Chioveanu, I. and Fauli-Oller, R. and Sandonis, J. and Santamaria, J. (2009) ATM surcharges: effects on deployment and welfare. (ELSE Working Papers 322). ESRC Centre for Economic Learning and Social Evolution: London, UK.
![[img]](/style/images/fileicons/application_pdf.png)
| PDF - Requires a PDF viewer such as GSview, Xpdf or Adobe Acrobat Reader 289Kb |
Abstract
This paper analyzes the effects of ATM surcharges on deployment and welfare, in a model where banks compete for ATM and banking services. Foreign fees, surcharges and the interchange fee are endogenously determined. We find situations in which surcharges are welfare enhancing. Under strategic fee setting, the increase in deployment caused by surcharging might compensate the surplus loss caused by the increase in prices.
| Type: | Working / discussion paper |
|---|---|
| Title: | ATM surcharges: effects on deployment and welfare |
| Open access status: | An open access version is available from UCL Discovery |
| Publisher version: | http://else.econ.ucl.ac.uk/newweb/papers.php |
| Language: | English |
| Keywords: | L1, G2 |
| UCL classification: | UCL > School of Arts and Social Sciences > Faculty of Social and Historical Sciences > Economics |
View download statistics for this itemArchive Staff Only: edit this record