This working paper examines the degree of collusion in the banking sector of Hong Kong based on the conjectural … variation approach. The results suggest that banks in Hong Kong operated in a competitive fashion in the loan market during the …

This paper addresses the issue of competition in the U.S. catfish industry. To this end, a conjectural variation …

different levels of conjectural variation associated with each market structure. Third, in a more general non-linear duopoly …

discrete choice model and (3) a structural conjectural variation model. The results indicate that one of the banks is a price …

To fully understand the impacts and policy implications of conjectural variation, one must first understand the part it … paper shall begin with a short description and history of conjectural variation, followed by how the debates surrounding it …

I consider the Turkish banking industry, which is dominated by a few large banks, and taking up a conjectural variation …

liberalization. This paper aims to address this issue. Design/methodology/approach – The article applied the conjectural variation … able to charge a price which is about 30 per cent more than their marginal cost. The conjectural variation method is a …