Theory of Credit Card Networks: A Survey of the Literature
Credit cards provide benefits to consumers and merchants not provided by other payment instruments as evidenced by their explosive growth in the number and value of transactions over the last 20 years. Recently, credit card networks have come under scrutiny from regulators and antitrust authorities...
Gespeichert in:
Veröffentlicht in: | The review of network economics 2003-06, Vol.2 (2), p.50-68 |
---|---|
1. Verfasser: | |
Format: | Artikel |
Sprache: | eng |
Schlagworte: | |
Online-Zugang: | Volltext |
Tags: |
Tag hinzufügen
Keine Tags, Fügen Sie den ersten Tag hinzu!
|
container_end_page | 68 |
---|---|
container_issue | 2 |
container_start_page | 50 |
container_title | The review of network economics |
container_volume | 2 |
creator | Chakravorti, Sujit |
description | Credit cards provide benefits to consumers and merchants not provided by other payment instruments as evidenced by their explosive growth in the number and value of transactions over the last 20 years. Recently, credit card networks have come under scrutiny from regulators and antitrust authorities around the world. The costs and benefits of credit cards to network participants are discussed. Focusing on interrelated bilateral transactions, several theoretical models have been constructed to study the implications of several business practices of credit card networks. The results and implications of these economic models along with future research topics are discussed. |
doi_str_mv | 10.2202/1446-9022.1018 |
format | Article |
fullrecord | <record><control><sourceid>proquest_cross</sourceid><recordid>TN_cdi_proquest_miscellaneous_38103165</recordid><sourceformat>XML</sourceformat><sourcesystem>PC</sourcesystem><sourcerecordid>38103165</sourcerecordid><originalsourceid>FETCH-LOGICAL-b2962-844c8c1b514630b7f321922540059bdd43f411e65c6d2d7c9adf0795138f70e63</originalsourceid><addsrcrecordid>eNp1kM1PwkAQxTdGExG9eu7JW3G_t8uNNIImRENEr5u2O5VCobjbivz3ttZw8zSTyfvNzHsI3RI8ohTTe8K5DDWmdEQwic7Q4DQ4RwNKNA-F1uwSXXm_xpgqrKIBGi9XULljUOVB7MAWdRAnzgbPUB8qt_HjYBK8Nu4LfhX1CoJ5UYNL6sbBNbrIk9LDzV8dorfpwzJ-DOcvs6d4Mg9TqiUNI86zKCOpIFwynKqctb9QKjjGQqfWcpZzQkCKTFpqVaYTm2OlBWFRrjBINkR3_d69qz4b8LXZFj6Dskx2UDXesIhgRqRohaNemLnKewe52btim7ijIdh0EZkuEdMlYrqIWiDqgUNStq4sfLjm2DZmXTVu13r6B6S0RcMeLXwN36dDidsYqZgSZrHkRr3HM7mIp2bBfgBVz3cc</addsrcrecordid><sourcetype>Aggregation Database</sourcetype><iscdi>true</iscdi><recordtype>article</recordtype><pqid>38103165</pqid></control><display><type>article</type><title>Theory of Credit Card Networks: A Survey of the Literature</title><source>EZB-FREE-00999 freely available EZB journals</source><source>De Gruyter journals</source><creator>Chakravorti, Sujit</creator><creatorcontrib>Chakravorti, Sujit</creatorcontrib><description>Credit cards provide benefits to consumers and merchants not provided by other payment instruments as evidenced by their explosive growth in the number and value of transactions over the last 20 years. Recently, credit card networks have come under scrutiny from regulators and antitrust authorities around the world. The costs and benefits of credit cards to network participants are discussed. Focusing on interrelated bilateral transactions, several theoretical models have been constructed to study the implications of several business practices of credit card networks. The results and implications of these economic models along with future research topics are discussed.</description><identifier>ISSN: 2194-5993</identifier><identifier>ISSN: 1446-9022</identifier><identifier>EISSN: 1446-9022</identifier><identifier>DOI: 10.2202/1446-9022.1018</identifier><language>eng</language><publisher>De Gruyter</publisher><subject>Consumers ; Credit ; Debt ; Economic models ; Merchants ; Networks</subject><ispartof>The review of network economics, 2003-06, Vol.2 (2), p.50-68</ispartof><lds50>peer_reviewed</lds50><oa>free_for_read</oa><woscitedreferencessubscribed>false</woscitedreferencessubscribed><citedby>FETCH-LOGICAL-b2962-844c8c1b514630b7f321922540059bdd43f411e65c6d2d7c9adf0795138f70e63</citedby></display><links><openurl>$$Topenurl_article</openurl><openurlfulltext>$$Topenurlfull_article</openurlfulltext><thumbnail>$$Tsyndetics_thumb_exl</thumbnail><linktopdf>$$Uhttps://www.degruyter.com/document/doi/10.2202/1446-9022.1018/pdf$$EPDF$$P50$$Gwalterdegruyter$$Hfree_for_read</linktopdf><linktohtml>$$Uhttps://www.degruyter.com/document/doi/10.2202/1446-9022.1018/html$$EHTML$$P50$$Gwalterdegruyter$$Hfree_for_read</linktohtml><link.rule.ids>314,776,780,27901,27902,66497,68281</link.rule.ids></links><search><creatorcontrib>Chakravorti, Sujit</creatorcontrib><title>Theory of Credit Card Networks: A Survey of the Literature</title><title>The review of network economics</title><description>Credit cards provide benefits to consumers and merchants not provided by other payment instruments as evidenced by their explosive growth in the number and value of transactions over the last 20 years. Recently, credit card networks have come under scrutiny from regulators and antitrust authorities around the world. The costs and benefits of credit cards to network participants are discussed. Focusing on interrelated bilateral transactions, several theoretical models have been constructed to study the implications of several business practices of credit card networks. The results and implications of these economic models along with future research topics are discussed.</description><subject>Consumers</subject><subject>Credit</subject><subject>Debt</subject><subject>Economic models</subject><subject>Merchants</subject><subject>Networks</subject><issn>2194-5993</issn><issn>1446-9022</issn><issn>1446-9022</issn><fulltext>true</fulltext><rsrctype>article</rsrctype><creationdate>2003</creationdate><recordtype>article</recordtype><recordid>eNp1kM1PwkAQxTdGExG9eu7JW3G_t8uNNIImRENEr5u2O5VCobjbivz3ttZw8zSTyfvNzHsI3RI8ohTTe8K5DDWmdEQwic7Q4DQ4RwNKNA-F1uwSXXm_xpgqrKIBGi9XULljUOVB7MAWdRAnzgbPUB8qt_HjYBK8Nu4LfhX1CoJ5UYNL6sbBNbrIk9LDzV8dorfpwzJ-DOcvs6d4Mg9TqiUNI86zKCOpIFwynKqctb9QKjjGQqfWcpZzQkCKTFpqVaYTm2OlBWFRrjBINkR3_d69qz4b8LXZFj6Dskx2UDXesIhgRqRohaNemLnKewe52btim7ijIdh0EZkuEdMlYrqIWiDqgUNStq4sfLjm2DZmXTVu13r6B6S0RcMeLXwN36dDidsYqZgSZrHkRr3HM7mIp2bBfgBVz3cc</recordid><startdate>20030601</startdate><enddate>20030601</enddate><creator>Chakravorti, Sujit</creator><general>De Gruyter</general><scope>BSCLL</scope><scope>AAYXX</scope><scope>CITATION</scope><scope>8BJ</scope><scope>FQK</scope><scope>JBE</scope></search><sort><creationdate>20030601</creationdate><title>Theory of Credit Card Networks: A Survey of the Literature</title><author>Chakravorti, Sujit</author></sort><facets><frbrtype>5</frbrtype><frbrgroupid>cdi_FETCH-LOGICAL-b2962-844c8c1b514630b7f321922540059bdd43f411e65c6d2d7c9adf0795138f70e63</frbrgroupid><rsrctype>articles</rsrctype><prefilter>articles</prefilter><language>eng</language><creationdate>2003</creationdate><topic>Consumers</topic><topic>Credit</topic><topic>Debt</topic><topic>Economic models</topic><topic>Merchants</topic><topic>Networks</topic><toplevel>peer_reviewed</toplevel><toplevel>online_resources</toplevel><creatorcontrib>Chakravorti, Sujit</creatorcontrib><collection>Istex</collection><collection>CrossRef</collection><collection>International Bibliography of the Social Sciences (IBSS)</collection><collection>International Bibliography of the Social Sciences</collection><collection>International Bibliography of the Social Sciences</collection><jtitle>The review of network economics</jtitle></facets><delivery><delcategory>Remote Search Resource</delcategory><fulltext>fulltext</fulltext></delivery><addata><au>Chakravorti, Sujit</au><format>journal</format><genre>article</genre><ristype>JOUR</ristype><atitle>Theory of Credit Card Networks: A Survey of the Literature</atitle><jtitle>The review of network economics</jtitle><date>2003-06-01</date><risdate>2003</risdate><volume>2</volume><issue>2</issue><spage>50</spage><epage>68</epage><pages>50-68</pages><issn>2194-5993</issn><issn>1446-9022</issn><eissn>1446-9022</eissn><abstract>Credit cards provide benefits to consumers and merchants not provided by other payment instruments as evidenced by their explosive growth in the number and value of transactions over the last 20 years. Recently, credit card networks have come under scrutiny from regulators and antitrust authorities around the world. The costs and benefits of credit cards to network participants are discussed. Focusing on interrelated bilateral transactions, several theoretical models have been constructed to study the implications of several business practices of credit card networks. The results and implications of these economic models along with future research topics are discussed.</abstract><pub>De Gruyter</pub><doi>10.2202/1446-9022.1018</doi><tpages>19</tpages><oa>free_for_read</oa></addata></record> |
fulltext | fulltext |
identifier | ISSN: 2194-5993 |
ispartof | The review of network economics, 2003-06, Vol.2 (2), p.50-68 |
issn | 2194-5993 1446-9022 1446-9022 |
language | eng |
recordid | cdi_proquest_miscellaneous_38103165 |
source | EZB-FREE-00999 freely available EZB journals; De Gruyter journals |
subjects | Consumers Credit Debt Economic models Merchants Networks |
title | Theory of Credit Card Networks: A Survey of the Literature |
url | https://sfx.bib-bvb.de/sfx_tum?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&ctx_tim=2025-02-08T00%3A42%3A20IST&url_ver=Z39.88-2004&url_ctx_fmt=infofi/fmt:kev:mtx:ctx&rfr_id=info:sid/primo.exlibrisgroup.com:primo3-Article-proquest_cross&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.atitle=Theory%20of%20Credit%20Card%20Networks:%20A%20Survey%20of%20the%20Literature&rft.jtitle=The%20review%20of%20network%20economics&rft.au=Chakravorti,%20Sujit&rft.date=2003-06-01&rft.volume=2&rft.issue=2&rft.spage=50&rft.epage=68&rft.pages=50-68&rft.issn=2194-5993&rft.eissn=1446-9022&rft_id=info:doi/10.2202/1446-9022.1018&rft_dat=%3Cproquest_cross%3E38103165%3C/proquest_cross%3E%3Curl%3E%3C/url%3E&disable_directlink=true&sfx.directlink=off&sfx.report_link=0&rft_id=info:oai/&rft_pqid=38103165&rft_id=info:pmid/&rfr_iscdi=true |