This Chapter provides a survey of the economics literature on multi-sided platforms with
particular focus on competition policy issues, including market definition, mergers …

Using transaction-level data from a three-day shopping diary, we estimate a model of
consumer payment instrument choice that disentangles the effect of merchant card …

This paper uses discrete-choice models to quantify the role of consumer socioeconomic
characteristics, payment instrument attributes, and transaction features on the probability of …

In many countries around the world, electronic card-based payments have been replacing
older types of payments at a rapid rate. In the United States, use of both debit cards and …

Following the implementation of the European Commission's Multilateral Interchange Fee
Regulation in 2015, interchange fees in the European card payments market recorded their …

As in many developing economies, cash is still widely used in Colombia, even among
merchants who accept payment cards. Indeed, 60% of these merchants use dissuasive …

Public authorities have recently intervened in the US payment card industry to address
controversy over the growing fees charged to merchants for processing debit card …

Using an error-correction style ARDL model and bounds tests for co-integration, we examine
the impact of credit card reform on the relationship between credit card interest rates and …

中国的银行卡支付平台具有非对称性弱双边市场特征, 收单市场网络规模的扩张引起持卡用户
基础的显著增加, 而类似的交叉网络外部效应反过来并不明显. 在中国银行卡市场的早期阶段 …

This paper presents a model for the credit card industry, where oligopolistic card networks
price their products in a complex marketplace with competing payment instruments, rational …