Using Micromodels in EFT Analysis
This paper focuses on a triad: individuals, nonfinancial firms, and financial institutions, each of which is important in the analysis of EFT systems. Any successful implementation of EFT must consider the perspectives and motivations of each of these three groups when they undertake financial transactions. Cohn(1) correctly points out that an appropriate analysis of this triad will require a multidisciplinary set of skills including economics, marketing, the law, technological innovation, computer science, and operations research.
KeywordsFinancial Institution Payment Transfer Automatic Teller Machine Electronic Fund Transfer Nonfinancial Firm
Unable to display preview. Download preview PDF.
- 1.R. A. Cohn, Modeling the Implementation of Electronic Funds Transfer, Public Systems Evaluation Working Paper No. PPR-7718. Cambridge, Massachusetts (1976).Google Scholar