Externalities in Payment Card Networks: Theory and Evidence

被引：0
|
作者：
Chakravorti, Sujit [1 ]
机构：
[1] Fed Reserve Bank Chicago, Chicago, IL 60604 USA
来源：
REVIEW OF NETWORK ECONOMICS | 2010年 / 9卷 / 02期
关键词：
retail payments; payment networks; externalities; 2-SIDED MARKETS; CREDIT CARDS; INTERCHANGE FEES; COMPETITION; SYSTEMS; ECONOMICS; CASH;
D O I：
暂无
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
Payment cards continue to replace cash and checks in advanced economies. Along with the growth of payment card transactions has come greater scrutiny by public authorities of certain payment network rules along with the level of certain fees. This article reviews the growing payment card literature and discusses the impact of several regulatory interventions on card adoption, usage, and social welfare.
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页数：27
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