Cooperative Sourcing: Simulation Studies and Empirical Data on Outsourcing Coalitions in the Banking Industry

More and more banks are deciding to merger business activities like payment processing or loans administration by founding joint transaction banks or credit factories. But under which circumstances will banks decide to outsource certain activites? What are the relevant drivers and inhibitors? What is the role of externalities and how can stable coalitions be established? What are the resulting market structure effects of cooperative sourcing activities?