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The No Surcharge Rule and Card User Rebates:Vertical Control by a Payment Network
No Surcharge Rule Payment Networks Card User Rebates Vertical Control
2015/9/23
The No Surcharge Rule (NSR) precludes merchants from charging higher prices to consumers who pay by card instead of other means (‘cash’). We analyze the NSR’s effects when a payment network faces loca...
An Ancillary Services Payment Mechanism for the Chilean Electricity Supply Industry
Services Payment Mechanism Chilean Electricity Supply
2015/7/31
This report proposes an ancillary services payment mechanism for the Chilean electricity
supply industry. This is accomplished in three steps. The first section presents a set of economic
principl...
An Ancillary Services Payment Mechanism for the Chilean Electricity Supply Industry
Services Payment Mechanism Chilean Electricity Supply
2015/7/31
This report proposes an ancillary services payment mechanism for the Chilean electricity
supply industry. This is accomplished in three steps. The first section presents a set of economic
principl...
A tool applicable to the payment of credits for projects of agricultural crops with different income levels
welfare economy agricultural crops with different income levels jump discontinuity banking
2014/2/24
Traditionally, the banking sector has not accounted for the temporary loss in a customer’s income, at any stage of the credit life, caused by the changes or the loss of employment, income drops in bus...
Accountability of Centralized Payment Systems: Formal Reasoning, Protocol Design and Analysis
Accountability Electronic payment Formal method Key generation and distribution Payment protocols
2011/9/26
Accountability is one of the most critical security properties of electronic payment protocols. It can be used to resolve disputes among involved parties. Several formal logics were proposed for reaso...
Accountability of Centralized Payment Systems: Formal Reasoning, Protocol Design and Analysis
Accountability Electronic payment Formal method Key generation and distribution Payment protocols
2011/9/26
Accountability is one of the most critical security properties of electronic payment protocols. It can be used to resolve disputes among involved parties. Several formal logics were proposed for reaso...