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While airport aeronautical charges are traditionally aircraft weight related, currently an increasing share of … aeronautical airport revenues is derived from passenger related charges. This paper compares the optimal mix of per-passenger and … per-flight based (cost recovering) airport charges from the carriers' and the social viewpoints when carrier markets are …
Persistent link: https://www.econbiz.de/10012982268
Even though there has been an enormous growth of literature on two-sided markets over the last decade, there remains a significant need for a deeper understanding of the determination of (i) privately and of (ii) socially optimized payment card network pricing . Thus in this paper I explore the...
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In this study, a multi-party payment card network model is constructed to explore the determination of merchant and interchange fees, thereby extending Langlet's (2009) observation of unitary payment systems. The focus of this analysis was on the impact of consumer price elasticity, the relative...
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In this paper we empirically address the issue of whether reductions in card payment interchange fees have a significant impact on prices paid by consumers. The answer to this question is at the core of most competition policy cases and regulations that have been applied to card payment markets....
Persistent link: https://www.econbiz.de/10014281326
We show that the trading-fee breakdown (fee pricing) depends on the distribution of investor gains-from-trade relative to the tick size. Absent price discreteness, an increase in investor gains-from-trade increases the total fee proportionally, but the fee breakdown has no effect. With price...
Persistent link: https://www.econbiz.de/10014361978
per-passenger subsidies are not feasible under “dual pricing (choosing per-flight and per-passenger charges)”, “single … optimal per-passenger charges to become negative. We find that, when per-passenger subsidies are not feasible, each single …
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