Economics experimental laboratory dataset: Vertical Cross-Shareholding
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资源简介:
Data obtained from laboratory experiments, Department of Economics, University of Melbourne using volunteers to test economic hypothesises. Data consist of excel spreadsheets plus Instructions to Participants.
Analyses vertical cross-shareholding, that is, the mutual holding of a minority of shares between vertically related firms. We investigate the conditions under which cross-shareholding improves efficiency. First, we explore the issue in a game-theoretic model and find that cross-shareholding is sufficient to obtain the first-best solution. We then proceed by testing these predictions experimentally.
提供机构:
The University of Melbourne



