A SIMPLE-MODEL OF SPATIAL BANKING COMPETITION

被引：2
|
作者：
WONG, KP [1 ]
CHAN, DK [1 ]
机构：
[1] UNIV BRITISH COLUMBIA,FAC COMMERCE & BUSINESS ADM,VANCOUVER V6T 1Z2,BC,CANADA
来源：
ECONOMICS LETTERS | 1993年 / 42卷 / 04期
关键词：
D O I：
10.1016/0165-1765(93)90091-P
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
This paper applies the financial intermediation and optimal contract theories to the standard Hotelling model. In it, we demonstrate that too little investment is undertaken and too much costly monitoring is involved in the unregulated banking industry. Thus, our model suggests a rationale for the government to regulate bank locations.
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页码：391 / 397
页数：7
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