some circumstances, thus providing a context for partial tacit collusion in one-shot oligopolistic interactions. Although the strategy in itself may look unrealistic, we argue that it may be hidden behind a more complicated relation of the firms.
引用
收藏
页码:341 / 354
页数:14
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