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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...
User-Generated Content and Social Media
User-Generated Content Social Media Crowdsourcing Design Economics
2015/5/13
This paper documents what economists have learned about UGC and social media. A growing body of evidence suggests that UGC on platforms ranging from Yelp to Facebook has a large causal impact on econo...
Long-Horizon Mean-Variance Analysis:A User Guide.
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...
Lead-User Innovation and the U.K. Outdoor Trade since 1850
Lead-User Innovation U.K. Outdoor Trade
2010/10/11
The development of the U.K. outdoor clothing and equipment trade provides an ideal laboratory to study the changing nature of consumer innovation from the nineteenth to the twenty-first
century. We t...
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...