duopoly Archives - Projects, Thesis, Dissertation, Project Reports

Links between securities settlement systems: oligopoly approach

This paper presents a duopoly model of the securities settlement industry. Because pooling a large amount of payments can help in using liquidity efficiently, issuers prefer systems where a large number of securities are issued. If the central securities depositories establish a

Quality provision in duopoly

This dissertation comprises three essays revisiting the classical topic of quality provision in a duopoly. Two essays consider a situation in which consumers cannot identify the origin of an individual product but observe or infer the average quality of the units brought

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