Payment systems and interchange fees

Journal of Industrial Economics

Volumn 50, Issue 2, 2002, Pages 103-122

  Schmalensee, Richard ^a  

^a MASSACHUSETTS INSTITUTE OF TECHNOLOGY   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 0036000477     PISSN: 00221821     EISSN: None     Source Type: Journal    
DOI: 10.1111/1467-6451.00170     Document Type: Review

References (24)

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2. Baxter, W.F., 1983, 'Bank Interchange of Transactional Paper: Legal and Economic Perspectives', Journal of Law and Economics, 26, pp. 541-588.
3. Carlton, D.W. and Frankel, A.S., 1995a, 'The Antitrust Economics of Credit Card Networks', Antitrust Law Journal, 63, pp. 643-668.
4. Carlton, D.W. and Frankel, A.S., 1995b, 'The Antitrust Economics of Credit Card Networks: Reply to Evans and Schmalensee Comment', Antitrust Law Journal, 63, pp. 903-915.
5. Chang, H.H. and Evans, D.S., 2000, 'The Competitive Effects of the Collective Setting of Interchange Fees by Payment Card Systems', Antitrust Bulletin, 45, pp. 641-677.
6. Competition Directorate-General, European Commission, 2000, 'Commission Plans to Clear Certain Visa Provisions, Challenge Others', Press Release IP/00/ 1164, October 16.
7. Dixit, A.K., 1986, 'Comparative Statics for Oligopoly', International Economic Review, 27, pp. 107-122.
8. Evans, D.S. and Schmalensee, R.L., 1993, The Economics of the Payment Card Industry (National Economic Research Associates, Cambridge, MA).
9. Evans, D.S. and Schmalensee, R.L., 1995, 'Economic Aspects of Payment Card Systems and Antitrust Policy Toward Joint Ventures', Antitrust Law Journal, 63, pp. 861-901.
10. Evans, D.S. and Schmalensee, R.L., 1999, Paying with Plastic (MIT Press, Cambridge, MA).
11. Evans, D.S., Schmalensee, R.L. and Chang, H., 1998, 'Some Economic Principles for Guiding Antitrust Policy Towards Joint Ventures', Columbia Business Law Review, pp. 223-329.
12. Faulkner & Gray, 1999, Debit Card Directory, 1999 Edition (Faulkner & Gray, Inc., New York).
13. Frankel, A.S., 1998, 'Monopoly and Competition in the Supply and Exchange of Money', Antitrust Law Journal, 66, pp. 313-361.
14. Hehir, G., 2000, 'Politics & Economy: EU Launches Investigation of Visa Practices-Regulators Say Certain Fees May Violate Antitrust Rules', Wall Street Journal Europe, October 17.
15. Holmstrom, B., 1982, 'Moral Hazard in Teams', Bell Journal of Economics, 13, pp. 324-340.
16. Jessup, P., 1967, The Theory and Practice of Nonpar Banking (Northwestern University Press, Evanston).
17. Kim, J., 1998, 'The Impact of Proprietary Positions and Equity Interest in the Pricing of Network ATM Services', chapter in unpublished dissertation, Department of Economics, Massachusetts Institute of Technology, Cambridge.
18. Reserve Bank of Australia and Australian Competition and Consumer Commission, 2000, 'Debit and Credit Card Schemes in Australia: A Study of Interchange Fees and Access,' mimeo, Canberra.
19. Rochet, J.-C. and Tirole, J., 2000, 'Cooperation Among Competitors: The Economics of Payment Card Associations', mimeo, University of Toulouse.
20. Schmalensee, R., 1976, 'A Model of Promotional Competition in Oligopoly', Review of Economic Studies, 43, pp. 493-507.
21. Schwartz, M. and Vincent, D.R., 2000, 'The No Surcharge Rule in Electronic Payments Markets: A Mitigation of Pricing Distortions?', mimeo, Georgetown University.
22. Small, J. and Wright, J., 2000, 'Decentralized Interchange Fees in Open Payment Networks: An Economic Analysis', mimeo, NECG and University of Auckland.
23. Spahr, W., 1926, The Clearing and Collection of Checks (The Bankers Publishing Co., New York).
24. Wright, J., 2000, 'An Economic Analysis of a Card Payment Network', mimeo, NECG and University of Auckland.