| Author: | Heffernan, S. A. |
| Title: | How do UK financial institutions really price their banking products? |
| Journal: | Journal of Banking and Finance
2002 : OCT, VOL. 26:10, p. 1997-2016 |
| Index terms: | Banking Imperfect competition Asymmetric information United Kingdom |
| Language: | eng |
| Abstract: | Based on the results of this study the policy lessons is that financial firms exhibit different types of price setting behaviour depending on the banking product.The policy implication is to require firms to produce comparable information for consumers, thereby helping to contain the loss of consumer surplus in imperfectly competitive markets. |
SCIMA