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- W2353803348 abstract "The authors establish an incomplete information Bertrand duopoly model to forecast the essential influence on the equilibrium profit of state-owned commercial bank and the social welfare from the variety of the expectation by foreign bank,when the state-owned commercial bank has the information advantage about the status of saving market.We find that the equilibrium interest rate of the state-owned commercial bank would set down lower,as the expectation probability for the appearing of high spontaneous deposit rises.The equilibrium profit of state-owned commercial bank and the social welfare will increase when the foreign bank has the optimistic expectation for the status of saving market.The information advantage of state-owned commercial bank could become the competition advantage." @default.
- W2353803348 created "2016-06-24" @default.
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- W2353803348 date "2011-01-01" @default.
- W2353803348 modified "2023-09-22" @default.
- W2353803348 title "Interest Competition,Market Expectation and the Competition Advantage of State-owned Commercial Bank: Analysis Based on the Incomplete Information Bertrand Mixed Oligopoly Model" @default.
- W2353803348 hasPublicationYear "2011" @default.
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