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Interconnection and Rivalry between Banks

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  • John A. Weinberg

Abstract

This is an incomplete draft of a paper that will examine the competitive tension that arises when banks which compete for deposits provide "interconnecting" payment services to each other's depositors. This draft presents a basic theoretical model and discusses some of the analysis that can be carried out and issues that can be addressed with the model.

Suggested Citation

  • John A. Weinberg, 1999. "Interconnection and Rivalry between Banks," Center for Financial Institutions Working Papers 00-15, Wharton School Center for Financial Institutions, University of Pennsylvania.
    • Handle: RePEc:wop:pennin:00-15
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    File URL: http://fic.wharton.upenn.edu/fic/papers/00/0015.pdf
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    References listed on IDEAS

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    1. Nicholas Economides & Giuseppe Lopomo & Glenn Woroch, 2009. "Strategic commitments and the principle of reciprocity in interconnection pricing," Chapters, in: Gary Madden & Russel Cooper (ed.), The Economics of Digital Markets, chapter 5, pages 62-99, Edward Elgar Publishing.
    2. Mcandrews, James, 1998. "Direct presentment regulation in payments," Research in Economics, Elsevier, vol. 52(3), pages 311-326, September.
    3. James J. McAndrews & William Roberds, 1999. "Payment intermediation and the origins of banking," Staff Reports 85, Federal Reserve Bank of New York.
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