6533b7d7fe1ef96bd12683c5

RESEARCH PRODUCT

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

Juan Carlos ReboredoJuan Carlos ReboredoLuis Granero

subject

MicroeconomicsCompetition (economics)Economics and EconometricsCommercebusiness.industryRetail bankingContext (language use)businessPreference

description

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.

https://doi.org/10.1080/13504850500378098