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THE VALUE OF STATE SUPPORT FOR RUSSIAN PAYMENT CARDS MIR. / Окулов, Виталий Леонидович; Сполохова, Карина Леонидовна.

GSOM EMERGING MARKETS CONFERENCE 2022 CONFERENCE BOOK. . Издательство Санкт-Петербургского университета, 2022. p. 294-300.

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution › Research › peer-review

Harvard

Окулов, ВЛ & Сполохова, КЛ 2022, THE VALUE OF STATE SUPPORT FOR RUSSIAN PAYMENT CARDS MIR. in GSOM EMERGING MARKETS CONFERENCE 2022 CONFERENCE BOOK. . Издательство Санкт-Петербургского университета, pp. 294-300, GSOM Emerging Markets Conference - 2022, Санкт-Петербург, Russian Federation, 5/10/22.

APA

Окулов, В. Л., & Сполохова, К. Л. (2022). THE VALUE OF STATE SUPPORT FOR RUSSIAN PAYMENT CARDS MIR. In GSOM EMERGING MARKETS CONFERENCE 2022 CONFERENCE BOOK. (pp. 294-300). Издательство Санкт-Петербургского университета.

Vancouver

Окулов ВЛ, Сполохова КЛ. THE VALUE OF STATE SUPPORT FOR RUSSIAN PAYMENT CARDS MIR. In GSOM EMERGING MARKETS CONFERENCE 2022 CONFERENCE BOOK. . Издательство Санкт-Петербургского университета. 2022. p. 294-300

Author

Окулов, Виталий Леонидович ; Сполохова, Карина Леонидовна. / THE VALUE OF STATE SUPPORT FOR RUSSIAN PAYMENT CARDS MIR. GSOM EMERGING MARKETS CONFERENCE 2022 CONFERENCE BOOK. . Издательство Санкт-Петербургского университета, 2022. pp. 294-300

BibTeX

@inproceedings{13822d9b584f450fbda4798bddd2234c,
title = "THE VALUE OF STATE SUPPORT FOR RUSSIAN PAYMENT CARDS MIR",
abstract = "Mir payment cards, launched after the creation of the National System of Payment Cards in Russia, had to compete with the cards of the international payment systems VISA and MasterCard, which by that time had completely captured the Russian market. The Russian legislature, executive government and the Bank of Russia took a number of protectionist measures of a legal and organizational nature that provided the initial impetus for the diffusion of Mir cards among Russian citizens. In this article, we assess the value of this state support by viewing the payment card system as a two-sided platform and describing its development with equations of population dynamics. Our estimates obtained by simulation modeling show that at the time of decision-making, the value of state support for payment cards Mir amounted to about 3.5 billion rubles.",
keywords = "RUSSIAN CARD PAYMENT SYSTEM, PAYMENT CARDS MIR, STATE SUPPORT, PLATFORMS, SIMULATION MODELING",
author = "Окулов, {Виталий Леонидович} and Сполохова, {Карина Леонидовна}",
year = "2022",
month = oct,
day = "8",
language = "English",
pages = "294--300",
booktitle = "GSOM EMERGING MARKETS CONFERENCE 2022 CONFERENCE BOOK.",
publisher = "Издательство Санкт-Петербургского университета",
address = "Russian Federation",
note = "null ; Conference date: 05-10-2022 Through 08-10-2022",
url = "https://gsom.spbu.ru/images/cms/data/21_04_2012_vesennij_den_karery1/gsom_emc_2022_call_for_papers.pdf",

}

RIS

TY - GEN

T1 - THE VALUE OF STATE SUPPORT FOR RUSSIAN PAYMENT CARDS MIR

AU - Окулов, Виталий Леонидович

AU - Сполохова, Карина Леонидовна

PY - 2022/10/8

Y1 - 2022/10/8

N2 - Mir payment cards, launched after the creation of the National System of Payment Cards in Russia, had to compete with the cards of the international payment systems VISA and MasterCard, which by that time had completely captured the Russian market. The Russian legislature, executive government and the Bank of Russia took a number of protectionist measures of a legal and organizational nature that provided the initial impetus for the diffusion of Mir cards among Russian citizens. In this article, we assess the value of this state support by viewing the payment card system as a two-sided platform and describing its development with equations of population dynamics. Our estimates obtained by simulation modeling show that at the time of decision-making, the value of state support for payment cards Mir amounted to about 3.5 billion rubles.

AB - Mir payment cards, launched after the creation of the National System of Payment Cards in Russia, had to compete with the cards of the international payment systems VISA and MasterCard, which by that time had completely captured the Russian market. The Russian legislature, executive government and the Bank of Russia took a number of protectionist measures of a legal and organizational nature that provided the initial impetus for the diffusion of Mir cards among Russian citizens. In this article, we assess the value of this state support by viewing the payment card system as a two-sided platform and describing its development with equations of population dynamics. Our estimates obtained by simulation modeling show that at the time of decision-making, the value of state support for payment cards Mir amounted to about 3.5 billion rubles.

KW - RUSSIAN CARD PAYMENT SYSTEM

KW - PAYMENT CARDS MIR

KW - STATE SUPPORT

KW - PLATFORMS

KW - SIMULATION MODELING

UR - https://www.elibrary.ru/item.asp?id=50172401

M3 - Conference contribution

SP - 294

EP - 300

BT - GSOM EMERGING MARKETS CONFERENCE 2022 CONFERENCE BOOK.

PB - Издательство Санкт-Петербургского университета

Y2 - 5 October 2022 through 8 October 2022

ER -

ID: 105274761