Kopsakangas-Savolainen, Maria; Takalo, Tuomas - In: Review of Network Economics 13 (2014) 1, pp. 1-33
Abstract We study service fee and network size competition in an ATM market between an incumbent and an independent … size of the incumbent’s ATM network too small. However, if network sizes cannot be directly regulated, then competitive …, according to our model, results in an increased interchange fee and a larger ATM network. In contrast with the actual regulation …