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The Economic Theory of Agrarian Institutions$
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Pranab Bardhan

Print publication date: 1991

Print ISBN-13: 9780198287629

Published to Oxford Scholarship Online: November 2003

DOI: 10.1093/0198287623.001.0001

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Interlinkages and the Pattern of Competition

Interlinkages and the Pattern of Competition

Chapter:
(p.243) 13. Interlinkages and the Pattern of Competition
Source:
The Economic Theory of Agrarian Institutions
Author(s):

Debraj Ray (Contributor Webpage)

Kunal Sengupta

Publisher:
Oxford University Press
DOI:10.1093/0198287623.003.0013

In this chapter, the authors make explicit the assumptions required for the frequent presumption of an ‘interlocker's edge’; and, given one or more of these assumptions, try to find out if the theory of interlinking predicts certain patterns of competition between lenders.

Keywords:   competition, interlinking, interlocker's edge, lenders, linear contracts, subgame‐perfect equilibrium

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