{"id":"https://openalex.org/W2120843240","doi":null,"title":"COMPETITION BETWEEN PAYMENT SYSTEMS: RESULTS","display_name":"COMPETITION BETWEEN PAYMENT SYSTEMS: RESULTS","publication_year":2009,"publication_date":"2009-04-01","ids":{"openalex":"https://openalex.org/W2120843240","mag":"2120843240"},"language":"en","primary_location":{"id":"pmh:oai:RePEc:rba:rbardp:rdp2009-03","doi":null,"is_oa":false,"landing_page_url":"https://www.rba.gov.au/publications/rdp/2009/pdf/rdp2009-03.pdf","pdf_url":"https://www.rba.gov.au/publications/rdp/2009/pdf/rdp2009-03.pdf","source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"preprint"},"volume":null,"type":"preprint","is_traditional":true,"indexed_in":[],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5030948067","display_name":"George Gardner","orcid":null,"observed_orcids":[]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"George Gardner","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]},{"author_position":"last","author":{"id":"https://openalex.org/A5027707347","display_name":"Andrew Stone","orcid":null,"observed_orcids":[]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Andrew Stone","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]}],"institutions":[],"countries_distinct_count":0,"institutions_distinct_count":0,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":null,"has_fulltext":false,"cited_by_count":2,"citation_normalized_percentile":null,"cited_by_percentile_year":null,"biblio":{"volume":null,"issue":null,"first_page":null,"last_page":null},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T11437","display_name":"Digital Platforms and Economics","score":0.9984999895095825,"subfield":{"id":"https://openalex.org/subfields/1408","display_name":"Strategy and Management"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T11437","display_name":"Digital Platforms and Economics","score":0.9984999895095825,"subfield":{"id":"https://openalex.org/subfields/1408","display_name":"Strategy and Management"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11043","display_name":"Merger and Competition Analysis","score":0.0005000000237487257,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11161","display_name":"Consumer Market Behavior and Pricing","score":0.00019999999494757503,"subfield":{"id":"https://openalex.org/subfields/1406","display_name":"Marketing"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/payment-systems","display_name":"payment systems","score":0.8029999732971191},{"id":"https://openalex.org/keywords/multihoming","display_name":"multihoming","score":0.925000011920929},{"id":"https://openalex.org/keywords/single-homing","display_name":"single-homing","score":0.7710000276565552},{"id":"https://openalex.org/keywords/pricing-structure","display_name":"price structure","score":0.6320000290870667},{"id":"https://openalex.org/keywords/flat-fees","display_name":"flat fees","score":0.7059999704360962}],"concepts":[{"id":"https://openalex.org/C145097563","wikidata":"https://www.wikidata.org/wiki/Q1148747","display_name":"Payment","level":2,"score":0.6857147812843323},{"id":"https://openalex.org/C91306197","wikidata":"https://www.wikidata.org/wiki/Q45767","display_name":"Competition (biology)","level":2,"score":0.6724623441696167},{"id":"https://openalex.org/C2780368139","wikidata":"https://www.wikidata.org/wiki/Q2031007","display_name":"Two-sided market","level":3,"score":0.5597944259643555},{"id":"https://openalex.org/C21021354","wikidata":"https://www.wikidata.org/wiki/Q1207171","display_name":"Payment card","level":3,"score":0.5519784688949585},{"id":"https://openalex.org/C75949130","wikidata":"https://www.wikidata.org/wiki/Q848010","display_name":"Database transaction","level":2,"score":0.5311858654022217},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.49014005064964294},{"id":"https://openalex.org/C2776983043","wikidata":"https://www.wikidata.org/wiki/Q986008","display_name":"Payment system","level":3,"score":0.46718743443489075},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.46354931592941284},{"id":"https://openalex.org/C177264268","wikidata":"https://www.wikidata.org/wiki/Q1514741","display_name":"Set (abstract data type)","level":2,"score":0.4297623932361603},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.4012998342514038},{"id":"https://openalex.org/C40700","wikidata":"https://www.wikidata.org/wiki/Q1411783","display_name":"Industrial organization","level":1,"score":0.34422725439071655},{"id":"https://openalex.org/C96219163","wikidata":"https://www.wikidata.org/wiki/Q649124","display_name":"Network effect","level":2,"score":0.2608819901943207},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.244410902261734},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.13540872931480408},{"id":"https://openalex.org/C86803240","wikidata":"https://www.wikidata.org/wiki/Q420","display_name":"Biology","level":0,"score":0.0},{"id":"https://openalex.org/C18903297","wikidata":"https://www.wikidata.org/wiki/Q7150","display_name":"Ecology","level":1,"score":0.0},{"id":"https://openalex.org/C199360897","wikidata":"https://www.wikidata.org/wiki/Q9143","display_name":"Programming language","level":1,"score":0.0}],"mesh":[],"locations_count":2,"locations":[{"id":"pmh:oai:RePEc:rba:rbardp:rdp2009-03","doi":null,"is_oa":false,"landing_page_url":"https://www.rba.gov.au/publications/rdp/2009/pdf/rdp2009-03.pdf","pdf_url":"https://www.rba.gov.au/publications/rdp/2009/pdf/rdp2009-03.pdf","source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"preprint"},{"id":"mag:2120843240","doi":null,"is_oa":false,"landing_page_url":"https://www.rba.gov.au/publications/rdp/2009/pdf/rdp2009-03.pdf","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"RePEc: Research Papers in Economics","raw_type":null}],"best_oa_location":null,"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":9,"referenced_works":["https://openalex.org/W1516051863","https://openalex.org/W1972403345","https://openalex.org/W2115564125","https://openalex.org/W2165346388","https://openalex.org/W2169544344","https://openalex.org/W3121631893","https://openalex.org/W3122137739","https://openalex.org/W3123111954","https://openalex.org/W3124640067"],"related_works":["https://openalex.org/W2165346388","https://openalex.org/W3059746669","https://openalex.org/W4312355507","https://openalex.org/W2159530788","https://openalex.org/W2388829423","https://openalex.org/W4400681819","https://openalex.org/W3216356193","https://openalex.org/W7095824415","https://openalex.org/W3036541533","https://openalex.org/W7097603318"],"abstract_inverted_index":{"This":[0],"paper":[1],"is":[2,90],"the":[3,10,33,40,96,101,105,108,110,116,120,125,160,193,196,200,206],"second":[4],"of":[5,16,24,48,55,68,95,112,115,176,195,202,208],"two":[6,65],"companion":[7],"pieces.":[8],"In":[9],"first":[11],"we":[12,30,58,71,173],"developed":[13],"a":[14,52,151],"model":[15],"competition":[17],"between":[18],"payment":[19,203],"systems":[20],"which":[21,35,57,198],"extends":[22],"that":[23,107,137],"Chakravorti":[25,41],"and":[26,42,50,84,148,178],"Roson":[27,43],"(2006).":[28],"Here":[29],"turn":[31],"to":[32,118,128,192],"results":[34,99,135],"can":[36],"be":[37,124],"obtained":[38],"from":[39,45,51],"model,":[44],"our":[46],"extension":[47],"it,":[49],"third":[53],"family":[54],"models":[56],"develop":[59],"in":[60,104,159,183],"this":[61,139],"paper.":[62],"We":[63],"obtain":[64],"main":[66],"sets":[67],"findings.":[69],"First,":[70],"shed":[72],"further":[73],"light":[74],"on":[75,92,150,170],"how":[76],"competing":[77,132],"platforms":[78,144,165,186],"will":[79,123],"set":[80],"their":[81],"price":[82],"level":[83],"pricing":[85,126,191],"structure":[86],"when":[87,143],"endogenous":[88],"multi-homing":[89],"allowed":[91],"both":[93,146],"sides":[94],"market.":[97],"Our":[98,134],"challenge":[100],"general":[102],"finding":[103,140],"literature":[106],"greater":[109],"propensity":[111],"one":[113],"side":[114,194],"market":[117,197],"single-home,":[119],"more":[121,161],"attractive":[122,190],"offered":[127],"its":[129],"members":[130],"by":[131],"platforms.":[133],"confirm":[136],"while":[138],"generally":[141],"holds":[142,199],"charge":[145],"consumers":[147],"merchants":[149],"purely":[152],"per-transaction":[153],"basis,":[154],"it":[155],"need":[156],"not":[157],"hold":[158],"realistic":[162],"situation":[163],"where":[164],"instead":[166],"levy":[167],"flat":[168],"fees":[169],"consumers.":[171],"Second,":[172],"extend":[174],"findings":[175],"Hermalin":[177],"Katz":[179],"(2006)":[180],"showing":[181],"that,":[182],"certain":[184],"circumstances,":[185],"may":[187],"offer":[188],"less":[189],"choice":[201],"instrument":[204],"at":[205],"moment":[207],"sale.":[209]},"counts_by_year":[],"updated_date":"2026-09-26T08:19:03.415552","created_date":"2016-06-24T00:00:00"}