Asymmetries in banking conduct: A Cournot - Bertrand model

被引:2
|
作者
Dalla, Eleni [1 ]
机构
[1] Democritus Univ Thrace, Dept Econ, Komotini, Greece
关键词
Cournot-Bertrand model; Loan differentiation; Deposit differentiation; PRODUCT DIFFERENTIATION; COMPETITION; MARKETS;
D O I
10.1016/j.econlet.2023.111426
中图分类号
F [经济];
学科分类号
02 ;
摘要
This paper presents a Cournot - Bertrand model with differentiated loans and deposits. In this context, banks compete in different strategic variables, with bank 1 competing in quantities and bank 2 in interest rates. It is shown that loan and deposit differentiation are necessary conditions for a unique Nash equilibrium. The analysis constitutes a simple framework for the introduction of asymmetries in the behavior of oligopolistic banks, providing possible policy and bank ownership extensions.
引用
收藏
页数:3
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