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An Industrial Organization Analysis for the Colombian Banking System

Sandra
Rozo
Diego Mauricio
Vásquez
Dairo Ayiber
Estrada
Viernes, 1 Agosto 2008

This paper presents two versions of a spatial competition model for the banking sector. The first version, describes a framework that follows closely Salop?s spatial competition model. This version is modified in the second part by introducing the loan ma