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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, 1997. "Strategic Commitments and the Principle of Reciprocity in Interconnection Pricing," Industrial Organization 9701001, University Library of Munich, Germany.
    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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