Competition among firms yields many benefits but can also encourage firms to engage in
corrupt or unethical activities. We argue that competition can lead organizations to provide …

Does too much competition in banking hurt society? What policies can best protect and
stabilize banking without stifling it? Institutional responses to such questions have evolved …

The 1994 Riegle‐Neal Act (RN) removed restrictions on branch‐network expansion for
banks in the United States. An important motivation was to facilitate geographic risk …

Consolidation of the Spanish banking sector after the financial crisis of 2008 raises concerns
about potential negative effects on competition. I use structural econometric methods to …

This chapter discusses recent developments in the literature involving applications of
industrial organization methods to finance. We structure our discussion around a simple …

Geographic dispersion of depositors, borrowers, and banks may prevent funding from
flowing to high loan demand areas, limiting credit access. Using bank-county-year level …

While many states have legalized medical cannabis, many unintended consequences
remain under‐studied. We focus on one potential detriment–the effect of cannabis …

Victor Aguirregabiria and Junichi Suzuki 1 intRoduction competition in retail markets is often
characterized by the importance of geographic location. the distance from a store to potential …

Disputes between retailers and manufacturers often result in the retailer delisting the
manufacturer's products, which dramatically alters competition in the retail market. When …

This paper studies the integration of deposit and loan markets, which may be constrained by
the geographic dispersion of depositors, borrowers, and banks. This dispersion results in …