Policy makers have been trying to replace Medicare's fee-for-service payment system for years with approaches that pay one price for an aggregation of services. The intent is to reward providers for offering needed care in the most appropriate and cost-effective manner. Medicare's first payment change designed to accomplish such a change was the hospital prospective payment system, introduced d...

The rapid transition to card payments has sparked a search for effective countermeasures to those who exploit card payment security vulnerabilities to commit payment fraud. A review of these vulnerabilities finds that they are tied together by an information-intensive payment approval system. Especially damaging are large data breaches, which are often the result of criminals gathering informat...

The project reported here, sponsored by the American Medical Association (AMA), aimed to describe the effects that alternative health care payment models (i.e., models other than fee-for-service payment) have on physicians and physician practices in the United States. These payment models included capitation, episode-based and bundled payment, shared savings, pay for performance, and retainer-b...

Drawing on the theory of consumption value, this research-in-progress strives to provide a theoretical explanation of payment technology use by investigating the relationship between consumers’ perceptions of different consumption values associated with a certain payment technology and their choice to use the technology. We conducted the study in the context of Denmark, a Northern European coun...

Combinatorial auctions have a wide range of real-world applications; yet, designing combinatorial auction mechanisms that simultaneously possess good economic properties and computational tractability remains a major challenge. An auction mechanism consists of an allocation rule and a payment rule. We propose a new framework that uses Structural SVMs to design a payment rule for any given alloc...

In this paper, we investigate the problem of determining a retailer’s optimal cycle time and the optimal payment policy when supplier offers partially or fully permissible delay in payment linking to payment time. The retailer can obtain the larger fraction of the delay payment permitted by the supplier when the retailer chooses the shorter delayed payment period. The supplier uses this policy ...

The objective of this study is to explore antecedents of trust and the influence of trust on intention to use mobile payments. The research examines three dimensions of trust antecedents including trust perceptions of the mobile service provider, the mobile payment vendor and mobile technology. The results are based on a survey sample of 302 participants. PLS-SEM is employed in the data analysi...

This paper focuses on the triumph march of mobile phones that currently are annexing music players, navigation devices, and cameras as separate physical objects. The next target is set on payment. Through synthesizing available literature, we construct a framework for studying digital payment platforms that combines platform, technology and business design aspects. The framework is applied to c...

With the upcoming of ubiquitous computing, banks and financial institutes meet new chances and challenges in their business. The goal of this paper is to identify requirements and test technologies for ubiquitous payment (u-payment). The work was done in a joint research project of our research team and United Bank of Switzerland (UBS). To derive the results the project team conducted interdisc...

The European banking industry joined forces to achieve a fully integrated market for retail payment services in the euro area: the Single Euro Payments Area (SEPA). Against this background, the present paper examines the fundamental relationship between retail payment business and overall bank performance. Using data from across 27 European markets over the period 2000–2007, we analyse whether ...