SEOUL NATIONAL UNIVERSITY · CENTER FOR LAW & ECONOMICS
Center for Law & Economics, Seoul National UniversityCENTER FOR LAW & ECONOMICS
ECONOMICS · RESEARCH RECORD
GlobalMacroeconomics

DP22057 Measuring Common Ownership: An Axiomatic Approach

AT A GLANCE

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This paper proposes three basic axioms for measuring common ownership based purely on the ownership distributions: symmetry, normalization, and orthogonality. Combining a fourth, structural

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