Автор |
Salop, Steven C. |
Дата выпуска |
1990 |
dc.description |
The development of shared ATM networks raises important issues of competition, cooperation and standardization. Sharing necessarily involves cooperation among competing ATM owners and card issuing financial institutions. Networks adopt rules that regulate members' pricing decisions also involve issues of standardization and competition. In particular, most networks make ATM owners sell at wholesale by mandating of interchange fees to replace retail market competition among ATM owners. Networks argue that these rules are necessary to present consumers with a standardized product instead of the chaos of the marketplace and to maintain the integrity of the complementary products offered by members. These are, of course, similar to the standardization and compatibility issues raised in other networks contexts. The paper analyzes the need for this system of fixed interchange fees and sets out a proposal to replace the current system with free market price competition by ATM owners. |
Формат |
application.pdf |
Издатель |
OPA (Overseas Publishers Association) |
Копирайт |
Copyright Taylor and Francis Group, LLC |
Тема |
shared ATM networks |
Тема |
fixed interchange fees |
Тема |
standardization |
Тема |
free market |
Название |
Deregulating Self-Regulated Shared Atm Networks |
Тип |
research-article |
DOI |
10.1080/10438599000000005 |
Electronic ISSN |
1476-8364 |
Print ISSN |
1043-8599 |
Журнал |
Economics of Innovation and New Technology |
Том |
1 |
Первая страница |
85 |
Последняя страница |
96 |
Аффилиация |
Salop, Steven C.; Georgetown University |
Выпуск |
1-2 |
Библиографическая ссылка |
Baxter, W.F. 1983. Bank Interchange of Transactional Paper: Legal and Economic Perspectives. Journal of Law and Economics, |
Библиографическая ссылка |
Beales, H., Craswell, R. and and S, Salop. 1981. The Efficient Regulation of Consumer Information. Journal of Law and Economics, 24 |
Библиографическая ссылка |
Felgran, S.D. 1984. Shared ATM Networks: Market Structure and Public Policy. New England Economic Review, January/February: 23–38. |
Библиографическая ссылка |
Felgran, S.D. 1985. From ATM to POS Networks: Branching, Access and Pricing. New England Economic Review, May/June: 44–60. |
Библиографическая ссылка |
Kauper, T. 1988. Opinion of the Arbitrator. in the Matter of the Arbitration Between First Texas Savings Association and Financial Interchange, Inc., August 19: 340–373. 1988 reprinted in BNA, Antitrust and Trade Reporter. 55 (August 25) |
Библиографическая ссылка |
Phillips, A. 1987. “The Role of Standardization in Shared Bank Card Systems”. In H.L. Gabel, Product Standardization and Competitive Strategy, 263–273. New York: North Holland. |
Библиографическая ссылка |
Salop, S.C. 1979. Monopolistic Competition with Outside Goods. Bell Journal of Economics, 10: 141–156. |
Библиографическая ссылка |
Spence, A.M. 1976. Product Selection, Fixed Costs and Monopolistic Competition. Review of Economic Studies, 43: 217–236. |