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Pricing Debit Card Payment Services; An IO Approach
Tieman, Alexander F.; Bolt, Wilko - International Monetary Fund (IMF) - 2003
This paper presents a theoretical framework for analyzing pricing structures in debit card schemes featuring cardholders, retailers, their respective banks, and a network routing switch. The network routing switch controls the electronic debit card network and is jointly owned by the banks. In...
Persistent link: https://www.econbiz.de/10005264130
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Social Welfare and Cost Recovery in Two-Sided Markets
Bolt, Wilko; Tieman, Alexander F. - International Monetary Fund (IMF) - 2005
Using a simple model of two-sided markets, we show that, in the social optimum, platform pricing leads to an inherent cost recovery problem. This result is driven by the positive externality of participation that users on either side of the market exert on the opposite side. The contribution of...
Persistent link: https://www.econbiz.de/10005825848
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Accounting best practices
Bragg, Steven M. - 2010 - 6th ed (Online-Ausg.)
Praise for Accounting Best Practices Sixth Edition "For a comprehensive, yet easy-to-read guide to fixing those all …-too-common shortcomings in your accounting department, look no further than this excellent book. Steve Bragg provides hundreds of fixes, many … Webster, CPA, Director of FinanceXenoPort, Inc. "This book is critical to running an efficient and accurate accounting …
Persistent link: https://www.econbiz.de/10012683463