نتایج جستجو برای: in todays competitive markets

تعداد نتایج: 16994149  

2005
Alberto Bisin

Do competitive insurance markets function orderly in the presence of moral hazard and adverse selection? What are the properties of allocations attainable as competitive equilibria of such economies? And in particular, are competitive equilibria incentive efficient? The fundamental contribution on competitive markets for insurance contracts is Prescott and Townsend (1984). They analyze Walrasia...

2002
H. Semih Yildirim George C. Philippatos

This study analyzes the evolution of competitive conditions in the Banking industries of fourteen Central and Eastern European (CEE) transition economies using firm-level data. The results of the competition analysis suggest that the banking markets of CEE countries cannot be characterized by the bipolar cases of either perfect competition or monopoly over 1993-2000 except for FYR of Macedonia ...

2012
Guy Arie Sarit Markovich Mauricio Varela Meghan Busse David Dranove Chaim Fershtman Aaron Gellman

This paper shows that a strategic but purely competitive e ect of multi-market contact (MMC) can change the quantity provided by a multimarket rm by as much as 50%. Multi-market rms serve some but not all of their rivals' markets. As a result, a rm's reaction to rivals' actions in one market depends on the conditions in other markets served by the rm. Moreover, a rm's move in one market may a e...

Journal: :The Geneva Risk and Insurance Review 2013

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