Market Structure and Risk Taking in the Banking Industry
نویسندگان
چکیده
منابع مشابه
Market Structure and Risk Taking in the Banking Industry∗
We demonstrate that the common view according to which an increase in competition leads banks to increased risk taking fails to hold in an environment where homogeneous loss averse consumers can choose in which bank to make a deposit based on their knowledge of the riskiness incorporated in the banks’ outstanding loan portfolios. With an exclusive focus on imperfect competition we find that ban...
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This paper presents empirical evidence consistent with the predictions of the endogenous sunk cost model of Sutton (1991), with an application to banks. In particular, banking markets remain concentrated regardless of market size. Given an asymmetric oligopoly where dominant and fringe firms coexist, the number of dominant banks remains unchanged with market size, with only the number of fringe...
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A long with the development of electronic banking as a result of rapid growth of information technology, many banking indices including concentration are affected. This influence is made among different variables of which the amount of banks’ deposits and the level of deposit attraction are the most important. This study the influence of electronic banki...
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ژورنال
عنوان ژورنال: Journal of Economics - Zeitschrift für Nationalökonomie
سال: 2004
ISSN: 0931-8658,1617-7134
DOI: 10.1007/s00712-003-0053-7