Non-price strategic behavior: The case of bank branches

International Journal of Industrial Organization

Volumn 19, Issue 10, 2001, Pages 1583-1602

  Kim, Moshe ^a   Vale, Bent ^b  

^a UNIVERSITY OF HAIFA   (Israel)

^b NORGES BANK   (Norway)

Author keywords

Bank branch networks; Borrowers; G21; L13; Norway; Oligopolistic setting

Indexed keywords

EID: 0035546356     PISSN: 01677187     EISSN: None     Source Type: Journal    
DOI: 10.1016/S0167-7187(00)00064-3     Document Type: Article

References (42)

1. Allen F. Contracts to sell information. 1985;Wharton School, University of Pennsylvania. Unpublished manuscript.
2. Barros P. Post-entry expansion in banking: the case of Portugal. International Journal of Industrial Organization. 13:1995;593-611.
3. Barros P. Multimarket competition in banking with an example from the case of Portuguese market. International Journal of Industrial Organization. 17:1999;335-352.
4. Berg S.A., Kim M. Oligopolistic interdependence and the structure of production in banking: an empirical evaluation. Journal of Money, Credit, and Banking. 26:1994;309-322.
5. Berg S.A., Kim M. Banks as multioutput oligopolies: an empirical evaluation of the retail and corporate banking markets. Journal of Money, Credit, and Banking. 30:1998;135-153.
6. Bernheim B.D., Whinston M.D. Multimarket contact and collusive behaviour. RAND Journal of Economics. 21:1990;1-26.
7. Cabral L. Conjectural variations as a reduced form. Economics Letters. 49:1995;397-402.
8. Cabral L., Majure R. An empirical analysis of bank branching: Portugal 1989-1991. Neven D., Roller L. The Empirical Analysis of Industrial Organization. 1994;CEPR, London.
9. Cerasi V. A model of retail banking competition. 1995;London School of Economics. Mimeo.
10. Cerasi V., Daltung S. The optimal size of a bank: costs and benefits of diversification. 1994;London School of Economics. FMG discussion paper.
11. Cerasi V., Chizzolini B., Ivaldi M. The impact of deregulation on branching and entry costs in the banking industry. 1997;Universita' Bocconi, Milano. Working paper 117.
12. Chan Y.S., Greenbaum S.I., Thakor A.V. Information reusability, competition and bank asset quality. Journal of Banking and Finance. 10:1986;243-253.
13. Chiappori P.A., Perez-Castrillo D., Verdier D. Spatial competition in the banking system: localization, cross subsidies and the regulation of deposit rates. European Economic Review. 39:1995;889-918.
14. Degryse H. On the interaction between vertical and horizontal product differentiation: an application to banking. Journal of Industrial Economics. 44:1996;169-186.
15. Dewatripont M., Tirole J. The Prudential Regulation of Banks. The Walras-Pareto Lectures. 1994;MIT Press, Cambridge, MA.
16. Diamond D. Financial intermediation and delegated monitoring. Review of Economic Studies. 51:1984;393-414.
17. Domowitz I., Hubbard R.G., Petersen B. Business cycles and the relationship between concentration and price-cost margins. RAND Journal of Economics. 17:1986;1-17.
18. Evanoff D. Branch banking and service accessibility. Journal of Money, Credit, and Banking. 20:1988;191-202.
19. Freixas X., Rochet J.C. Microeconomics of Banking. 1997;MIT Press, Cambridge, MA.
20. Hope E. The Banking Crisis in Norway: Problems and Prospects. 1993;Foundation for Research in Economics and Business Administration, Bergen.
21. Jayaratne J., Strahan P.E. The finance-growth nexus: evidence from bank branch deregulation. Quarterly Journal of Economics. 111:1996;639-670.
22. Karp L., Perloff J.M. Dynamic oligopoly in the rice export market. Review of Economics and Statistics. 71:1989;462-470.
23. Kim M. Banking technology and the existence of a consistent output aggregate. Journal of Monetary Economics. 18:1986;181-195.
24. Klemperer P. Competition when consumers have switching costs: an overview with applications to industrial organization, macroeconomics, and international trade. Review of Economic Studies. 62:1995;515-539.
25. Kreps D., Wilson R. Reputation and imperfect information. Journal of Economic Theory. 27:1982;253-279.
26. Leland H.E., Pyle D.H. Informational asymmetries, financial structure, and financial intermediation. Journal of Finance. 32:1977;371-387.
27. Matutes C., Padilla A. Shared ATM networks and banking competition. European Economic Review. 38:1994;1113-1138.
28. Mayer C., Vives X. Capital Markets and Financial Intermediation. 1993;Cambridge University Press, Cambridge, UK.
29. Mester L.J. Traditional and non-traditional banking: an information-theoretic approach. Journal of Banking and Finance. 16:1992;545-566.
30. Nathan A., Neave E.H. Competition and contestability in Canada's financial system: empirical results. Canadian Journal of Economics. 22:1989;576-594.
31. Neven D., Röller L.H. An aggregate structural model of competition in the European banking industry. International Journal of Industrial Organisation. 17:1999;1059-1074.
32. Report by the Commission on the Banking Crisis. 1992;Royal Ministry of Finance and Customs, Oslo.
33. Pagan A. Econometric issues in the analysis of regressions with generated regressors. International Economic Review. 25:1984;221-247.
34. Raj B., Kirkham P., Clarke E. Dynamics of Canadian deposit-taking institutions: a Markovian approach. The Journal of Industrial Economics. XXVIII:1979;177-188.
35. Roberts M.J., Samuelson L. An empirical analysis of dynamic, nonprice competition in an oligopolistic industry. RAND Journal of Economics. 19:1988;200-220.
36. Salop S. Monopolistic competition with outside goods. Bell Journal of Economics. 10:1979;141-156.
37. Shaffer S. A test of competition in Canadian banking. Journal of Money, Credit, and Banking. 25:1993;49-61.
38. Shaffer S. The winner's curse in banking. Journal of Financial Intermediation. 7:1998;359-392.
39. Sharpe S.A. Asymmetric information, bank lending, and implicit contracts: a stylized model of customer relationships. Journal of Finance. 45:1990;1069-1087.
40. Slade M.E. Product rivalry with multiple strategic weapons: an analysis of price and advertising competition. Journal of Economics & Management Strategy. 4:1995;445-476.
41. White H. A heteroskedasticity-consistent covariance matrix estimator and a direct test for heteroskedasticity. Econometrica. 48:1980;817-830.
42. White H. Using least squares to approximate unknown regression functions. International Economic Review. 21:1980;149-170.