Matches in SemOpenAlex for { <https://semopenalex.org/work/W2118046516> ?p ?o ?g. }
- W2118046516 abstract "We examine the impact of the entry of new mutual funds on incumbents using the overlap in their portfolio holdings as a measure of competitive intensity. This simple metric delivers powerful economic results. Incumbents that have a high overlap with entrants subsequently engage in price competition by reducing management fees. Distribution fees, however, rise so that investors do not benefit as much from price competition. Funds with high overlap also experience quantity competition through lower investor flows, have lower alphas, and higher attrition rates. These effects only appear after the late 1990s, at which point there appears to be an endogenous structural shift in the competitive environment. We conclude that the mutual fund market has evolved into one that displays the hallmark features of a competitive market." @default.
- W2118046516 created "2016-06-24" @default.
- W2118046516 creator A5066562686 @default.
- W2118046516 creator A5087505576 @default.
- W2118046516 date "2010-03-01" @default.
- W2118046516 modified "2023-09-24" @default.
- W2118046516 title "Competition Among Mutual Funds" @default.
- W2118046516 cites W1578309824 @default.
- W2118046516 cites W1598403245 @default.
- W2118046516 cites W1972703825 @default.
- W2118046516 cites W1979736647 @default.
- W2118046516 cites W2018669404 @default.
- W2118046516 cites W2020453707 @default.
- W2118046516 cites W2025813918 @default.
- W2118046516 cites W2047212489 @default.
- W2118046516 cites W2053511614 @default.
- W2118046516 cites W2067022684 @default.
- W2118046516 cites W2112341467 @default.
- W2118046516 cites W2136120210 @default.
- W2118046516 cites W2143173505 @default.
- W2118046516 cites W2165723500 @default.
- W2118046516 cites W2169645335 @default.
- W2118046516 cites W2252953284 @default.
- W2118046516 cites W3121175634 @default.
- W2118046516 cites W3121661561 @default.
- W2118046516 cites W3121685847 @default.
- W2118046516 cites W3122111546 @default.
- W2118046516 cites W3122305625 @default.
- W2118046516 cites W3123700708 @default.
- W2118046516 cites W3124207166 @default.
- W2118046516 cites W3124277734 @default.
- W2118046516 cites W3124431622 @default.
- W2118046516 cites W3124992893 @default.
- W2118046516 cites W3125496416 @default.
- W2118046516 cites W608765031 @default.
- W2118046516 hasPublicationYear "2010" @default.
- W2118046516 type Work @default.
- W2118046516 sameAs 2118046516 @default.
- W2118046516 citedByCount "18" @default.
- W2118046516 countsByYear W21180465162012 @default.
- W2118046516 countsByYear W21180465162013 @default.
- W2118046516 countsByYear W21180465162014 @default.
- W2118046516 countsByYear W21180465162015 @default.
- W2118046516 countsByYear W21180465162016 @default.
- W2118046516 crossrefType "posted-content" @default.
- W2118046516 hasAuthorship W2118046516A5066562686 @default.
- W2118046516 hasAuthorship W2118046516A5087505576 @default.
- W2118046516 hasConcept C10138342 @default.
- W2118046516 hasConcept C144133560 @default.
- W2118046516 hasConcept C162324750 @default.
- W2118046516 hasConcept C175444787 @default.
- W2118046516 hasConcept C18903297 @default.
- W2118046516 hasConcept C199343813 @default.
- W2118046516 hasConcept C2524010 @default.
- W2118046516 hasConcept C2777064782 @default.
- W2118046516 hasConcept C2780553607 @default.
- W2118046516 hasConcept C2780821815 @default.
- W2118046516 hasConcept C28719098 @default.
- W2118046516 hasConcept C33923547 @default.
- W2118046516 hasConcept C40700 @default.
- W2118046516 hasConcept C556758197 @default.
- W2118046516 hasConcept C71924100 @default.
- W2118046516 hasConcept C86803240 @default.
- W2118046516 hasConcept C91306197 @default.
- W2118046516 hasConceptScore W2118046516C10138342 @default.
- W2118046516 hasConceptScore W2118046516C144133560 @default.
- W2118046516 hasConceptScore W2118046516C162324750 @default.
- W2118046516 hasConceptScore W2118046516C175444787 @default.
- W2118046516 hasConceptScore W2118046516C18903297 @default.
- W2118046516 hasConceptScore W2118046516C199343813 @default.
- W2118046516 hasConceptScore W2118046516C2524010 @default.
- W2118046516 hasConceptScore W2118046516C2777064782 @default.
- W2118046516 hasConceptScore W2118046516C2780553607 @default.
- W2118046516 hasConceptScore W2118046516C2780821815 @default.
- W2118046516 hasConceptScore W2118046516C28719098 @default.
- W2118046516 hasConceptScore W2118046516C33923547 @default.
- W2118046516 hasConceptScore W2118046516C40700 @default.
- W2118046516 hasConceptScore W2118046516C556758197 @default.
- W2118046516 hasConceptScore W2118046516C71924100 @default.
- W2118046516 hasConceptScore W2118046516C86803240 @default.
- W2118046516 hasConceptScore W2118046516C91306197 @default.
- W2118046516 hasLocation W21180465161 @default.
- W2118046516 hasOpenAccess W2118046516 @default.
- W2118046516 hasPrimaryLocation W21180465161 @default.
- W2118046516 hasRelatedWork W1919242492 @default.
- W2118046516 hasRelatedWork W2021075981 @default.
- W2118046516 hasRelatedWork W2025813918 @default.
- W2118046516 hasRelatedWork W2033772453 @default.
- W2118046516 hasRelatedWork W2105177794 @default.
- W2118046516 hasRelatedWork W2116694608 @default.
- W2118046516 hasRelatedWork W2118205861 @default.
- W2118046516 hasRelatedWork W2118475506 @default.
- W2118046516 hasRelatedWork W2118989259 @default.
- W2118046516 hasRelatedWork W2135542628 @default.
- W2118046516 hasRelatedWork W2137600573 @default.
- W2118046516 hasRelatedWork W2143139512 @default.
- W2118046516 hasRelatedWork W2143173505 @default.
- W2118046516 hasRelatedWork W2157730637 @default.
- W2118046516 hasRelatedWork W2165723500 @default.
- W2118046516 hasRelatedWork W2169645335 @default.