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The Impact of Digital Currency Innovation: Risk Spillover Effects Between the Cryptocurrency and Traditional Financial Markets. [PDF]
Zhuang L, Liu Y.
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Equilibrium with arbitrary market structure [PDF]
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Grodal, Birgit, Vind, Karl
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Market Structure and Market Value
The Journal of Business, 1985While the use of market models to determine the sources of economic profits is quite new, at least two empirical studies considering the market structure and market value relation have appeared to date. Interestingly, they conflict. Thomadakis (1977) found a close positive relation between the four-firm concentration ratio and relative excess valuation,
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Market structure and information in payment card markets
International Journal of Automation and Computing, 2010This paper investigates the market structure of the payment card market with consumers and merchants basing their subscription decisions on various information sets.We find that the market structure depends crucially on this information set, where we observe that a market with few cards dominating only emerges when decisions are based on very limited ...
Biliana Alexandrova-Kabadjova +2 more
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Market Structure and the Firm's Market Power
The Journal of Industrial Economics, 1972There exist many possible approaches to study the rational policy of the firm holding some degree of market power. One such general approach includes the numerous oligopoly models which view each firm within a given market structure as recognizing the interdependence between its own actions and the actions of its rivals. Within this line of attack, the
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