Local Advantage in a Global Context
Edited by Charlie Karlsson, Börje Johansson and Roger R. Stough
Chapter 10: Economic Evaluation of Pre- and Post-Discounting Fee Systems
10. Economic evaluation of pre- and post-discounting fee systems Kakuya Matsushima and Kiyoshi Kobayashi 10.1 INTRODUCTION Thanks to the innovation of information technology (IT), various financial settlement systems are developing rapidly. With t...
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