scholarly journals Externalities in Payment Card Networks: Theory and Evidence

2010 ◽  
Vol 9 (2) ◽  
Author(s):  
Sujit Chakravorti
Keyword(s):  
Social Welfare ◽  
Public Authorities ◽  
Payment Card ◽  
Advanced Economies ◽  
Payment Cards ◽  
Regulatory Interventions ◽  
The Impact

Payment cards continue to replace cash and checks in advanced economies. Along with the growth of payment card transactions has come greater scrutiny by public authorities of certain payment network rules along with the level of certain fees. This article reviews the growing payment card literature and discusses the impact of several regulatory interventions on card adoption, usage, and social welfare.

scholarly journals Does Crime Influence The Payment Decisions Of Consumers?

2015 ◽  
Vol 31 (5) ◽  
pp. 1709-1718
Author(s):  
Bruno Karoubi ◽  
Regis Chenavaz
Keyword(s):  
Adverse Selection ◽  
Financial Crime ◽  
Payment Card ◽  
Automated Teller Machines ◽  
Cash Payment ◽  
Financial Crimes ◽  
Payment Cards ◽  
The One ◽  
Card Payment ◽  
The Impact

The impact of crime on economic activity has been widely studied. The economic analysis of crime on payment instrument, however, is still lacking. In this paper, we analyze the impact of crime on the use of cash and card payment with an original database of a representative sample of French consumers. We provide empirical evidence that violent and financial crimes have opposite effects on cash withdrawn and cash payment: On the one side, violent crime increases the amount of cash withdrawn and increases the probability of a cash payment. On the other side, financial crime decreases the amount of cash withdrawn and increases the probability of a credit or debit card payment. The probability of mugging is higher when withdrawing cash and automated teller machines (ATMs) deliver only notes. The increase in the amount of cash withdrawn comes from the reduction of the number of cash withdrawals together with the non-linearity of cash withdrawals at ATMs. The increase in the proportion of card owners when financial crime is high is a result of adverse selection: a financial fraudster is more aware of the insurance provided with payment cards, and therefore he places a greater value on having a payment card.

Wage versus efficient bargaining in a Cournot duopoly: A Preliminary Note on Welfare

Ekonomia ◽  
2019 ◽  
Vol 25 (1) ◽  
pp. 23-34
Author(s):  
Domenico Buccella
Keyword(s):  
Social Welfare ◽  
Conflict Of Interest ◽  
Cournot Duopoly ◽  
Bargaining Process ◽  
Preliminary Note ◽  
Firm Level ◽  
Public Authorities ◽  
Guiding Principles ◽  
The Impact ◽  
Efficient Bargaining

Wage versus efficient bargaining in a Cournot duopoly: A preliminary note on welfare In a unionized Cournot duopoly with decentralized, firm-level bargaining, this note re-examines the endogenous equilibrium agendas wage vs. efficient bargaining that can arise under three different specifications of the timing of negotiations and the impact of the outcome of the bargaining process on social welfare. Given that explicit conflict of interest among the bargaining parties can arise in every timing specification, this note proposes, analyzes, and discusses some guiding principles for governments and public authorities interested in pursuing social welfare improvements.

Soziale Disziplinierung im flexiblen Kapitalismus

2004 ◽  
Vol 34 (136) ◽  
pp. 339-356
Author(s):  
Tobias Wölfle ◽  
Oliver Schöller
Keyword(s):  
Social Welfare ◽  
Second Step ◽  
Social Rights ◽  
Federal Law ◽  
Capitalist Development ◽  
The Core ◽  
The Past ◽  
The Impact ◽  
Municipal Level

Under the term “Hilfe zur Arbeit” (aid for work) the federal law of social welfare subsumes all kinds of labour disciplining instruments. First, the paper shows the historical connection of welfare and labour disciplining mechanisms in the context of different periods within capitalist development. In a second step, against the background of historical experiences, we will analyse the trends of “Hilfe zur Arbeit” during the past two decades. It will be shown that by the rise of unemployment, the impact of labour disciplining aspects of “Hilfe zur Arbeit” has increased both on the federal and on the municipal level. For this reason the leverage of the liberal paradigm would take place even in the core of social rights.

The Right to Information in India Implementation and Impact

2015 ◽  
Vol 2 (1) ◽  
pp. 17
Author(s):  
_______ Naveen ◽  
_____ Priti
Keyword(s):  
Public Life ◽  
Public Authorities ◽  
The Public ◽  
Know How ◽  
The People ◽  
The Government ◽  
Right To Information ◽  
The Right ◽  
The Impact

The Right to Information Act 2005 was passed by the UPA (United Progressive Alliance) Government with a sense of pride. It flaunted the Act as a milestone in India’s democratic journey. It is five years since the RTI was passed; the performance on the implementation frontis far from perfect. Consequently, the impact on the attitude, mindset and behaviour patterns of the public authorities and the people is not as it was expected to be. Most of the people are still not aware of their newly acquired power. Among those who are aware, a major chunk either does not know how to wield it or lacks the guts and gumption to invoke the RTI. A little more stimulation by the Government, NGOs and other enlightened and empowered citizens can augment the benefits of this Act manifold. RTI will help not only in mitigating corruption in public life but also in alleviating poverty- the two monstrous maladies of India.

scholarly journals The Impact of the COVID-19 Pandemic on the Working Conditions, Employment, Career Development and Well-Being of Refugee Researchers

Societies ◽  
2021 ◽  
Vol 11 (3) ◽  
pp. 71
Author(s):  
Ourania Tzoraki ◽  
Svetlana Dimitrova ◽  
Marin Barzakov ◽  
Saad Yaseen ◽  
Vasilis Gavalas ◽  
...  
Keyword(s):  
Online Survey ◽  
Negative Impact ◽  
Well Being ◽  
Appropriate Technology ◽  
Public Authorities ◽  
Policy Makers ◽  
Home Setting ◽  
The Public ◽  
Work From Home ◽  
The Impact

The ongoing ‘refugee crisis’ of the past years has led to the migration of refugee researchers (RRs) to European countries. Due to the COVID-19 pandemic, RRs often had to work from home and/or to continue their social, cultural and economic integration process under new conditions. An online survey carried out to explore the impact of the pandemic on the refugee researchers showed that RRs found it difficult to adapt their everyday working life to the ‘home’ setting. The majority have had neither a suitable work environment at home nor the appropriate technology. Although they stated that they are rather pleased with the measures taken by the public authorities, they expressed concern about their vulnerability due to their precarious contracts and the bureaucratic asylum procedures, as the pandemic has had a negative impact on these major issues. The majority of RRs working in academia seem not to have been affected at all as far as their income is concerned, while the majority of those employed in other sectors became unemployed during the pandemic (58%). Recommendations are provided to the public authorities and policy makers to assist RRs to mitigate the consequences of the pandemic on their life.

The Impact of Social Diversity and Racial Attitudes on Social Welfare Policy

2001 ◽  
Vol 1 (1) ◽  
pp. 27-49 ◽  
Author(s):  
Martin Johnson
Keyword(s):  
Social Welfare ◽  
Racial Attitudes ◽  
Minority Groups ◽  
Welfare Policy ◽  
General Social Survey ◽  
Racial Diversity ◽  
Lower Class ◽  
Party Competition ◽  
Welfare Spending ◽  
The Impact

Students of race and politics in the U.S. have long asserted a relationship between the racial composition and public policies of states. A related but distinct line of research demonstrates a strong connection between white attitudes about the perceived recipients of social welfare spending—blacks and members of other minority groups—and support for these programs. This article bridges these lines of scholarship by asking how racial diversity shapes aggregate attitudes about minorities in the American states and how these opinions in turn influence welfare spending. Using public opinion data from the General Social Survey ( 1974–96), I find that diversity has a direct influence on welfare policy in the states, as well as an indirect influence through shaping majority-group racial attitudes. Diversity and racial attitudes are found to have these effects even when controlling for factors traditionally used to explain variation in state spending levels, such as party competition, lower class mobilization, ideology, and state capacity.

scholarly journals Le contrat de concession commerciale et le libre marché

2005 ◽  
Vol 21 (3-4) ◽  
pp. 787-823
Author(s):  
Claude Samson
Keyword(s):  
Free Market ◽  
Common Law ◽  
Economic Power ◽  
Exclusive Dealing ◽  
Public Authorities ◽  
Free Competition ◽  
Market Organization ◽  
Characteristic Features ◽  
Market Restriction ◽  
The Impact

This paper deals with the exclusive sale contract or solus agreement. Its first part identifies some characteristic features of this type of agreement, which quite often is not only aimed at regulating the exercise of trade, but also serves as a technique of market organization and economic power concentration. The impact of the increasing currency of such commercial practices on the free market justifies consideration of the various forms of control that can be exercised by public authorities in order to preserve free competition. Control can be achieved through the judiciary applying concepts such as public order in civil law or public policy at common law. However, in view of the courts' reluctance to interfere with such instances of private economic power and their indifference towards the economic inequities inherent in such agreements for the distributor, legislative intervention has become necessary to protect the free market. Thus the Combines Investigation Act was amended in 1976 to allow regulation of commercial practices such as refusal to deal, consignment selling, exclusive dealing, market restriction and tied selling.

Implications of Price Matching in Supply Chain Negotiation

2021 ◽  
Author(s):  
Weixin Shang ◽  
Gangshu (George) Cai
Keyword(s):  
Supply Chain ◽  
Social Welfare ◽  
Wholesale Price ◽  
Consumer Welfare ◽  
Problem Definition ◽  
Nash Bargaining ◽  
Price Matching ◽  
The Impact ◽  
Multiple Buyers ◽  
Wholesale Pricing

Problem definition: Few papers have explored the impact of price matching negotiation (PM), in which a channel matches its price with the resulting wholesale price bargained by another channel, on firms’ performances, consumer welfare, and social welfare, with and without supply chain coordination. Academic/practical relevance: Negotiation has been widely seen in determining both uniform and discriminatory wholesale prices, which affect outcomes of competitive supply chain practices. Methodology: To characterize the PM mechanism, we use game theory and Nash bargaining theory to compare PM with simultaneous negotiation (SN) through a common-seller two-buyer differentiated Bertrand competition model. Results: Our analysis reveals that PM can benefit the seller but hurt all buyers, which is at odds with some fair wholesale pricing clauses intending to protect buyers. Under coordination with side payments, however, all firms can conditionally benefit more from PM than from SN. Despite firms’ gains, PM leads to less consumer utility and social welfare compared with SN, unless the second buyer in PM is considerably less powerful than the first buyer. Coordination further worsens PM’s negative impact on consumer utility and social welfare. Moreover, the existence of a spot market can increase the wholesale price in PM, hurting buyers, consumers, and society. Furthermore, the qualitative results about PM remain robust under an alternative disagreement point for PM, multiple buyers, and other extensions. Managerial implications: This paper delivers insights on when price matching in supply chain wholesale price negotiation can benefit a seller, buyers, consumers, and society in a variety of scenarios. It advocates how managers can use PM to their own advantages and provides rationale to decision makers for policy regulations regarding wholesale pricing.

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