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Financial Intermediation without Exclusivity

Author

Listed:
  • Tano Santos
  • Jose A. Scheinkman

Abstract

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Suggested Citation

  • Tano Santos & Jose A. Scheinkman, 2001. "Financial Intermediation without Exclusivity," American Economic Review, American Economic Association, vol. 91(2), pages 436-439, May.
    • Handle: RePEc:aea:aecrev:v:91:y:2001:i:2:p:436-439
    Note: DOI: 10.1257/aer.91.2.436
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    File URL: http://www.aeaweb.org/articles.php?doi=10.1257/aer.91.2.436
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    References listed on IDEAS

    as
    1. Alberto Bisin & Danilo Guaitoli, 2004. "Moral Hazard and Nonexclusive Contracts," RAND Journal of Economics, The RAND Corporation, vol. 35(2), pages 306-328, Summer.
    2. Richard Arnott & Joseph Stiglitz, 1993. "Price Equilibrium, Efficiency, And Decentralizability In Insurance Markets With Moral Hazard," Boston College Working Papers in Economics 254, Boston College Department of Economics.
    3. Tano Santos & Jose A. Scheinkman, 2001. "Competition among Exchanges," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 116(3), pages 1027-1061.
    4. Jack High (ed.), 2001. "Competition," Books, Edward Elgar Publishing, number 1751.
    Full references (including those not matched with items on IDEAS)

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    Cited by:

    1. Babus, Ana & Parlatore, Cecilia, 2022. "Strategic fragmented markets," Journal of Financial Economics, Elsevier, vol. 145(3), pages 876-908.
    2. Christian Espinosa-Méndez & Juan Gorigoitía & João Vieito, 2020. "Stock exchange mergers: a dynamic correlation analysis on Euronext," Portuguese Economic Journal, Springer;Instituto Superior de Economia e Gestao, vol. 19(2), pages 81-98, May.
    3. Hellström, Jörgen & Liu, Yuna & Sjögren, Tomas, 2013. "Stock exchange mergers and return co-movement: A flexible dynamic component correlations model," Economics Letters, Elsevier, vol. 121(3), pages 511-515.

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    JEL classification:

    • G00 - Financial Economics - - General - - - General

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