Showing 1 - 10 of 516
advertising is an important aspect of bank competition. …' advertising varies with the deposit market structure and whether bank profitability is influenced by advertising. My analysis … find that advertising has a positive and economically significant impact on bank profitability. These results suggest that …
Persistent link: https://www.econbiz.de/10005136668
We specify several variants of a structural econometric model explaining mortgage interest rates and loan sizes simultaneously. The models are estimated by simultaneous equation methods with a sample of loan files originated from a French mortgage lender. They yield estimates of the...
Persistent link: https://www.econbiz.de/10005789094
default risk of entrepreneurs individually. Both banking systems compete for deposits, loans, and bank equity. While a … sophisticated system rewards entrepreneurs with low default risks by low loan interest rates, a simple system acquires more bank …
Persistent link: https://www.econbiz.de/10005789172
Previous research shows that firms shroud high add-on prices in competitive markets with naive consumers leading to inefficiency. We analyze the effects of regulatory intervention via educating naive consumers on equilibrium prices and welfare. Our model allows firms to shroud, unshroud, or...
Persistent link: https://www.econbiz.de/10009367427
We study the effects of reputation and competition in a stylized market for experience goods. If interaction is …, we find that competition, coupled with some minimal information, eliminates the trust problem almost completely. …
Persistent link: https://www.econbiz.de/10005136615
We examine a Bertrand competition game between two intermediaries offering matching services between two sides of a …
Persistent link: https://www.econbiz.de/10005136667
This paper analyses the impact of competition among downstream firms on an upstream firm's payoff and on its incentive … to vertically integrate when firms on both segments negotiate optimal contracts. We argue that tougher competition … firm is better off encouraging competition when the downstream firms have high bargaining power. We derive implications on …
Persistent link: https://www.econbiz.de/10005497922
to pay more for exclusivity, the higher the demand (the lower the cost), that is precisely when competition yields the …
Persistent link: https://www.econbiz.de/10005662107
This Paper introduces optimal competition: the best form of competition in an industry that a competition authority can … competition outcome in an industry becomes more competitive as more money is spent in the industry, as the competition authority … puts less weight on producer surplus and more weight on employment. The relation between competition and entry costs is U …
Persistent link: https://www.econbiz.de/10005789187
impact of several dimensions of market competition and other factors on enterprise efficiency. We analyse 1992-1998 panel …, intensity, time path, and survival effects of competitive pressures. We find large, positive effects on TFP from competition in …
Persistent link: https://www.econbiz.de/10005661595