Krueger, Malte (2009): The Pricing of Payments.
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The pricing of payments has received increasing attention of regulators. In many cases, regulators are concerned that consumers do not face cost based prices. They argue that without cost based prices consumers will make inefficient choices. In this paper, it is argued that both, economics of scale and the particular laws governing pricing in two-sided markets provide a case against cost based pricing.
|Item Type:||MPRA Paper|
|Original Title:||The Pricing of Payments|
|Keywords:||Two-sided markets, interchange fees, surcharging, pricing strategies|
|Subjects:||L - Industrial Organization > L1 - Market Structure, Firm Strategy, and Market Performance > L14 - Transactional Relationships; Contracts and Reputation; Networks
E - Macroeconomics and Monetary Economics > E4 - Money and Interest Rates > E42 - Monetary Systems; Standards; Regimes; Government and the Monetary System; Payment Systems
L - Industrial Organization > L4 - Antitrust Issues and Policies > L41 - Monopolization; Horizontal Anticompetitive Practices
|Depositing User:||Malte Krueger|
|Date Deposited:||03. Sep 2010 14:30|
|Last Modified:||16. Feb 2013 02:33|
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