Charging Ahead: The Growth and Regulation of Payment Card Markets Around the World

ISBN-13: 9780521711487 / Angielski / Miękka / 2007 / 310 str.

Ronald J. Mann

Opis

This book was the first comprehensive treatment of credit cards in the global economy.

Recenzje

"...Charging Ahead: The Growth and Regulation of Payment Card Markets offers a refreshingly balanced perspective on the optimal use of credits...the book manages to be provocative without resort to polemic. Even rarer, Charging Ahead reveals how payment systems law-perhaps the most esoteric topic in the already esoteric world of commercial law -shapes our society and its pursuit of the good life...Charging Ahead elucidates the public effects of our often mindless act of paying with plastic...Charging Ahead concludes with a cogent and careful circumscribed set of strategies for reshaping American appetites for credit card use...provides a concise and readable explication of the variety of payment cards, focusing on the benefits and burdens of debit cards versus credit cards...articulate a persuasive agenda for credit card reform that has international applicability..."
--Katherine Porter, Michigan Law Review [Vol. 106:1167]

Spis treści

Introduction; Part I. The Basics of Payment Cards: 1. Paper or plastic? - payment system functionality; 2. The mechanics of payment card transactions; Part II. Easy Money: 3. In defense of credit cards; 4. The psychology of card payments - card spending and consumer debt; 5. Over the brink - credit card debt and bankruptcy; Part III. The Puzzle of Payment Cards: 6. Explaining the pattern of global card use; 7. The introduction of the payment card; 8. Revolving credit; 9. Point-of-sale debit; 10. Convergence and exceptionalism in the use of cards; Part IV. Reforming Payment Systems: 11. Indirect approaches: regulating interchange and encouraging surcharges; 12. Contract design; 13. Regulating information; 14. Product design: affinity and rewards programs and teaser rates; Part V. Optimizing Consumer Credit Markets and Bankruptcy Policy: 15. Causation, consumer credit and bankruptcy; 16. Regulating consumer credit markets; 17. Consumer bankruptcy reform; Conclusion; Endnotes; Bibliography; Index.