Matches in SemOpenAlex for { <https://semopenalex.org/work/W2209345947> ?p ?o ?g. }
Showing items 1 to 97 of
97
with 100 items per page.
- W2209345947 abstract "Firms often wish to cooperate in the product-market. However, direct cooperation is often illegal because such direct cooperation can facilitate price-fixing and reduce consumers’ welfare. Subsequently, we develop a general framework to analyze how “cross-exposures” in each others’ equity can act as effective mechanism to ensure implicit co-operation in the product market among competing firms. Such a “cross-exposure” can be achieved either by directly short-selling the rival’s equity, by buying or writing options, and/or by creating a portfolio of financial assets with the desired negative or positive correlation with the rival’s equity. The presence of cross-exposures, or the credible threat to undertake them, is sufficient to enforce product market collusive behavior among competing firms in situations otherwise characterized by noncooperative behavior. These findings provide new insights into how firms use strategic equity exposure to facilitate product market cooperation. JEL Classification Codes: C72, D43, L13, L21" @default.
- W2209345947 created "2016-06-24" @default.
- W2209345947 date "2014-01-01" @default.
- W2209345947 modified "2023-10-18" @default.
- W2209345947 title "Strategic Cross-Exposures and Product Market Cooperation" @default.
- W2209345947 cites W1596806241 @default.
- W2209345947 cites W1964101150 @default.
- W2209345947 cites W1965711618 @default.
- W2209345947 cites W1976566470 @default.
- W2209345947 cites W1978127735 @default.
- W2209345947 cites W1984186837 @default.
- W2209345947 cites W1994805448 @default.
- W2209345947 cites W2001578386 @default.
- W2209345947 cites W2011065519 @default.
- W2209345947 cites W2016093382 @default.
- W2209345947 cites W2022480744 @default.
- W2209345947 cites W2026055374 @default.
- W2209345947 cites W2035592097 @default.
- W2209345947 cites W2036233224 @default.
- W2209345947 cites W2043988622 @default.
- W2209345947 cites W2047159741 @default.
- W2209345947 cites W2050029096 @default.
- W2209345947 cites W2050540480 @default.
- W2209345947 cites W2055052606 @default.
- W2209345947 cites W2056447437 @default.
- W2209345947 cites W2057513314 @default.
- W2209345947 cites W2059005136 @default.
- W2209345947 cites W2061115283 @default.
- W2209345947 cites W2070747092 @default.
- W2209345947 cites W2072961311 @default.
- W2209345947 cites W2076779897 @default.
- W2209345947 cites W2080709233 @default.
- W2209345947 cites W2090390091 @default.
- W2209345947 cites W2093604566 @default.
- W2209345947 cites W2097927444 @default.
- W2209345947 cites W2099137380 @default.
- W2209345947 cites W2099171379 @default.
- W2209345947 cites W2111758361 @default.
- W2209345947 cites W2117455041 @default.
- W2209345947 cites W2122679534 @default.
- W2209345947 cites W2126821992 @default.
- W2209345947 cites W2151388372 @default.
- W2209345947 cites W2156924654 @default.
- W2209345947 cites W2162070285 @default.
- W2209345947 cites W2163568918 @default.
- W2209345947 cites W2171144572 @default.
- W2209345947 cites W2171203669 @default.
- W2209345947 cites W2325671673 @default.
- W2209345947 cites W3121686055 @default.
- W2209345947 cites W3122037931 @default.
- W2209345947 cites W3122103941 @default.
- W2209345947 cites W3122346940 @default.
- W2209345947 cites W3124671316 @default.
- W2209345947 cites W3124820509 @default.
- W2209345947 cites W3125222571 @default.
- W2209345947 cites W3125356020 @default.
- W2209345947 cites W3125445090 @default.
- W2209345947 cites W2186556569 @default.
- W2209345947 doi "https://doi.org/10.2139/ssrn.2409393" @default.
- W2209345947 hasPublicationYear "2014" @default.
- W2209345947 type Work @default.
- W2209345947 sameAs 2209345947 @default.
- W2209345947 citedByCount "0" @default.
- W2209345947 crossrefType "journal-article" @default.
- W2209345947 hasConcept C144133560 @default.
- W2209345947 hasConcept C162853370 @default.
- W2209345947 hasConcept C19351080 @default.
- W2209345947 hasConcept C195094911 @default.
- W2209345947 hasConcept C2524010 @default.
- W2209345947 hasConcept C33923547 @default.
- W2209345947 hasConcept C40700 @default.
- W2209345947 hasConcept C90673727 @default.
- W2209345947 hasConceptScore W2209345947C144133560 @default.
- W2209345947 hasConceptScore W2209345947C162853370 @default.
- W2209345947 hasConceptScore W2209345947C19351080 @default.
- W2209345947 hasConceptScore W2209345947C195094911 @default.
- W2209345947 hasConceptScore W2209345947C2524010 @default.
- W2209345947 hasConceptScore W2209345947C33923547 @default.
- W2209345947 hasConceptScore W2209345947C40700 @default.
- W2209345947 hasConceptScore W2209345947C90673727 @default.
- W2209345947 hasLocation W22093459471 @default.
- W2209345947 hasOpenAccess W2209345947 @default.
- W2209345947 hasPrimaryLocation W22093459471 @default.
- W2209345947 hasRelatedWork W1548835850 @default.
- W2209345947 hasRelatedWork W2100580683 @default.
- W2209345947 hasRelatedWork W2122951163 @default.
- W2209345947 hasRelatedWork W2269307236 @default.
- W2209345947 hasRelatedWork W2342077422 @default.
- W2209345947 hasRelatedWork W2362747708 @default.
- W2209345947 hasRelatedWork W2372135159 @default.
- W2209345947 hasRelatedWork W2535806941 @default.
- W2209345947 hasRelatedWork W2810501549 @default.
- W2209345947 hasRelatedWork W2849916945 @default.
- W2209345947 isParatext "false" @default.
- W2209345947 isRetracted "false" @default.
- W2209345947 magId "2209345947" @default.
- W2209345947 workType "article" @default.