An empirical analysis of payment card usage

Journal of Industrial Economics

Volumn 55, Issue 1, 2007, Pages 1-36

  Rysman, Marc ^a  

^a BOSTON UNIVERSITY   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 34147134399     PISSN: 00221821     EISSN: 14676451     Source Type: Journal    
DOI: 10.1111/j.1467-6451.2007.00301.x     Document Type: Article

References (40)

1. Armstrong, M., forthcoming, 'Competition in Two-Sided Markets,' RAND Journal of Economics.
2. Ausubel, L. M., 1991, 'The Failure of Competition in the Credit Card Market,' American Economic Review, 31, pp. 50-81.
3. Ausubel, L. M., 1999, 'Adverse Selection in Credit Card Markets,' unpublished manuscript, University of Maryland.
4. Baxter, W. F., 1983, 'Bank Interchange of Transactional Paper; Legal and Economic Perspectives,' Journal of Law and Economics, 26, pp. 541-588.
5. Berry, S. T., 1994, 'Estimation of Discrete Choice Models of Product Differentiation,' Rand Journal of Economics, 25, pp. 242-262.
6. Berry, S. T. and Waldfogel, J., 1999, 'Free Entry and Social Inefficiency in Radio Broadcasting,' RAND Journal of Economics, 30, pp. 397-420.
7. Caillaud, B. and Jullien, B., 2003, 'Chicken and Egg: Competition Among Intermediation Service Providers,' RAND Journal of Economics, 34, pp. 309-328.
8. Calem, P. S. and Mester, L. J., 1995, 'Consumer Behavior and the Stickiness of Credit-Card Interest Rates,' American Economic Review, 85, pp. 1327-1336.
9. Carrow, K. A. and Staten, M. E., 1999, 'Debit, Credit, or Cash: Survey Evidence on Gasloline Purchases,' Journal of Economics and Business, 51, pp. 409-421.
10. Chakravorti, S. and Roson, R., 2004, 'Platform Competition in Two-Sided Markets: The Case of Payment Networks,' Federal Reserve Bank of Chicago Working Paper WP2004-09.
11. Chen, Y. and Steckel, J. H., 2004, 'Modeling Credit Card "Share of Wallet": Solving The Incomplete Information Problem,' unpublished manuscript, Kaufman Management Center, New York University.
12. Cruikshank, D., 2000, Competition in UK Banking: A Report to the Chancellor of the Exchequer, Her Majesty's Treasury, United Kingdom.
13. Doganoglu, T. and Wright, J., 2006, 'Multihoming and Compatibility,' International Journal of Industrial Organization, 24, pp. 45-67.
14. Evans, D. S., 2003a, 'The Antitrust Economics of Multi-Sided Platform Markets,' Yale Journal of Regulation, 20, pp. 325-382.
15. Evans, D. S., 2003b, 'Some Empirical Aspects of Multi-Sided Platform Industries,' Review of Network Economics, 2, pp. 191-209.
16. Farrell, J. and Saloner, G., 1985, 'Standardization, Compatability, and Innovation,' RAND Journal of Economics, 16, pp. 70-83.
17. Gandal, N.; Kende, M. and Rob, R., 2000, 'The Dynamics of Technological Adoption in Hardware/Software Systems: The Case of Compact Disc Players,' RAND Journal of Economics, 31, pp. 43-61.
18. Gross, D. B. and Souleles, N. S., 2002, 'An Empirical Analysis of Personal Bankruptcy and Delinquency,' Review of Financial Studies, 15, pp. 319-347.
19. Hunt, R., 2003, 'An Introduction to the Economics of Payment Cards Networks,' Review of Network Economics, 2, pp. 79-96.
20. Hyytinen, A. and Takalo, T., 2004, 'Multihoming in the Market for Payment Media: Evidence from Young Finnish Consumers,' Research Institute of the Finnish Economy Discussion Paper 893.
21. Katz, M. L., 2005, 'What Do I Know about Interchange Fees and What Does It Mean for Public Policy?' Paper presented at Interchange Fees in Credit and Debit Card Industries: What Role For Public Authorities? Federal Reserve Bank of Kansas, 5 May, 2005.
22. Katz, M. L. and Shapiro, C., 1985, 'Network Externalities, Competition, and Compatibility,' American Economic Review, 75, pp. 424-440.
23. Kaiser, U. and Wright, J., 2006, 'Price Structure in Two-Sided Markets: Evidence from the Magazine Industry,' International Journal of Industrial Organization, 24, pp. 1-28.
24. Min, I. and Kim, J. -H., 2003, 'Modeling Credit Card Borrowing: A Comparison of Type I and Type II Tobit Approaches,' Southern Economic Journal, 70, pp. 128-143.
25. Reserve Bank of Australia, 2002, Reform of Credit Card Schemes in Australia IV: Final Reforms and Regulation Impact Statement.
26. Rochet, J. -C. and Tirole, J., 2002, 'Cooperation among Competitors: Some Economics of Payment Card Associations,' RAND Journal of Economics, 33, pp. 549-570.
27. Rochet, J. -C. and Tirole, J., 2003, 'Platform Competition in Two-Sided Markets,' Journal of the European Economic Association, 1, pp. 990-1029.
28. Rochet, J. -C. and Tirole, J., 2004, 'Two-Sided Markets: An Overview,' IDEI Working Paper #258.
29. Rohlfs, J., 1974, 'A Theory of Interdependent Demand for a Communications Service,' Bell Journal of Economics, 5, pp. 16-37.
30. Rosse, J. N., 1970, 'Estimating Cost Function Parameters Without Using Cost Data: Illustrated Methodology,' Econometrica, 38, pp. 256-275.
31. Rysman, M., 2004, 'Competition between Networks: A Study of the Market for Yellow Pages,' Review of Economic Studies, 71, pp. 483-512.
32. Schmalensee, R., 2002, 'Payment Systems and Interchange Fees,' Journal of Industrial Economics, 50, pp. 103-122.
33. Shy, O., 2001, The Economics of Network Industries, Cambridge University Press, Cambridge.
34. Snellman, J.; Vesala, J. and Humphrey, D., 2000, 'Substitution of Non-Cash Payment Instruments for Cash in Europe,' Bank of Finland Discussion Papers.
35. Stango, V., 2000, 'Competition and Pricing in the Credit Card Market,' Review of Economics and Statistics, 82, pp. 499-508.
36. Stango, V., 2002, 'Pricing with Consumer Switching Costs: Evidence from the Credit Card Market,' Journal of Industrial Economics, 50, pp. 475-492.
37. Wilson, R. B., 1993, Nonlinear Pricing, Oxford University Press, New York.
38. Wright, J., 2004, 'The Determinants of Optimal Interchange Fees in Payment Systems,' Journal of Industrial Economics, 52, pp. 1-26.
39. Wright, J., 2005, 'Why Do Firms Accept Credit Cards?' unpublished manuscript, National University of Singapore.
40. Zinman, J., 2006, 'Debit or Credit?' unpublished manuscript, Dartmouth College.