Research Discussion Paper – RDP 2015-03 The Value of Payment Instruments: Estimating Willingness to Pay and Consumer Surplus


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The authors would like to thank David Emery, Darren Flood, Rochelle Guttmann, James Hansen, Greg Kaplan, Christopher Kent, Matthew Read, Tony Richards and John Simon for helpful discussions and feedback. The paper also benefited from valuable expertise and advice from Denzil Fiebig.