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The recent global concerns over environmental degradation spark interest in sustainable financial mechanisms, with momentum behind environmentally-friendly financing initiatives growing as a potential solution to ecological sustainability. This study analyzes asymmetric green finance-ecological...
Persistent link: https://www.econbiz.de/10014494700
Partial cross ownership (PCO) among firms affects their incentives to engage in tacit collusion. We analyze collusion behavior in an n-firm industry which allows asymmetric cross ownership, under Cournot competition. We find that in some ways increasing PCO hinders tacit collusion under the...
Persistent link: https://www.econbiz.de/10012896254
We analyze a model in which agents’ decisions to enter or exit investments are influenced from their individual and external parties’ transaction histories. Actual investment outcomes are unknown to all participants until the end of decision periods, but outcomes do change depending on the...
Persistent link: https://www.econbiz.de/10011259655