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An economic analysis of the 2011 settlement between the department of justice and credit card networks
Schuh, Scott; Shy, Oz; Stavins, Joanna; Triest, Robert K. - In: Journal of competition law & economics 8 (2012) 1, pp. 107-144
Persistent link: https://www.econbiz.de/10009530754
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An economic analysis of the 2010 proposed settlement between the department of justice and credit card networks
Schuh, Scott; Shy, Oz; Stavins, Joanna; Triest, Robert K. - 2011 - This version: July 8, 2011
In 2010, the Department of Justice (DOJ) filed a lawsuit against the credit card networks American Express, MasterCard, and Visa for alleged antitrust violations. We evaluate the extent to which the recently proposed settlement between the DOJ and Visa and MasterCard (henceforth, "Proposed...
Persistent link: https://www.econbiz.de/10009231446
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Who gains and who loses from credit card payments? : theory and calibrations
Schuh, Scott; Shy, Oz; Stavins, Joanna - 2010
Merchant fees and reward programs generate an implicit monetary transfer to credit card users from non-card (or "cash") users because merchants generally do not set differential prices for card users to recoup the costs of fees and rewards. On average, each cash-using household pays $149 to...
Persistent link: https://www.econbiz.de/10008657939
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Costs and benefits of building faster payment systems : the UK experience
Greene, Claire; Rysman, Marc; Schuh, Scott; Shy, Oz - 2018 - This version: March 1, 2018
Persistent link: https://www.econbiz.de/10012390218
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Costs and benefits of building faster payment systems: the U.K. experience and implications for the United States
Greene, Claire; Rysman, Marc; Schuh, Scott; Shy, Oz - Federal Reserve Bank of Boston - 2014
This paper studies the economic cost-benefit analysis behind the decision by the United Kingdom on how to implement its Faster Payments Service (FPS), which allows consumers and businesses to rapidly transfer money between bank accounts, and draws implications for the U.S. payments system.
Persistent link: https://www.econbiz.de/10011147066
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An economic analysis of the 2010 proposed settlement between the Department of Justice and credit card networks
Schuh, Scott; Shy, Oz; Stavins, Joanna; Triest, Robert - Federal Reserve Bank of Boston - 2011
In 2010, the Department of Justice (DOJ) filed a lawsuit against the credit card networks American Express, MasterCard, and Visa for alleged antitrust violations. We evaluate the extent to which the recently proposed settlement between the DOJ and Visa and MasterCard (henceforth, "Proposed...
Persistent link: https://www.econbiz.de/10009221512
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Who gains and who loses from credit card payments?: theory and calibrations
Schuh, Scott; Shy, Oz; Stavins, Joanna - Federal Reserve Bank of Boston - 2010
Merchant fees and reward programs generate an implicit monetary transfer to credit card users from non-card (or “cash”) users because merchants generally do not set differential prices for card users to recoup the costs of fees and rewards. On average, each cash-using household pays $151 to...
Persistent link: https://www.econbiz.de/10008598662
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Who gains and who loses from credit card payments? Theory and calibrations
Schuh, Scott; Shy, Oz; Stavins, Joanna - 2010
Merchant fees and reward programs generate an implicit monetary transfer to credit card users from non-card (or cash) users because merchants generally do not set differential prices for card users to recoup the costs of fees and rewards. On average, each cash-using household pays $149 to...
Persistent link: https://www.econbiz.de/10010282764
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An economic analysis of the 2010 proposed settlement between the department of justice and credit card networks
Schuh, Scott; Shy, Oz; Stavins, Joanna; Triest, Robert - 2011
In 2010, the Department of Justice (DOJ) filed a lawsuit against the credit card networks American Express, MasterCard, and Visa for alleged antitrust violations. We evaluate the extent to which the recently proposed settlement between the DOJ and Visa and MasterCard (henceforth, Proposed...
Persistent link: https://www.econbiz.de/10010282782