Global ATM banking: casting the net

Ben Craig and John D. Hueter

Economic Commentary, 1998, issue Aug

Abstract: ACH and ATM systems are examples of networks, where the benefits of one participant enhance the structure's value for the other participants. Some recent results from economic theory suggest that competitive networks are preferable in a social sense to monopoly networks.

Keywords: Automated tellers; Clearinghouses (Banking) (search for similar items in EconPapers)
Date: 1998
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