Measures of competition and concentration in the banking industry: a review of the literature
Jacob A. Bikker, Katharina Haaf
Abstract
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Jacob A. Bikker, Katharina Haaf
Abstract
Open-access reader
Measures of concentration and competition are of vital importance for welfare-related public policy toward market structure and conduct in the banking industry. Theoretical characteristics of ten market concentration measures are discussed and numerical examples illustrate differences and similarities.
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Measures of concentration and competition are of vital importance for welfare-related public policy toward market structure and conduct in the banking industry. Theoretical characteristics of ten market concentration measures are discussed and numerical examples illustrate differences and similarities.
Key concepts: Oligopoly, Market structure, Market concentration, Competition (biology), Industrial organization, Welfare, Market competition, Economics