We present a two-firm model of predation under complete information, based on different discount factors, and integrate it with a model of collusion. Competition, collusion and predation are seen as alternative strategies. The basic conclusions are that t

This paper analyzes the intensity of competition among commercial banks in Honduras during the period 2003-2012, through the calculation of a series of conduct parameters. We use three different approaches: an average of Lerner indices, a regression analysis that follows a...