Another Look at Payment Instrument Economics
Shampine Allan ()
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Shampine Allan: Lexecon
Review of Network Economics, 2007, vol. 6, issue 4, 1-14
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.
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