What is in it for us? Network effects and bank payment innovation
Tài liệu tham khảo
Ackerberg, 2004
Armstrong, 2004. Competition in Two-Sided Markets mimeo, Department of Economics, University College London.
Arrow, 1962, Economic welfare and the allocation of resources for invention
Board of Governors of the Federal Reserve System, 2002. The Future of Retail Electronic Payment Schemes: Industry Interviews and Analysis, Staff Study, 175.
Chakravorti, S., Roson, R., 2004. Platform Competition in Two-Sided Markets: the Case of Payment Systems 4, Federal Reserve Bank of Chicago Working Paper 2004-09.
Dasgupta, 1980, Industrial structure and the nature of innovative activity, Economic Journal, 90, 266, 10.2307/2231788
Evans, 1999
Farrell, 1985, Standardization, Compatibility, and Innovation, Rand Journal of Economics, 16, 70, 10.2307/2555589
Ganguly, B., Milne, A., 2002a. Do we need public policy intervention in UK retail payment systems and if so how? mimeo. Available from: <www.staff.city.ac.uk/~amilne/payments/esrc_project_____2000-2001.html>.
Ganguly, B., Milne, A., 2002b. UK retail payments systems: profitability, regulation and returns to innovation. Available from: <www.staff.city.ac.uk/~amilne/payments/esrc_project_____2000-2001.html>.
Gowrisankaran, G., Stavins, J., 2002. Network Externalities and Technology Adoption: Lessons from Electronic Payments, NBER Working Paper 8943.
Gresvik, O., Owre, G., 2003. Costs and Income in the Norwegian Payment System, 2001, An Application of the Activity Based Costing Frame-work. Working Paper 2003/8, Norges Bank.
Guthrie, G., Wright, J., 2003. Competing Payment Schemes, National University of Singapore Department of Economics Working Paper No 0311.
Humphrey, 2000, The checks in the mail: Why the united states lags in the adoption of cost-saving electronic payments, Journal of Financial Services Research, 17, 17, 10.1023/A:1008163308353
Katz, 1985, Network externalities, competition, and compatibility, American Economic Review, 75, 424
Katz, 1986, Technology adoption in the presence of network externalities, Journal of Political Economy, 94, 822, 10.1086/261409
Katz, 1992, Product introduction with network externalities, Journal of Industrial Economics, 40, 55, 10.2307/2950627
Knittel, C.R., Stango, V., 2004a. Incompatibility, Product Attributes and Consumer Welfare: Evidence from ATMs, NBER Working Paper: 10962.
Knittel, C.R., Stango, V., 2004b. Compatibility and Pricing with Indirect Network Effects: Evidence from ATMs, NBER Working Paper: 10774.
Liebowitz, 1994, Network externality: An uncommon tragedy, Journal of Economic Perspectives, 8, 133, 10.1257/jep.8.2.133
Liebowitz, 1995, Path dependence, lock-in, and history, Journal of Law, Economics, and Organization, 11, 205
Milne, A., 2005. The Economics of Account Based Ownership Networks: mimeo, Bank of Finland.
Milne, A., Tang, L.-L., 2005. The Economics Benefits and Dis-benefits of Faster Clearing, report for the Office of Fair Trading. Downloadable from: <www.oft.gov.uk>.
Neumann, 2001
Office of Fair Trading, 2005. Payment Systems Task Force announces faster payments service, press release. Available from: <www.oft.gov.uk/News/Press+releases/2005/94-05.htm>.
Rochet, 2003, Platform competition in two-sided markets, Journal of the European Economic Association, 1, 990, 10.1162/154247603322493212
Rochet, J.-C., Tirole, J., 2004. Two-Sided Markets: An Overview, mimeo. Institut d’Economie Industrielle, Université des Sciences Sociales, Toulouse.
Saloner, 1995, Adoption of technologies with network effects: An empirical examination of the adoption of automated teller machines, RAND Journal of Economics, 26, 479, 10.2307/2555999
Salop, 1983, Raising rival’s costs, The American Economic Review, 73, 267
Schumpeter, 1947
Shy, 2001
Shy, 2002, A quick-and-easy method for estimating switching costs, International Journal of Industrial Organization, 20, 71, 10.1016/S0167-7187(00)00076-X