search query: @author Kim, M. / total: 6
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| Author: | Berg, S. A. Kim, M. |
| Title: | Banks as multioutput oligopolies: An empirical evaluation of the retail and corporate banking markets |
| Journal: | Journal of Money, Credit and Banking
1998 : MAY, VOL. 30:2, p. 135-153 |
| Index terms: | Banking Retailing Market segmentation Oligopoly Models Norway Europe |
| Language: | eng |
| Abstract: | The distinction btw. retail and corporate banking markets is of much importance in real life banking organizations. The two markets differ with respect to concentration, the importance of informational asymmetries, and the extent of customer mobility. Within a standard conjectural variation model estimated on cost-efficient banks as well as on the full sample of banks, in the study it is empirically characterized the strategic behaviour in each of these markets, and it is also focused on cross-market interactions to see whether initial moves in one market affect the equilibrium in the other market. The findings of the study are compared to the predictions that would follow from merely considering concentration ratios, such as the Herfindahl index. |
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