Arbeitspapier
A Welfare Ranking of Two-Sided Market Regimes
Two-sided network effects in card payment systems are analysed under different market structures, e.g., competition, one-sided monopoly, bilateral monopoly and duopoly; with and without an interchange fee; for the so-called Baxters case of non-strategic merchants. A partial ranking of market structures according to their welfare effects is provided. Some support is found for the policy adopted by the EU Commission in the competition law case concerning Visas interchange fees.
- Sprache
-
Englisch
- Erschienen in
-
Series: Sveriges Riksbank Working Paper Series ; No. 185
- Klassifikation
-
Wirtschaft
Banks; Depository Institutions; Micro Finance Institutions; Mortgages
Production, Pricing, and Market Structure; Size Distribution of Firms
Antitrust Policy and Public Enterprises, Nonprofit Institutions, and Professional Organizations
- Thema
-
Two-sided markets
card payments
payment systems
acquiring
issuing
market structure
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Bergman, Mats A.
- Ereignis
-
Veröffentlichung
- (wer)
-
Sveriges Riksbank
- (wo)
-
Stockholm
- (wann)
-
2005
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:41 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Bergman, Mats A.
- Sveriges Riksbank
Entstanden
- 2005