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The Move Toward a Cashless Society: Calculating the Costs and Benefits

Author

Listed:
  • Garcia-Swartz Daniel D.

    (LECG)

  • Hahn Robert W.

    (American Enterprise Institute-Brookings Joint Center for Regulatory Studies)

  • Layne-Farrar Anne

    (LECG)

Abstract

While the "cashless society" has not yet fully become a reality, payment choices by consumers and merchants have been moving the U.S. economy in that direction slowly and steadily over the past five decades. In this study, a companion paper to Garcia-Swartz (2006a) in this volume, we lay out the detailed cost and benefit calculations behind our analysis of the steady changes in transaction payment methods.

Suggested Citation

  • Garcia-Swartz Daniel D. & Hahn Robert W. & Layne-Farrar Anne, 2006. "The Move Toward a Cashless Society: Calculating the Costs and Benefits," Review of Network Economics, De Gruyter, vol. 5(2), pages 1-30, June.
    • Handle: RePEc:bpj:rneart:v:5:y:2006:i:2:n:2
    DOI: 10.2202/1446-9022.1095
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