DocumentCode :
1641427
Title :
A Research of the anti-price equilibrium of bank card consumption
Author :
Jun, Sun ; Wanyue, Liu
Author_Institution :
Beijing University of Chemical Technology BUCT Beijing, China
fYear :
2011
Firstpage :
1
Lastpage :
5
Abstract :
Since the birth of the first bank card in 1950´s, bank card has become one of the most important financial tools. Bank card industry chain constitute the bank card associations, issuing banks, acquiring banks, related products and technology suppliers, which is a bilateral market. The bank card has become a typical network product. Currently, there are still contradictions between businesses and banks, which is the result of the unbalance distribution of profit among banks. In this paper, based on the bank card POS transaction mechanism, authors extend the anti-price equilibrium model of Shy. We compare different banks´ transaction business in some respects of equilibrium price level & profit level and discuss the pricing factors and price profit changes by extending the anti-price equilibrium model.
Keywords :
Credit cards; Finance; Industries; Pricing; Sun; Switches; Anti-price equilibrium model; Bank card; Pos transactions;
fLanguage :
English
Publisher :
ieee
Conference_Titel :
E -Business and E -Government (ICEE), 2011 International Conference on
Conference_Location :
Shanghai, China
Print_ISBN :
978-1-4244-8691-5
Type :
conf
DOI :
10.1109/ICEBEG.2011.5881908
Filename :
5881908
Link To Document :
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