In this article, we survey the recent theoretical literature on payment cards and study their implications for public policy. Payment card networks have faced regulatory scrutiny in several countries regarding the setting of various fees including interchange fees—fees paid by the merchant’s financial institution to the cardholder’s financial institution. In addition, other common payment pract...

This study explores the feasibility of implementing a sustainable funding mechanism for ocean and coastal management in Jamaica. Results show that tourists are more willing to pay for an ‘‘environmental tax’’ than a general ‘‘tourism development tax’’. The study found that an environmental surcharge of US$2 per person could generate $3.4M per year for management with 0.2% rate of decline in tou...

Expansive soils can be found in many parts of the world particularly in arid and semi-arid regions. These soilspose a significant hazard to civil engineering structures due to its high swelling and shrinkage potential. This paperpresents the results of an experimental program developed to investigate the effect of cyclic drying and wetting on theswelling potential of expansive soils with variou...