WEKO3
アイテム
Do Premium Payment Methods Increase Effective Retail Prices?
http://hdl.handle.net/2237/00030714
http://hdl.handle.net/2237/000307145c5cb6ab-79d9-4db0-90b4-e4ad2f39906d
名前 / ファイル | ライセンス | アクション |
---|---|---|
E19-12.pdf (323.2 kB)
|
|
Item type | 紀要論文 / Departmental Bulletin Paper(1) | |||||
---|---|---|---|---|---|---|
公開日 | 2019-09-27 | |||||
タイトル | ||||||
タイトル | Do Premium Payment Methods Increase Effective Retail Prices? | |||||
言語 | en | |||||
著者 |
Adachi, Takanori
× Adachi, Takanori× Tremblay, Mark J. |
|||||
アクセス権 | ||||||
アクセス権 | open access | |||||
アクセス権URI | http://purl.org/coar/access_right/c_abf2 | |||||
キーワード | ||||||
主題Scheme | Other | |||||
主題 | Payment methods | |||||
キーワード | ||||||
主題Scheme | Other | |||||
主題 | credit cards | |||||
キーワード | ||||||
主題Scheme | Other | |||||
主題 | online shopping | |||||
キーワード | ||||||
主題Scheme | Other | |||||
主題 | merchant fees | |||||
キーワード | ||||||
主題Scheme | Other | |||||
主題 | consumer rewards | |||||
キーワード | ||||||
主題Scheme | Other | |||||
主題 | Ohio v.s. American Express | |||||
キーワード | ||||||
主題Scheme | Other | |||||
主題 | conduct parameter | |||||
抄録 | ||||||
内容記述 | In this study we develop a tractable, yet general, framework to explain whether premium payment methods that impose no-surcharge rules are beneficial. This question is fundamentally related to policy and we provide a robust answer by considering how a variety of market structures are impacted by multiple payment methods. We find that the no-surcharge rule, which suggests uniform pricing to consumers, results in consumers paying different effective prices depending on their payment method. Instead, surcharging, which gives the impression of price discrimination, actually results in consumers paying the same effective price across payment methods. Most importantly, we also show that all consumers and all merchants earn greater surplus when surcharging is allowed. Furthermore, our results are robust across market structures suggesting that protected premium payment methods are generally harmful except for the credit card industry. | |||||
言語 | en | |||||
内容記述タイプ | Abstract | |||||
内容記述 | ||||||
内容記述 | Adachi acknowledges a Fund for the Promotion of Joint International Research (16KK0054) and a Grant-in-Aid for Scientific Research (C) (18K01567) from the Japan Society for the Promotion of Science. | |||||
言語 | en | |||||
内容記述タイプ | Other | |||||
出版者 | ||||||
言語 | ja | |||||
出版者 | 名古屋大学大学院経済学研究科附属国際経済政策研究センター | |||||
言語 | ||||||
言語 | eng | |||||
資源タイプ | ||||||
資源 | http://purl.org/coar/resource_type/c_6501 | |||||
タイプ | departmental bulletin paper | |||||
出版タイプ | ||||||
出版タイプ | VoR | |||||
出版タイプResource | http://purl.org/coar/version/c_970fb48d4fbd8a85 | |||||
書誌情報 |
en : Economic Research Center Discussion Paper 号 E19-12, p. 1-19, 発行日 2019-09 |
|||||
著者版フラグ | ||||||
値 | publisher | |||||
シリーズ | ||||||
関連名称 | E-Series;E19-12 |