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Another Look at Payment Instrument Economics

Shampine Allan ()
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Shampine Allan: Lexecon

Review of Network Economics, 2007, vol. 6, issue 4, pages 1-14

Abstract: This article revisits the research in "The Move Toward a Cashless Society: A Closer Look at Payment Instrument Economics" in order to clarify assumptions underlying the theoretical model and how they impact the included cost and benefit categories; evaluate the estimates' plausibility by comparing the model's results to observed behaviour; and extend the sensitivity analysis.

Date: 2007
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