The financial and payment services are vital to the economy and daily life. Regulatory decisions—both whether to regulate and how—play a central role in shaping the competitive dynamics within these markets. Healthy and fair competition can foster innovation, lower costs, and improve service quality for consumers. Despite its importance, research on effective regulation to promote competition in Thailand’s financial and payment services remains limited.

1. Developing a theoretical framework that guide mechanism design of optimal regulations — when and how to regulate — and comparing different regulatory choices for the context of financial and payment services sector in Thailand.
2. Empirically examining the relationship between levels of market competition, and outcomes such as pricing, service quality, and innovation.
3. Benchmarking Thailand banking competition with other industries or international experiences.