Market Power and Merger Simulation in Retail Banking

a study on rate making and required reserves determination in reinsurance market: a simulation

reinsurance is widely recognized as an important instrument in the capital management of an insurance company as well as its risk management tool. this thesis is intended to determine premium rates for different types of reinsurance policies. also, given the fact that the reinsurance coverage of every company depends upon its reserves, so different types of reserves and the method of their calc...

Spatial competition and market power in banking

Banks in non-metropolitan areas compete in a spatially differentiated environment. Non-metro community banks have been insulated from increasing competition from metro banks due to their reliance on soft information in relationship lending. Proximity to borrowers, therefore, may be an important source of market power for non-metro community banks. This paper estimates a structural model of the ...

On Pollution Permit Banking and Market Power

We consider a pollution permits market in which there are a large polluting firm plays and a fringe of competitive firms. To smooth compliance towards the longrun emissions goal, firms are initially allocated a stock (i.e., bank) of permits to be gradually consumed. We first show how the large firm can credibly manipulate the spot market in subgame-perfect equilibrium. Motivated by features obs...

Competition in Nordic Retail Banking

Testing for Market Power in the Swedish Banking Oligopoly

The purpose of this paper is to examine the degree and art of competition in a domestic bank market. It is the first attempt to use the oligopoly model developed in Oxenstierna (1998) in empirical research. A quasi multi-product (loans and deposits) banking application of that paper’s basic game theoretic model is developed, allowing for asymmetries in cost levels and two different types of pro...