Since the first public offering in 1985 asset backed securities (ABS) are one of the most rapidly growing segments of the U.S. capital markets. Finding its genesis in the refinancing of mortgages in the United States, ABS are structured by packaging a pool of financial assets, such as automobile...

Competitive aggressiveness is analyzed in a simple spatial oligopolisticcompetition model, where each one of two firms supplies two connectedmarket segments, one captive the other contested. To begin with, firmsare simply assumed to maximize profit subject to two constraints, one relatedto...