Showing 31 - 40 of 660,708
The provision of retail payment services is complex with many participants engaging in a series of interrelated bilateral transactions and subject to large economies of scale and scope along with strong adoption, usage and network externalities. This makes sound public policy difficult. We focus...
Persistent link: https://www.econbiz.de/10013113006
This paper studies the aggregate and distributional implications of introducing tuition fees for public education services into a tax system with income and consumption taxes. The setup is a neoclassical growth model where agents differ in capital holdings. We show that the introduction of...
Persistent link: https://www.econbiz.de/10012985448
When firms' shrouding of charges, as in Gabaix and Laibson (2006), meets with consumers' salient thinking, as in … quality beyond what would be cost efficient. As more intense shopping leads to a greater “pass through” of shrouded charges … policy. While in our model all consumers are potential victims of salient thinking and shrouded charges, salient thinking …
Persistent link: https://www.econbiz.de/10012992314
In the past two decades, pricing research has paid increasing attention to instances where a product's price is divided into a base price and one or more mandatory surcharges, a practice termed partitioned pricing. Recently, partitioned pricing strategies in the marketplace have become more...
Persistent link: https://www.econbiz.de/10012707342
Persistent link: https://www.econbiz.de/10013185674
Persistent link: https://www.econbiz.de/10012808074
Capacity-based interconnection (CBI) prices vary exactly with the costs a network provider incurs when supplying an interconnecting party. That is, they equal incremental costs, rather than being averaged over any output measure. We argue such prices (1) are as practicable and more efficient...
Persistent link: https://www.econbiz.de/10012715496
The pricing of payments has received increasing attention of regulators. In many cases, regulators are concerned that consumers do not face cost based prices. They argue that without cost based prices consumers will make inefficient choices. In this paper, it is argued that both, economics of...
Persistent link: https://www.econbiz.de/10010207059
Persistent link: https://www.econbiz.de/10012251076
Persistent link: https://www.econbiz.de/10011718669