Welfare implications of overlapping ownership with endogenous quality

In the context of a vertically differentiated duopoly model with endogenous quality choice, we analyzes the welfare effect of overlapping ownership when the market is fully covered. The results show that overlapping ownership, while detrimental for consumer surplus, may increase or decrease social w...

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Veröffentlicht in:	Journal of applied economics 2023-12, Vol.26 (1), p.1-7
1. Verfasser:	Li, Changying
Format:	Artikel
Sprache:	eng
Schlagworte:	consumer surplus Duopoly Endogenous Overlapping ownership Ownership Profits Quality Social welfare vertical differentiation
Online-Zugang:	Volltext
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