Chioveanu, I.;
Fauli-Oller, R.;
Sandonis, J.;
Santamaria, J.;
(2009)
ATM surcharges: effects on deployment and welfare.
(ELSE Working Papers
322).
ESRC Centre for Economic Learning and Social Evolution: London, UK.
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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 > Provost and Vice Provost Offices > UCL SLASH > Faculty of S&HS > Dept of Economics |
| URI: | https://discovery.ucl.ac.uk/id/eprint/15003 |
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