Competition and R&D in retail banking under expense preference behaviour

Luis Granero and Juan Reboredo

Applied Economics Letters, 2006, vol. 13, issue 1, 47-50

Abstract: Cost-reducing R&D activities are examined in the context of a retail banking sector where some entities exhibit an expense preference. The results reveal that the effects from R&D interact with the effects in the previous literature in shaping the equilibrium configuration.

Date: 2006
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DOI: 10.1080/13504850500378098

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