Establishing compatibility between Europe's payment systems

Gottfried Leibbrandt

International Journal of Industrial Organization, 2010, vol. 28, issue 1, 69-73

Abstract: A model is introduced to analyze the effect of transaction patterns on the decision by two banks in different countries to make their payment networks compatible. Domestically oriented transaction patterns are found to significantly reduce the attractiveness to banks of establishing compatibility. The model is applied to the case of harmonizing Europe's credit transfer networks.

Keywords: Network; externalities; Transaction; patterns; Banks; Cross-border; competition (search for similar items in EconPapers)
Date: 2010
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:indorg:v:28:y:2010:i:1:p:69-73

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