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The Liquidity Advantage of the Quote-Driven Market: Evidence from the Betting Industry

Flepp, Raphael; Nüesch, Stephan; Franck, Egon - Institut für Betriebswirtschaftslehre, … - 2014

Even though betting exchanges are considered to be the superior business model in the betting industry due to less … 1.8 million bookmaker and betting exchange odds for 17,410 soccer matches played worldwide, we find that the bookmaker … offers higher odds and bettor returns than the betting exchange when liquidity at the betting exchange is low. …

Persistent link: https://www.econbiz.de/10010938729

THE NIGERIAN SUGAR INDUSTRY(1960 - 1987)

NWAOBI, DR. GODWIN CHUKWUDUM - EconWPA - 2005

THE CONCEPT OF AN INDUSTRY IS IMPORTANT FOR ECONOMIC ANALYSIS. HERE, WE DEFINE SUGAR INDUSTRY AS GROUP OF FIRMS PRODUCING SUGAR THAT ARE CLOSE SUBSTITUTES BY THE USE OF IDENTICAL PRODUCTION PROCESSES AND RAW MATERIALS. HOWEVER, SUGAR INDUSTRY IN NIGERIA WAS STILL IN ITS PIONEERING STAGE. THIS...

Persistent link: https://www.econbiz.de/10005412927

Bank Performance during the Financial Crisis 2007-2010

Mirzaei, Ali - In: International Journal of Business and Economics 12 (2013) 1, pp. 27-44

The recent global financial crisis has negatively affected the performance of most banking sectors around the world. A fundamental question is whether those banks located in more concentrated markets were more vulnerable during the crisis or were those that operated in inefficient markets. This...

Persistent link: https://www.econbiz.de/10010837245

Competition, Innovation and Productivity Growth: A Review of Theory and Evidence

Ahn, Sanghoon - Economics Department, Organisation de Coopération et … - 2002

This paper reviews recent studies on the links between competition, innovation and productivity growth in the long run. From a long-run perspective, one can see that gains from competition-enhancing regulatory reform are likely to exceed static gains observed in the short run since firms will...

Persistent link: https://www.econbiz.de/10005045849

An empirical investigation of the effects of concentration on profitability among US banks

Fiona, Tregenna - Volkswirtschaftliche Fakultät, … - 2006

This paper analyses the effects of concentration on profitability in the US banking sector from 1994-2005, using bank-level panel data. A new index of concentration is proposed, which reflects the depth and intensity of concentration. The econometric specification facilitates the simultaneous...

Persistent link: https://www.econbiz.de/10005835748

Upstream Mergers, Downstream Mergers, and Secret Vertical Contracts.

Fumagalli, C.; Motta, M. - Department of Economics, European University Institute - 1999

In an industry characterised by secret vertical contracts, we consider a benchmark case where two vertical chains exist, with two upstream manufacturers selling to two downstream retailers, and show that the equilibrium prices are independent of whether upstream or downstream firms have all the...

Persistent link: https://www.econbiz.de/10005697660

Market Structure, Concentration and Performance: Jordanian Banking System, 1980-1993.

Al-Karasneh, I.; Cadle, P.J.; Ford, J.L. - Department of Economics, University of Birmingham - 1997

This paper evaluates the impact on the performance (profitability) of the bannking system in Jordan of aspects of market structure. It considers the Struture-conduct performance and the efficient market hypotheses. The econometric findings contrast with the prevalent view in the literature that...

Persistent link: https://www.econbiz.de/10005357564

The Strategic Use of Tying to Preserve and Create Market Power in Evolving Industries.

Carlton, D.W.; Waldman, M. - George J. Stigler Center for the Study of the Economy … - 1998

This paper investigates how the tying of complementary products can be used to both preserve and extend monopoly positions. We first show how a firm that is a monopolist of a product in the current period can use tying to preserve its monopoly position in future periods. We then show using...

Persistent link: https://www.econbiz.de/10005245422

Assessing Competition in Philippine Markets

Aldaba, Rafaelita M. - East Asian Bureau of Economic Research (EABER) - 2008

This paper reviews the current empirical literature on competition and market structure of Philippine industries. It shows that weak competition is one of the fundamental factors that explain limited growth, productivity, and employment in the economy. Philippine experience has shown that...

Persistent link: https://www.econbiz.de/10009365322

Banking competition in Africa: Subregional comparative studies

Fosu, Samuel - In: Emerging Markets Review 15 (2013) C, pp. 233-254

This paper examines the extent of banking competition in African subregional markets. A dynamic version of the Panzar–Rosse model is adopted beside the static model to assess the overall extent of banking competition in each subregional banking market over the period 2002 to 2009. Consistent...

Persistent link: https://www.econbiz.de/10010666222