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Global ATM banking: casting the net

Author

Listed:
  • Ben R. Craig
  • John D. Hueter

Abstract

ACH and ATM systems are examples of networks, where the benefits of one participant enhance the structure's value for the other participants. Some recent results from economic theory suggest that competitive networks are preferable in a social sense to monopoly networks.

Suggested Citation

  • Ben R. Craig & John D. Hueter, 1998. "Global ATM banking: casting the net," Economic Commentary, Federal Reserve Bank of Cleveland, issue Aug.
    • Handle: RePEc:fip:fedcec:y:1998:i:aug15
    DOI: 10.26509/frbc-ec-19980815
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