As in other sectors, competition in finance matters for allocative, productive and dynamic efficiency. Theory suggests …, however, that unfettered competition is not first best given the special features of finance. I review these analytics and … describe how to assess the degree of competition in markets for financial services. Existing research shows that the degree of …

This paper addresses two puzzles related to industrial dynamics and competition. The first of these puzzles is that a … globalization affects competition and distinguish forces that foster concentration and forces that are conducive for market …

on banking competition in 101 separate countries and assesses the market structure as monopolistic (or a perfect cartel …), perfectly competitive or monopolistic competitive. Also, banking competition is explained, using explanatory variables of market …The first part of this paper provides a systematic discussion of the structural problems of competition on financial …

The model of perfect competition is one of the most famous, most important, and most misunderstood concepts in … economics. Rather than aiming to be a full-blown model of real-world competitive markets, the perfect competition model isolates … only feature of market competition, but it plays a central role regarding to its virtues, and understanding the working …