Prior research on the structure‐performance relationship has not investigated all of the relevant relationships among market structure, profits, prices, and explicitly calculated measures of firm efficiency. This paper replicates the four approaches in the literature, adds several innovations,...

Incompatibility across rival systems can influence incentives to invest in product changes beneficial to the consumer. We investigate this phenomenon in the case of bank ATM networks, where the number of ATM locations is a measure of product quality and surcharge fees serve as an index of...

Purpose – The purpose of this paper is to identify which small businesses are most “debt sensitive”, or most likely to be affected by banking market conditions. Design/methodology/approach – For the primary debt sensitivity categories, the paper hypothesizes that bank conditions are most...