Fraud, Investments and Liability Regimes in Payment Platforms

42 Pages Posted: 28 Feb 2011 Last revised: 6 Nov 2012

See all articles by Anna Creti

Anna Creti

Université Paris Ouest - Nanterre, La Défense - EconomiX; Ecole Polytechnique, Paris - Laboratoire d'Econometrie

Marianne Verdier

Université Paris 2 Panthéon Assas

Multiple version iconThere are 2 versions of this paper

Date Written: May 22, 2011

Abstract

In this paper, we discuss how fraud liability regimes impact the price structure that is chosen by a monopolistic payment platform, in a setting where merchants can invest in fraud detection technologies.

Keywords: Payment Card Systems, Interchange Fees, Two-Sided Markets, Fraud, Liability

JEL Classification: G21, L31, L42

Suggested Citation

Creti, Anna and Verdier, Marianne, Fraud, Investments and Liability Regimes in Payment Platforms (May 22, 2011). Available at SSRN: https://ssrn.com/abstract=1763932 or http://dx.doi.org/10.2139/ssrn.1763932

Anna Creti

Université Paris Ouest - Nanterre, La Défense - EconomiX ( email )

200 Avenue de la République
Nanterre cedex, Nanterre Cedex 92000
France

Ecole Polytechnique, Paris - Laboratoire d'Econometrie ( email )

1 rue Descartes
Paris, 75005
France

Marianne Verdier (Contact Author)

Université Paris 2 Panthéon Assas ( email )

France

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