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-merger HHI, is larger than reported in the extant literature (at least) by a factor of ten. We also show that concentration has …
Persistent link: https://www.econbiz.de/10012421242
-merger HHI, is larger than reported in the extant literature (at least) by a factor of ten. We also show that concentration has …
Persistent link: https://www.econbiz.de/10012426540
Persistent link: https://www.econbiz.de/10014330876
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The majority of industrial organizations literature on network externalities looks at firm behavior under given market characteristics. The present paper instead asks the question whether the presence of network externalities can change market characteristics, specifically, whether an initially...
Persistent link: https://www.econbiz.de/10003225291
Empirical research about structure, conduct and performance in banking markets has developed mostly independently from the microeconomic theory of banking. The present paper reviews the literature by focusing on the links between theoretical and empirical research. It considers basic conditions,...
Persistent link: https://www.econbiz.de/10011540098
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