As online transactions continue to increase and become a significant part of the global economy, the ability to accept payments online becomes more important for businesses. This paper evaluates the literature and provides current information for IS researchers and instructors focusing on electronic commerce. In this paper, we explore the components of e-credit providers (conventional, person-t...

As life becomes more and more convenient with all sorts of high-techs around, traveling has become more and more popular. Travelers nowadays can choose to use either common metallic/paper currency or credit cards to pay their bills. However, money in pockets or wallets/purses is subject to being robbed of, while credit cards are at the risk of being cloned. The traveler’s check, which is a thir...

I propose a model where agents optimally choose to conduct their business using two payment instruments, money and bilateral credit. A friction in the timing of transactions rationalizes the use of both instruments and makes it optimal for agents to use money as a means of settlement for credit. Money and credit complement each other. With anticipated in‡ation, complementarity implies that the ...

Corporate bond yields are sensitive to labor market conditions. During the 1929-2015 period, a one percentage point increase in the unemployment rate is associated with a widening of the Baa-Aaa credit spread by 13 basis points. This paper explores the impact of labor market conditions on credit risk, by incorporating defaultable debt into an otherwise standard Diamond-MortensenPissarides labor...

For Stu dents En ter ing the Oklahoma State Sys tem for Higher Ed u ca tion Sum mer 2010 through Spring 2011 GEN ERAL RE QUIRE MENTS Geo graphic In for ma tion Sci ence B452 Bach e lor of Sci ence in Geo graphic In for ma tion Sci ence To tal Credit Hours . . . . . . . . . . . . . . . . . . . . . . . . 124• To tal Up per-Di vi sion Credit Hours . . . . . . . . . . . . . . . . . 48 Min i mum Re ...

A congestion control scheme based on credibility is proposed. In this scheme, the whole n etwork is divided into several indepen dent domains, a nd e ach dom ain con tains a congestion contro l server (CCS) and several control modules (CM). The CCS is used to collect credit information and make punish ment decisions based on the credit information, while the CM cr eates si gnaling packets to ca...

The impact of credit quality on swap rates is determined under alternative netting assumptions. With counterparties of di erent default risk, swap valuation is non-linear in the underlying promised exchange of cash ows. The impact of credit risk asymmetry and of netting is presented through both theory and numerical examples, which include interest rate and currency swaps. Please address all co...

In this paper we consider an M=M=1 queueing system in which the server can serve at two di erent speeds. The speed of the server is regulated by the content of a credit bu er. The performance measures of interest are the sojourn time distribution of customers and the joint distribution of the content of the waiting room and the content of the credit bu er. This system is a simple model for a tr...

The UA Indigenous Governance Program is an educational partnership between two units, the Native Nations Institute [4] (NNI) at the Udall Center for Studies in Public Policy [5] and the Indigenous Peoples' Law and Policy Program [6] (IPLP) at the James E. Rogers College of Law [7]. In 2018, its three-week JIT event offers fourteen different courses, ranging from Indigenous Food Sovereignty [8] ...

Financial innovations are a common explanation for the rise in credit card debt and bankruptcies. To evaluate this story, we develop a simple model that incorporates two key frictions: asymmetric information about borrowers’ risk of default and a fixed cost of developing each contract lenders offer. Innovations that ameliorate asymmetric information or reduce this fixed cost have large extensiv...