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Raising rival's costs in the securities settlement industry
Holthausen, Cornelia; Tapking, Jens - 2004
The competition between a central securities depository (CSD) and a custodian bank is analysed in a Stackelberg model. The CSD sets its prices first, the custodian bank follows. There are many investor banks each of which has to decide whether to use the service of the CSD or of the custodian...
Persistent link: https://www.econbiz.de/10011604422
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Raising rival's costs in the securities settlement industry
Holthausen, Cornelia; Tapking, Jens - 2004
The competition between a central securities depository (CSD) and a custodian bank is analysed in a Stackelberg model. The CSD sets its prices first, the custodian bank follows. There are many investor banks each of which has to decide whether to use the service of the CSD or of the custodian...
Persistent link: https://www.econbiz.de/10009639430
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Raising rivalsś costs in the securities settlement industry
Holthausen, Cornelia; Tapking, Jens - In: Journal of financial intermediation 16 (2007) 1, pp. 91-116
Persistent link: https://www.econbiz.de/10003407963
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Raising rival's costs in the securities settlement industry
Holthausen, Cornelia (contributor);  … - 2004
Persistent link: https://www.econbiz.de/10002233653
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Raising Rival's Costs in the Securities Settlement Industry
Holthausen, Cornelia - 2004
The competition between a central securities depository (CSD) and a custodian bank is analysed in a Stackelberg model. The CSD sets its prices first, the custodian bank follows. There are many investor banks each of which has to decide whether to use the service of the CSD or of the custodian...
Persistent link: https://www.econbiz.de/10012785620
Cover Image
Raising rival's costs in the securities settlement industry
Holthausen, Cornelia; Tapking, Jens - In: Journal of Financial Intermediation 16 (2007) 1, pp. 91-116
Persistent link: https://www.econbiz.de/10005020786
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Raising rival's costs in the securities settlement industry
Holthausen, Cornelia - 2004
Persistent link: https://www.econbiz.de/10013434714
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Raising rival's costs in the securities settlement industry
Holthausen, Cornelia; Tapking, Jens - European Central Bank - 2004
The competition between a central securities depository (CSD) and a custodian bank is analysed in a Stackelberg model. The CSD sets its prices first, the custodian bank follows. There are many investor banks each of which has to decide whether to use the service of the CSD or of the custodian...
Persistent link: https://www.econbiz.de/10005816133
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What drives demand for and supply of electronic money? : Theoretical background and lessons from history
Holthausen, Cornelia - In: Institutional change in the payments system and …, (pp. 121-130). 2006
Persistent link: https://www.econbiz.de/10003354381
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Multiple equilibrium overnight rates in a dynamic interbank market game
Tapking, Jens - In: Games and economic behavior 56 (2006) 2, pp. 350-370
Persistent link: https://www.econbiz.de/10003344081