overall cost of services do not exceed - as rule - their price. This approachis intended not only to make agreements more …

charters from episodes of financial distress, and they also have an incentive to increase risk to exploit the cost … relationship to size requires untangling cost and profit from decisions about risk versus expected return because both cost and … higher levels of risk-taking. Studies of commercial banking cost that ignore endogenous risk-taking find little evidence of …

from the cross-section efficiency literature. Our most striking result is that during 1991-1997, cost productivity worsened … additional services or higher service quality that raised costs but also raised revenues by more than the cost increases. The …

. Most of the potential reduction in labor cost appears to be coming from possible downsizing the clerical and subordinate …

rates, and then estimate cost and profit functions to examine how smoothing affects bank costs and profits.<p> <p …