Antitrust & Competition Policy Blog

Editor: D. Daniel Sokol
University of Florida
Levin College of Law

Thursday, December 27, 2012

Endogeneous Risk in Monopolistic Competition

Posted by D. Daniel Sokol

Vladislav Damjanovic (Department of Economics, University of Exeter) addresses Endogeneous Risk in Monopolistic Competition.

ABSTRACT: We consider a model of financial intermediation with a monopolistic competition market structure. A non-monotonic relationship between the risk measured as a probability of default and the degree of competition is established.

| Permalink

TrackBack URL for this entry:

Listed below are links to weblogs that reference Endogeneous Risk in Monopolistic Competition :


Post a comment