, in the presence of a cyber-attacker. In equilibrium, provider competition leads to both lower fees and security …

the study indicate that bank competition inspires industrial growth, particularly the growth of the financially dependent …

.S. policymakers often treat market competition as a panacea. However, in the case of mortgage securitization, policymakers' faith in … competition is misplaced. Competitive mortgage securitization has been tried three times in U.S. history - during the 1880s, the … 1920s, and the 2000s - and every time it has failed. Most recently, competition between mortgage securitizers led to a race …

this paper we examine the role played by strategic competition in motivating this shift. Using a metric capturing … competition for undergraduate applications, we test whether endowment performance relative to a school's nearest competitor is …

U.S. policymakers often treat market competition as a panacea. However, in the case of mortgage securitization …, policymakers' faith in competition is misplaced. Competitive mortgage securitization has been tried three times in U.S. history … - during the 1880s, the 1920s, and the 2000s - and every time it has failed. Most recently, competition between mortgage …

but they fail to capture the dynamics of competition between coalitions. For the same level of concentration, competition … UK, which might indicate a lower degree of competition in the former. We also find that syndicates are significantly more …

We build a model of mutual fund competition in which a fraction of investors, unsophisticated, exhibit a preference for … sophisticated investors. High-familiarity funds do not engage in competition for sophisticated investors either, and choose instead …-familiarity funds survive competition from higher quality funds despite offering lower after-fee performance. Our model can thus shed …

This paper extends Boone (2008) by introducing a competition measure at the individual firm level rather than for an … and measures competition vis-à-vis other market participants. We apply this extended Boone indicator to individual bank …-level competition in the loan market in the four largest euro area countries and Austria. The MRP distribution is skewed to the left and …