Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/178877 
Year of Publication: 
2015
Citation: 
[Journal:] Economic and Environmental Studies (E&ES) [ISSN:] 2081-8319 [Volume:] 15 [Issue:] 1 [Publisher:] Opole University, Faculty of Economics [Place:] Opole [Year:] 2015 [Pages:] 61-75
Publisher: 
Opole University, Faculty of Economics, Opole
Abstract: 
The oligopolistic structure of the open pension funds in Poland implies homogeneity of their behaviors on the market. In particular, it influences low competitive pressure between the funds. This Article draws attention to poor competitiveness of the funds, both in the area of price competition, and quality competition. Undoubtedly, besides from the market structure, also statutory regulations, especially investment limits had impact on this situation. One may not claim, though, that statutory regulations completely eliminated the possibility of competition between the funds. The purpose of this paper is to analyze the areas of competition between the funds and the possibility of increasing competitive pressure between them.
Subjects: 
open pension funds
competition on the OFEs' market
oligopoly
pension system
OFEs' investment policy
JEL: 
L44
J53
G23
K21
J0
Document Type: 
Article

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