RDP 2012-03: ATM Fees, Pricing and Consumer Behaviour: An Analysis of ATM Network Reform in Australia
Equation (21)
d
1
∗
=
1
2
(
l
+
Pr
(
Φ
≤
l
)
E
(
Φ
|
Φ
≤
l
)
+
l
Pr
(
Φ
>
l
)
)
.
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