Consumer choice and merchant acceptance of payment media

We study the ability of banks and merchants to influence the consumer's payment instrument choice. Consumers participate in payment card networks to insure themselves against three types of shocks

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Year of publication:	2008
Authors:	Bolt, Wilko ; Chakravorti, Sujit
Publisher:	Chicago, IL : Federal Reserve Bank of Chicago
Subject:	- Retail Financial Services \| Network Effects \| Social Welfare \| Multihoming \| Payment Card Networks

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Series:	Working Paper ; 2008-11
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Working Paper
Language:	English
Other identifiers:	588380490 [GVK] hdl:10419/70597 [Handle]
Classification:	L11 - Production, Pricing, and Market Structure Size; Size Distribution of Firms ; G21 - Banks; Other Depository Institutions; Mortgages ; D53 - Financial Markets
Source:	EconStor

Persistent link: https://www.econbiz.de/10010292203