How big do banks need to be to gain all the economies of scale? The largest Canadian banks already achieve scale economies and further increases in size can make them "too big to fail." Available evidence indicates normal monopoly risks will be passed on to Canadian firms and consumers if the...

Are there some consumers who believe that deliberate decision-making can lead to improved outcomes while others believe that outcomes are beyond their control? To predict which consumers take a strategic approach to shopping, we constructed a measure of locus of control focused specifically on...