Template-Type: ReDIF-Article 1.0
Author-Name: Anna S. Krupkina
Author-Email: krupkina_anna@mail.ru
Author-Workplace-Name: National Research University Higher School of Economics, Moscow 101000, Russia
Title: Modeling of Financial Innovations in Banking Sector
Abstract: Innovative financial services foster both financial and real sector development. The research paper introduces multiperiod model of financial innovations, based on Harold HotellingХs approach (model of a linear city). This model allows to identify factors incentivizing banks for creation new quality services and to comprehend what consumer groups are able to enhance innovative activity of banks.
Classification-JEL: G21, O31
Keywords: financial innovation, Hotelling model, innovator, imitator
Journal: Finansovyj žhurnal — Financial Journal
Pages: 91-100
Issue: 1
Year: 2014
Month: March
File-URL: http://www.nifi.ru/images/FILES/Journal/Archive/2014/1/10_1_2014.pdf
File-Format: Application/pdf
Handle: RePEc:fru:finjrn:140110:p:91-100