The Move Toward a Cashless Society: Calculating the Costs and Benefits

Garcia-Swartz Daniel D., Robert Hahn and Layne-Farrar Anne
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Garcia-Swartz Daniel D.: LECG
Layne-Farrar Anne: LECG

Review of Network Economics, 2006, vol. 5, issue 2, 30

Abstract: While the "cashless society" has not yet fully become a reality, payment choices by consumers and merchants have been moving the U.S. economy in that direction slowly and steadily over the past five decades. In this study, a companion paper to Garcia-Swartz (2006a) in this volume, we lay out the detailed cost and benefit calculations behind our analysis of the steady changes in transaction payment methods.

Date: 2006
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DOI: 10.2202/1446-9022.1095

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