文献类型：期刊文献

英文题名：Product positioning with overlapping ownership

作者：Li, Youping[1,2];Zhang, Jianhu[3]

机构：[1]East China Univ Sci & Technol, Sch Business, 130 Meilong Rd, Shanghai 200237, Peoples R China;[2]East China Univ Sci & Technol, Oliver Hart Res Ctr Contracts & Governance, 130 Meilong Rd, Shanghai 200237, Peoples R China;[3]Shandong Univ, Sch Econ, 27 Shanda South Rd, Jinan 250100, Shandong, Peoples R China

年份：2021

卷号：208

外文期刊名：ECONOMICS LETTERS

收录：;WOS:【SSCI(收录号:WOS:000704487800016)】；

基金：We wish to thank an anonymous referee for helpful comments. Financial support from the National Natural Science Foundation of China (71973082) is gratefully acknowledged. The usual disclaimers apply.

语种：英文

外文关键词：Overlapping ownership; Product positioning; Welfare

摘要：This paper investigates the duopoly firms' positioning strategies when they have overlapping ownership. We find that the firms position themselves further away from each other to soften competition as the degree of overlapping ownership increases. This increases firm profits but reduces consumer and total welfare. The anticompetitive effect of overlapping ownership is exacerbated with the additional choice of product positioning. (C) 2021 Elsevier B.V. All rights reserved.