International comparisons: lessons learned
Shared ATM networks: an uneasy alliance
Who uses electronic banking?
This study uses the 1995 Survey of Consumer Finances to examine households' use of technologies, including electronic means, to carry out transactions at a financial institution and to gain information for making saving and borrowing decisions. Household use of various technologies is correlated with household income, financial assets, age, and years of education. Results suggest that relatively new electronic technologies are used by relatively few households, and that household use of electronic sources of information for financial decisionmaking is barely off the ground.
Delivering deposit services: ATMs versus branches
Technology's role in payments
The welfare consequences of ATM surcharges: evidence from a structural entry model
We estimate a structural model of the market for automatic teller machines (ATMs) in order to evaluate the implications of regulating ATM surcharges on ATM entry and consumer and producer surplus. We estimate the model using data on firm and consumer locations, and identify the parameters of the model by exploiting a source of local quasi?experimental variation, that the state of Iowa banned ATM surcharges during our sample period while the state of Minnesota did not. We develop new econometric methods that allow us to estimate the parameters of equilibrium models without computing ...
Pricing in vertically integrated network switches
Many automated teller machine (ATM) networks are partially vertically integrated. A group of downstream retail banks own and operate the upstream network switch. The size of the group varies from network to network. The same situation exists in other network businesses, including airline computer reservation systems and credit card networks. Here the author takes as parametric the size of the group that owns the upstream network, the monopoly structure of the upstream network switch, as well as the size of the downstream industry, all the members of which are connected to the switch. Given ...
Shared ATM networks - the antitrust dimension