.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 …

, marginsare too small and competition too fierce for them toact aggressively on those beliefs. Any actions they dotake to exploit …

, marginsare too small and competition too fierce for them toact aggressively on those beliefs. Any actions they dotake to exploit …

and thus increased competition among banks. Concentration has been measured using the Herfindahl-Hirschman Index of … the Indian banking market. This may be because of many restrictions still in place on foreign bank activities in India …