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Pricing payment cards
Bedre-Defolie, Özlem; Calvano, Emilio - 2009
In a payment card association such as Visa, each time a consumer pays by card, the bank of the merchant (acquirer) pays an interchange fee (IF) to the bank of the cardholder (issuer) to carry out the transaction. This paper studies the determinants of socially and privately optimal IFs in a card...
Persistent link: https://www.econbiz.de/10011605185
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Micro-based evidence of EU competitiveness: the CompNet database
Lopez-Garcia, Paloma; di Mauro, Filippo; Benatti, Nicola; … - 2014
developed research infrastructure. Beyond aggregate information available from industry statistics of Eurostat or EU KLEMS, the … paper provides information on the distribution of firms across several dimensions related to competitiveness, e ….g. productivity and size. The database comprises so far 11 countries, with information for 58 sectors over the period 1995-2011. The …
Persistent link: https://www.econbiz.de/10011605679
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Micro-Based Evidence of EU Competitiveness : The CompNet Database
Lopez-Garcia, Paloma - 2014
developed research infrastructure. Beyond aggregate information available from industry statistics of Eurostat or EU KLEMS, the … paper provides information on the distribution of firms across several dimensions related to competitiveness, e ….g. productivity and size. The database comprises so far 11 countries, with information for 58 sectors over the period 1995-2011. The …
Persistent link: https://www.econbiz.de/10013060041
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Pricing Payment Cards
Bedre-Defolie, Özlem - 2012
Payment card networks, such as Visa, require merchants' banks to pay substantial quot;interchangequot; fees to cardholders' banks, on a per transaction basis. This paper shows that a network's profit-maximizing fee induces an inefficient price structure, over-subsidizing card usage and...
Persistent link: https://www.econbiz.de/10012755032