Showing 1 - 4 of 4
In this article, we survey the recent theoretical literature on payment cards and study their implications for public policy. Payment card networks have faced regulatory scrutiny in several countries regarding the setting of various fees including interchange fees fees paid by the merchant's...
Persistent link: https://www.econbiz.de/10005101797
The three main measures of competition (HHI, Lerner Index, and H-Statistic) are uncorrelated for U.S. banks. We … investigate why this occurs, propose a frontier measure of competition, and apply it to five major bank service lines using data … only available since 2008. Fee-based banking services comprise 35% of bank revenues so assessing competition by service …
Persistent link: https://www.econbiz.de/10010596088
, it is important to maintain competition among payment service providers but data available to gauge the degree of … competition are quite limited. We propose and implement a frontierbased method to assess relative competition in bank …
Persistent link: https://www.econbiz.de/10010711999
Efficient payment services underpin the smooth operation of the economy. Competition and innovation are key drivers for … determinants that affect pricing, competition and the incentives to innovate in the payment market. While the payment landscape is …
Persistent link: https://www.econbiz.de/10010822696