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demand and pricing equations are also estimated to separate network differentiation effects from collusion in loan and … with predictions concerning the technological transformation of services' delivery in banking. Differentiation is found to …The paper presents a method of measuring bank differentiation in terms of branch and ATM networks and uses the measures …
Persistent link: https://www.econbiz.de/10005648908
sustainability of collusion. In an infinitely repeated game framework, we show that the bundling strategy of the entrant might hinder … collusion. Furthermore, we consider a setting in which the competitor uses a one-way access that the incumbent possesses. In … of collusion. This result has an important policy implication. …
Persistent link: https://www.econbiz.de/10009352684
following ideas: (a) for success, differentiation is a strategic imperative, (b) the viability of a firm is seriously threatened … a market with low levels of differentiation is often evidence of collusive behaviour. These ideas are based on analysis …
Persistent link: https://www.econbiz.de/10005067855
sustainability of collusion in an infinitely repeated game framework. We show that the bundling strategy of the entrant might hinder … collusion. Futhermore, we consider a setting in which the entrant uses a one-way access that the incumbent possesses. In such … might increase the feasibility of collusion. This result has an important policy implication. …
Persistent link: https://www.econbiz.de/10005184810
The study analyses the effects on banking competition of the changes in banking delivery and information collection … technologies and of the rivalry from outside the traditional banking sector. Key implications for monetary, regulatory and … competition policies are also addressed. <p> Evidence is provided that liberalization increased banking competition in Europe. In …
Persistent link: https://www.econbiz.de/10008774226
Being considered as one of the most dynamic markets in Mexico, the mobile phone market becomes a really interesting market to analyze. The objective of the work is to find the factors that allowed the creation of a monopolistic competence market, being Telcel the leader in such monopoly, as well...
Persistent link: https://www.econbiz.de/10010990959
The differentiation of tourism destinations depends on the innovative integration of local cultural and natural … relation with regional systems of innovation and the contribution of natural and cultural assets for the differentiation of …
Persistent link: https://www.econbiz.de/10010991000
We study procurement auctions in which, as is common in practice, a group of sellers (incumbents, qualified bidders) is given an advantage, based, for example, on better reliability, quality, or incumbency status. We show conditions under which for any given first price handicap auction, there...
Persistent link: https://www.econbiz.de/10010993388
The article studies one of the fundamental problems of the economic theory - integration of subjects of management. theoretical bases and basic principles of integration of subjects of management have been defined. Component categories "integration", their essence and interrelation have been...
Persistent link: https://www.econbiz.de/10010855785
This paper reviews studies analyzing the determinants of spatial dynamic dairy production. The review distinguishes three dimensions that may contribute to spatial dynamics: farm level determinants related to factor endowment, technology, and production costs; developments and differences at the...
Persistent link: https://www.econbiz.de/10010913635