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We present a model of imperfect price competition where not all firms can sell to all consumers. A network structure … network, which corresponds to perfect competition, and decreases monotonically as the network becomes less connected until … competition when consumerscan either buy from a single firm or from all firms. -- Network markets ; price competition ; oligopoly …
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This paper examines the link between bank competition measures and risk indicators using quarterly interbank exposures data for all banks in Mexico during 2008Q1-2019Q1. The classical literature focuses on disentangling the link between competition and individual bank solvency risk. In this...
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