MEASURES OF BANKING COMPETITION AND CONVENIENCE: PROBLEMS REAL AND UNREAL,
Abstract
It is pointed out that the recent legislation and research on bank markets have not resolved the conflicts over the measurement of competition and convenience. 'Convenience' as used in the report refers to the 'convenience and needs' criterion found in bank merger and holding company statutes. The banking laws assign the regulatory agencies the task of answering unanswerable questions. Economic analysis places some of these questions in perspective. It cannot, however, resolve the problem created by having to make uncertain second-best choices. (Author)
Document Details
- Document Type
- Technical Report
- Publication Date
- Mar 01, 1967
- Accession Number
- AD0650004
Entities
People
- G. R. Hall
Organizations
- RAND Corporation