Impact of Cross-Ownership in Common Property Renewable Resource Oligopoly

Impact of Cross-Ownership in Common Property Renewable Resource Oligopoly

Explore the effects of cross-ownership structures in renewable resource industries through this 47-minute Dynamic Games and Applications Seminar. Delve into a k-symmetric cross-ownership model where k firms hold equal financial stakes in each other while remaining independent from n-k other firms. Discover how cross-ownership can enhance aggregate profits and social welfare by enabling more effective coordination of production strategies. Examine the potential benefits of cross-ownership in renewable resource contexts, challenging traditional antitrust policies. Consider the dynamics of resource stocks and long-term implications when evaluating regulatory policies for industries managing common property renewable resources.