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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...
Portfolio Choice with Transaction Costs: a User's Guide
transaction costs long-run, portfolio choice Merton problem.
2012/9/14
Recent progress in portfolio choice has made a wide class of problemsinvolving transaction costs tractable. We review the basic approach to these problems,and outline some directions for future resear...
User-oriented methodology of communication with expert systems
interface communication user expert system Jung’s typology of personality communication project scenarios
2014/3/10
The article deals with communication between a user and an expert system, especially from the viewpoint of psychology aspects of the communication process. Psychological factor of the communication be...
Asian Development Bank Strengthening Traditional Water User Groups in Aceh
irrigation systems
2007/3/9
13 February 2007，ADB IS working closely with local communities to strengthen traditional water groups and rehabilitate irrigations systems in Aceh and Nias.
New Dynamic Public Finance is a recent literature that extends the static Mirrlees [1971] framework to dynamic settings.The approach addresses a broader set of issues in optimal policy than its static...