We present a Hotelling model of price and advertising competition between prescription drugs that differ in quality …

Using a novel dataset that allows us to trace the primary bank relationships of a sample of mostly unlisted firms, we … explore which borrowers are able to benefit from foreign bank presence in emerging markets. Our results suggest that the … limits to financial integration are less tight than the static picture of bank-firm relationships implies. Even though …

competition on bank orientation - i.e., the choice of relationship based versus transactional banking - and bank industry … specialization. We empirically investigate the impact of interbank competition on bank branch orientation and specialization. We … bank branches facing stiff local competition engage considerably more in relationship-based lending and specialize somewhat …

foreign bank lending on firm growth and financing. Foreign lending stimulates growth in firm sales, assets, and leverage, but … the effect is dampened for small firms. We also find that the most connected businesses benefit least from foreign bank …

. We investigate theoretically and empirically how bank organization shapes banking competition. Our theoretical model …Recent theoretical models argue that a bank’s organizational structure reflects its lending technology. A … hierarchically organized bank will employ mainly hard information, whereas a decentralized bank will rely more on soft information …

We assess the influence of competition and capital regulation on the stability of the banking system. We particularly … competitive environment affect bank monitoring choices and the effectiveness of capital regulation? Our approach deviates from the … show that competition improves the monitoring incentives of better quality banks and deteriorates the incentives of lower …

under Cournot competition. We use the model to explore issues related to cross-country differences in industry structure and …

We survey the recent empirical literature on structural models of market entry and spatial competition in oligopoly … heterogeneity; specification of price competition; structure of spatial competition; firms' information; dynamics; multi-store firms …

We propose a general model of monopolistic competition, which encompasses existing models while being flexible enough … to take into account new demand and competition features. The basic tool we use to study the market outcome is the …