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 Baxter’s 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 Visa’s 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

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Bergman, Mats A.
  • Sveriges Riksbank

Entstanden

  • 2005

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