Research Repository

Feedback Loop Effects in Payment Card Markets: Empirical Evidence

Carbó-Valverde, Santiago and Liñares-Zegarra, José and Rodríguez-Fernández, Francisco (2012) 'Feedback Loop Effects in Payment Card Markets: Empirical Evidence.' Review of Network Economics, 11 (2). ISSN 1446-9022

Full text not available from this repository.

Abstract

While some studies have assumed that mature and well-established platforms do not exhibit feedback loop effects, other recent contributions have suggested that these effects may exist. Using a unique database that provides detailed information on both cardholder and merchant sides of the Spanish payment card market, we find empirical evidence of feedback loop effects. We also offer some evidence on the relative value that consumers (merchants) place on network characteristics such as the degree of merchant acceptance (cardholder adoption) and prices.

Item Type: Article
Uncontrolled Keywords: payment cards; feedback loop; network externalities
Subjects: H Social Sciences > H Social Sciences (General)
H Social Sciences > HG Finance
Divisions: Faculty of Social Sciences > Essex Business School
Faculty of Social Sciences > Essex Business School > Essex Finance Centre
Depositing User: Jose Linares Zegarra
Date Deposited: 08 Sep 2016 13:09
Last Modified: 26 Mar 2019 14:15
URI: http://repository.essex.ac.uk/id/eprint/17482

Actions (login required)

View Item View Item