A New Measure of Competition in the Financial Industry

Author : Jacob Bikker,Michiel , Corporate Strategy and Policy, Amsterdam, the Netherlands) van Leuvensteijn

Hardback

Published : Thursday 28 August 2014

ISBN : 9780415870405

Price : €163.80

Description

Competition is of key importance for the welfare of consumers and producers, particularly in the financial industry where competition is hampered by the opaqueness typical of financial products. However, in practice, the measurement of competition in financial markets is still a puzzle for the economic literature and for business analysts.This book introduces and explains a relatively new approach, the PCS indicator, through its application to 46 countries.

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