competition as it makes consumer switching and service provider multihoming prohibitively expensive. Moreover, network effects … switching costs and provider multihoming on market structure and competition by means of agent-based modelling. Simulation … results suggest that service provider multihoming plays a key role in increasing market competition when switching costs …

andere Banken. Die Tatsache, dass auch kleinere Banken schwächer reagieren, deutet auf eine erhöhte Bedeutung von Bank … development of bank lending in the U.S. after four large jumps in uncertainty using an event study approach. We find that more … increases in uncertainty, which points to an increased importance of bank-customer relationships. The heterogeneity across banks …