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, and how the quintessential features of blockchain reshape industrial organization and the landscape of competition. Smart … contracts can mitigate informational asymmetry and improve welfare and consumer surplus through enhanced entry and competition …
Persistent link: https://www.econbiz.de/10012854175
effectiveness, and how the quintessential features of blockchain reshape industrial organization and the landscape of competition … competition, yet the irreducible distribution of information during consensus generation may encourage greater collusion. In …
Persistent link: https://www.econbiz.de/10012453315
Persistent link: https://www.econbiz.de/10012436897
EU payment sector. Second, it discusses the role of competition enforcement in the shadow of the PSD2. Finally, the Paper …
Persistent link: https://www.econbiz.de/10012929589
Persistent link: https://www.econbiz.de/10011974536
marketing as a by-product of regulatory competition. Furthermore, the article describes and supports the paradigm of pro …
Persistent link: https://www.econbiz.de/10012838414
This paper focuses on institutional design aspects of the enforcement of competition law and other procompetitive …; motivation of staff; treatment of conflicting regulatory objectives; and legitimising elements in competition procedures …
Persistent link: https://www.econbiz.de/10014237978
Using a theoretical model that assumes heterogeneity in lenders' screening ability and in borrowers' investment horizon, we show that fintech loans to entrepreneurs are more likely to be unsecured and short-term while bank loans are expected to be asset-backed and long-term. The findings suggest...
Persistent link: https://www.econbiz.de/10013294499
This paper presents a spatial model to analyze the effects of the entry of Fintech lenders on credit market competition …. Increased competition from Fintech entrants erodes banks' profitability. Contrary to the standard view, Fintech entry could hurt …
Persistent link: https://www.econbiz.de/10013230950
Does the recent proliferation of technology in lending process have an impact on business loan market competition … competition between two ex-ante symmetric lenders. Lenders use screening technology and collateral requirements to mitigate … competition and restrict the supply of credit through an endogenous segmentation of markets with different maturities. As …
Persistent link: https://www.econbiz.de/10014352755