Welcome to Day Two
The Law and Economics of Interchange Fees and Credit Card Markets
Welcome to day two of of our two-day symposium on the law and economics of interchange fees and credit cards.
Our symposium brings together several of the world’s leading experts on interchange fees and the law and economics of credit card markets. Our participants will discuss a range of issues surrounding the regulation of interchange and credit card markets.
- Omri Ben-Shahar (University of Chicago Law School)
- Tom Brown (O’Melveney & Myers)
- Bob Chakravorti (Federal Reserve Bank of Chicago)
- Richard Epstein (University of Chicago and NYU Law Schools)
- Joshua Gans (University of Melbourne Business School)
- Ron Mann (Columbia University Law School)
- Geoffrey Manne (International Center for Law & Economics and Lewis & Clark Law School)
- Tim Muris (George Mason University School of Law and O’Melveney & Myers)
- Allan Shampine (Compass/Lexecon)
- Bob Stillman (CRA International)
- Jim Van Dyke (Javelin Strategy & Research)
- Joshua Wright (George Mason University School of Law)
- Todd Zywicki (George Mason University School of Law)
Today’s posts will cover the following topics:
- Assessing Cross-Subsidies. Posts from Tom Brown & Tim Muris and Todd Zywicki
- Assessing the Network Rules. Posts from Bob Chakravorti and Joshua Gans
- Considering the Costs: Fraud. Posts from Jim Van Dyke, Allan Shampine and Geoffrey Manne
- Additional Responses and Closing Thoughts. Posts from Omri Ben-Shahar and Joshua Wright and TBD
The posts will appear regularly throughout the day to allow time between posts for discussion: Check back for updates and comments. Expect free-ranging discussion in the comments–most of these issues are inter-related and we will return to several themes throughout the symposium.
You can find all of the symposium posts under the “credit card symposium” link on the right side of the page.
Thank you for joining us!