This paper investigates the impact on the network growth of the level of merchant discount, the level of Multilateral … Interchange Fee (MIF), and the consumers' and the merchants' awareness of positive network effects. In an artificial market, in … which issuers and acquirers belong to the same network, we simulate explicitly the interactions among consumers and …

I explore the effects of on-net / off-net differentiation on network sizes in mobile telecommunications when both … the network with the lowest expected cost of a call; (2) partly informed rational (PIR) consumers who only observe market … shares within a circular sensing field and choose the network with the lowest expected cost of a call based on these observed …