Two-Sided Market, R and D and Payments System Evolution /
It takes many years for more efficient electronic payments to be widely used, and the fees that merchants (consumers) pay for using those services are increasing (decreasing) over time. We address these puzzles by studying payments system evolution with a dynamic model in a twosided market setting....
المؤلف الرئيسي: | |
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مؤلفون آخرون: | , |
التنسيق: | دورية |
اللغة: | English |
منشور في: |
Washington, D.C. :
International Monetary Fund,
2019.
|
سلاسل: | IMF Working Papers; Working Paper ;
No. 2019/057 |
الوصول للمادة أونلاين: | Full text available on IMF |