We present a two-firm model of predation under complete information, based on different discount factors, and integrate … it with a model of collusion. Competition, collusion and predation are seen as alternative strategies. The basic …

This paper tests the existence of financial contagion between US and Latin America stock markets based on the analysis … procedure to examine the potential channels of financial contagion effects on emerging stock markets. The empirical results … markets are significantly affected by the contagion effects from the global financial crisis. However, Argentina stock market …

This paper tests the existence of financial contagion between US and Latin America stock markets based on the analysis … procedure to examine the potential channels of financial contagion effects on emerging stock markets. The empirical results … markets are significantly affected by the contagion effects from the global financial crisis. However, Argentina stock market …

. Instead, regulation should focus first on systemic externalities (contagion) and second on consumer protection (asymmetric …