id	sid	tid	token	lemma	pos
cblr-3009	1	1	transaction	transaction	NOUN
cblr-3009	1	2	costs	cost	NOUN
cblr-3009	1	3	,	,	PUNCT
cblr-3009	1	4	externalities	externality	NOUN
cblr-3009	1	5	,	,	PUNCT
cblr-3009	1	6	and	and	CCONJ
cblr-3009	1	7	two	two	NUM
cblr-3009	1	8	-	-	PUNCT
cblr-3009	1	9	sided	sided	ADJ
cblr-3009	1	10	payment	payment	NOUN
cblr-3009	1	11	markets	market	NOUN
cblr-3009	1	12	transaction	transaction	NOUN
cblr-3009	1	13	costs	cost	NOUN
cblr-3009	1	14	,	,	PUNCT
cblr-3009	1	15	externalities	externality	NOUN
cblr-3009	1	16	,	,	PUNCT
cblr-3009	1	17	and	and	CCONJ
cblr-3009	1	18	"	"	PUNCT
cblr-3009	1	19	two	two	NUM
cblr-3009	1	20	-	-	PUNCT
cblr-3009	1	21	sided	sided	ADJ
cblr-3009	1	22	"	"	PUNCT
cblr-3009	1	23	payment	payment	NOUN
cblr-3009	1	24	markets	market	NOUN
cblr-3009	1	25	dennis	dennis	PROPN
cblr-3009	1	26	w.	w.	PROPN
cblr-3009	1	27	carlton	carlton	PROPN
cblr-3009	1	28	*	*	PROPN
cblr-3009	1	29	alan	alan	PROPN
cblr-3009	1	30	s.	s.	PROPN
cblr-3009	1	31	frankel	frankel	PROPN
cblr-3009	1	32	*	*	PROPN
cblr-3009	1	33	*	*	PROPN
cblr-3009	1	34	i.	i.	NOUN
cblr-3009	1	35	introduction	introduction	NOUN
cblr-3009	1	36	................................................................	................................................................	PUNCT
cblr-3009	1	37	617	617	NUM
cblr-3009	1	38	ii	ii	NOUN
cblr-3009	1	39	.	.	PUNCT
cblr-3009	2	1	transaction	transaction	NOUN
cblr-3009	2	2	costs	cost	NOUN
cblr-3009	2	3	and	and	CCONJ
cblr-3009	2	4	externalities	externality	NOUN
cblr-3009	2	5	.........................	.........................	PUNCT
cblr-3009	2	6	618	618	NUM
cblr-3009	2	7	a.	a.	NOUN
cblr-3009	2	8	transaction	transaction	NOUN
cblr-3009	2	9	costs	cost	NOUN
cblr-3009	2	10	................................................	................................................	PUNCT
cblr-3009	3	1	618	618	NUM
cblr-3009	3	2	b	b	NOUN
cblr-3009	3	3	.	.	PUNCT
cblr-3009	4	1	externalities	externality	NOUN
cblr-3009	4	2	........................................................	........................................................	PUNCT
cblr-3009	5	1	622	622	NUM
cblr-3009	5	2	c.	c.	NOUN
cblr-3009	5	3	network	network	NOUN
cblr-3009	5	4	externalities	externality	NOUN
cblr-3009	5	5	.........................................	.........................................	PUNCT
cblr-3009	5	6	624	624	NUM
cblr-3009	5	7	d.	d.	PROPN
cblr-3009	5	8	indirect	indirect	ADJ
cblr-3009	5	9	network	network	NOUN
cblr-3009	5	10	effects	effect	NOUN
cblr-3009	5	11	and	and	CCONJ
cblr-3009	5	12	two	two	NUM
cblr-3009	5	13	-	-	PUNCT
cblr-3009	5	14	sided	sided	ADJ
cblr-3009	5	15	m	m	NOUN
cblr-3009	5	16	arkets	arket	NOUN
cblr-3009	5	17	................................................................	................................................................	PUNCT
cblr-3009	5	18	626	626	NUM
cblr-3009	5	19	iii	iii	NOUN
cblr-3009	5	20	.	.	PUNCT
cblr-3009	5	21	collective	collective	ADJ
cblr-3009	5	22	restrictions	restriction	NOUN
cblr-3009	5	23	and	and	CCONJ
cblr-3009	5	24	interchange	interchange	NOUN
cblr-3009	5	25	fees	fee	NOUN
cblr-3009	5	26	in	in	ADP
cblr-3009	5	27	two	two	NUM
cblr-3009	5	28	-	-	PUNCT
cblr-3009	5	29	sided	sided	ADJ
cblr-3009	5	30	payment	payment	NOUN
cblr-3009	5	31	systems	system	NOUN
cblr-3009	5	32	....................................	....................................	PUNCT
cblr-3009	5	33	631	631	NUM
cblr-3009	5	34	a.	a.	NOUN
cblr-3009	5	35	fees	fee	NOUN
cblr-3009	5	36	to	to	PART
cblr-3009	5	37	cover	cover	VERB
cblr-3009	5	38	network	network	NOUN
cblr-3009	5	39	costs	cost	NOUN
cblr-3009	5	40	..............................	..............................	PUNCT
cblr-3009	5	41	631	631	NUM
cblr-3009	5	42	b.	b.	NOUN
cblr-3009	5	43	the	the	DET
cblr-3009	5	44	interchange	interchange	NOUN
cblr-3009	5	45	fee	fee	NOUN
cblr-3009	5	46	............................................	............................................	PUNCT
cblr-3009	5	47	633	633	NUM
cblr-3009	5	48	c.	c.	NOUN
cblr-3009	5	49	usage	usage	NOUN
cblr-3009	5	50	and	and	CCONJ
cblr-3009	5	51	membership	membership	NOUN
cblr-3009	5	52	externalities	externality	NOUN
cblr-3009	5	53	................	................	PUNCT
cblr-3009	5	54	635	635	NUM
cblr-3009	5	55	d.	d.	NOUN
cblr-3009	5	56	policy	policy	NOUN
cblr-3009	5	57	questions	question	NOUN
cblr-3009	5	58	regarding	regard	VERB
cblr-3009	5	59	interchange	interchange	NOUN
cblr-3009	5	60	fees	fee	NOUN
cblr-3009	5	61	and	and	CCONJ
cblr-3009	5	62	associated	associated	ADJ
cblr-3009	5	63	pricing	pricing	NOUN
cblr-3009	5	64	restrictions	restriction	NOUN
cblr-3009	5	65	...................	...................	PUNCT
cblr-3009	6	1	637	637	NUM
cblr-3009	6	2	iv	iv	X
cblr-3009	6	3	.	.	PUNCT
cblr-3009	7	1	c	c	PROPN
cblr-3009	7	2	onclusion	onclusion	NOUN
cblr-3009	7	3	..................................................................	..................................................................	PUNCT
cblr-3009	7	4	641	641	NUM
cblr-3009	7	5	i.	i.	NOUN
cblr-3009	7	6	introduction	introduction	NOUN
cblr-3009	7	7	recent	recent	ADJ
cblr-3009	7	8	study	study	NOUN
cblr-3009	7	9	of	of	ADP
cblr-3009	7	10	two	two	NUM
cblr-3009	7	11	-	-	PUNCT
cblr-3009	7	12	sided	sided	ADJ
cblr-3009	7	13	markets	market	NOUN
cblr-3009	7	14	has	have	AUX
cblr-3009	7	15	generated	generate	VERB
cblr-3009	7	16	a	a	DET
cblr-3009	7	17	rapidly	rapidly	ADV
cblr-3009	7	18	growing	grow	VERB
cblr-3009	7	19	and	and	CCONJ
cblr-3009	7	20	technically	technically	ADV
cblr-3009	7	21	complicated	complicated	ADJ
cblr-3009	7	22	body	body	NOUN
cblr-3009	7	23	of	of	ADP
cblr-3009	7	24	*	*	PUNCT
cblr-3009	7	25	professor	professor	PROPN
cblr-3009	7	26	carlton	carlton	PROPN
cblr-3009	7	27	teaches	teach	VERB
cblr-3009	7	28	at	at	ADP
cblr-3009	7	29	the	the	DET
cblr-3009	7	30	university	university	PROPN
cblr-3009	7	31	of	of	ADP
cblr-3009	7	32	chicago	chicago	PROPN
cblr-3009	7	33	graduate	graduate	PROPN
cblr-3009	7	34	school	school	NOUN
cblr-3009	7	35	of	of	ADP
cblr-3009	7	36	business	business	NOUN
cblr-3009	7	37	.	.	PUNCT
cblr-3009	8	1	*	*	PUNCT
cblr-3009	8	2	*	*	PUNCT
cblr-3009	8	3	mr	mr	PROPN
cblr-3009	8	4	.	.	PROPN
cblr-3009	8	5	frankel	frankel	PROPN
cblr-3009	8	6	is	be	AUX
cblr-3009	8	7	a	a	DET
cblr-3009	8	8	senior	senior	ADJ
cblr-3009	8	9	vice	vice	NOUN
cblr-3009	8	10	president	president	NOUN
cblr-3009	8	11	at	at	ADP
cblr-3009	8	12	lexecon	lexecon	PROPN
cblr-3009	8	13	,	,	PUNCT
cblr-3009	8	14	an	an	DET
cblr-3009	8	15	economics	economics	NOUN
cblr-3009	8	16	consulting	consulting	NOUN
cblr-3009	8	17	firm	firm	NOUN
cblr-3009	8	18	.	.	PUNCT
cblr-3009	9	1	the	the	DET
cblr-3009	9	2	authors	author	NOUN
cblr-3009	9	3	wish	wish	VERB
cblr-3009	9	4	to	to	PART
cblr-3009	9	5	thank	thank	VERB
cblr-3009	9	6	gustavo	gustavo	PROPN
cblr-3009	9	7	bamberger	bamberger	PROPN
cblr-3009	9	8	,	,	PUNCT
cblr-3009	9	9	kevin	kevin	PROPN
cblr-3009	9	10	murphy	murphy	PROPN
cblr-3009	9	11	,	,	PUNCT
cblr-3009	9	12	allan	allan	PROPN
cblr-3009	9	13	shampine	shampine	PROPN
cblr-3009	9	14	,	,	PUNCT
cblr-3009	9	15	jean	jean	PROPN
cblr-3009	9	16	tirole	tirole	PROPN
cblr-3009	9	17	,	,	PUNCT
cblr-3009	9	18	and	and	CCONJ
cblr-3009	9	19	participants	participant	NOUN
cblr-3009	9	20	of	of	ADP
cblr-3009	9	21	the	the	DET
cblr-3009	9	22	april	april	PROPN
cblr-3009	9	23	2005	2005	NUM
cblr-3009	9	24	conference	conference	NOUN
cblr-3009	9	25	on	on	ADP
cblr-3009	9	26	two	two	NUM
cblr-3009	9	27	-	-	PUNCT
cblr-3009	9	28	sided	sided	ADJ
cblr-3009	9	29	markets	market	NOUN
cblr-3009	9	30	held	hold	VERB
cblr-3009	9	31	at	at	ADP
cblr-3009	9	32	the	the	DET
cblr-3009	9	33	columbia	columbia	PROPN
cblr-3009	9	34	university	university	PROPN
cblr-3009	9	35	school	school	NOUN
cblr-3009	9	36	of	of	ADP
cblr-3009	9	37	law	law	NOUN
cblr-3009	9	38	for	for	ADP
cblr-3009	9	39	their	their	PRON
cblr-3009	9	40	helpful	helpful	ADJ
cblr-3009	9	41	discussions	discussion	NOUN
cblr-3009	9	42	.	.	PUNCT
cblr-3009	10	1	both	both	DET
cblr-3009	10	2	messrs	messr	NOUN
cblr-3009	10	3	.	.	PROPN
cblr-3009	10	4	carlton	carlton	PROPN
cblr-3009	10	5	and	and	CCONJ
cblr-3009	10	6	frankel	frankel	PROPN
cblr-3009	10	7	have	have	AUX
cblr-3009	10	8	served	serve	VERB
cblr-3009	10	9	as	as	ADP
cblr-3009	10	10	experts	expert	NOUN
cblr-3009	10	11	on	on	ADP
cblr-3009	10	12	behalf	behalf	NOUN
cblr-3009	10	13	of	of	ADP
cblr-3009	10	14	clients	client	NOUN
cblr-3009	10	15	adverse	adverse	ADJ
cblr-3009	10	16	to	to	ADP
cblr-3009	10	17	visa	visa	NOUN
cblr-3009	10	18	and	and	CCONJ
cblr-3009	10	19	mastercard	mastercard	NOUN
cblr-3009	10	20	.	.	PUNCT
cblr-3009	11	1	literature	literature	PROPN
cblr-3009	11	2	.	.	PUNCT
cblr-3009	12	1	as	as	SCONJ
cblr-3009	12	2	we	we	PRON
cblr-3009	12	3	will	will	AUX
cblr-3009	12	4	describe	describe	VERB
cblr-3009	12	5	more	more	ADV
cblr-3009	12	6	precisely	precisely	ADV
cblr-3009	12	7	in	in	ADP
cblr-3009	12	8	this	this	DET
cblr-3009	12	9	article	article	NOUN
cblr-3009	12	10	,	,	PUNCT
cblr-3009	12	11	a	a	DET
cblr-3009	12	12	two	two	NUM
cblr-3009	12	13	-	-	PUNCT
cblr-3009	12	14	sided	sided	ADJ
cblr-3009	12	15	market	market	NOUN
cblr-3009	12	16	is	be	AUX
cblr-3009	12	17	one	one	NUM
cblr-3009	12	18	in	in	ADP
cblr-3009	12	19	which	which	PRON
cblr-3009	12	20	externalities	externality	NOUN
cblr-3009	12	21	exist	exist	VERB
cblr-3009	12	22	amongst	amongst	ADP
cblr-3009	12	23	market	market	NOUN
cblr-3009	12	24	participants	participant	NOUN
cblr-3009	12	25	.	.	PUNCT
cblr-3009	13	1	domestic	domestic	ADJ
cblr-3009	13	2	and	and	CCONJ
cblr-3009	13	3	international	international	ADJ
cblr-3009	13	4	antitrust	antitrust	ADJ
cblr-3009	13	5	litigation	litigation	NOUN
cblr-3009	13	6	and	and	CCONJ
cblr-3009	13	7	regulation	regulation	NOUN
cblr-3009	13	8	involving	involve	VERB
cblr-3009	13	9	payment	payment	NOUN
cblr-3009	13	10	system	system	NOUN
cblr-3009	13	11	networks	network	NOUN
cblr-3009	13	12	,	,	PUNCT
cblr-3009	13	13	such	such	ADJ
cblr-3009	13	14	as	as	ADP
cblr-3009	13	15	those	those	PRON
cblr-3009	13	16	operated	operate	VERB
cblr-3009	13	17	by	by	ADP
cblr-3009	13	18	the	the	DET
cblr-3009	13	19	mastercard	mastercard	PROPN
cblr-3009	13	20	and	and	CCONJ
cblr-3009	13	21	visa	visa	PROPN
cblr-3009	13	22	bank	bank	PROPN
cblr-3009	13	23	joint	joint	ADJ
cblr-3009	13	24	ventures	venture	NOUN
cblr-3009	13	25	,	,	PUNCT
cblr-3009	13	26	have	have	AUX
cblr-3009	13	27	contributed	contribute	VERB
cblr-3009	13	28	to	to	ADP
cblr-3009	13	29	the	the	DET
cblr-3009	13	30	increased	increase	VERB
cblr-3009	13	31	interest	interest	NOUN
cblr-3009	13	32	in	in	ADP
cblr-3009	13	33	two	two	NUM
cblr-3009	13	34	-	-	PUNCT
cblr-3009	13	35	sided	sided	ADJ
cblr-3009	13	36	markets	market	NOUN
cblr-3009	13	37	.	.	PUNCT
cblr-3009	14	1	central	central	ADJ
cblr-3009	14	2	to	to	ADP
cblr-3009	14	3	the	the	DET
cblr-3009	14	4	issues	issue	NOUN
cblr-3009	14	5	being	be	AUX
cblr-3009	14	6	litigated	litigate	VERB
cblr-3009	14	7	are	be	AUX
cblr-3009	14	8	the	the	DET
cblr-3009	14	9	collective	collective	ADJ
cblr-3009	14	10	establishment	establishment	NOUN
cblr-3009	14	11	of	of	ADP
cblr-3009	14	12	policies	policy	NOUN
cblr-3009	14	13	,	,	PUNCT
cblr-3009	14	14	such	such	ADJ
cblr-3009	14	15	as	as	ADP
cblr-3009	14	16	"	"	PUNCT
cblr-3009	14	17	no	no	DET
cblr-3009	14	18	-	-	PUNCT
cblr-3009	14	19	surcharge	surcharge	NOUN
cblr-3009	14	20	rules	rule	NOUN
cblr-3009	14	21	,	,	PUNCT
cblr-3009	14	22	"	"	PUNCT
cblr-3009	14	23	that	that	PRON
cblr-3009	14	24	govern	govern	VERB
cblr-3009	14	25	how	how	SCONJ
cblr-3009	14	26	retail	retail	ADJ
cblr-3009	14	27	merchants	merchant	NOUN
cblr-3009	14	28	may	may	AUX
cblr-3009	14	29	set	set	VERB
cblr-3009	14	30	prices	price	NOUN
cblr-3009	14	31	and	and	CCONJ
cblr-3009	14	32	the	the	DET
cblr-3009	14	33	setting	setting	NOUN
cblr-3009	14	34	of	of	ADP
cblr-3009	14	35	transfer	transfer	NOUN
cblr-3009	14	36	payments	payment	NOUN
cblr-3009	14	37	(	(	PUNCT
cblr-3009	14	38	"	"	PUNCT
cblr-3009	14	39	interchange	interchange	NOUN
cblr-3009	14	40	fees	fee	NOUN
cblr-3009	14	41	"	"	PUNCT
cblr-3009	14	42	)	)	PUNCT
cblr-3009	14	43	between	between	ADP
cblr-3009	14	44	the	the	DET
cblr-3009	14	45	members	member	NOUN
cblr-3009	14	46	of	of	ADP
cblr-3009	14	47	the	the	DET
cblr-3009	14	48	payment	payment	NOUN
cblr-3009	14	49	system	system	NOUN
cblr-3009	14	50	networks	network	NOUN
cblr-3009	14	51	.	.	PUNCT
cblr-3009	15	1	in	in	ADP
cblr-3009	15	2	this	this	DET
cblr-3009	15	3	paper	paper	NOUN
cblr-3009	15	4	,	,	PUNCT
cblr-3009	15	5	we	we	PRON
cblr-3009	15	6	review	review	VERB
cblr-3009	15	7	the	the	DET
cblr-3009	15	8	fundamental	fundamental	ADJ
cblr-3009	15	9	economic	economic	ADJ
cblr-3009	15	10	forces	force	NOUN
cblr-3009	15	11	that	that	PRON
cblr-3009	15	12	underlie	underlie	VERB
cblr-3009	15	13	two	two	NUM
cblr-3009	15	14	-	-	PUNCT
cblr-3009	15	15	sided	sided	ADJ
cblr-3009	15	16	markets	market	NOUN
cblr-3009	15	17	and	and	CCONJ
cblr-3009	15	18	then	then	ADV
cblr-3009	15	19	discuss	discuss	VERB
cblr-3009	15	20	how	how	SCONJ
cblr-3009	15	21	these	these	DET
cblr-3009	15	22	forces	force	NOUN
cblr-3009	15	23	relate	relate	VERB
cblr-3009	15	24	to	to	ADP
cblr-3009	15	25	current	current	ADJ
cblr-3009	15	26	debates	debate	NOUN
cblr-3009	15	27	over	over	ADP
cblr-3009	15	28	the	the	DET
cblr-3009	15	29	competitive	competitive	ADJ
cblr-3009	15	30	effects	effect	NOUN
cblr-3009	15	31	of	of	ADP
cblr-3009	15	32	certain	certain	ADJ
cblr-3009	15	33	collective	collective	ADJ
cblr-3009	15	34	policies	policy	NOUN
cblr-3009	15	35	,	,	PUNCT
cblr-3009	15	36	such	such	ADJ
cblr-3009	15	37	as	as	ADP
cblr-3009	15	38	the	the	DET
cblr-3009	15	39	setting	setting	NOUN
cblr-3009	15	40	of	of	ADP
cblr-3009	15	41	interchange	interchange	NOUN
cblr-3009	15	42	fees	fee	NOUN
cblr-3009	15	43	.	.	PUNCT
cblr-3009	16	1	visa	visa	PROPN
cblr-3009	16	2	,	,	PUNCT
cblr-3009	16	3	mastercard	mastercard	PROPN
cblr-3009	16	4	,	,	PUNCT
cblr-3009	16	5	and	and	CCONJ
cblr-3009	16	6	some	some	DET
cblr-3009	16	7	economists	economist	NOUN
cblr-3009	16	8	have	have	AUX
cblr-3009	16	9	put	put	VERB
cblr-3009	16	10	forward	forward	ADV
cblr-3009	16	11	pro	pro	ADJ
cblr-3009	16	12	-	-	ADJ
cblr-3009	16	13	competitive	competitive	ADJ
cblr-3009	16	14	justifications	justification	NOUN
cblr-3009	16	15	for	for	ADP
cblr-3009	16	16	these	these	DET
cblr-3009	16	17	policies	policy	NOUN
cblr-3009	16	18	based	base	VERB
cblr-3009	16	19	on	on	ADP
cblr-3009	16	20	the	the	DET
cblr-3009	16	21	"	"	PUNCT
cblr-3009	16	22	two	two	NUM
cblr-3009	16	23	-	-	PUNCT
cblr-3009	16	24	sidedness	sidedness	NOUN
cblr-3009	16	25	"	"	PUNCT
cblr-3009	16	26	of	of	ADP
cblr-3009	16	27	payment	payment	NOUN
cblr-3009	16	28	systems	system	NOUN
cblr-3009	16	29	.	.	PUNCT
cblr-3009	16	30	'	'	PUNCT
cblr-3009	17	1	we	we	PRON
cblr-3009	17	2	pose	pose	VERB
cblr-3009	17	3	and	and	CCONJ
cblr-3009	17	4	discuss	discuss	VERB
cblr-3009	17	5	a	a	DET
cblr-3009	17	6	series	series	NOUN
cblr-3009	17	7	of	of	ADP
cblr-3009	17	8	questions	question	NOUN
cblr-3009	17	9	that	that	PRON
cblr-3009	17	10	probe	probe	VERB
cblr-3009	17	11	the	the	DET
cblr-3009	17	12	empirical	empirical	ADJ
cblr-3009	17	13	and	and	CCONJ
cblr-3009	17	14	policy	policy	NOUN
cblr-3009	17	15	relevance	relevance	NOUN
cblr-3009	17	16	of	of	ADP
cblr-3009	17	17	these	these	DET
cblr-3009	17	18	justifications	justification	NOUN
cblr-3009	17	19	.	.	PUNCT
cblr-3009	18	1	ii	ii	PROPN
cblr-3009	18	2	.	.	PUNCT
cblr-3009	19	1	transaction	transaction	NOUN
cblr-3009	19	2	costs	cost	NOUN
cblr-3009	19	3	and	and	CCONJ
cblr-3009	19	4	externalities	externalitie	VERB
cblr-3009	19	5	transaction	transaction	NOUN
cblr-3009	19	6	costs	cost	NOUN
cblr-3009	19	7	and	and	CCONJ
cblr-3009	19	8	externalities	externality	NOUN
cblr-3009	19	9	represent	represent	VERB
cblr-3009	19	10	the	the	DET
cblr-3009	19	11	two	two	NUM
cblr-3009	19	12	economic	economic	ADJ
cblr-3009	19	13	forces	force	NOUN
cblr-3009	19	14	at	at	ADP
cblr-3009	19	15	the	the	DET
cblr-3009	19	16	heart	heart	NOUN
cblr-3009	19	17	of	of	ADP
cblr-3009	19	18	two	two	NUM
cblr-3009	19	19	-	-	PUNCT
cblr-3009	19	20	sided	side	VERB
cblr-3009	19	21	markets	market	NOUN
cblr-3009	19	22	analysis	analysis	NOUN
cblr-3009	19	23	.	.	PUNCT
cblr-3009	20	1	because	because	SCONJ
cblr-3009	20	2	externalities	externality	NOUN
cblr-3009	20	3	exist	exist	VERB
cblr-3009	20	4	only	only	ADV
cblr-3009	20	5	in	in	ADP
cblr-3009	20	6	the	the	DET
cblr-3009	20	7	presence	presence	NOUN
cblr-3009	20	8	of	of	ADP
cblr-3009	20	9	transaction	transaction	NOUN
cblr-3009	20	10	costs	cost	NOUN
cblr-3009	20	11	,	,	PUNCT
cblr-3009	20	12	these	these	DET
cblr-3009	20	13	concepts	concept	NOUN
cblr-3009	20	14	are	be	AUX
cblr-3009	20	15	invariably	invariably	ADV
cblr-3009	20	16	interrelated	interrelate	VERB
cblr-3009	20	17	.	.	PUNCT
cblr-3009	21	1	a.	a.	NOUN
cblr-3009	21	2	transaction	transaction	NOUN
cblr-3009	21	3	costs	cost	VERB
cblr-3009	21	4	transaction	transaction	NOUN
cblr-3009	21	5	costs	cost	NOUN
cblr-3009	21	6	are	be	AUX
cblr-3009	21	7	the	the	DET
cblr-3009	21	8	expenses	expense	NOUN
cblr-3009	21	9	necessary	necessary	ADJ
cblr-3009	21	10	to	to	PART
cblr-3009	21	11	effect	effect	VERB
cblr-3009	21	12	the	the	DET
cblr-3009	21	13	transfer	transfer	NOUN
cblr-3009	21	14	of	of	ADP
cblr-3009	21	15	goods	good	NOUN
cblr-3009	21	16	from	from	ADP
cblr-3009	21	17	a	a	DET
cblr-3009	21	18	seller	seller	NOUN
cblr-3009	21	19	to	to	ADP
cblr-3009	21	20	a	a	DET
cblr-3009	21	21	buyer	buyer	NOUN
cblr-3009	21	22	.	.	PUNCT
cblr-3009	22	1	the	the	DET
cblr-3009	22	2	transaction	transaction	NOUN
cblr-3009	22	3	costs	cost	VERB
cblr-3009	22	4	that	that	PRON
cblr-3009	22	5	result	result	VERB
cblr-3009	22	6	from	from	ADP
cblr-3009	22	7	the	the	DET
cblr-3009	22	8	purchase	purchase	NOUN
cblr-3009	22	9	,	,	PUNCT
cblr-3009	22	10	installation	installation	NOUN
cblr-3009	22	11	,	,	PUNCT
cblr-3009	22	12	and	and	CCONJ
cblr-3009	22	13	usage	usage	NOUN
cblr-3009	22	14	1	1	NUM
cblr-3009	22	15	see	see	NOUN
cblr-3009	22	16	,	,	PUNCT
cblr-3009	22	17	e.g.	e.g.	ADV
cblr-3009	22	18	,	,	PUNCT
cblr-3009	22	19	william	william	PROPN
cblr-3009	22	20	f.	f.	PROPN
cblr-3009	22	21	baxter	baxter	PROPN
cblr-3009	22	22	,	,	PUNCT
cblr-3009	22	23	bank	bank	NOUN
cblr-3009	22	24	interchange	interchange	NOUN
cblr-3009	22	25	of	of	ADP
cblr-3009	22	26	transactional	transactional	ADJ
cblr-3009	22	27	paper	paper	NOUN
cblr-3009	22	28	:	:	PUNCT
cblr-3009	22	29	legal	legal	ADJ
cblr-3009	22	30	and	and	CCONJ
cblr-3009	22	31	economic	economic	ADJ
cblr-3009	22	32	perspectives	perspective	NOUN
cblr-3009	22	33	,	,	PUNCT
cblr-3009	22	34	26	26	NUM
cblr-3009	22	35	j.l	j.l	PROPN
cblr-3009	22	36	.	.	PROPN
cblr-3009	22	37	&	&	CCONJ
cblr-3009	22	38	econ	econ	PROPN
cblr-3009	22	39	.	.	PUNCT
cblr-3009	23	1	541	541	NUM
cblr-3009	23	2	(	(	PUNCT
cblr-3009	23	3	1983	1983	NUM
cblr-3009	23	4	)	)	PUNCT
cblr-3009	23	5	;	;	PUNCT
cblr-3009	23	6	jeancharles	jeancharles	PROPN
cblr-3009	23	7	rochet	rochet	PROPN
cblr-3009	23	8	&	&	CCONJ
cblr-3009	23	9	jean	jean	PROPN
cblr-3009	23	10	tirole	tirole	PROPN
cblr-3009	23	11	,	,	PUNCT
cblr-3009	23	12	two	two	NUM
cblr-3009	23	13	-	-	PUNCT
cblr-3009	23	14	sided	sided	ADJ
cblr-3009	23	15	markets	market	NOUN
cblr-3009	23	16	:	:	PUNCT
cblr-3009	23	17	an	an	DET
cblr-3009	23	18	overview	overview	NOUN
cblr-3009	23	19	1	1	NUM
cblr-3009	23	20	(	(	PUNCT
cblr-3009	23	21	indus	indus	PROPN
cblr-3009	23	22	.	.	PUNCT
cblr-3009	24	1	econ	econ	PROPN
cblr-3009	24	2	.	.	PUNCT
cblr-3009	24	3	inst	inst	PROPN
cblr-3009	24	4	.	.	PROPN
cblr-3009	24	5	,	,	PUNCT
cblr-3009	24	6	working	work	VERB
cblr-3009	24	7	paper	paper	NOUN
cblr-3009	24	8	no	no	INTJ
cblr-3009	25	1	.	.	PROPN
cblr-3009	25	2	275	275	NUM
cblr-3009	25	3	,	,	PUNCT
cblr-3009	25	4	2004	2004	NUM
cblr-3009	25	5	)	)	PUNCT
cblr-3009	25	6	,	,	PUNCT
cblr-3009	25	7	available	available	ADJ
cblr-3009	25	8	at	at	ADP
cblr-3009	25	9	http://www.idei.fr/doc/by/tirole/rochet-tirole.pdf	http://www.idei.fr/doc/by/tirole/rochet-tirole.pdf	PROPN
cblr-3009	25	10	.	.	PUNCT
cblr-3009	26	1	coluama	coluama	PROPN
cblr-3009	27	1	b	b	PRON
cblr-3009	27	2	usiness	usiness	NOUN
cblr-3009	27	3	la	la	PROPN
cblr-3009	27	4	w	w	PROPN
cblr-3009	27	5	re	re	PROPN
cblr-3009	27	6	vie	vie	PROPN
cblr-3009	27	7	w	w	PROPN
cblr-3009	28	1	[	[	X
cblr-3009	28	2	vol	vol	NOUN
cblr-3009	28	3	.	.	PUNCT
cblr-3009	28	4	2005	2005	NUM
cblr-3009	28	5	of	of	ADP
cblr-3009	28	6	scales	scale	NOUN
cblr-3009	28	7	and	and	CCONJ
cblr-3009	28	8	weights	weight	NOUN
cblr-3009	28	9	,	,	PUNCT
cblr-3009	28	10	cash	cash	NOUN
cblr-3009	28	11	registers	register	NOUN
cblr-3009	28	12	,	,	PUNCT
cblr-3009	28	13	and	and	CCONJ
cblr-3009	28	14	electronic	electronic	ADJ
cblr-3009	28	15	point	point	NOUN
cblr-3009	28	16	-	-	PUNCT
cblr-3009	28	17	ofsale	ofsale	NOUN
cblr-3009	28	18	terminals	terminal	NOUN
cblr-3009	28	19	influence	influence	NOUN
cblr-3009	28	20	consumer	consumer	NOUN
cblr-3009	28	21	welfare	welfare	NOUN
cblr-3009	28	22	in	in	ADP
cblr-3009	28	23	much	much	ADV
cblr-3009	28	24	the	the	DET
cblr-3009	28	25	same	same	ADJ
cblr-3009	28	26	way	way	NOUN
cblr-3009	28	27	as	as	ADP
cblr-3009	28	28	the	the	DET
cblr-3009	28	29	costs	cost	NOUN
cblr-3009	28	30	associated	associate	VERB
cblr-3009	28	31	with	with	ADP
cblr-3009	28	32	building	build	VERB
cblr-3009	28	33	a	a	DET
cblr-3009	28	34	factory	factory	NOUN
cblr-3009	28	35	.	.	PUNCT
cblr-3009	29	1	consumer	consumer	NOUN
cblr-3009	29	2	welfare	welfare	NOUN
cblr-3009	29	3	is	be	AUX
cblr-3009	29	4	clearly	clearly	ADV
cblr-3009	29	5	affected	affect	VERB
cblr-3009	29	6	by	by	ADP
cblr-3009	29	7	changes	change	NOUN
cblr-3009	29	8	in	in	ADP
cblr-3009	29	9	these	these	DET
cblr-3009	29	10	costs	cost	NOUN
cblr-3009	29	11	,	,	PUNCT
cblr-3009	29	12	but	but	CCONJ
cblr-3009	29	13	merely	merely	ADV
cblr-3009	29	14	identifying	identify	VERB
cblr-3009	29	15	such	such	ADJ
cblr-3009	29	16	costs	cost	NOUN
cblr-3009	29	17	as	as	ADP
cblr-3009	29	18	"	"	PUNCT
cblr-3009	29	19	transaction	transaction	NOUN
cblr-3009	29	20	costs	cost	NOUN
cblr-3009	29	21	"	"	PUNCT
cblr-3009	29	22	does	do	AUX
cblr-3009	29	23	not	not	PART
cblr-3009	29	24	necessarily	necessarily	ADV
cblr-3009	29	25	require	require	VERB
cblr-3009	29	26	a	a	DET
cblr-3009	29	27	fundamental	fundamental	ADJ
cblr-3009	29	28	rethinking	rethinking	NOUN
cblr-3009	29	29	of	of	ADP
cblr-3009	29	30	the	the	DET
cblr-3009	29	31	nature	nature	NOUN
cblr-3009	29	32	of	of	ADP
cblr-3009	29	33	competition	competition	NOUN
cblr-3009	29	34	and	and	CCONJ
cblr-3009	29	35	pricing	pricing	NOUN
cblr-3009	29	36	.	.	PUNCT
cblr-3009	30	1	assuming	assume	VERB
cblr-3009	30	2	that	that	SCONJ
cblr-3009	30	3	total	total	ADJ
cblr-3009	30	4	transaction	transaction	NOUN
cblr-3009	30	5	costs	cost	NOUN
cblr-3009	30	6	stay	stay	VERB
cblr-3009	30	7	constant	constant	ADJ
cblr-3009	30	8	and	and	CCONJ
cblr-3009	30	9	selling	sell	VERB
cblr-3009	30	10	prices	price	NOUN
cblr-3009	30	11	can	can	AUX
cblr-3009	30	12	(	(	PUNCT
cblr-3009	30	13	and	and	CCONJ
cblr-3009	30	14	do	do	AUX
cblr-3009	30	15	)	)	PUNCT
cblr-3009	30	16	adjust	adjust	VERB
cblr-3009	30	17	,	,	PUNCT
cblr-3009	30	18	buyers	buyer	NOUN
cblr-3009	30	19	and	and	CCONJ
cblr-3009	30	20	sellers	seller	NOUN
cblr-3009	30	21	are	be	AUX
cblr-3009	30	22	indifferent	indifferent	ADJ
cblr-3009	30	23	as	as	ADP
cblr-3009	30	24	to	to	PART
cblr-3009	30	25	which	which	PRON
cblr-3009	30	26	party	party	NOUN
cblr-3009	30	27	must	must	AUX
cblr-3009	30	28	bear	bear	VERB
cblr-3009	30	29	the	the	DET
cblr-3009	30	30	transaction	transaction	NOUN
cblr-3009	30	31	cost	cost	NOUN
cblr-3009	30	32	.	.	PUNCT
cblr-3009	31	1	for	for	ADP
cblr-3009	31	2	example	example	NOUN
cblr-3009	31	3	,	,	PUNCT
cblr-3009	31	4	if	if	SCONJ
cblr-3009	31	5	it	it	PRON
cblr-3009	31	6	costs	cost	VERB
cblr-3009	31	7	$	$	SYM
cblr-3009	31	8	1	1	NUM
cblr-3009	31	9	to	to	PART
cblr-3009	31	10	pay	pay	VERB
cblr-3009	31	11	a	a	DET
cblr-3009	31	12	clerk	clerk	NOUN
cblr-3009	31	13	to	to	PART
cblr-3009	31	14	process	process	VERB
cblr-3009	31	15	bob	bob	PROPN
cblr-3009	31	16	's	's	PART
cblr-3009	31	17	$	$	SYM
cblr-3009	31	18	9	9	NUM
cblr-3009	31	19	transaction	transaction	NOUN
cblr-3009	31	20	at	at	ADP
cblr-3009	31	21	wal	wal	PROPN
cblr-3009	31	22	-	-	PUNCT
cblr-3009	31	23	mart	mart	NOUN
cblr-3009	31	24	,	,	PUNCT
cblr-3009	31	25	it	it	PRON
cblr-3009	31	26	does	do	AUX
cblr-3009	31	27	not	not	PART
cblr-3009	31	28	matter	matter	VERB
cblr-3009	31	29	whether	whether	SCONJ
cblr-3009	31	30	bob	bob	PROPN
cblr-3009	31	31	pays	pay	VERB
cblr-3009	31	32	$	$	SYM
cblr-3009	31	33	1	1	NUM
cblr-3009	31	34	directly	directly	ADV
cblr-3009	31	35	to	to	ADP
cblr-3009	31	36	the	the	DET
cblr-3009	31	37	clerk	clerk	NOUN
cblr-3009	31	38	or	or	CCONJ
cblr-3009	31	39	instead	instead	ADV
cblr-3009	31	40	pays	pay	VERB
cblr-3009	31	41	$	$	SYM
cblr-3009	31	42	10	10	NUM
cblr-3009	31	43	to	to	ADP
cblr-3009	31	44	wal	wal	PROPN
cblr-3009	31	45	-	-	PUNCT
cblr-3009	31	46	mart	mart	NOUN
cblr-3009	31	47	,	,	PUNCT
cblr-3009	31	48	and	and	CCONJ
cblr-3009	31	49	wal	wal	PROPN
cblr-3009	31	50	-	-	PUNCT
cblr-3009	31	51	mart	mart	PROPN
cblr-3009	31	52	pays	pay	VERB
cblr-3009	31	53	the	the	DET
cblr-3009	31	54	clerk	clerk	NOUN
cblr-3009	31	55	$	$	SYM
cblr-3009	31	56	1	1	NUM
cblr-3009	31	57	.	.	PUNCT
cblr-3009	32	1	bob	bob	PROPN
cblr-3009	32	2	's	's	PART
cblr-3009	32	3	direct	direct	ADJ
cblr-3009	32	4	cash	cash	NOUN
cblr-3009	32	5	outlay	outlay	NOUN
cblr-3009	32	6	and	and	CCONJ
cblr-3009	32	7	wal	wal	PROPN
cblr-3009	32	8	-	-	PUNCT
cblr-3009	32	9	mart	mart	NOUN
cblr-3009	32	10	's	's	PART
cblr-3009	32	11	net	net	ADJ
cblr-3009	32	12	cash	cash	NOUN
cblr-3009	32	13	inflow	inflow	NOUN
cblr-3009	32	14	remain	remain	VERB
cblr-3009	32	15	the	the	DET
cblr-3009	32	16	same	same	ADJ
cblr-3009	32	17	.	.	PUNCT
cblr-3009	33	1	so	so	ADV
cblr-3009	33	2	long	long	ADV
cblr-3009	33	3	as	as	SCONJ
cblr-3009	33	4	the	the	DET
cblr-3009	33	5	prices	price	NOUN
cblr-3009	33	6	to	to	ADP
cblr-3009	33	7	individual	individual	ADJ
cblr-3009	33	8	consumers	consumer	NOUN
cblr-3009	33	9	stay	stay	VERB
cblr-3009	33	10	flexible	flexible	ADJ
cblr-3009	33	11	,	,	PUNCT
cblr-3009	33	12	the	the	DET
cblr-3009	33	13	allocation	allocation	NOUN
cblr-3009	33	14	of	of	ADP
cblr-3009	33	15	transaction	transaction	NOUN
cblr-3009	33	16	charges	charge	NOUN
cblr-3009	33	17	between	between	ADP
cblr-3009	33	18	the	the	DET
cblr-3009	33	19	parties	party	NOUN
cblr-3009	33	20	in	in	ADP
cblr-3009	33	21	this	this	DET
cblr-3009	33	22	example	example	NOUN
cblr-3009	33	23	remains	remain	VERB
cblr-3009	33	24	"	"	PUNCT
cblr-3009	33	25	neutral	neutral	ADJ
cblr-3009	33	26	.	.	PUNCT
cblr-3009	33	27	"	"	PUNCT
cblr-3009	34	1	the	the	DET
cblr-3009	34	2	cost	cost	NOUN
cblr-3009	34	3	allocation	allocation	NOUN
cblr-3009	34	4	should	should	AUX
cblr-3009	34	5	be	be	AUX
cblr-3009	34	6	theoretically	theoretically	ADV
cblr-3009	34	7	neutral	neutral	ADJ
cblr-3009	34	8	,	,	PUNCT
cblr-3009	34	9	but	but	CCONJ
cblr-3009	34	10	sometimes	sometimes	ADV
cblr-3009	34	11	the	the	DET
cblr-3009	34	12	economic	economic	ADJ
cblr-3009	34	13	reality	reality	NOUN
cblr-3009	34	14	is	be	AUX
cblr-3009	34	15	quite	quite	ADV
cblr-3009	34	16	different	different	ADJ
cblr-3009	34	17	.	.	PUNCT
cblr-3009	35	1	this	this	PRON
cblr-3009	35	2	may	may	AUX
cblr-3009	35	3	occur	occur	VERB
cblr-3009	35	4	because	because	SCONJ
cblr-3009	35	5	one	one	NUM
cblr-3009	35	6	side	side	NOUN
cblr-3009	35	7	has	have	VERB
cblr-3009	35	8	a	a	DET
cblr-3009	35	9	comparative	comparative	ADJ
cblr-3009	35	10	advantage	advantage	NOUN
cblr-3009	35	11	in	in	ADP
cblr-3009	35	12	dealing	deal	VERB
cblr-3009	35	13	with	with	ADP
cblr-3009	35	14	transaction	transaction	NOUN
cblr-3009	36	1	costs.2	costs.2	NOUN
cblr-3009	36	2	collection	collection	NOUN
cblr-3009	36	3	of	of	ADP
cblr-3009	36	4	sales	sale	NOUN
cblr-3009	36	5	tax	tax	NOUN
cblr-3009	36	6	proceeds	proceed	NOUN
cblr-3009	36	7	represents	represent	VERB
cblr-3009	36	8	a	a	DET
cblr-3009	36	9	simple	simple	ADJ
cblr-3009	36	10	example	example	NOUN
cblr-3009	36	11	.	.	PUNCT
cblr-3009	37	1	instead	instead	ADV
cblr-3009	37	2	of	of	ADP
cblr-3009	37	3	requiring	require	VERB
cblr-3009	37	4	the	the	DET
cblr-3009	37	5	retail	retail	ADJ
cblr-3009	37	6	merchant	merchant	NOUN
cblr-3009	37	7	to	to	PART
cblr-3009	37	8	remit	remit	VERB
cblr-3009	37	9	tax	tax	NOUN
cblr-3009	37	10	revenue	revenue	NOUN
cblr-3009	37	11	,	,	PUNCT
cblr-3009	37	12	the	the	DET
cblr-3009	37	13	government	government	NOUN
cblr-3009	37	14	could	could	AUX
cblr-3009	37	15	instruct	instruct	VERB
cblr-3009	37	16	individual	individual	ADJ
cblr-3009	37	17	consumers	consumer	NOUN
cblr-3009	37	18	to	to	PART
cblr-3009	37	19	send	send	VERB
cblr-3009	37	20	in	in	ADP
cblr-3009	37	21	payments	payment	NOUN
cblr-3009	37	22	in	in	ADP
cblr-3009	37	23	connection	connection	NOUN
cblr-3009	37	24	with	with	ADP
cblr-3009	37	25	their	their	PRON
cblr-3009	37	26	retail	retail	ADJ
cblr-3009	37	27	spending	spending	NOUN
cblr-3009	37	28	.	.	PUNCT
cblr-3009	38	1	although	although	SCONJ
cblr-3009	38	2	these	these	DET
cblr-3009	38	3	two	two	NUM
cblr-3009	38	4	alternatives	alternative	NOUN
cblr-3009	38	5	would	would	AUX
cblr-3009	38	6	presumably	presumably	ADV
cblr-3009	38	7	result	result	VERB
cblr-3009	38	8	in	in	ADP
cblr-3009	38	9	equivalent	equivalent	ADJ
cblr-3009	38	10	tax	tax	NOUN
cblr-3009	38	11	revenues	revenue	NOUN
cblr-3009	38	12	,	,	PUNCT
cblr-3009	38	13	in	in	ADP
cblr-3009	38	14	practice	practice	NOUN
cblr-3009	38	15	the	the	DET
cblr-3009	38	16	collection	collection	NOUN
cblr-3009	38	17	and	and	CCONJ
cblr-3009	38	18	compliance	compliance	NOUN
cblr-3009	38	19	costs	cost	NOUN
cblr-3009	38	20	will	will	AUX
cblr-3009	38	21	likely	likely	ADV
cblr-3009	38	22	be	be	AUX
cblr-3009	38	23	greater	great	ADJ
cblr-3009	38	24	under	under	ADP
cblr-3009	38	25	the	the	DET
cblr-3009	38	26	latter	latter	ADJ
cblr-3009	38	27	option	option	NOUN
cblr-3009	38	28	.	.	PUNCT
cblr-3009	39	1	therefore	therefore	ADV
cblr-3009	39	2	,	,	PUNCT
cblr-3009	39	3	it	it	PRON
cblr-3009	39	4	is	be	AUX
cblr-3009	39	5	more	more	ADV
cblr-3009	39	6	efficient	efficient	ADJ
cblr-3009	39	7	for	for	ADP
cblr-3009	39	8	the	the	DET
cblr-3009	39	9	retail	retail	ADJ
cblr-3009	39	10	merchant	merchant	NOUN
cblr-3009	39	11	,	,	PUNCT
cblr-3009	39	12	rather	rather	ADV
cblr-3009	39	13	than	than	ADP
cblr-3009	39	14	the	the	DET
cblr-3009	39	15	consumer	consumer	NOUN
cblr-3009	39	16	,	,	PUNCT
cblr-3009	39	17	to	to	PART
cblr-3009	39	18	remit	remit	VERB
cblr-3009	39	19	the	the	DET
cblr-3009	39	20	tax	tax	NOUN
cblr-3009	39	21	proceeds	proceed	NOUN
cblr-3009	39	22	.	.	PUNCT
cblr-3009	40	1	similarly	similarly	ADV
cblr-3009	40	2	,	,	PUNCT
cblr-3009	40	3	in	in	ADP
cblr-3009	40	4	the	the	DET
cblr-3009	40	5	walmart	walmart	PROPN
cblr-3009	40	6	example	example	NOUN
cblr-3009	40	7	,	,	PUNCT
cblr-3009	40	8	wal	wal	PROPN
cblr-3009	40	9	-	-	PUNCT
cblr-3009	40	10	mart	mart	PROPN
cblr-3009	40	11	should	should	AUX
cblr-3009	40	12	pay	pay	VERB
cblr-3009	40	13	the	the	DET
cblr-3009	40	14	checkout	checkout	NOUN
cblr-3009	40	15	clerk	clerk	NOUN
cblr-3009	40	16	because	because	SCONJ
cblr-3009	40	17	the	the	DET
cblr-3009	40	18	store	store	NOUN
cblr-3009	40	19	is	be	AUX
cblr-3009	40	20	in	in	ADP
cblr-3009	40	21	a	a	DET
cblr-3009	40	22	better	well	ADJ
cblr-3009	40	23	position	position	NOUN
cblr-3009	40	24	to	to	PART
cblr-3009	40	25	monitor	monitor	VERB
cblr-3009	40	26	worker	worker	NOUN
cblr-3009	40	27	efficiency	efficiency	NOUN
cblr-3009	40	28	.	.	PUNCT
cblr-3009	41	1	2	2	NUM
cblr-3009	41	2	information	information	NOUN
cblr-3009	41	3	costs	cost	NOUN
cblr-3009	41	4	are	be	AUX
cblr-3009	41	5	related	relate	VERB
cblr-3009	41	6	to	to	ADP
cblr-3009	41	7	transaction	transaction	NOUN
cblr-3009	41	8	costs	cost	NOUN
cblr-3009	41	9	.	.	PUNCT
cblr-3009	42	1	holding	hold	VERB
cblr-3009	42	2	constant	constant	ADJ
cblr-3009	42	3	the	the	DET
cblr-3009	42	4	amount	amount	NOUN
cblr-3009	42	5	of	of	ADP
cblr-3009	42	6	the	the	DET
cblr-3009	42	7	charge	charge	NOUN
cblr-3009	42	8	and	and	CCONJ
cblr-3009	42	9	the	the	DET
cblr-3009	42	10	party	party	NOUN
cblr-3009	42	11	on	on	ADP
cblr-3009	42	12	whom	whom	PRON
cblr-3009	42	13	it	it	PRON
cblr-3009	42	14	is	be	AUX
cblr-3009	42	15	assessed	assess	VERB
cblr-3009	42	16	,	,	PUNCT
cblr-3009	42	17	the	the	DET
cblr-3009	42	18	form	form	NOUN
cblr-3009	42	19	of	of	ADP
cblr-3009	42	20	a	a	DET
cblr-3009	42	21	charge	charge	NOUN
cblr-3009	42	22	may	may	AUX
cblr-3009	42	23	influence	influence	VERB
cblr-3009	42	24	its	its	PRON
cblr-3009	42	25	effect	effect	NOUN
cblr-3009	42	26	in	in	ADP
cblr-3009	42	27	the	the	DET
cblr-3009	42	28	market	market	NOUN
cblr-3009	42	29	.	.	PUNCT
cblr-3009	43	1	for	for	ADP
cblr-3009	43	2	example	example	NOUN
cblr-3009	43	3	,	,	PUNCT
cblr-3009	43	4	a	a	DET
cblr-3009	43	5	$	$	SYM
cblr-3009	43	6	1	1	NUM
cblr-3009	43	7	fee	fee	NOUN
cblr-3009	43	8	charged	charge	VERB
cblr-3009	43	9	to	to	ADP
cblr-3009	43	10	a	a	DET
cblr-3009	43	11	customer	customer	NOUN
cblr-3009	43	12	at	at	ADP
cblr-3009	43	13	the	the	DET
cblr-3009	43	14	end	end	NOUN
cblr-3009	43	15	of	of	ADP
cblr-3009	43	16	a	a	DET
cblr-3009	43	17	month	month	NOUN
cblr-3009	43	18	may	may	AUX
cblr-3009	43	19	be	be	AUX
cblr-3009	43	20	less	less	ADV
cblr-3009	43	21	noticeable	noticeable	ADJ
cblr-3009	43	22	than	than	ADP
cblr-3009	43	23	a	a	DET
cblr-3009	43	24	$	$	SYM
cblr-3009	43	25	1	1	NUM
cblr-3009	43	26	fee	fee	NOUN
cblr-3009	43	27	imposed	impose	VERB
cblr-3009	43	28	at	at	ADP
cblr-3009	43	29	the	the	DET
cblr-3009	43	30	point	point	NOUN
cblr-3009	43	31	of	of	ADP
cblr-3009	43	32	sale	sale	NOUN
cblr-3009	43	33	.	.	PUNCT
cblr-3009	44	1	transaction	transaction	NOUN
cblr-3009	44	2	costs	cost	NOUN
cblr-3009	44	3	and	and	CCONJ
cblr-3009	44	4	externalitiesno	externalitiesno	NOUN
cblr-3009	44	5	.	.	PUNCT
cblr-3009	45	1	3:617	3:617	NUM
cblr-3009	45	2	]	]	X
cblr-3009	45	3	columbia	columbia	PROPN
cblr-3009	45	4	business	business	PROPN
cblr-3009	45	5	la	la	PROPN
cblr-3009	45	6	w	w	PROPN
cblr-3009	45	7	review	review	NOUN
cblr-3009	45	8	if	if	SCONJ
cblr-3009	45	9	transaction	transaction	NOUN
cblr-3009	45	10	costs	cost	NOUN
cblr-3009	45	11	differ	differ	VERB
cblr-3009	45	12	across	across	ADP
cblr-3009	45	13	consumers	consumer	NOUN
cblr-3009	45	14	,	,	PUNCT
cblr-3009	45	15	such	such	ADJ
cblr-3009	45	16	that	that	SCONJ
cblr-3009	45	17	it	it	PRON
cblr-3009	45	18	is	be	AUX
cblr-3009	45	19	more	more	ADV
cblr-3009	45	20	costly	costly	ADJ
cblr-3009	45	21	to	to	PART
cblr-3009	45	22	transact	transact	VERB
cblr-3009	45	23	with	with	ADP
cblr-3009	45	24	some	some	DET
cblr-3009	45	25	consumers	consumer	NOUN
cblr-3009	45	26	than	than	ADP
cblr-3009	45	27	others	other	NOUN
cblr-3009	45	28	,	,	PUNCT
cblr-3009	45	29	then	then	ADV
cblr-3009	45	30	three	three	NUM
cblr-3009	45	31	main	main	ADJ
cblr-3009	45	32	outcomes	outcome	NOUN
cblr-3009	45	33	are	be	AUX
cblr-3009	45	34	possible	possible	ADJ
cblr-3009	45	35	:	:	PUNCT
cblr-3009	45	36	(	(	PUNCT
cblr-3009	45	37	1	1	X
cblr-3009	45	38	)	)	PUNCT
cblr-3009	45	39	sellers	seller	NOUN
cblr-3009	45	40	can	can	AUX
cblr-3009	45	41	charge	charge	VERB
cblr-3009	45	42	consumers	consumer	NOUN
cblr-3009	45	43	differently	differently	ADV
cblr-3009	45	44	according	accord	VERB
cblr-3009	45	45	to	to	ADP
cblr-3009	45	46	the	the	DET
cblr-3009	45	47	transaction	transaction	NOUN
cblr-3009	45	48	costs	cost	VERB
cblr-3009	45	49	a	a	DET
cblr-3009	45	50	consumer	consumer	NOUN
cblr-3009	45	51	imposes	impose	NOUN
cblr-3009	45	52	;	;	PUNCT
cblr-3009	45	53	(	(	PUNCT
cblr-3009	45	54	2	2	X
cblr-3009	45	55	)	)	PUNCT
cblr-3009	45	56	firms	firm	NOUN
cblr-3009	45	57	can	can	AUX
cblr-3009	45	58	specialize	specialize	VERB
cblr-3009	45	59	in	in	ADP
cblr-3009	45	60	serving	serve	VERB
cblr-3009	45	61	a	a	DET
cblr-3009	45	62	particular	particular	ADJ
cblr-3009	45	63	type	type	NOUN
cblr-3009	45	64	of	of	ADP
cblr-3009	45	65	consumer	consumer	NOUN
cblr-3009	45	66	group	group	NOUN
cblr-3009	45	67	and	and	CCONJ
cblr-3009	45	68	price	price	NOUN
cblr-3009	45	69	accordingly	accordingly	ADV
cblr-3009	45	70	;	;	PUNCT
cblr-3009	45	71	or	or	CCONJ
cblr-3009	45	72	(	(	PUNCT
cblr-3009	45	73	3	3	X
cblr-3009	45	74	)	)	PUNCT
cblr-3009	45	75	a	a	DET
cblr-3009	45	76	pooling	pool	VERB
cblr-3009	45	77	equilibrium	equilibrium	NOUN
cblr-3009	45	78	may	may	AUX
cblr-3009	45	79	develop	develop	VERB
cblr-3009	45	80	,	,	PUNCT
cblr-3009	45	81	in	in	ADP
cblr-3009	45	82	which	which	PRON
cblr-3009	45	83	the	the	DET
cblr-3009	45	84	seller	seller	NOUN
cblr-3009	45	85	serves	serve	VERB
cblr-3009	45	86	all	all	DET
cblr-3009	45	87	consumers	consumer	NOUN
cblr-3009	45	88	but	but	CCONJ
cblr-3009	45	89	charges	charge	VERB
cblr-3009	45	90	a	a	DET
cblr-3009	45	91	single	single	ADJ
cblr-3009	45	92	price	price	NOUN
cblr-3009	45	93	.	.	PUNCT
cblr-3009	46	1	pooling	pool	VERB
cblr-3009	46	2	results	result	NOUN
cblr-3009	46	3	,	,	PUNCT
cblr-3009	46	4	in	in	ADP
cblr-3009	46	5	part	part	NOUN
cblr-3009	46	6	,	,	PUNCT
cblr-3009	46	7	from	from	ADP
cblr-3009	46	8	economies	economy	NOUN
cblr-3009	46	9	of	of	ADP
cblr-3009	46	10	scale	scale	NOUN
cblr-3009	46	11	and	and	CCONJ
cblr-3009	46	12	transaction	transaction	NOUN
cblr-3009	46	13	costs	cost	NOUN
cblr-3009	46	14	.	.	PUNCT
cblr-3009	47	1	when	when	SCONJ
cblr-3009	47	2	many	many	ADJ
cblr-3009	47	3	different	different	ADJ
cblr-3009	47	4	consumer	consumer	NOUN
cblr-3009	47	5	types	type	NOUN
cblr-3009	47	6	exist	exist	VERB
cblr-3009	47	7	,	,	PUNCT
cblr-3009	47	8	having	have	VERB
cblr-3009	47	9	different	different	ADJ
cblr-3009	47	10	firms	firm	NOUN
cblr-3009	47	11	serve	serve	VERB
cblr-3009	47	12	each	each	DET
cblr-3009	47	13	type	type	NOUN
cblr-3009	47	14	of	of	ADP
cblr-3009	47	15	consumer	consumer	NOUN
cblr-3009	47	16	may	may	AUX
cblr-3009	47	17	waste	waste	VERB
cblr-3009	47	18	resources	resource	NOUN
cblr-3009	47	19	.	.	PUNCT
cblr-3009	48	1	as	as	SCONJ
cblr-3009	48	2	the	the	DET
cblr-3009	48	3	market	market	NOUN
cblr-3009	48	4	grows	grow	VERB
cblr-3009	48	5	,	,	PUNCT
cblr-3009	48	6	however	however	ADV
cblr-3009	48	7	,	,	PUNCT
cblr-3009	48	8	specialization	specialization	NOUN
cblr-3009	48	9	often	often	ADV
cblr-3009	48	10	increases	increase	VERB
cblr-3009	48	11	.	.	PUNCT
cblr-3009	48	12	'	'	PUNCT
cblr-3009	49	1	when	when	SCONJ
cblr-3009	49	2	the	the	DET
cblr-3009	49	3	transaction	transaction	NOUN
cblr-3009	49	4	costs	cost	NOUN
cblr-3009	49	5	of	of	ADP
cblr-3009	49	6	price	price	NOUN
cblr-3009	49	7	discrimination	discrimination	NOUN
cblr-3009	49	8	are	be	AUX
cblr-3009	49	9	high	high	ADJ
cblr-3009	49	10	,	,	PUNCT
cblr-3009	49	11	firms	firm	NOUN
cblr-3009	49	12	may	may	AUX
cblr-3009	49	13	charge	charge	VERB
cblr-3009	49	14	a	a	DET
cblr-3009	49	15	single	single	ADJ
cblr-3009	49	16	price	price	NOUN
cblr-3009	49	17	to	to	ADP
cblr-3009	49	18	all	all	DET
cblr-3009	49	19	consumers	consumer	NOUN
cblr-3009	49	20	.	.	PUNCT
cblr-3009	50	1	although	although	SCONJ
cblr-3009	50	2	select	select	ADJ
cblr-3009	50	3	consumer	consumer	NOUN
cblr-3009	50	4	groups	group	NOUN
cblr-3009	50	5	may	may	AUX
cblr-3009	50	6	impose	impose	VERB
cblr-3009	50	7	different	different	ADJ
cblr-3009	50	8	costs	cost	NOUN
cblr-3009	50	9	on	on	ADP
cblr-3009	50	10	a	a	DET
cblr-3009	50	11	firm	firm	NOUN
cblr-3009	50	12	,	,	PUNCT
cblr-3009	50	13	a	a	DET
cblr-3009	50	14	business	business	NOUN
cblr-3009	50	15	may	may	AUX
cblr-3009	50	16	choose	choose	VERB
cblr-3009	50	17	to	to	PART
cblr-3009	50	18	charge	charge	VERB
cblr-3009	50	19	all	all	DET
cblr-3009	50	20	customers	customer	NOUN
cblr-3009	50	21	equally	equally	ADV
cblr-3009	50	22	to	to	PART
cblr-3009	50	23	avoid	avoid	VERB
cblr-3009	50	24	the	the	DET
cblr-3009	50	25	transaction	transaction	NOUN
cblr-3009	50	26	costs	cost	NOUN
cblr-3009	50	27	of	of	ADP
cblr-3009	50	28	establishing	establish	VERB
cblr-3009	50	29	separate	separate	ADJ
cblr-3009	50	30	pricing	pricing	NOUN
cblr-3009	50	31	schemes	scheme	NOUN
cblr-3009	50	32	.	.	PUNCT
cblr-3009	51	1	even	even	ADV
cblr-3009	51	2	in	in	ADP
cblr-3009	51	3	what	what	PRON
cblr-3009	51	4	economists	economist	NOUN
cblr-3009	51	5	view	view	VERB
cblr-3009	51	6	as	as	ADP
cblr-3009	51	7	highly	highly	ADV
cblr-3009	51	8	competitive	competitive	ADJ
cblr-3009	51	9	markets	market	NOUN
cblr-3009	51	10	,	,	PUNCT
cblr-3009	51	11	transaction	transaction	NOUN
cblr-3009	51	12	costs	cost	NOUN
cblr-3009	51	13	limit	limit	VERB
cblr-3009	51	14	the	the	DET
cblr-3009	51	15	flexibility	flexibility	NOUN
cblr-3009	51	16	of	of	ADP
cblr-3009	51	17	the	the	DET
cblr-3009	51	18	pricing	pricing	NOUN
cblr-3009	51	19	system	system	NOUN
cblr-3009	51	20	to	to	PART
cblr-3009	51	21	signal	signal	VERB
cblr-3009	51	22	scarcity	scarcity	NOUN
cblr-3009	51	23	.	.	PUNCT
cblr-3009	52	1	supermarkets	supermarket	NOUN
cblr-3009	52	2	,	,	PUNCT
cblr-3009	52	3	for	for	ADP
cblr-3009	52	4	example	example	NOUN
cblr-3009	52	5	,	,	PUNCT
cblr-3009	52	6	do	do	AUX
cblr-3009	52	7	not	not	PART
cblr-3009	52	8	vary	vary	VERB
cblr-3009	52	9	prices	price	NOUN
cblr-3009	52	10	continuously	continuously	ADV
cblr-3009	52	11	according	accord	VERB
cblr-3009	52	12	to	to	ADP
cblr-3009	52	13	inventories	inventory	NOUN
cblr-3009	52	14	on	on	ADP
cblr-3009	52	15	hand	hand	NOUN
cblr-3009	52	16	or	or	CCONJ
cblr-3009	52	17	the	the	DET
cblr-3009	52	18	length	length	NOUN
cblr-3009	52	19	of	of	ADP
cblr-3009	52	20	queues	queue	NOUN
cblr-3009	52	21	at	at	ADP
cblr-3009	52	22	checkout	checkout	NOUN
cblr-3009	52	23	counters	counter	NOUN
cblr-3009	52	24	.	.	PUNCT
cblr-3009	53	1	of	of	ADP
cblr-3009	53	2	course	course	ADV
cblr-3009	53	3	,	,	PUNCT
cblr-3009	53	4	technological	technological	ADJ
cblr-3009	53	5	advances	advance	NOUN
cblr-3009	53	6	have	have	AUX
cblr-3009	53	7	expanded	expand	VERB
cblr-3009	53	8	the	the	DET
cblr-3009	53	9	potential	potential	ADJ
cblr-3009	53	10	pricing	pricing	NOUN
cblr-3009	53	11	practices	practice	NOUN
cblr-3009	53	12	available	available	ADJ
cblr-3009	53	13	to	to	ADP
cblr-3009	53	14	businesses	business	NOUN
cblr-3009	53	15	.	.	PUNCT
cblr-3009	54	1	to	to	PART
cblr-3009	54	2	illustrate	illustrate	VERB
cblr-3009	54	3	,	,	PUNCT
cblr-3009	54	4	some	some	DET
cblr-3009	54	5	states	state	NOUN
cblr-3009	54	6	provide	provide	VERB
cblr-3009	54	7	lower	lower	ADV
cblr-3009	54	8	priced	price	VERB
cblr-3009	54	9	toll	toll	NOUN
cblr-3009	54	10	lanes	lane	NOUN
cblr-3009	54	11	for	for	ADP
cblr-3009	54	12	transponder	transponder	NOUN
cblr-3009	54	13	-	-	PUNCT
cblr-3009	54	14	equipped	equip	VERB
cblr-3009	54	15	vehicles.4	vehicles.4	PROPN
cblr-3009	54	16	the	the	DET
cblr-3009	54	17	toll	toll	NOUN
cblr-3009	54	18	authorities	authority	NOUN
cblr-3009	54	19	could	could	AUX
cblr-3009	54	20	use	use	VERB
cblr-3009	54	21	computer	computer	NOUN
cblr-3009	54	22	monitoring	monitor	VERB
cblr-3009	54	23	sensors	sensor	NOUN
cblr-3009	54	24	embedded	embed	VERB
cblr-3009	54	25	in	in	ADP
cblr-3009	54	26	the	the	DET
cblr-3009	54	27	pavement	pavement	NOUN
cblr-3009	54	28	to	to	PART
cblr-3009	54	29	monitor	monitor	VERB
cblr-3009	54	30	traffic	traffic	NOUN
cblr-3009	54	31	speed	speed	NOUN
cblr-3009	54	32	in	in	ADP
cblr-3009	54	33	conjunction	conjunction	NOUN
cblr-3009	54	34	with	with	ADP
cblr-3009	54	35	signs	sign	NOUN
cblr-3009	54	36	to	to	PART
cblr-3009	54	37	announce	announce	VERB
cblr-3009	54	38	the	the	DET
cblr-3009	54	39	current	current	ADJ
cblr-3009	54	40	price	price	NOUN
cblr-3009	54	41	for	for	ADP
cblr-3009	54	42	driving	drive	VERB
cblr-3009	54	43	on	on	ADP
cblr-3009	54	44	a	a	DET
cblr-3009	54	45	toll	toll	NOUN
cblr-3009	54	46	road	road	NOUN
cblr-3009	54	47	.	.	PUNCT
cblr-3009	55	1	establishing	establish	VERB
cblr-3009	55	2	fixed	fix	VERB
cblr-3009	55	3	prices	price	NOUN
cblr-3009	55	4	helps	help	VERB
cblr-3009	55	5	consumers	consumer	NOUN
cblr-3009	55	6	predict	predict	VERB
cblr-3009	55	7	and	and	CCONJ
cblr-3009	55	8	evaluate	evaluate	VERB
cblr-3009	55	9	their	their	PRON
cblr-3009	55	10	consumption	consumption	NOUN
cblr-3009	55	11	decisions	decision	NOUN
cblr-3009	55	12	.	.	PUNCT
cblr-3009	56	1	in	in	ADP
cblr-3009	56	2	the	the	DET
cblr-3009	56	3	highway	highway	NOUN
cblr-3009	56	4	example	example	NOUN
cblr-3009	56	5	,	,	PUNCT
cblr-3009	56	6	however	however	ADV
cblr-3009	56	7	,	,	PUNCT
cblr-3009	56	8	congestion	congestion	NOUN
cblr-3009	56	9	-	-	PUNCT
cblr-3009	56	10	based	base	VERB
cblr-3009	56	11	pricing	pricing	NOUN
cblr-3009	56	12	(	(	PUNCT
cblr-3009	56	13	or	or	CCONJ
cblr-3009	56	14	time	time	NOUN
cblr-3009	56	15	-	-	PUNCT
cblr-3009	56	16	of	of	ADP
cblr-3009	56	17	-	-	PUNCT
cblr-3009	56	18	day	day	NOUN
cblr-3009	56	19	pricing	pricing	NOUN
cblr-3009	56	20	)	)	PUNCT
cblr-3009	56	21	can	can	AUX
cblr-3009	56	22	provide	provide	VERB
cblr-3009	56	23	an	an	DET
cblr-3009	56	24	additional	additional	ADJ
cblr-3009	56	25	incentive	incentive	NOUN
cblr-3009	56	26	'	'	PUNCT
cblr-3009	56	27	george	george	PROPN
cblr-3009	56	28	j.	j.	PROPN
cblr-3009	56	29	stigler	stigler	PROPN
cblr-3009	56	30	,	,	PUNCT
cblr-3009	56	31	the	the	DET
cblr-3009	56	32	division	division	NOUN
cblr-3009	56	33	of	of	ADP
cblr-3009	56	34	labor	labor	NOUN
cblr-3009	56	35	is	be	AUX
cblr-3009	56	36	limited	limit	VERB
cblr-3009	56	37	by	by	ADP
cblr-3009	56	38	the	the	DET
cblr-3009	56	39	extent	extent	NOUN
cblr-3009	56	40	of	of	ADP
cblr-3009	56	41	the	the	DET
cblr-3009	56	42	market	market	NOUN
cblr-3009	56	43	,	,	PUNCT
cblr-3009	56	44	59	59	NUM
cblr-3009	56	45	j.	j.	PROPN
cblr-3009	56	46	pol	pol	PROPN
cblr-3009	56	47	.	.	PUNCT
cblr-3009	56	48	econ	econ	PROPN
cblr-3009	56	49	.	.	PUNCT
cblr-3009	56	50	185	185	NUM
cblr-3009	56	51	,	,	PUNCT
cblr-3009	56	52	188	188	NUM
cblr-3009	56	53	(	(	PUNCT
cblr-3009	56	54	1951	1951	NUM
cblr-3009	56	55	)	)	PUNCT
cblr-3009	56	56	.	.	PUNCT
cblr-3009	57	1	4	4	NUM
cblr-3009	57	2	for	for	ADP
cblr-3009	57	3	example	example	NOUN
cblr-3009	57	4	,	,	PUNCT
cblr-3009	57	5	in	in	ADP
cblr-3009	57	6	illinois	illinois	PROPN
cblr-3009	57	7	cash	cash	NOUN
cblr-3009	57	8	tolls	toll	NOUN
cblr-3009	57	9	are	be	AUX
cblr-3009	57	10	twice	twice	ADV
cblr-3009	57	11	those	those	PRON
cblr-3009	57	12	paid	pay	VERB
cblr-3009	57	13	by	by	ADP
cblr-3009	57	14	transponder	transponder	NOUN
cblr-3009	57	15	-	-	PUNCT
cblr-3009	57	16	equipped	equip	VERB
cblr-3009	57	17	vehicles	vehicle	NOUN
cblr-3009	57	18	.	.	PUNCT
cblr-3009	58	1	see	see	VERB
cblr-3009	58	2	illinois	illinois	PROPN
cblr-3009	58	3	state	state	PROPN
cblr-3009	58	4	toll	toll	NOUN
cblr-3009	58	5	highway	highway	NOUN
cblr-3009	58	6	authority	authority	NOUN
cblr-3009	58	7	,	,	PUNCT
cblr-3009	58	8	http://www.illinoistollway.com	http://www.illinoistollway.com	X
cblr-3009	58	9	.	.	PUNCT
cblr-3009	59	1	[	[	X
cblr-3009	59	2	vol	vol	NOUN
cblr-3009	59	3	.	.	PUNCT
cblr-3009	59	4	2005	2005	NUM
cblr-3009	59	5	transaction	transaction	NOUN
cblr-3009	59	6	costs	cost	NOUN
cblr-3009	59	7	and	and	CCONJ
cblr-3009	59	8	externalities	externality	NOUN
cblr-3009	59	9	for	for	ADP
cblr-3009	59	10	motorists	motorist	NOUN
cblr-3009	59	11	to	to	PART
cblr-3009	59	12	alter	alter	VERB
cblr-3009	59	13	their	their	PRON
cblr-3009	59	14	travel	travel	NOUN
cblr-3009	59	15	schedules	schedule	NOUN
cblr-3009	59	16	or	or	CCONJ
cblr-3009	59	17	routes	route	NOUN
cblr-3009	59	18	so	so	SCONJ
cblr-3009	59	19	as	as	SCONJ
cblr-3009	59	20	to	to	PART
cblr-3009	59	21	decrease	decrease	VERB
cblr-3009	59	22	the	the	DET
cblr-3009	59	23	costs	cost	NOUN
cblr-3009	59	24	imposed	impose	VERB
cblr-3009	59	25	on	on	ADP
cblr-3009	59	26	other	other	ADJ
cblr-3009	59	27	motorists	motorist	NOUN
cblr-3009	59	28	.	.	PUNCT
cblr-3009	60	1	a	a	DET
cblr-3009	60	2	similar	similar	ADJ
cblr-3009	60	3	idea	idea	NOUN
cblr-3009	60	4	lies	lie	VERB
cblr-3009	60	5	behind	behind	ADP
cblr-3009	60	6	time	time	NOUN
cblr-3009	60	7	-	-	PUNCT
cblr-3009	60	8	of	of	ADP
cblr-3009	60	9	-	-	PUNCT
cblr-3009	60	10	day	day	NOUN
cblr-3009	60	11	pricing	pricing	NOUN
cblr-3009	60	12	for	for	ADP
cblr-3009	60	13	electricity	electricity	NOUN
cblr-3009	60	14	consumption	consumption	NOUN
cblr-3009	60	15	.	.	PUNCT
cblr-3009	61	1	refining	refining	NOUN
cblr-3009	61	2	prices	price	NOUN
cblr-3009	61	3	is	be	AUX
cblr-3009	61	4	impractical	impractical	ADJ
cblr-3009	61	5	if	if	SCONJ
cblr-3009	61	6	the	the	DET
cblr-3009	61	7	costs	cost	NOUN
cblr-3009	61	8	of	of	ADP
cblr-3009	61	9	such	such	ADJ
cblr-3009	61	10	exercise	exercise	NOUN
cblr-3009	61	11	exceed	exceed	VERB
cblr-3009	61	12	the	the	DET
cblr-3009	61	13	savings	saving	NOUN
cblr-3009	61	14	from	from	ADP
cblr-3009	61	15	more	more	ADV
cblr-3009	61	16	accurate	accurate	ADJ
cblr-3009	61	17	price	price	NOUN
cblr-3009	61	18	signals	signal	NOUN
cblr-3009	61	19	.	.	PUNCT
cblr-3009	62	1	if	if	SCONJ
cblr-3009	62	2	it	it	PRON
cblr-3009	62	3	costs	cost	VERB
cblr-3009	62	4	less	less	ADJ
cblr-3009	62	5	,	,	PUNCT
cblr-3009	62	6	for	for	ADP
cblr-3009	62	7	example	example	NOUN
cblr-3009	62	8	,	,	PUNCT
cblr-3009	62	9	to	to	PART
cblr-3009	62	10	build	build	VERB
cblr-3009	62	11	and	and	CCONJ
cblr-3009	62	12	use	use	VERB
cblr-3009	62	13	additional	additional	ADJ
cblr-3009	62	14	peak	peak	NOUN
cblr-3009	62	15	load	load	NOUN
cblr-3009	62	16	electrical	electrical	ADJ
cblr-3009	62	17	generators	generator	NOUN
cblr-3009	62	18	on	on	ADP
cblr-3009	62	19	hot	hot	ADJ
cblr-3009	62	20	summer	summer	NOUN
cblr-3009	62	21	days	day	NOUN
cblr-3009	62	22	than	than	SCONJ
cblr-3009	62	23	to	to	PART
cblr-3009	62	24	install	install	VERB
cblr-3009	62	25	and	and	CCONJ
cblr-3009	62	26	operate	operate	VERB
cblr-3009	62	27	the	the	DET
cblr-3009	62	28	equipment	equipment	NOUN
cblr-3009	62	29	necessary	necessary	ADJ
cblr-3009	62	30	to	to	PART
cblr-3009	62	31	charge	charge	VERB
cblr-3009	62	32	households	household	NOUN
cblr-3009	62	33	according	accord	VERB
cblr-3009	62	34	to	to	ADP
cblr-3009	62	35	time	time	NOUN
cblr-3009	62	36	and	and	CCONJ
cblr-3009	62	37	temperature	temperature	NOUN
cblr-3009	62	38	,	,	PUNCT
cblr-3009	62	39	then	then	ADV
cblr-3009	62	40	refined	refined	ADJ
cblr-3009	62	41	pricing	pricing	NOUN
cblr-3009	62	42	may	may	AUX
cblr-3009	62	43	be	be	AUX
cblr-3009	62	44	inefficient	inefficient	ADJ
cblr-3009	62	45	.	.	PUNCT
cblr-3009	63	1	instead	instead	ADV
cblr-3009	63	2	,	,	PUNCT
cblr-3009	63	3	a	a	DET
cblr-3009	63	4	pooling	pool	VERB
cblr-3009	63	5	equilibrium	equilibrium	NOUN
cblr-3009	63	6	will	will	AUX
cblr-3009	63	7	exist	exist	VERB
cblr-3009	63	8	in	in	ADP
cblr-3009	63	9	which	which	PRON
cblr-3009	63	10	different	different	ADJ
cblr-3009	63	11	consumers	consumer	NOUN
cblr-3009	63	12	(	(	PUNCT
cblr-3009	63	13	e.g.	e.g.	ADV
cblr-3009	63	14	,	,	PUNCT
cblr-3009	63	15	peak	peak	NOUN
cblr-3009	63	16	and	and	CCONJ
cblr-3009	63	17	off	off	ADP
cblr-3009	63	18	-	-	PUNCT
cblr-3009	63	19	peak	peak	NOUN
cblr-3009	63	20	)	)	PUNCT
cblr-3009	63	21	are	be	AUX
cblr-3009	63	22	treated	treat	VERB
cblr-3009	63	23	equally	equally	ADV
cblr-3009	63	24	.	.	PUNCT
cblr-3009	64	1	in	in	ADP
cblr-3009	64	2	general	general	ADJ
cblr-3009	64	3	,	,	PUNCT
cblr-3009	64	4	economic	economic	ADJ
cblr-3009	64	5	policy	policy	NOUN
cblr-3009	64	6	should	should	AUX
cblr-3009	64	7	not	not	PART
cblr-3009	64	8	interfere	interfere	VERB
cblr-3009	64	9	with	with	ADP
cblr-3009	64	10	the	the	DET
cblr-3009	64	11	reduction	reduction	NOUN
cblr-3009	64	12	of	of	ADP
cblr-3009	64	13	transaction	transaction	NOUN
cblr-3009	64	14	costs	cost	NOUN
cblr-3009	64	15	that	that	PRON
cblr-3009	64	16	impede	impede	VERB
cblr-3009	64	17	the	the	DET
cblr-3009	64	18	realization	realization	NOUN
cblr-3009	64	19	of	of	ADP
cblr-3009	64	20	pricing	pricing	NOUN
cblr-3009	64	21	efficiencies	efficiency	NOUN
cblr-3009	64	22	.	.	PUNCT
cblr-3009	65	1	new	new	ADJ
cblr-3009	65	2	transaction	transaction	NOUN
cblr-3009	65	3	technologies	technology	NOUN
cblr-3009	65	4	can	can	AUX
cblr-3009	65	5	alter	alter	VERB
cblr-3009	65	6	the	the	DET
cblr-3009	65	7	pricing	pricing	NOUN
cblr-3009	65	8	equilibrium	equilibrium	NOUN
cblr-3009	65	9	that	that	PRON
cblr-3009	65	10	exists	exist	VERB
cblr-3009	65	11	in	in	ADP
cblr-3009	65	12	a	a	DET
cblr-3009	65	13	given	give	VERB
cblr-3009	65	14	market	market	NOUN
cblr-3009	65	15	.	.	PUNCT
cblr-3009	66	1	for	for	ADP
cblr-3009	66	2	example	example	NOUN
cblr-3009	66	3	,	,	PUNCT
cblr-3009	66	4	until	until	ADP
cblr-3009	66	5	the	the	DET
cblr-3009	66	6	late	late	ADJ
cblr-3009	66	7	1990s	1990	NOUN
cblr-3009	66	8	,	,	PUNCT
cblr-3009	66	9	most	most	ADJ
cblr-3009	66	10	passengers	passenger	NOUN
cblr-3009	66	11	purchased	purchase	VERB
cblr-3009	66	12	airline	airline	NOUN
cblr-3009	66	13	tickets	ticket	NOUN
cblr-3009	66	14	through	through	ADP
cblr-3009	66	15	independent	independent	ADJ
cblr-3009	66	16	travel	travel	NOUN
cblr-3009	66	17	agents.5	agents.5	PROPN
cblr-3009	66	18	pooling	pool	VERB
cblr-3009	66	19	equilibrium	equilibrium	NOUN
cblr-3009	66	20	existed	exist	VERB
cblr-3009	66	21	in	in	ADP
cblr-3009	66	22	which	which	PRON
cblr-3009	66	23	consumers	consumer	NOUN
cblr-3009	66	24	paid	pay	VERB
cblr-3009	66	25	the	the	DET
cblr-3009	66	26	same	same	ADJ
cblr-3009	66	27	price	price	NOUN
cblr-3009	66	28	for	for	ADP
cblr-3009	66	29	a	a	DET
cblr-3009	66	30	ticket	ticket	NOUN
cblr-3009	66	31	irrespective	irrespective	ADV
cblr-3009	66	32	of	of	ADP
cblr-3009	66	33	how	how	SCONJ
cblr-3009	66	34	intensely	intensely	ADV
cblr-3009	66	35	they	they	PRON
cblr-3009	66	36	used	use	VERB
cblr-3009	66	37	the	the	DET
cblr-3009	66	38	travel	travel	NOUN
cblr-3009	66	39	agent	agent	NOUN
cblr-3009	66	40	's	's	PART
cblr-3009	66	41	services	service	NOUN
cblr-3009	66	42	.	.	PUNCT
cblr-3009	67	1	airlines	airline	NOUN
cblr-3009	67	2	paid	pay	VERB
cblr-3009	67	3	travel	travel	NOUN
cblr-3009	67	4	agents	agent	NOUN
cblr-3009	67	5	according	accord	VERB
cblr-3009	67	6	to	to	ADP
cblr-3009	67	7	each	each	DET
cblr-3009	67	8	ticket	ticket	NOUN
cblr-3009	67	9	sold	sell	VERB
cblr-3009	67	10	.	.	PUNCT
cblr-3009	68	1	although	although	SCONJ
cblr-3009	68	2	the	the	DET
cblr-3009	68	3	level	level	NOUN
cblr-3009	68	4	of	of	ADP
cblr-3009	68	5	service	service	NOUN
cblr-3009	68	6	that	that	PRON
cblr-3009	68	7	customers	customer	NOUN
cblr-3009	68	8	received	receive	VERB
cblr-3009	68	9	varied	varied	ADJ
cblr-3009	68	10	,	,	PUNCT
cblr-3009	68	11	it	it	PRON
cblr-3009	68	12	was	be	AUX
cblr-3009	68	13	more	more	ADV
cblr-3009	68	14	efficient	efficient	ADJ
cblr-3009	68	15	for	for	SCONJ
cblr-3009	68	16	airlines	airline	NOUN
cblr-3009	68	17	to	to	PART
cblr-3009	68	18	adopt	adopt	VERB
cblr-3009	68	19	a	a	DET
cblr-3009	68	20	uniform	uniform	ADJ
cblr-3009	68	21	commission	commission	NOUN
cblr-3009	68	22	structure	structure	NOUN
cblr-3009	68	23	that	that	PRON
cblr-3009	68	24	disregarded	disregard	VERB
cblr-3009	68	25	the	the	DET
cblr-3009	68	26	amount	amount	NOUN
cblr-3009	68	27	of	of	ADP
cblr-3009	68	28	time	time	NOUN
cblr-3009	68	29	agents	agent	NOUN
cblr-3009	68	30	spent	spend	VERB
cblr-3009	68	31	serving	serve	VERB
cblr-3009	68	32	particular	particular	ADJ
cblr-3009	68	33	customers	customer	NOUN
cblr-3009	68	34	.	.	PUNCT
cblr-3009	68	35	'	'	PUNCT
cblr-3009	69	1	in	in	ADP
cblr-3009	69	2	this	this	DET
cblr-3009	69	3	case	case	NOUN
cblr-3009	69	4	,	,	PUNCT
cblr-3009	69	5	the	the	DET
cblr-3009	69	6	total	total	ADJ
cblr-3009	69	7	cost	cost	NOUN
cblr-3009	69	8	to	to	ADP
cblr-3009	69	9	consumers	consumer	NOUN
cblr-3009	69	10	was	be	AUX
cblr-3009	69	11	no	no	ADV
cblr-3009	69	12	different	different	ADJ
cblr-3009	69	13	if	if	SCONJ
cblr-3009	69	14	they	they	PRON
cblr-3009	69	15	paid	pay	VERB
cblr-3009	69	16	a	a	DET
cblr-3009	69	17	ticket	ticket	NOUN
cblr-3009	69	18	price	price	NOUN
cblr-3009	69	19	that	that	PRON
cblr-3009	69	20	included	include	VERB
cblr-3009	69	21	the	the	DET
cblr-3009	69	22	travel	travel	NOUN
cblr-3009	69	23	agent	agent	NOUN
cblr-3009	69	24	's	's	PART
cblr-3009	69	25	commission	commission	NOUN
cblr-3009	69	26	than	than	SCONJ
cblr-3009	69	27	if	if	SCONJ
cblr-3009	69	28	they	they	PRON
cblr-3009	69	29	paid	pay	VERB
cblr-3009	69	30	a	a	DET
cblr-3009	69	31	separate	separate	ADJ
cblr-3009	69	32	commission	commission	NOUN
cblr-3009	69	33	to	to	ADP
cblr-3009	69	34	the	the	DET
cblr-3009	69	35	travel	travel	NOUN
cblr-3009	69	36	agent	agent	NOUN
cblr-3009	69	37	(	(	PUNCT
cblr-3009	69	38	and	and	CCONJ
cblr-3009	69	39	a	a	DET
cblr-3009	69	40	correspondingly	correspondingly	ADV
cblr-3009	69	41	lower	low	ADJ
cblr-3009	69	42	ticket	ticket	NOUN
cblr-3009	69	43	price	price	NOUN
cblr-3009	69	44	)	)	PUNCT
cblr-3009	69	45	.	.	PUNCT
cblr-3009	70	1	the	the	DET
cblr-3009	70	2	proliferation	proliferation	NOUN
cblr-3009	70	3	of	of	ADP
cblr-3009	70	4	airline	airline	NOUN
cblr-3009	70	5	and	and	CCONJ
cblr-3009	70	6	travel	travel	NOUN
cblr-3009	70	7	websites	website	NOUN
cblr-3009	70	8	has	have	AUX
cblr-3009	70	9	significantly	significantly	ADV
cblr-3009	70	10	reduced	reduce	VERB
cblr-3009	70	11	the	the	DET
cblr-3009	70	12	costs	cost	NOUN
cblr-3009	70	13	of	of	ADP
cblr-3009	70	14	searching	search	VERB
cblr-3009	70	15	for	for	ADP
cblr-3009	70	16	and	and	CCONJ
cblr-3009	70	17	booking	book	VERB
cblr-3009	70	18	flights	flight	NOUN
cblr-3009	70	19	for	for	ADP
cblr-3009	70	20	internet	internet	NOUN
cblr-3009	70	21	-	-	PUNCT
cblr-3009	70	22	savvy	savvy	ADJ
cblr-3009	70	23	consumers	consumer	NOUN
cblr-3009	70	24	.	.	PUNCT
cblr-3009	71	1	moreover	moreover	ADV
cblr-3009	71	2	,	,	PUNCT
cblr-3009	71	3	airlines	airline	NOUN
cblr-3009	71	4	can	can	AUX
cblr-3009	71	5	'	'	PUNCT
cblr-3009	71	6	severin	severin	PROPN
cblr-3009	71	7	borenstein	borenstein	PROPN
cblr-3009	71	8	&	&	CCONJ
cblr-3009	71	9	nancy	nancy	PROPN
cblr-3009	71	10	l.	l.	PROPN
cblr-3009	71	11	rose	rise	VERB
cblr-3009	71	12	,	,	PUNCT
cblr-3009	71	13	nat'l	nat'l	PROPN
cblr-3009	71	14	bureau	bureau	PROPN
cblr-3009	71	15	of	of	ADP
cblr-3009	71	16	econ	econ	PROPN
cblr-3009	71	17	.	.	PUNCT
cblr-3009	72	1	research	research	NOUN
cblr-3009	72	2	conference	conference	NOUN
cblr-3009	72	3	on	on	ADP
cblr-3009	72	4	regulation	regulation	NOUN
cblr-3009	72	5	,	,	PUNCT
cblr-3009	72	6	regulatory	regulatory	ADJ
cblr-3009	72	7	reform	reform	NOUN
cblr-3009	72	8	in	in	ADP
cblr-3009	72	9	the	the	DET
cblr-3009	72	10	airline	airline	NOUN
cblr-3009	72	11	industry	industry	NOUN
cblr-3009	72	12	13	13	NUM
cblr-3009	72	13	(	(	PUNCT
cblr-3009	72	14	2005	2005	NUM
cblr-3009	72	15	)	)	PUNCT
cblr-3009	72	16	,	,	PUNCT
cblr-3009	72	17	available	available	ADJ
cblr-3009	72	18	at	at	ADP
cblr-3009	72	19	http://www.nber.org/-confer/2005/reg/rose.pdf	http://www.nber.org/-confer/2005/reg/rose.pdf	PROPN
cblr-3009	72	20	.	.	PROPN
cblr-3009	73	1	6	6	NUM
cblr-3009	73	2	it	it	PRON
cblr-3009	73	3	would	would	AUX
cblr-3009	73	4	have	have	AUX
cblr-3009	73	5	been	be	AUX
cblr-3009	73	6	difficult	difficult	ADJ
cblr-3009	73	7	for	for	SCONJ
cblr-3009	73	8	airlines	airline	NOUN
cblr-3009	73	9	to	to	PART
cblr-3009	73	10	monitor	monitor	VERB
cblr-3009	73	11	and	and	CCONJ
cblr-3009	73	12	to	to	PART
cblr-3009	73	13	compensate	compensate	VERB
cblr-3009	73	14	independent	independent	ADJ
cblr-3009	73	15	travel	travel	NOUN
cblr-3009	73	16	agents	agent	NOUN
cblr-3009	73	17	in	in	ADP
cblr-3009	73	18	amounts	amount	NOUN
cblr-3009	73	19	that	that	PRON
cblr-3009	73	20	varied	varied	ADJ
cblr-3009	73	21	according	accord	VERB
cblr-3009	73	22	to	to	ADP
cblr-3009	73	23	the	the	DET
cblr-3009	73	24	level	level	NOUN
cblr-3009	73	25	of	of	ADP
cblr-3009	73	26	service	service	NOUN
cblr-3009	73	27	provided	provide	VERB
cblr-3009	73	28	to	to	ADP
cblr-3009	73	29	individual	individual	ADJ
cblr-3009	73	30	travelers	traveler	NOUN
cblr-3009	73	31	.	.	PUNCT
cblr-3009	74	1	no	no	INTJ
cblr-3009	74	2	.	.	PUNCT
cblr-3009	75	1	3:617	3:617	NUM
cblr-3009	75	2	]	]	PUNCT
cblr-3009	75	3	directly	directly	ADV
cblr-3009	75	4	monitor	monitor	VERB
cblr-3009	75	5	which	which	PRON
cblr-3009	75	6	consumers	consumer	NOUN
cblr-3009	75	7	utilize	utilize	VERB
cblr-3009	75	8	the	the	DET
cblr-3009	75	9	internet	internet	NOUN
cblr-3009	75	10	to	to	PART
cblr-3009	75	11	purchase	purchase	VERB
cblr-3009	75	12	tickets	ticket	NOUN
cblr-3009	75	13	.	.	PUNCT
cblr-3009	76	1	because	because	SCONJ
cblr-3009	76	2	using	use	VERB
cblr-3009	76	3	the	the	DET
cblr-3009	76	4	internet	internet	NOUN
cblr-3009	76	5	significantly	significantly	ADV
cblr-3009	76	6	lowers	lower	VERB
cblr-3009	76	7	transaction	transaction	NOUN
cblr-3009	76	8	costs	cost	NOUN
cblr-3009	76	9	,	,	PUNCT
cblr-3009	76	10	airlines	airline	NOUN
cblr-3009	76	11	have	have	AUX
cblr-3009	76	12	reduced	reduce	VERB
cblr-3009	76	13	the	the	DET
cblr-3009	76	14	incidence	incidence	NOUN
cblr-3009	76	15	of	of	ADP
cblr-3009	76	16	price	price	NOUN
cblr-3009	76	17	pooling	pooling	NOUN
cblr-3009	76	18	by	by	ADP
cblr-3009	76	19	offering	offer	VERB
cblr-3009	76	20	lower	low	ADJ
cblr-3009	76	21	net	net	ADJ
cblr-3009	76	22	prices	price	NOUN
cblr-3009	76	23	to	to	ADP
cblr-3009	76	24	internet	internet	NOUN
cblr-3009	76	25	customers	customer	NOUN
cblr-3009	76	26	and	and	CCONJ
cblr-3009	76	27	by	by	ADP
cblr-3009	76	28	abolishing	abolish	VERB
cblr-3009	76	29	commissions	commission	NOUN
cblr-3009	76	30	paid	pay	VERB
cblr-3009	76	31	to	to	PART
cblr-3009	76	32	travel	travel	VERB
cblr-3009	76	33	agents.7	agents.7	NOUN
cblr-3009	76	34	consumers	consumer	NOUN
cblr-3009	76	35	can	can	AUX
cblr-3009	76	36	still	still	ADV
cblr-3009	76	37	receive	receive	VERB
cblr-3009	76	38	personalized	personalized	ADJ
cblr-3009	76	39	services	service	NOUN
cblr-3009	76	40	from	from	ADP
cblr-3009	76	41	ticket	ticket	NOUN
cblr-3009	76	42	agents	agent	NOUN
cblr-3009	76	43	,	,	PUNCT
cblr-3009	76	44	but	but	CCONJ
cblr-3009	76	45	they	they	PRON
cblr-3009	76	46	typically	typically	ADV
cblr-3009	76	47	must	must	AUX
cblr-3009	76	48	pay	pay	VERB
cblr-3009	76	49	an	an	DET
cblr-3009	76	50	additional	additional	ADJ
cblr-3009	76	51	service	service	NOUN
cblr-3009	76	52	charge	charge	NOUN
cblr-3009	76	53	directly	directly	ADV
cblr-3009	76	54	to	to	ADP
cblr-3009	76	55	the	the	DET
cblr-3009	76	56	agent	agent	NOUN
cblr-3009	76	57	.	.	PUNCT
cblr-3009	77	1	accordingly	accordingly	ADV
cblr-3009	77	2	,	,	PUNCT
cblr-3009	77	3	consumers	consumer	NOUN
cblr-3009	77	4	employ	employ	VERB
cblr-3009	77	5	travel	travel	NOUN
cblr-3009	77	6	agents	agent	NOUN
cblr-3009	77	7	only	only	ADV
cblr-3009	77	8	if	if	SCONJ
cblr-3009	77	9	the	the	DET
cblr-3009	77	10	value	value	NOUN
cblr-3009	77	11	of	of	ADP
cblr-3009	77	12	the	the	DET
cblr-3009	77	13	agent	agent	NOUN
cblr-3009	77	14	's	's	PART
cblr-3009	77	15	services	service	NOUN
cblr-3009	77	16	exceeds	exceed	VERB
cblr-3009	77	17	the	the	DET
cblr-3009	77	18	service	service	NOUN
cblr-3009	77	19	fee	fee	NOUN
cblr-3009	77	20	.	.	PUNCT
cblr-3009	78	1	in	in	ADP
cblr-3009	78	2	this	this	DET
cblr-3009	78	3	way	way	NOUN
cblr-3009	78	4	,	,	PUNCT
cblr-3009	78	5	price	price	NOUN
cblr-3009	78	6	refining	refining	NOUN
cblr-3009	78	7	efficiently	efficiently	ADV
cblr-3009	78	8	steers	steer	VERB
cblr-3009	78	9	consumers	consumer	NOUN
cblr-3009	78	10	towards	towards	ADP
cblr-3009	78	11	the	the	DET
cblr-3009	78	12	lower	low	ADJ
cblr-3009	78	13	cost	cost	NOUN
cblr-3009	78	14	alternative	alternative	NOUN
cblr-3009	78	15	in	in	ADP
cblr-3009	78	16	the	the	DET
cblr-3009	78	17	same	same	ADJ
cblr-3009	78	18	way	way	NOUN
cblr-3009	78	19	that	that	PRON
cblr-3009	78	20	self	self	NOUN
cblr-3009	78	21	-	-	PUNCT
cblr-3009	78	22	serve	serve	VERB
cblr-3009	78	23	and	and	CCONJ
cblr-3009	78	24	full	full	ADV
cblr-3009	78	25	-	-	PUNCT
cblr-3009	78	26	serve	serve	NOUN
cblr-3009	78	27	gasoline	gasoline	NOUN
cblr-3009	78	28	pump	pump	NOUN
cblr-3009	78	29	pricing	pricing	NOUN
cblr-3009	78	30	did	do	VERB
cblr-3009	78	31	twenty	twenty	NUM
cblr-3009	78	32	years	year	NOUN
cblr-3009	78	33	earlier	early	ADV
cblr-3009	78	34	.	.	PUNCT
cblr-3009	79	1	thus	thus	ADV
cblr-3009	79	2	,	,	PUNCT
cblr-3009	79	3	the	the	DET
cblr-3009	79	4	internet	internet	NOUN
cblr-3009	79	5	has	have	AUX
cblr-3009	79	6	caused	cause	VERB
cblr-3009	79	7	a	a	DET
cblr-3009	79	8	movement	movement	NOUN
cblr-3009	79	9	away	away	ADV
cblr-3009	79	10	from	from	ADP
cblr-3009	79	11	a	a	DET
cblr-3009	79	12	pooling	pool	VERB
cblr-3009	79	13	equilibrium	equilibrium	NOUN
cblr-3009	79	14	to	to	ADP
cblr-3009	79	15	a	a	DET
cblr-3009	79	16	specialized	specialized	ADJ
cblr-3009	79	17	equilibrium	equilibrium	NOUN
cblr-3009	79	18	.	.	PUNCT
cblr-3009	80	1	b.	b.	PROPN
cblr-3009	80	2	externalities	externality	NOUN
cblr-3009	80	3	externalities	externality	NOUN
cblr-3009	80	4	arise	arise	VERB
cblr-3009	80	5	when	when	SCONJ
cblr-3009	80	6	the	the	DET
cblr-3009	80	7	private	private	ADJ
cblr-3009	80	8	cost	cost	NOUN
cblr-3009	80	9	facing	face	VERB
cblr-3009	80	10	a	a	DET
cblr-3009	80	11	buyer	buyer	NOUN
cblr-3009	80	12	or	or	CCONJ
cblr-3009	80	13	seller	seller	NOUN
cblr-3009	80	14	differs	differ	VERB
cblr-3009	80	15	significantly	significantly	ADV
cblr-3009	80	16	from	from	ADP
cblr-3009	80	17	the	the	DET
cblr-3009	80	18	social	social	ADJ
cblr-3009	80	19	cost	cost	NOUN
cblr-3009	80	20	.	.	PUNCT
cblr-3009	81	1	factory	factory	NOUN
cblr-3009	81	2	emissions	emission	NOUN
cblr-3009	81	3	and	and	CCONJ
cblr-3009	81	4	highway	highway	NOUN
cblr-3009	81	5	congestion	congestion	NOUN
cblr-3009	81	6	illustrate	illustrate	VERB
cblr-3009	81	7	classic	classic	ADJ
cblr-3009	81	8	examples	example	NOUN
cblr-3009	81	9	.	.	PUNCT
cblr-3009	82	1	if	if	SCONJ
cblr-3009	82	2	a	a	DET
cblr-3009	82	3	factory	factory	NOUN
cblr-3009	82	4	owner	owner	NOUN
cblr-3009	82	5	does	do	AUX
cblr-3009	82	6	not	not	PART
cblr-3009	82	7	have	have	VERB
cblr-3009	82	8	to	to	PART
cblr-3009	82	9	compensate	compensate	VERB
cblr-3009	82	10	his	his	PRON
cblr-3009	82	11	or	or	CCONJ
cblr-3009	82	12	her	her	PRON
cblr-3009	82	13	neighbors	neighbor	NOUN
cblr-3009	82	14	for	for	ADP
cblr-3009	82	15	the	the	DET
cblr-3009	82	16	pollution	pollution	NOUN
cblr-3009	82	17	costs	cost	NOUN
cblr-3009	82	18	the	the	DET
cblr-3009	82	19	factory	factory	NOUN
cblr-3009	82	20	imposes	impose	VERB
cblr-3009	82	21	upon	upon	SCONJ
cblr-3009	82	22	them	they	PRON
cblr-3009	82	23	(	(	PUNCT
cblr-3009	82	24	e.g.	e.g.	ADV
cblr-3009	82	25	,	,	PUNCT
cblr-3009	82	26	for	for	ADP
cblr-3009	82	27	cleaning	cleaning	NOUN
cblr-3009	82	28	,	,	PUNCT
cblr-3009	82	29	health	health	NOUN
cblr-3009	82	30	care	care	NOUN
cblr-3009	82	31	,	,	PUNCT
cblr-3009	82	32	and	and	CCONJ
cblr-3009	82	33	a	a	DET
cblr-3009	82	34	lower	low	ADJ
cblr-3009	82	35	quality	quality	NOUN
cblr-3009	82	36	of	of	ADP
cblr-3009	82	37	life	life	NOUN
cblr-3009	82	38	)	)	PUNCT
cblr-3009	82	39	,	,	PUNCT
cblr-3009	82	40	then	then	ADV
cblr-3009	82	41	the	the	DET
cblr-3009	82	42	factory	factory	NOUN
cblr-3009	82	43	has	have	VERB
cblr-3009	82	44	an	an	DET
cblr-3009	82	45	economic	economic	ADJ
cblr-3009	82	46	incentive	incentive	NOUN
cblr-3009	82	47	to	to	PART
cblr-3009	82	48	overpollute	overpollute	VERB
cblr-3009	82	49	.	.	PUNCT
cblr-3009	83	1	similarly	similarly	ADV
cblr-3009	83	2	,	,	PUNCT
cblr-3009	83	3	a	a	DET
cblr-3009	83	4	motorist	motorist	NOUN
cblr-3009	83	5	who	who	PRON
cblr-3009	83	6	does	do	AUX
cblr-3009	83	7	not	not	PART
cblr-3009	83	8	have	have	VERB
cblr-3009	83	9	to	to	PART
cblr-3009	83	10	compensate	compensate	VERB
cblr-3009	83	11	other	other	ADJ
cblr-3009	83	12	motorists	motorist	NOUN
cblr-3009	83	13	for	for	ADP
cblr-3009	83	14	slowing	slow	VERB
cblr-3009	83	15	traffic	traffic	NOUN
cblr-3009	83	16	has	have	VERB
cblr-3009	83	17	an	an	DET
cblr-3009	83	18	incentive	incentive	NOUN
cblr-3009	83	19	to	to	PART
cblr-3009	83	20	drive	drive	VERB
cblr-3009	83	21	too	too	ADV
cblr-3009	83	22	much.8	much.8	PROPN
cblr-3009	83	23	by	by	ADP
cblr-3009	83	24	taxing	tax	VERB
cblr-3009	83	25	pollution	pollution	NOUN
cblr-3009	83	26	or	or	CCONJ
cblr-3009	83	27	charging	charge	VERB
cblr-3009	83	28	highway	highway	NOUN
cblr-3009	83	29	tolls	toll	NOUN
cblr-3009	83	30	in	in	ADP
cblr-3009	83	31	amounts	amount	NOUN
cblr-3009	83	32	equal	equal	ADJ
cblr-3009	83	33	to	to	ADP
cblr-3009	83	34	the	the	DET
cblr-3009	83	35	social	social	ADJ
cblr-3009	83	36	costs	cost	NOUN
cblr-3009	83	37	imposed	impose	VERB
cblr-3009	83	38	by	by	ADP
cblr-3009	83	39	these	these	DET
cblr-3009	83	40	activities	activity	NOUN
cblr-3009	83	41	,	,	PUNCT
cblr-3009	83	42	regulators	regulator	NOUN
cblr-3009	83	43	can	can	AUX
cblr-3009	83	44	theoretically	theoretically	ADV
cblr-3009	83	45	correct	correct	VERB
cblr-3009	83	46	these	these	DET
cblr-3009	83	47	market	market	NOUN
cblr-3009	83	48	failures	failure	NOUN
cblr-3009	83	49	.	.	PUNCT
cblr-3009	84	1	whereas	whereas	SCONJ
cblr-3009	84	2	the	the	DET
cblr-3009	84	3	traditional	traditional	ADJ
cblr-3009	84	4	"	"	PUNCT
cblr-3009	84	5	pigouvian	pigouvian	ADJ
cblr-3009	84	6	"	"	PUNCT
cblr-3009	84	7	view	view	NOUN
cblr-3009	84	8	of	of	ADP
cblr-3009	84	9	externalities	externality	NOUN
cblr-3009	84	10	describes	describe	VERB
cblr-3009	84	11	the	the	DET
cblr-3009	84	12	polluting	polluting	NOUN
cblr-3009	84	13	factory	factory	NOUN
cblr-3009	84	14	as	as	ADP
cblr-3009	84	15	unambiguously	unambiguously	ADV
cblr-3009	84	16	imposing	impose	VERB
cblr-3009	84	17	costs	cost	NOUN
cblr-3009	84	18	on	on	ADP
cblr-3009	84	19	others	other	NOUN
cblr-3009	84	20	,	,	PUNCT
cblr-3009	84	21	ronald	ronald	PROPN
cblr-3009	84	22	coase	coase	PROPN
cblr-3009	84	23	challenged	challenge	VERB
cblr-3009	84	24	this	this	DET
cblr-3009	84	25	notion	notion	NOUN
cblr-3009	84	26	by	by	ADP
cblr-3009	84	27	borenstein	borenstein	PROPN
cblr-3009	84	28	&	&	CCONJ
cblr-3009	84	29	rose	rise	VERB
cblr-3009	84	30	,	,	PUNCT
cblr-3009	84	31	supra	supra	PROPN
cblr-3009	84	32	note	note	NOUN
cblr-3009	84	33	5	5	NUM
cblr-3009	84	34	,	,	PUNCT
cblr-3009	84	35	at	at	ADP
cblr-3009	84	36	13	13	NUM
cblr-3009	84	37	-	-	SYM
cblr-3009	84	38	14	14	NUM
cblr-3009	84	39	.	.	NOUN
cblr-3009	84	40	8	8	NUM
cblr-3009	84	41	congestion	congestion	NOUN
cblr-3009	84	42	externalities	externality	NOUN
cblr-3009	84	43	,	,	PUNCT
cblr-3009	84	44	such	such	ADJ
cblr-3009	84	45	as	as	ADP
cblr-3009	84	46	driving	drive	VERB
cblr-3009	84	47	too	too	ADV
cblr-3009	84	48	often	often	ADV
cblr-3009	84	49	on	on	ADP
cblr-3009	84	50	a	a	DET
cblr-3009	84	51	highway	highway	NOUN
cblr-3009	84	52	,	,	PUNCT
cblr-3009	84	53	are	be	AUX
cblr-3009	84	54	examples	example	NOUN
cblr-3009	84	55	of	of	ADP
cblr-3009	84	56	negative	negative	ADJ
cblr-3009	84	57	"	"	PUNCT
cblr-3009	84	58	network	network	NOUN
cblr-3009	84	59	externalities	externality	NOUN
cblr-3009	84	60	.	.	PUNCT
cblr-3009	84	61	"	"	PUNCT
cblr-3009	85	1	see	see	VERB
cblr-3009	85	2	infra	infra	NOUN
cblr-3009	85	3	section	section	NOUN
cblr-3009	85	4	i1.c	i1.c	PROPN
cblr-3009	85	5	for	for	ADP
cblr-3009	85	6	further	further	ADJ
cblr-3009	85	7	discussion	discussion	NOUN
cblr-3009	85	8	.	.	PUNCT
cblr-3009	86	1	col	col	PROPN
cblr-3009	86	2	umbia	umbia	PROPN
cblr-3009	86	3	b	b	PROPN
cblr-3009	86	4	usiness	usiness	PROPN
cblr-3009	86	5	la	la	PROPN
cblr-3009	86	6	w	w	PROPN
cblr-3009	86	7	re	re	PROPN
cblr-3009	86	8	vie	vie	PROPN
cblr-3009	86	9	w	w	PROPN
cblr-3009	87	1	[	[	X
cblr-3009	87	2	vol	vol	NOUN
cblr-3009	87	3	.	.	PUNCT
cblr-3009	87	4	2005	2005	NUM
cblr-3009	87	5	acknowledging	acknowledge	VERB
cblr-3009	87	6	the	the	DET
cblr-3009	87	7	symmetric	symmetric	ADJ
cblr-3009	87	8	nature	nature	NOUN
cblr-3009	87	9	of	of	ADP
cblr-3009	87	10	externalities.9	externalities.9	PROPN
cblr-3009	87	11	while	while	SCONJ
cblr-3009	87	12	a	a	DET
cblr-3009	87	13	factory	factory	NOUN
cblr-3009	87	14	may	may	AUX
cblr-3009	87	15	impose	impose	VERB
cblr-3009	87	16	costs	cost	NOUN
cblr-3009	87	17	on	on	ADP
cblr-3009	87	18	nearby	nearby	ADJ
cblr-3009	87	19	homeowners	homeowner	NOUN
cblr-3009	87	20	,	,	PUNCT
cblr-3009	87	21	the	the	DET
cblr-3009	87	22	homeowners	homeowner	NOUN
cblr-3009	87	23	create	create	VERB
cblr-3009	87	24	such	such	ADJ
cblr-3009	87	25	costs	cost	NOUN
cblr-3009	87	26	by	by	ADP
cblr-3009	87	27	choosing	choose	VERB
cblr-3009	87	28	to	to	PART
cblr-3009	87	29	reside	reside	VERB
cblr-3009	87	30	near	near	ADP
cblr-3009	87	31	sources	source	NOUN
cblr-3009	87	32	of	of	ADP
cblr-3009	87	33	pollution	pollution	NOUN
cblr-3009	87	34	.	.	PUNCT
cblr-3009	88	1	it	it	PRON
cblr-3009	88	2	might	might	AUX
cblr-3009	88	3	be	be	AUX
cblr-3009	88	4	cheaper	cheap	ADJ
cblr-3009	88	5	for	for	SCONJ
cblr-3009	88	6	society	society	NOUN
cblr-3009	88	7	to	to	PART
cblr-3009	88	8	relocate	relocate	VERB
cblr-3009	88	9	the	the	DET
cblr-3009	88	10	homeowners	homeowner	NOUN
cblr-3009	88	11	or	or	CCONJ
cblr-3009	88	12	to	to	PART
cblr-3009	88	13	compensate	compensate	VERB
cblr-3009	88	14	them	they	PRON
cblr-3009	88	15	for	for	ADP
cblr-3009	88	16	accepting	accept	VERB
cblr-3009	88	17	dirtier	dirty	ADJ
cblr-3009	88	18	air	air	NOUN
cblr-3009	88	19	than	than	SCONJ
cblr-3009	88	20	to	to	PART
cblr-3009	88	21	force	force	VERB
cblr-3009	88	22	the	the	DET
cblr-3009	88	23	factory	factory	NOUN
cblr-3009	88	24	to	to	PART
cblr-3009	88	25	move	move	VERB
cblr-3009	88	26	or	or	CCONJ
cblr-3009	88	27	reduce	reduce	VERB
cblr-3009	88	28	pollution	pollution	NOUN
cblr-3009	88	29	.	.	PUNCT
cblr-3009	89	1	having	have	VERB
cblr-3009	89	2	the	the	DET
cblr-3009	89	3	authority	authority	NOUN
cblr-3009	89	4	to	to	PART
cblr-3009	89	5	regulate	regulate	VERB
cblr-3009	89	6	air	air	NOUN
cblr-3009	89	7	quality	quality	NOUN
cblr-3009	89	8	would	would	AUX
cblr-3009	89	9	seem	seem	VERB
cblr-3009	89	10	to	to	PART
cblr-3009	89	11	correspond	correspond	VERB
cblr-3009	89	12	to	to	ADP
cblr-3009	89	13	the	the	DET
cblr-3009	89	14	ability	ability	NOUN
cblr-3009	89	15	to	to	PART
cblr-3009	89	16	reduce	reduce	VERB
cblr-3009	89	17	pollution	pollution	NOUN
cblr-3009	89	18	,	,	PUNCT
cblr-3009	89	19	but	but	CCONJ
cblr-3009	89	20	coase	coase	PROPN
cblr-3009	89	21	argued	argue	VERB
cblr-3009	89	22	that	that	SCONJ
cblr-3009	89	23	this	this	DET
cblr-3009	89	24	assumption	assumption	NOUN
cblr-3009	89	25	might	might	AUX
cblr-3009	89	26	be	be	AUX
cblr-3009	89	27	flawed	flaw	VERB
cblr-3009	89	28	in	in	ADP
cblr-3009	89	29	certain	certain	ADJ
cblr-3009	89	30	circumstances	circumstance	NOUN
cblr-3009	89	31	.	.	PUNCT
cblr-3009	89	32	'	'	PUNCT
cblr-3009	90	1	°	°	PROPN
cblr-3009	90	2	coase	coase	PROPN
cblr-3009	90	3	explained	explain	VERB
cblr-3009	90	4	that	that	SCONJ
cblr-3009	90	5	externalities	externality	NOUN
cblr-3009	90	6	and	and	CCONJ
cblr-3009	90	7	transaction	transaction	NOUN
cblr-3009	90	8	costs	cost	NOUN
cblr-3009	90	9	are	be	AUX
cblr-3009	90	10	related	relate	VERB
cblr-3009	90	11	phenomena	phenomenon	NOUN
cblr-3009	90	12	.	.	PUNCT
cblr-3009	90	13	"	"	PUNCT
cblr-3009	91	1	in	in	ADP
cblr-3009	91	2	a	a	DET
cblr-3009	91	3	world	world	NOUN
cblr-3009	91	4	with	with	ADP
cblr-3009	91	5	no	no	DET
cblr-3009	91	6	transaction	transaction	NOUN
cblr-3009	91	7	costs	cost	NOUN
cblr-3009	91	8	,	,	PUNCT
cblr-3009	91	9	an	an	DET
cblr-3009	91	10	efficient	efficient	ADJ
cblr-3009	91	11	allocation	allocation	NOUN
cblr-3009	91	12	of	of	ADP
cblr-3009	91	13	resources	resource	NOUN
cblr-3009	91	14	will	will	AUX
cblr-3009	91	15	occur	occur	VERB
cblr-3009	91	16	irrespective	irrespective	ADV
cblr-3009	91	17	of	of	ADP
cblr-3009	91	18	the	the	DET
cblr-3009	91	19	initial	initial	ADJ
cblr-3009	91	20	allocation	allocation	NOUN
cblr-3009	91	21	of	of	ADP
cblr-3009	91	22	property	property	NOUN
cblr-3009	91	23	rights	right	NOUN
cblr-3009	91	24	and	and	CCONJ
cblr-3009	91	25	the	the	DET
cblr-3009	91	26	existence	existence	NOUN
cblr-3009	91	27	of	of	ADP
cblr-3009	91	28	the	the	DET
cblr-3009	91	29	externality	externality	NOUN
cblr-3009	91	30	.	.	PUNCT
cblr-3009	92	1	the	the	DET
cblr-3009	92	2	allocation	allocation	NOUN
cblr-3009	92	3	of	of	ADP
cblr-3009	92	4	costs	cost	NOUN
cblr-3009	92	5	,	,	PUNCT
cblr-3009	92	6	rights	right	NOUN
cblr-3009	92	7	,	,	PUNCT
cblr-3009	92	8	and	and	CCONJ
cblr-3009	92	9	obligations	obligation	NOUN
cblr-3009	92	10	is	be	AUX
cblr-3009	92	11	"	"	PUNCT
cblr-3009	92	12	neutral	neutral	ADJ
cblr-3009	92	13	"	"	PUNCT
cblr-3009	92	14	in	in	ADP
cblr-3009	92	15	such	such	DET
cblr-3009	92	16	a	a	DET
cblr-3009	92	17	hypothetical	hypothetical	ADJ
cblr-3009	92	18	world	world	NOUN
cblr-3009	92	19	,	,	PUNCT
cblr-3009	92	20	and	and	CCONJ
cblr-3009	92	21	private	private	ADJ
cblr-3009	92	22	contracting	contracting	NOUN
cblr-3009	92	23	is	be	AUX
cblr-3009	92	24	sufficient	sufficient	ADJ
cblr-3009	92	25	to	to	PART
cblr-3009	92	26	solve	solve	VERB
cblr-3009	92	27	the	the	DET
cblr-3009	92	28	externality	externality	NOUN
cblr-3009	92	29	problem	problem	NOUN
cblr-3009	92	30	.	.	PUNCT
cblr-3009	93	1	coase	coase	PROPN
cblr-3009	93	2	's	's	PART
cblr-3009	93	3	insight	insight	NOUN
cblr-3009	93	4	,	,	PUNCT
cblr-3009	93	5	though	though	SCONJ
cblr-3009	93	6	profound	profound	ADJ
cblr-3009	93	7	,	,	PUNCT
cblr-3009	93	8	is	be	AUX
cblr-3009	93	9	simplistic	simplistic	ADJ
cblr-3009	93	10	:	:	PUNCT
cblr-3009	93	11	regardless	regardless	ADV
cblr-3009	93	12	of	of	ADP
cblr-3009	93	13	the	the	DET
cblr-3009	93	14	allocation	allocation	NOUN
cblr-3009	93	15	of	of	ADP
cblr-3009	93	16	property	property	NOUN
cblr-3009	93	17	rights	right	NOUN
cblr-3009	93	18	,	,	PUNCT
cblr-3009	93	19	the	the	DET
cblr-3009	93	20	efficient	efficient	ADJ
cblr-3009	93	21	solution	solution	NOUN
cblr-3009	93	22	will	will	AUX
cblr-3009	93	23	produce	produce	VERB
cblr-3009	93	24	more	more	ADJ
cblr-3009	93	25	output	output	NOUN
cblr-3009	93	26	that	that	PRON
cblr-3009	93	27	can	can	AUX
cblr-3009	93	28	be	be	AUX
cblr-3009	93	29	used	use	VERB
cblr-3009	93	30	to	to	PART
cblr-3009	93	31	make	make	VERB
cblr-3009	93	32	each	each	DET
cblr-3009	93	33	party	party	NOUN
cblr-3009	93	34	better	well	ADV
cblr-3009	93	35	off	off	ADP
cblr-3009	93	36	(	(	PUNCT
cblr-3009	93	37	or	or	CCONJ
cblr-3009	93	38	at	at	ADV
cblr-3009	93	39	least	least	ADV
cblr-3009	93	40	one	one	NUM
cblr-3009	93	41	party	party	NOUN
cblr-3009	93	42	better	well	ADV
cblr-3009	93	43	off	off	ADP
cblr-3009	93	44	without	without	ADP
cblr-3009	93	45	harming	harm	VERB
cblr-3009	93	46	the	the	DET
cblr-3009	93	47	other).12	other).12	NOUN
cblr-3009	93	48	for	for	ADP
cblr-3009	93	49	this	this	DET
cblr-3009	93	50	reason	reason	NOUN
cblr-3009	93	51	,	,	PUNCT
cblr-3009	93	52	the	the	DET
cblr-3009	93	53	most	most	ADV
cblr-3009	93	54	efficient	efficient	ADJ
cblr-3009	93	55	solution	solution	NOUN
cblr-3009	93	56	will	will	AUX
cblr-3009	93	57	always	always	ADV
cblr-3009	93	58	be	be	AUX
cblr-3009	93	59	attained	attain	VERB
cblr-3009	93	60	absent	absent	ADJ
cblr-3009	93	61	transaction	transaction	NOUN
cblr-3009	93	62	costs	cost	NOUN
cblr-3009	93	63	.	.	PUNCT
cblr-3009	94	1	of	of	ADP
cblr-3009	94	2	course	course	NOUN
cblr-3009	94	3	,	,	PUNCT
cblr-3009	94	4	it	it	PRON
cblr-3009	94	5	may	may	AUX
cblr-3009	94	6	not	not	PART
cblr-3009	94	7	be	be	AUX
cblr-3009	94	8	possible	possible	ADJ
cblr-3009	94	9	to	to	PART
cblr-3009	94	10	overcome	overcome	VERB
cblr-3009	94	11	transaction	transaction	NOUN
cblr-3009	94	12	costs	cost	NOUN
cblr-3009	94	13	.	.	PUNCT
cblr-3009	95	1	if	if	SCONJ
cblr-3009	95	2	there	there	PRON
cblr-3009	95	3	are	be	VERB
cblr-3009	95	4	many	many	ADJ
cblr-3009	95	5	parties	party	NOUN
cblr-3009	95	6	to	to	ADP
cblr-3009	95	7	a	a	DET
cblr-3009	95	8	potential	potential	ADJ
cblr-3009	95	9	negotiation	negotiation	NOUN
cblr-3009	95	10	,	,	PUNCT
cblr-3009	95	11	for	for	ADP
cblr-3009	95	12	example	example	NOUN
cblr-3009	95	13	,	,	PUNCT
cblr-3009	95	14	high	high	ADJ
cblr-3009	95	15	bargaining	bargaining	NOUN
cblr-3009	95	16	costs	cost	NOUN
cblr-3009	95	17	might	might	AUX
cblr-3009	95	18	impede	impede	VERB
cblr-3009	95	19	private	private	ADJ
cblr-3009	95	20	resolution	resolution	NOUN
cblr-3009	95	21	.	.	PUNCT
cblr-3009	96	1	given	give	VERB
cblr-3009	96	2	the	the	DET
cblr-3009	96	3	existence	existence	NOUN
cblr-3009	96	4	of	of	ADP
cblr-3009	96	5	transaction	transaction	NOUN
cblr-3009	96	6	costs	cost	NOUN
cblr-3009	96	7	,	,	PUNCT
cblr-3009	96	8	the	the	DET
cblr-3009	96	9	initial	initial	ADJ
cblr-3009	96	10	assignment	assignment	NOUN
cblr-3009	96	11	of	of	ADP
cblr-3009	96	12	property	property	NOUN
cblr-3009	96	13	rights	right	NOUN
cblr-3009	96	14	affects	affect	VERB
cblr-3009	96	15	the	the	DET
cblr-3009	96	16	allocation	allocation	NOUN
cblr-3009	96	17	of	of	ADP
cblr-3009	96	18	resources	resource	NOUN
cblr-3009	96	19	.	.	PUNCT
cblr-3009	97	1	market	market	NOUN
cblr-3009	97	2	failures	failure	NOUN
cblr-3009	97	3	occur	occur	VERB
cblr-3009	97	4	when	when	SCONJ
cblr-3009	97	5	parties	party	NOUN
cblr-3009	97	6	can	can	AUX
cblr-3009	97	7	not	not	PART
cblr-3009	97	8	resolve	resolve	VERB
cblr-3009	97	9	externalities	externality	NOUN
cblr-3009	97	10	privately	privately	ADV
cblr-3009	97	11	due	due	ADJ
cblr-3009	97	12	to	to	ADP
cblr-3009	97	13	transaction	transaction	NOUN
cblr-3009	97	14	costs	cost	NOUN
cblr-3009	97	15	.	.	PUNCT
cblr-3009	98	1	in	in	ADP
cblr-3009	98	2	some	some	DET
cblr-3009	98	3	cases	case	NOUN
cblr-3009	98	4	,	,	PUNCT
cblr-3009	98	5	the	the	DET
cblr-3009	98	6	potential	potential	NOUN
cblr-3009	98	7	for	for	ADP
cblr-3009	98	8	market	market	NOUN
cblr-3009	98	9	failure	failure	NOUN
cblr-3009	98	10	makes	make	VERB
cblr-3009	98	11	market	market	NOUN
cblr-3009	98	12	regulation	regulation	NOUN
cblr-3009	98	13	or	or	CCONJ
cblr-3009	98	14	an	an	DET
cblr-3009	98	15	initial	initial	ADJ
cblr-3009	98	16	allocation	allocation	NOUN
cblr-3009	98	17	of	of	ADP
cblr-3009	98	18	property	property	NOUN
cblr-3009	98	19	rights	right	NOUN
cblr-3009	98	20	sensible	sensible	ADJ
cblr-3009	98	21	.	.	PUNCT
cblr-3009	99	1	9	9	NUM
cblr-3009	99	2	ronald	ronald	PROPN
cblr-3009	99	3	coase	coase	PROPN
cblr-3009	99	4	,	,	PUNCT
cblr-3009	99	5	the	the	DET
cblr-3009	99	6	problem	problem	NOUN
cblr-3009	99	7	of	of	ADP
cblr-3009	99	8	social	social	ADJ
cblr-3009	99	9	cost	cost	NOUN
cblr-3009	99	10	,	,	PUNCT
cblr-3009	99	11	3	3	NUM
cblr-3009	99	12	j.l	j.l	PROPN
cblr-3009	99	13	.	.	PROPN
cblr-3009	99	14	&	&	CCONJ
cblr-3009	99	15	econ	econ	PROPN
cblr-3009	99	16	.	.	PROPN
cblr-3009	99	17	1	1	NUM
cblr-3009	99	18	(	(	PUNCT
cblr-3009	99	19	1960	1960	NUM
cblr-3009	99	20	)	)	PUNCT
cblr-3009	99	21	.	.	PUNCT
cblr-3009	100	1	'	'	PUNCT
cblr-3009	100	2	0	0	NUM
cblr-3009	101	1	i	i	PRON
cblr-3009	101	2	d.	d.	PROPN
cblr-3009	101	3	at	at	ADP
cblr-3009	101	4	17	17	NUM
cblr-3009	101	5	-	-	SYM
cblr-3009	101	6	19	19	NUM
cblr-3009	101	7	.	.	NOUN
cblr-3009	101	8	11	11	NUM
cblr-3009	101	9	i	i	PRON
cblr-3009	101	10	d.	d.	VERB
cblr-3009	101	11	at	at	ADP
cblr-3009	101	12	2	2	NUM
cblr-3009	101	13	-	-	SYM
cblr-3009	101	14	8	8	NUM
cblr-3009	101	15	.	.	NUM
cblr-3009	101	16	12	12	NUM
cblr-3009	102	1	i	i	PRON
cblr-3009	102	2	d.	d.	NOUN
cblr-3009	102	3	at	at	ADP
cblr-3009	102	4	5	5	NUM
cblr-3009	102	5	-	-	SYM
cblr-3009	102	6	6	6	NUM
cblr-3009	102	7	.	.	PUNCT
cblr-3009	102	8	transaction	transaction	NOUN
cblr-3009	102	9	costs	cost	NOUN
cblr-3009	102	10	and	and	CCONJ
cblr-3009	102	11	externalitiesno	externalitiesno	NOUN
cblr-3009	102	12	.	.	PUNCT
cblr-3009	103	1	3:617	3:617	NUM
cblr-3009	103	2	]	]	SYM
cblr-3009	103	3	one	one	NUM
cblr-3009	103	4	solution	solution	NOUN
cblr-3009	103	5	might	might	AUX
cblr-3009	103	6	be	be	AUX
cblr-3009	103	7	to	to	PART
cblr-3009	103	8	assign	assign	VERB
cblr-3009	103	9	financial	financial	ADJ
cblr-3009	103	10	responsibility	responsibility	NOUN
cblr-3009	103	11	for	for	ADP
cblr-3009	103	12	external	external	ADJ
cblr-3009	103	13	costs	cost	NOUN
cblr-3009	103	14	to	to	ADP
cblr-3009	103	15	the	the	DET
cblr-3009	103	16	party	party	NOUN
cblr-3009	103	17	best	well	ADV
cblr-3009	103	18	able	able	ADJ
cblr-3009	103	19	to	to	PART
cblr-3009	103	20	control	control	VERB
cblr-3009	103	21	them	they	PRON
cblr-3009	103	22	.	.	PUNCT
cblr-3009	104	1	some	some	DET
cblr-3009	104	2	externalities	externality	NOUN
cblr-3009	104	3	arise	arise	VERB
cblr-3009	104	4	in	in	ADP
cblr-3009	104	5	the	the	DET
cblr-3009	104	6	context	context	NOUN
cblr-3009	104	7	of	of	ADP
cblr-3009	104	8	commercial	commercial	ADJ
cblr-3009	104	9	relationships	relationship	NOUN
cblr-3009	104	10	.	.	PUNCT
cblr-3009	105	1	for	for	ADP
cblr-3009	105	2	example	example	NOUN
cblr-3009	105	3	,	,	PUNCT
cblr-3009	105	4	discounters	discounter	NOUN
cblr-3009	105	5	often	often	ADV
cblr-3009	105	6	free	free	ADJ
cblr-3009	105	7	-	-	PUNCT
cblr-3009	105	8	ride	ride	NOUN
cblr-3009	105	9	off	off	ADP
cblr-3009	105	10	of	of	ADP
cblr-3009	105	11	the	the	DET
cblr-3009	105	12	promotional	promotional	ADJ
cblr-3009	105	13	efforts	effort	NOUN
cblr-3009	105	14	and	and	CCONJ
cblr-3009	105	15	services	service	NOUN
cblr-3009	105	16	that	that	SCONJ
cblr-3009	105	17	full	full	ADJ
cblr-3009	105	18	-	-	PUNCT
cblr-3009	105	19	service	service	NOUN
cblr-3009	105	20	retailers	retailer	NOUN
cblr-3009	105	21	provide	provide	VERB
cblr-3009	105	22	.	.	PUNCT
cblr-3009	106	1	if	if	SCONJ
cblr-3009	106	2	sellers	seller	NOUN
cblr-3009	106	3	could	could	AUX
cblr-3009	106	4	charge	charge	VERB
cblr-3009	106	5	customers	customer	NOUN
cblr-3009	106	6	directly	directly	ADV
cblr-3009	106	7	for	for	ADP
cblr-3009	106	8	their	their	PRON
cblr-3009	106	9	services	service	NOUN
cblr-3009	106	10	and	and	CCONJ
cblr-3009	106	11	their	their	PRON
cblr-3009	106	12	promotional	promotional	ADJ
cblr-3009	106	13	efforts	effort	NOUN
cblr-3009	106	14	,	,	PUNCT
cblr-3009	106	15	whether	whether	SCONJ
cblr-3009	106	16	or	or	CCONJ
cblr-3009	106	17	not	not	PART
cblr-3009	106	18	customers	customer	NOUN
cblr-3009	106	19	purchase	purchase	VERB
cblr-3009	106	20	the	the	DET
cblr-3009	106	21	good	good	NOUN
cblr-3009	106	22	,	,	PUNCT
cblr-3009	106	23	then	then	ADV
cblr-3009	106	24	there	there	PRON
cblr-3009	106	25	would	would	AUX
cblr-3009	106	26	be	be	AUX
cblr-3009	106	27	no	no	DET
cblr-3009	106	28	externality	externality	NOUN
cblr-3009	106	29	.	.	PUNCT
cblr-3009	107	1	if	if	SCONJ
cblr-3009	107	2	this	this	DET
cblr-3009	107	3	pricing	pricing	NOUN
cblr-3009	107	4	structure	structure	NOUN
cblr-3009	107	5	is	be	AUX
cblr-3009	107	6	not	not	PART
cblr-3009	107	7	possible	possible	ADJ
cblr-3009	107	8	,	,	PUNCT
cblr-3009	107	9	then	then	ADV
cblr-3009	107	10	a	a	DET
cblr-3009	107	11	distributor	distributor	NOUN
cblr-3009	107	12	may	may	AUX
cblr-3009	107	13	choose	choose	VERB
cblr-3009	107	14	not	not	PART
cblr-3009	107	15	to	to	PART
cblr-3009	107	16	promote	promote	VERB
cblr-3009	107	17	a	a	DET
cblr-3009	107	18	manufacturer	manufacturer	NOUN
cblr-3009	107	19	's	's	PART
cblr-3009	107	20	products	product	NOUN
cblr-3009	107	21	in	in	ADP
cblr-3009	107	22	the	the	DET
cblr-3009	107	23	presence	presence	NOUN
cblr-3009	107	24	of	of	ADP
cblr-3009	107	25	free	free	ADJ
cblr-3009	107	26	-	-	PUNCT
cblr-3009	107	27	riding	riding	NOUN
cblr-3009	107	28	because	because	SCONJ
cblr-3009	107	29	the	the	DET
cblr-3009	107	30	distributor	distributor	NOUN
cblr-3009	107	31	bears	bear	VERB
cblr-3009	107	32	all	all	PRON
cblr-3009	107	33	of	of	ADP
cblr-3009	107	34	the	the	DET
cblr-3009	107	35	costs	cost	NOUN
cblr-3009	107	36	but	but	CCONJ
cblr-3009	107	37	does	do	AUX
cblr-3009	107	38	not	not	PART
cblr-3009	107	39	reap	reap	VERB
cblr-3009	107	40	all	all	PRON
cblr-3009	107	41	of	of	ADP
cblr-3009	107	42	the	the	DET
cblr-3009	107	43	benefits	benefit	NOUN
cblr-3009	107	44	from	from	ADP
cblr-3009	107	45	his	his	PRON
cblr-3009	107	46	or	or	CCONJ
cblr-3009	107	47	her	her	PRON
cblr-3009	107	48	promotional	promotional	ADJ
cblr-3009	107	49	efforts	effort	NOUN
cblr-3009	107	50	.	.	PUNCT
cblr-3009	108	1	in	in	ADP
cblr-3009	108	2	such	such	DET
cblr-3009	108	3	a	a	DET
cblr-3009	108	4	case	case	NOUN
cblr-3009	108	5	,	,	PUNCT
cblr-3009	108	6	the	the	DET
cblr-3009	108	7	distributor	distributor	NOUN
cblr-3009	108	8	may	may	AUX
cblr-3009	108	9	use	use	VERB
cblr-3009	108	10	vertical	vertical	ADJ
cblr-3009	108	11	contractual	contractual	ADJ
cblr-3009	108	12	restrictions	restriction	NOUN
cblr-3009	108	13	,	,	PUNCT
cblr-3009	108	14	such	such	ADJ
cblr-3009	108	15	as	as	ADP
cblr-3009	108	16	exclusive	exclusive	ADJ
cblr-3009	108	17	territories	territory	NOUN
cblr-3009	108	18	,	,	PUNCT
cblr-3009	108	19	to	to	PART
cblr-3009	108	20	reduce	reduce	VERB
cblr-3009	108	21	free	free	ADJ
cblr-3009	108	22	-	-	PUNCT
cblr-3009	108	23	riding	riding	NOUN
cblr-3009	108	24	.	.	PUNCT
cblr-3009	109	1	exclusive	exclusive	ADJ
cblr-3009	109	2	territory	territory	NOUN
cblr-3009	109	3	provisions	provision	NOUN
cblr-3009	109	4	allow	allow	VERB
cblr-3009	109	5	a	a	DET
cblr-3009	109	6	promoting	promote	VERB
cblr-3009	109	7	distributor	distributor	NOUN
cblr-3009	109	8	to	to	PART
cblr-3009	109	9	sell	sell	VERB
cblr-3009	109	10	to	to	ADP
cblr-3009	109	11	customers	customer	NOUN
cblr-3009	109	12	who	who	PRON
cblr-3009	109	13	received	receive	VERB
cblr-3009	109	14	promotional	promotional	ADJ
cblr-3009	109	15	services	service	NOUN
cblr-3009	109	16	.	.	PUNCT
cblr-3009	110	1	an	an	DET
cblr-3009	110	2	exclusive	exclusive	ADJ
cblr-3009	110	3	territory	territory	NOUN
cblr-3009	110	4	presents	present	VERB
cblr-3009	110	5	a	a	DET
cblr-3009	110	6	tradeoff	tradeoff	NOUN
cblr-3009	110	7	to	to	ADP
cblr-3009	110	8	a	a	DET
cblr-3009	110	9	manufacturer	manufacturer	NOUN
cblr-3009	110	10	:	:	PUNCT
cblr-3009	110	11	it	it	PRON
cblr-3009	110	12	reduces	reduce	VERB
cblr-3009	110	13	the	the	DET
cblr-3009	110	14	inefficiencies	inefficiency	NOUN
cblr-3009	110	15	of	of	ADP
cblr-3009	110	16	free	free	ADJ
cblr-3009	110	17	-	-	PUNCT
cblr-3009	110	18	riding	riding	NOUN
cblr-3009	110	19	among	among	ADP
cblr-3009	110	20	distributors	distributor	NOUN
cblr-3009	110	21	,	,	PUNCT
cblr-3009	110	22	but	but	CCONJ
cblr-3009	110	23	also	also	ADV
cblr-3009	110	24	reduces	reduce	VERB
cblr-3009	110	25	the	the	DET
cblr-3009	110	26	competition	competition	NOUN
cblr-3009	110	27	among	among	ADP
cblr-3009	110	28	them	they	PRON
cblr-3009	110	29	.	.	PUNCT
cblr-3009	111	1	in	in	ADP
cblr-3009	111	2	addition	addition	NOUN
cblr-3009	111	3	,	,	PUNCT
cblr-3009	111	4	some	some	DET
cblr-3009	111	5	potential	potential	ADJ
cblr-3009	111	6	customers	customer	NOUN
cblr-3009	111	7	of	of	ADP
cblr-3009	111	8	a	a	DET
cblr-3009	111	9	discounter	discounter	NOUN
cblr-3009	111	10	may	may	AUX
cblr-3009	111	11	be	be	AUX
cblr-3009	111	12	forced	force	VERB
cblr-3009	111	13	to	to	PART
cblr-3009	111	14	pay	pay	VERB
cblr-3009	111	15	higher	high	ADJ
cblr-3009	111	16	prices	price	NOUN
cblr-3009	111	17	even	even	ADV
cblr-3009	111	18	though	though	SCONJ
cblr-3009	111	19	they	they	PRON
cblr-3009	111	20	may	may	AUX
cblr-3009	111	21	not	not	PART
cblr-3009	111	22	need	need	VERB
cblr-3009	111	23	costly	costly	ADJ
cblr-3009	111	24	selling	selling	NOUN
cblr-3009	111	25	services	service	NOUN
cblr-3009	111	26	.	.	PUNCT
cblr-3009	112	1	c.	c.	NOUN
cblr-3009	112	2	network	network	NOUN
cblr-3009	112	3	externalities	externality	NOUN
cblr-3009	112	4	in	in	ADP
cblr-3009	112	5	a	a	DET
cblr-3009	112	6	typical	typical	ADJ
cblr-3009	112	7	market	market	NOUN
cblr-3009	112	8	that	that	PRON
cblr-3009	112	9	is	be	AUX
cblr-3009	112	10	not	not	PART
cblr-3009	112	11	characterized	characterize	VERB
cblr-3009	112	12	by	by	ADP
cblr-3009	112	13	externalities	externality	NOUN
cblr-3009	112	14	,	,	PUNCT
cblr-3009	112	15	an	an	DET
cblr-3009	112	16	individual	individual	NOUN
cblr-3009	112	17	's	's	PART
cblr-3009	112	18	demand	demand	NOUN
cblr-3009	112	19	can	can	AUX
cblr-3009	112	20	be	be	AUX
cblr-3009	112	21	described	describe	VERB
cblr-3009	112	22	by	by	ADP
cblr-3009	112	23	:	:	PUNCT
cblr-3009	112	24	q.	q.	PROPN
cblr-3009	112	25	=	=	SYM
cblr-3009	112	26	f	f	PROPN
cblr-3009	112	27	(	(	PUNCT
cblr-3009	112	28	p	p	X
cblr-3009	112	29	,	,	PUNCT
cblr-3009	112	30	z	z	NOUN
cblr-3009	112	31	)	)	PUNCT
cblr-3009	112	32	.	.	PUNCT
cblr-3009	113	1	the	the	DET
cblr-3009	113	2	quantity	quantity	NOUN
cblr-3009	113	3	,	,	PUNCT
cblr-3009	113	4	q	q	ADJ
cblr-3009	113	5	,	,	PUNCT
cblr-3009	113	6	,	,	PUNCT
cblr-3009	113	7	that	that	SCONJ
cblr-3009	113	8	an	an	DET
cblr-3009	113	9	individual	individual	ADJ
cblr-3009	113	10	demands	demand	NOUN
cblr-3009	113	11	depends	depend	VERB
cblr-3009	113	12	on	on	ADP
cblr-3009	113	13	the	the	DET
cblr-3009	113	14	price	price	NOUN
cblr-3009	113	15	,	,	PUNCT
cblr-3009	113	16	p	p	X
cblr-3009	113	17	,	,	PUNCT
cblr-3009	113	18	and	and	CCONJ
cblr-3009	113	19	other	other	ADJ
cblr-3009	113	20	factors	factor	NOUN
cblr-3009	113	21	,	,	PUNCT
cblr-3009	113	22	z	z	X
cblr-3009	113	23	,	,	PUNCT
cblr-3009	113	24	such	such	ADJ
cblr-3009	113	25	as	as	ADP
cblr-3009	113	26	income	income	NOUN
cblr-3009	113	27	and	and	CCONJ
cblr-3009	113	28	other	other	ADJ
cblr-3009	113	29	prices	price	NOUN
cblr-3009	113	30	(	(	PUNCT
cblr-3009	113	31	we	we	PRON
cblr-3009	113	32	henceforth	henceforth	ADV
cblr-3009	113	33	suppress	suppress	VERB
cblr-3009	113	34	z	z	PROPN
cblr-3009	113	35	)	)	PUNCT
cblr-3009	113	36	.	.	PUNCT
cblr-3009	114	1	a	a	DET
cblr-3009	114	2	direct	direct	ADJ
cblr-3009	114	3	"	"	PUNCT
cblr-3009	114	4	network	network	NOUN
cblr-3009	114	5	externality	externality	NOUN
cblr-3009	114	6	"	"	PUNCT
cblr-3009	114	7	exists	exist	VERB
cblr-3009	114	8	when	when	SCONJ
cblr-3009	114	9	the	the	DET
cblr-3009	114	10	consumption	consumption	NOUN
cblr-3009	114	11	benefit	benefit	NOUN
cblr-3009	114	12	to	to	ADP
cblr-3009	114	13	one	one	NUM
cblr-3009	114	14	consumer	consumer	NOUN
cblr-3009	114	15	depends	depend	VERB
cblr-3009	114	16	not	not	PART
cblr-3009	114	17	only	only	ADV
cblr-3009	114	18	on	on	ADP
cblr-3009	114	19	the	the	DET
cblr-3009	114	20	price	price	NOUN
cblr-3009	114	21	,	,	PUNCT
cblr-3009	114	22	but	but	CCONJ
cblr-3009	114	23	also	also	ADV
cblr-3009	114	24	directly	directly	ADV
cblr-3009	114	25	on	on	ADP
cblr-3009	114	26	the	the	DET
cblr-3009	114	27	number	number	NOUN
cblr-3009	114	28	of	of	ADP
cblr-3009	114	29	other	other	ADJ
cblr-3009	114	30	consumers	consumer	NOUN
cblr-3009	114	31	who	who	PRON
cblr-3009	114	32	consume	consume	VERB
cblr-3009	114	33	the	the	DET
cblr-3009	114	34	good	good	NOUN
cblr-3009	114	35	.	.	PUNCT
cblr-3009	115	1	hence	hence	ADV
cblr-3009	115	2	,	,	PUNCT
cblr-3009	115	3	qi	qi	PROPN
cblr-3009	115	4	=	=	SYM
cblr-3009	115	5	f	f	PROPN
cblr-3009	115	6	(	(	PUNCT
cblr-3009	115	7	p	p	X
cblr-3009	115	8	,	,	PUNCT
cblr-3009	115	9	q	q	NOUN
cblr-3009	115	10	)	)	PUNCT
cblr-3009	115	11	,	,	PUNCT
cblr-3009	115	12	where	where	SCONJ
cblr-3009	115	13	q	q	NOUN
cblr-3009	115	14	is	be	AUX
cblr-3009	115	15	total	total	ADJ
cblr-3009	115	16	consumption	consumption	NOUN
cblr-3009	115	17	.	.	PUNCT
cblr-3009	116	1	col	col	PROPN
cblr-3009	116	2	umbia	umbia	PROPN
cblr-3009	116	3	b	b	PROPN
cblr-3009	116	4	usiness	usiness	PROPN
cblr-3009	116	5	la	la	PROPN
cblr-3009	116	6	w	w	PROPN
cblr-3009	116	7	re	re	PROPN
cblr-3009	116	8	vie	vie	PROPN
cblr-3009	116	9	w	w	PROPN
cblr-3009	117	1	[	[	X
cblr-3009	117	2	vol	vol	NOUN
cblr-3009	117	3	.	.	PUNCT
cblr-3009	117	4	2005	2005	NUM
cblr-3009	117	5	transaction	transaction	NOUN
cblr-3009	117	6	costs	cost	NOUN
cblr-3009	117	7	and	and	CCONJ
cblr-3009	117	8	externalities	externalitie	VERB
cblr-3009	117	9	common	common	ADJ
cblr-3009	117	10	examples	example	NOUN
cblr-3009	117	11	of	of	ADP
cblr-3009	117	12	markets	market	NOUN
cblr-3009	117	13	that	that	PRON
cblr-3009	117	14	are	be	AUX
cblr-3009	117	15	characterized	characterize	VERB
cblr-3009	117	16	by	by	ADP
cblr-3009	117	17	network	network	NOUN
cblr-3009	117	18	externalities	externality	NOUN
cblr-3009	117	19	include	include	VERB
cblr-3009	117	20	telephone	telephone	NOUN
cblr-3009	117	21	services	service	NOUN
cblr-3009	117	22	,	,	PUNCT
cblr-3009	117	23	fax	fax	NOUN
cblr-3009	117	24	machines	machine	NOUN
cblr-3009	117	25	,	,	PUNCT
cblr-3009	117	26	and	and	CCONJ
cblr-3009	117	27	email	email	NOUN
cblr-3009	117	28	.	.	PUNCT
cblr-3009	118	1	for	for	ADP
cblr-3009	118	2	example	example	NOUN
cblr-3009	118	3	,	,	PUNCT
cblr-3009	118	4	an	an	DET
cblr-3009	118	5	individual	individual	NOUN
cblr-3009	118	6	's	's	PART
cblr-3009	118	7	demand	demand	NOUN
cblr-3009	118	8	for	for	ADP
cblr-3009	118	9	telephone	telephone	NOUN
cblr-3009	118	10	service	service	NOUN
cblr-3009	118	11	depends	depend	VERB
cblr-3009	118	12	on	on	ADP
cblr-3009	118	13	how	how	SCONJ
cblr-3009	118	14	many	many	ADJ
cblr-3009	118	15	others	other	NOUN
cblr-3009	118	16	have	have	AUX
cblr-3009	118	17	a	a	DET
cblr-3009	118	18	phone	phone	NOUN
cblr-3009	118	19	.	.	PUNCT
cblr-3009	119	1	the	the	DET
cblr-3009	119	2	presence	presence	NOUN
cblr-3009	119	3	of	of	ADP
cblr-3009	119	4	a	a	DET
cblr-3009	119	5	network	network	NOUN
cblr-3009	119	6	externality	externality	NOUN
cblr-3009	119	7	in	in	ADP
cblr-3009	119	8	a	a	DET
cblr-3009	119	9	competitive	competitive	ADJ
cblr-3009	119	10	industry	industry	NOUN
cblr-3009	119	11	might	might	AUX
cblr-3009	119	12	suggest	suggest	VERB
cblr-3009	119	13	that	that	SCONJ
cblr-3009	119	14	a	a	DET
cblr-3009	119	15	subsidy	subsidy	NOUN
cblr-3009	119	16	or	or	CCONJ
cblr-3009	119	17	added	add	VERB
cblr-3009	119	18	incentive	incentive	NOUN
cblr-3009	119	19	is	be	AUX
cblr-3009	119	20	appropriate	appropriate	ADJ
cblr-3009	119	21	.	.	PUNCT
cblr-3009	120	1	early	early	ADJ
cblr-3009	120	2	adopters	adopter	NOUN
cblr-3009	120	3	perhaps	perhaps	ADV
cblr-3009	120	4	should	should	AUX
cblr-3009	120	5	be	be	AUX
cblr-3009	120	6	subsidized	subsidize	VERB
cblr-3009	120	7	because	because	SCONJ
cblr-3009	120	8	their	their	PRON
cblr-3009	120	9	decision	decision	NOUN
cblr-3009	120	10	to	to	PART
cblr-3009	120	11	participate	participate	VERB
cblr-3009	120	12	could	could	AUX
cblr-3009	120	13	significantly	significantly	ADV
cblr-3009	120	14	increase	increase	VERB
cblr-3009	120	15	the	the	DET
cblr-3009	120	16	value	value	NOUN
cblr-3009	120	17	of	of	ADP
cblr-3009	120	18	participating	participate	VERB
cblr-3009	120	19	to	to	ADP
cblr-3009	120	20	others	other	NOUN
cblr-3009	120	21	.	.	PUNCT
cblr-3009	121	1	no	no	DET
cblr-3009	121	2	one	one	NUM
cblr-3009	121	3	supplier	supplier	NOUN
cblr-3009	121	4	can	can	AUX
cblr-3009	121	5	take	take	VERB
cblr-3009	121	6	into	into	ADP
cblr-3009	121	7	account	account	NOUN
cblr-3009	121	8	the	the	DET
cblr-3009	121	9	snowball	snowball	ADJ
cblr-3009	121	10	effect	effect	NOUN
cblr-3009	121	11	that	that	SCONJ
cblr-3009	121	12	early	early	ADJ
cblr-3009	121	13	adopters	adopter	NOUN
cblr-3009	121	14	might	might	AUX
cblr-3009	121	15	have	have	VERB
cblr-3009	121	16	on	on	ADP
cblr-3009	121	17	the	the	DET
cblr-3009	121	18	growth	growth	NOUN
cblr-3009	121	19	of	of	ADP
cblr-3009	121	20	the	the	DET
cblr-3009	121	21	industry	industry	NOUN
cblr-3009	121	22	.	.	PUNCT
cblr-3009	122	1	in	in	ADP
cblr-3009	122	2	the	the	DET
cblr-3009	122	3	extreme	extreme	ADJ
cblr-3009	122	4	case	case	NOUN
cblr-3009	122	5	,	,	PUNCT
cblr-3009	122	6	there	there	PRON
cblr-3009	122	7	may	may	AUX
cblr-3009	122	8	be	be	AUX
cblr-3009	122	9	a	a	DET
cblr-3009	122	10	"	"	PUNCT
cblr-3009	122	11	chicken	chicken	NOUN
cblr-3009	122	12	and	and	CCONJ
cblr-3009	122	13	egg	egg	NOUN
cblr-3009	122	14	"	"	PUNCT
cblr-3009	122	15	problem	problem	NOUN
cblr-3009	122	16	in	in	ADP
cblr-3009	122	17	which	which	PRON
cblr-3009	122	18	no	no	DET
cblr-3009	122	19	one	one	NOUN
cblr-3009	122	20	makes	make	VERB
cblr-3009	122	21	the	the	DET
cblr-3009	122	22	initial	initial	ADJ
cblr-3009	122	23	investments	investment	NOUN
cblr-3009	122	24	necessary	necessary	ADJ
cblr-3009	122	25	to	to	PART
cblr-3009	122	26	induce	induce	VERB
cblr-3009	122	27	everyone	everyone	PRON
cblr-3009	122	28	else	else	ADV
cblr-3009	122	29	to	to	PART
cblr-3009	122	30	join	join	VERB
cblr-3009	122	31	the	the	DET
cblr-3009	122	32	network	network	NOUN
cblr-3009	122	33	,	,	PUNCT
cblr-3009	122	34	and	and	CCONJ
cblr-3009	122	35	the	the	DET
cblr-3009	122	36	technology	technology	NOUN
cblr-3009	122	37	remains	remain	VERB
cblr-3009	122	38	unexploited	unexploited	ADJ
cblr-3009	122	39	.	.	PUNCT
cblr-3009	123	1	many	many	ADJ
cblr-3009	123	2	products	product	NOUN
cblr-3009	123	3	that	that	PRON
cblr-3009	123	4	arguably	arguably	ADV
cblr-3009	123	5	exhibit	exhibit	VERB
cblr-3009	123	6	network	network	NOUN
cblr-3009	123	7	effects	effect	NOUN
cblr-3009	123	8	,	,	PUNCT
cblr-3009	123	9	however	however	ADV
cblr-3009	123	10	,	,	PUNCT
cblr-3009	123	11	are	be	AUX
cblr-3009	123	12	adopted	adopt	VERB
cblr-3009	123	13	successfully	successfully	ADV
cblr-3009	123	14	without	without	ADP
cblr-3009	123	15	any	any	DET
cblr-3009	123	16	subsidy.13	subsidy.13	NOUN
cblr-3009	123	17	often	often	ADV
cblr-3009	123	18	,	,	PUNCT
cblr-3009	123	19	some	some	DET
cblr-3009	123	20	firms	firm	NOUN
cblr-3009	123	21	choose	choose	VERB
cblr-3009	123	22	to	to	PART
cblr-3009	123	23	invest	invest	VERB
cblr-3009	123	24	more	more	ADV
cblr-3009	123	25	heavily	heavily	ADV
cblr-3009	123	26	than	than	ADP
cblr-3009	123	27	others	other	NOUN
cblr-3009	123	28	in	in	ADP
cblr-3009	123	29	the	the	DET
cblr-3009	123	30	early	early	ADJ
cblr-3009	123	31	stages	stage	NOUN
cblr-3009	123	32	of	of	ADP
cblr-3009	123	33	development	development	NOUN
cblr-3009	123	34	because	because	SCONJ
cblr-3009	123	35	they	they	PRON
cblr-3009	123	36	hope	hope	VERB
cblr-3009	123	37	to	to	PART
cblr-3009	123	38	achieve	achieve	VERB
cblr-3009	123	39	widespread	widespread	ADJ
cblr-3009	123	40	product	product	NOUN
cblr-3009	123	41	adoption	adoption	NOUN
cblr-3009	123	42	and	and	CCONJ
cblr-3009	123	43	to	to	PART
cblr-3009	123	44	realize	realize	VERB
cblr-3009	123	45	a	a	DET
cblr-3009	123	46	significant	significant	ADJ
cblr-3009	123	47	share	share	NOUN
cblr-3009	123	48	in	in	ADP
cblr-3009	123	49	the	the	DET
cblr-3009	123	50	resulting	result	VERB
cblr-3009	123	51	market	market	NOUN
cblr-3009	123	52	.	.	PUNCT
cblr-3009	124	1	users	user	NOUN
cblr-3009	124	2	can	can	AUX
cblr-3009	124	3	often	often	ADV
cblr-3009	124	4	internalize	internalize	VERB
cblr-3009	124	5	some	some	PRON
cblr-3009	124	6	of	of	ADP
cblr-3009	124	7	the	the	DET
cblr-3009	124	8	benefits	benefit	NOUN
cblr-3009	124	9	others	other	NOUN
cblr-3009	124	10	receive	receive	VERB
cblr-3009	124	11	;	;	PUNCT
cblr-3009	124	12	a	a	DET
cblr-3009	124	13	business	business	NOUN
cblr-3009	124	14	installing	instal	VERB
cblr-3009	124	15	a	a	DET
cblr-3009	124	16	fax	fax	NOUN
cblr-3009	124	17	machine	machine	NOUN
cblr-3009	124	18	,	,	PUNCT
cblr-3009	124	19	for	for	ADP
cblr-3009	124	20	example	example	NOUN
cblr-3009	124	21	,	,	PUNCT
cblr-3009	124	22	will	will	AUX
cblr-3009	124	23	benefit	benefit	VERB
cblr-3009	124	24	as	as	ADP
cblr-3009	124	25	its	its	PRON
cblr-3009	124	26	costs	cost	NOUN
cblr-3009	124	27	of	of	ADP
cblr-3009	124	28	conducting	conduct	VERB
cblr-3009	124	29	business	business	NOUN
cblr-3009	124	30	decline	decline	NOUN
cblr-3009	124	31	.	.	PUNCT
cblr-3009	125	1	it	it	PRON
cblr-3009	125	2	is	be	AUX
cblr-3009	125	3	uncertain	uncertain	ADJ
cblr-3009	125	4	how	how	SCONJ
cblr-3009	125	5	many	many	ADJ
cblr-3009	125	6	industries	industry	NOUN
cblr-3009	125	7	have	have	VERB
cblr-3009	125	8	significant	significant	ADJ
cblr-3009	125	9	network	network	NOUN
cblr-3009	125	10	externalities	externality	NOUN
cblr-3009	125	11	that	that	PRON
cblr-3009	125	12	persist	persist	VERB
cblr-3009	125	13	for	for	ADP
cblr-3009	125	14	long	long	ADJ
cblr-3009	125	15	periods	period	NOUN
cblr-3009	125	16	of	of	ADP
cblr-3009	125	17	time.14	time.14	PRON
cblr-3009	125	18	many	many	ADJ
cblr-3009	125	19	network	network	NOUN
cblr-3009	125	20	products	product	NOUN
cblr-3009	125	21	or	or	CCONJ
cblr-3009	125	22	services	service	NOUN
cblr-3009	125	23	are	be	AUX
cblr-3009	125	24	adopted	adopt	VERB
cblr-3009	125	25	quite	quite	ADV
cblr-3009	125	26	rapidly	rapidly	ADV
cblr-3009	125	27	by	by	ADP
cblr-3009	125	28	large	large	ADJ
cblr-3009	125	29	segments	segment	NOUN
cblr-3009	125	30	of	of	ADP
cblr-3009	125	31	consumers	consumer	NOUN
cblr-3009	125	32	.	.	PUNCT
cblr-3009	125	33	"	"	PUNCT
cblr-3009	126	1	still	still	ADV
cblr-3009	126	2	other	other	ADJ
cblr-3009	126	3	products	product	NOUN
cblr-3009	126	4	are	be	AUX
cblr-3009	126	5	adopted	adopt	VERB
cblr-3009	126	6	after	after	ADP
cblr-3009	126	7	a	a	DET
cblr-3009	126	8	more	more	ADV
cblr-3009	126	9	prolonged	prolonged	ADJ
cblr-3009	126	10	startup	startup	NOUN
cblr-3009	126	11	phase	phase	NOUN
cblr-3009	126	12	,	,	PUNCT
cblr-3009	126	13	and	and	CCONJ
cblr-3009	126	14	some	some	DET
cblr-3009	126	15	product	product	NOUN
cblr-3009	126	16	markets	market	NOUN
cblr-3009	126	17	might	might	AUX
cblr-3009	126	18	never	never	ADV
cblr-3009	126	19	develop	develop	VERB
cblr-3009	126	20	at	at	ADV
cblr-3009	126	21	all	all	ADV
cblr-3009	126	22	.	.	PUNCT
cblr-3009	127	1	"	"	PUNCT
cblr-3009	127	2	s.j	s.j	PROPN
cblr-3009	127	3	.	.	PROPN
cblr-3009	127	4	liebowitz	liebowitz	PROPN
cblr-3009	127	5	&	&	CCONJ
cblr-3009	127	6	stephen	stephen	PROPN
cblr-3009	127	7	e.	e.	PROPN
cblr-3009	127	8	margolis	margolis	PROPN
cblr-3009	127	9	,	,	PUNCT
cblr-3009	127	10	network	network	NOUN
cblr-3009	127	11	externality	externality	NOUN
cblr-3009	127	12	:	:	PUNCT
cblr-3009	127	13	an	an	DET
cblr-3009	127	14	uncommon	uncommon	ADJ
cblr-3009	127	15	tragedy	tragedy	NOUN
cblr-3009	127	16	,	,	PUNCT
cblr-3009	127	17	8	8	NUM
cblr-3009	127	18	j.	j.	PROPN
cblr-3009	127	19	econ	econ	PROPN
cblr-3009	127	20	.	.	PUNCT
cblr-3009	128	1	persp	persp	PROPN
cblr-3009	128	2	.	.	PUNCT
cblr-3009	129	1	133	133	NUM
cblr-3009	129	2	,	,	PUNCT
cblr-3009	129	3	137	137	NUM
cblr-3009	129	4	-	-	SYM
cblr-3009	129	5	38	38	NUM
cblr-3009	129	6	(	(	PUNCT
cblr-3009	129	7	1994	1994	NUM
cblr-3009	129	8	)	)	PUNCT
cblr-3009	129	9	.	.	PUNCT
cblr-3009	130	1	'	'	PUNCT
cblr-3009	130	2	"	"	PUNCT
cblr-3009	130	3	see	see	VERB
cblr-3009	130	4	,	,	PUNCT
cblr-3009	130	5	e.g.	e.g.	ADV
cblr-3009	130	6	,	,	PUNCT
cblr-3009	130	7	allan	allan	PROPN
cblr-3009	130	8	shampine	shampine	PROPN
cblr-3009	130	9	,	,	PUNCT
cblr-3009	130	10	compensating	compensate	VERB
cblr-3009	130	11	for	for	ADP
cblr-3009	130	12	information	information	NOUN
cblr-3009	130	13	externalities	externality	NOUN
cblr-3009	130	14	in	in	ADP
cblr-3009	130	15	technology	technology	NOUN
cblr-3009	130	16	diffusion	diffusion	NOUN
cblr-3009	130	17	models	model	NOUN
cblr-3009	130	18	,	,	PUNCT
cblr-3009	130	19	80	80	NUM
cblr-3009	130	20	am	am	NOUN
cblr-3009	130	21	.	.	PUNCT
cblr-3009	131	1	j.	j.	PROPN
cblr-3009	131	2	agric	agric	PROPN
cblr-3009	131	3	.	.	PROPN
cblr-3009	131	4	econ	econ	PROPN
cblr-3009	131	5	.	.	PUNCT
cblr-3009	132	1	337	337	NUM
cblr-3009	132	2	(	(	PUNCT
cblr-3009	132	3	1998	1998	NUM
cblr-3009	132	4	)	)	PUNCT
cblr-3009	132	5	(	(	PUNCT
cblr-3009	132	6	showing	show	VERB
cblr-3009	132	7	limited	limited	ADJ
cblr-3009	132	8	opportunity	opportunity	NOUN
cblr-3009	132	9	for	for	ADP
cblr-3009	132	10	benefits	benefit	NOUN
cblr-3009	132	11	from	from	ADP
cblr-3009	132	12	a	a	DET
cblr-3009	132	13	social	social	ADJ
cblr-3009	132	14	planner	planner	NOUN
cblr-3009	132	15	's	's	PART
cblr-3009	132	16	attempt	attempt	NOUN
cblr-3009	132	17	to	to	PART
cblr-3009	132	18	compensate	compensate	VERB
cblr-3009	132	19	for	for	ADP
cblr-3009	132	20	information	information	NOUN
cblr-3009	132	21	externalities	externality	NOUN
cblr-3009	132	22	)	)	PUNCT
cblr-3009	132	23	.	.	PUNCT
cblr-3009	133	1	15	15	NUM
cblr-3009	133	2	for	for	ADP
cblr-3009	133	3	example	example	NOUN
cblr-3009	133	4	,	,	PUNCT
cblr-3009	133	5	consumers	consumer	NOUN
cblr-3009	133	6	adopted	adopt	VERB
cblr-3009	133	7	fax	fax	NOUN
cblr-3009	133	8	machines	machine	NOUN
cblr-3009	133	9	so	so	ADV
cblr-3009	133	10	rapidly	rapidly	ADV
cblr-3009	133	11	that	that	SCONJ
cblr-3009	133	12	some	some	DET
cblr-3009	133	13	early	early	ADJ
cblr-3009	133	14	business	business	NOUN
cblr-3009	133	15	ventures	venture	NOUN
cblr-3009	133	16	that	that	PRON
cblr-3009	133	17	sought	seek	VERB
cblr-3009	133	18	to	to	PART
cblr-3009	133	19	offer	offer	VERB
cblr-3009	133	20	fax	fax	NOUN
cblr-3009	133	21	services	service	NOUN
cblr-3009	133	22	to	to	ADP
cblr-3009	133	23	those	those	PRON
cblr-3009	133	24	that	that	PRON
cblr-3009	133	25	lacked	lack	VERB
cblr-3009	133	26	their	their	PRON
cblr-3009	133	27	own	own	ADJ
cblr-3009	133	28	machines	machine	NOUN
cblr-3009	133	29	quickly	quickly	ADV
cblr-3009	133	30	failed	fail	VERB
cblr-3009	133	31	.	.	PUNCT
cblr-3009	134	1	no	no	INTJ
cblr-3009	134	2	.	.	PUNCT
cblr-3009	135	1	3:617	3:617	NUM
cblr-3009	135	2	]	]	X
cblr-3009	135	3	d.	d.	PROPN
cblr-3009	135	4	indirect	indirect	ADJ
cblr-3009	135	5	network	network	NOUN
cblr-3009	135	6	effects	effect	NOUN
cblr-3009	135	7	and	and	CCONJ
cblr-3009	135	8	two	two	NUM
cblr-3009	135	9	-	-	PUNCT
cblr-3009	135	10	sided	side	VERB
cblr-3009	135	11	markets	market	NOUN
cblr-3009	135	12	an	an	DET
cblr-3009	135	13	indirect	indirect	ADJ
cblr-3009	135	14	network	network	NOUN
cblr-3009	135	15	effect	effect	NOUN
cblr-3009	135	16	exists	exist	VERB
cblr-3009	135	17	when	when	SCONJ
cblr-3009	135	18	one	one	NUM
cblr-3009	135	19	member	member	NOUN
cblr-3009	135	20	of	of	ADP
cblr-3009	135	21	a	a	DET
cblr-3009	135	22	group	group	NOUN
cblr-3009	135	23	(	(	PUNCT
cblr-3009	135	24	"	"	PUNCT
cblr-3009	135	25	group	group	NOUN
cblr-3009	135	26	a	a	PRON
cblr-3009	135	27	"	"	PUNCT
cblr-3009	135	28	)	)	PUNCT
cblr-3009	135	29	does	do	AUX
cblr-3009	135	30	not	not	PART
cblr-3009	135	31	directly	directly	ADV
cblr-3009	135	32	value	value	VERB
cblr-3009	135	33	the	the	DET
cblr-3009	135	34	other	other	ADJ
cblr-3009	135	35	members	member	NOUN
cblr-3009	135	36	of	of	ADP
cblr-3009	135	37	group	group	PROPN
cblr-3009	135	38	a	a	NOUN
cblr-3009	135	39	,	,	PUNCT
cblr-3009	135	40	but	but	CCONJ
cblr-3009	135	41	values	value	VERB
cblr-3009	135	42	them	they	PRON
cblr-3009	135	43	indirectly	indirectly	ADV
cblr-3009	135	44	because	because	SCONJ
cblr-3009	135	45	group	group	PROPN
cblr-3009	135	46	a	a	DET
cblr-3009	135	47	member	member	NOUN
cblr-3009	135	48	presence	presence	NOUN
cblr-3009	135	49	induces	induce	VERB
cblr-3009	135	50	additional	additional	ADJ
cblr-3009	135	51	participation	participation	NOUN
cblr-3009	135	52	by	by	ADP
cblr-3009	135	53	members	member	NOUN
cblr-3009	135	54	of	of	ADP
cblr-3009	135	55	a	a	DET
cblr-3009	135	56	highly	highly	ADV
cblr-3009	135	57	valued	value	VERB
cblr-3009	135	58	"	"	PUNCT
cblr-3009	135	59	group	group	NOUN
cblr-3009	135	60	b.	b.	PROPN
cblr-3009	135	61	"	"	PUNCT
cblr-3009	135	62	for	for	ADP
cblr-3009	135	63	example	example	NOUN
cblr-3009	135	64	,	,	PUNCT
cblr-3009	135	65	in	in	ADP
cblr-3009	135	66	the	the	DET
cblr-3009	135	67	context	context	NOUN
cblr-3009	135	68	of	of	ADP
cblr-3009	135	69	payment	payment	NOUN
cblr-3009	135	70	systems	system	NOUN
cblr-3009	135	71	,	,	PUNCT
cblr-3009	135	72	consumers	consumer	NOUN
cblr-3009	135	73	benefit	benefit	VERB
cblr-3009	135	74	when	when	SCONJ
cblr-3009	135	75	more	more	ADJ
cblr-3009	135	76	merchants	merchant	NOUN
cblr-3009	135	77	accept	accept	VERB
cblr-3009	135	78	the	the	DET
cblr-3009	135	79	credit	credit	NOUN
cblr-3009	135	80	card	card	NOUN
cblr-3009	135	81	brand	brand	NOUN
cblr-3009	135	82	that	that	PRON
cblr-3009	135	83	they	they	PRON
cblr-3009	135	84	carry	carry	VERB
cblr-3009	135	85	,	,	PUNCT
cblr-3009	135	86	and	and	CCONJ
cblr-3009	135	87	merchants	merchant	NOUN
cblr-3009	135	88	benefit	benefit	VERB
cblr-3009	135	89	when	when	SCONJ
cblr-3009	135	90	more	more	ADJ
cblr-3009	135	91	consumers	consumer	NOUN
cblr-3009	135	92	carry	carry	VERB
cblr-3009	135	93	the	the	DET
cblr-3009	135	94	card	card	NOUN
cblr-3009	135	95	that	that	PRON
cblr-3009	135	96	they	they	PRON
cblr-3009	135	97	accept	accept	VERB
cblr-3009	135	98	.	.	PUNCT
cblr-3009	136	1	as	as	SCONJ
cblr-3009	136	2	stated	state	VERB
cblr-3009	136	3	,	,	PUNCT
cblr-3009	136	4	however	however	ADV
cblr-3009	136	5	,	,	PUNCT
cblr-3009	136	6	this	this	DET
cblr-3009	136	7	indirect	indirect	ADJ
cblr-3009	136	8	"	"	PUNCT
cblr-3009	136	9	network	network	NOUN
cblr-3009	136	10	effect	effect	NOUN
cblr-3009	136	11	"	"	PUNCT
cblr-3009	136	12	may	may	AUX
cblr-3009	136	13	be	be	AUX
cblr-3009	136	14	true	true	ADJ
cblr-3009	136	15	of	of	ADP
cblr-3009	136	16	markets	market	NOUN
cblr-3009	136	17	throughout	throughout	ADP
cblr-3009	136	18	the	the	DET
cblr-3009	136	19	economy	economy	NOUN
cblr-3009	136	20	.	.	PUNCT
cblr-3009	137	1	for	for	ADP
cblr-3009	137	2	example	example	NOUN
cblr-3009	137	3	,	,	PUNCT
cblr-3009	137	4	a	a	DET
cblr-3009	137	5	consumer	consumer	NOUN
cblr-3009	137	6	of	of	ADP
cblr-3009	137	7	fresh	fresh	ADJ
cblr-3009	137	8	salmon	salmon	NOUN
cblr-3009	137	9	benefits	benefit	NOUN
cblr-3009	137	10	indirectly	indirectly	ADV
cblr-3009	137	11	from	from	ADP
cblr-3009	137	12	the	the	DET
cblr-3009	137	13	presence	presence	NOUN
cblr-3009	137	14	of	of	ADP
cblr-3009	137	15	other	other	ADJ
cblr-3009	137	16	salmon	salmon	NOUN
cblr-3009	137	17	eaters	eater	NOUN
cblr-3009	137	18	.	.	PUNCT
cblr-3009	138	1	by	by	ADP
cblr-3009	138	2	collectively	collectively	ADV
cblr-3009	138	3	providing	provide	VERB
cblr-3009	138	4	a	a	DET
cblr-3009	138	5	larger	large	ADJ
cblr-3009	138	6	incentive	incentive	NOUN
cblr-3009	138	7	for	for	SCONJ
cblr-3009	138	8	fishermen	fisherman	NOUN
cblr-3009	138	9	to	to	PART
cblr-3009	138	10	bring	bring	VERB
cblr-3009	138	11	salmon	salmon	NOUN
cblr-3009	138	12	to	to	ADP
cblr-3009	138	13	fish	fish	NOUN
cblr-3009	138	14	markets	market	NOUN
cblr-3009	138	15	,	,	PUNCT
cblr-3009	138	16	salmon	salmon	NOUN
cblr-3009	138	17	consumers	consumer	NOUN
cblr-3009	138	18	reap	reap	VERB
cblr-3009	138	19	the	the	DET
cblr-3009	138	20	gains	gain	NOUN
cblr-3009	138	21	from	from	ADP
cblr-3009	138	22	economies	economy	NOUN
cblr-3009	138	23	of	of	ADP
cblr-3009	138	24	scale	scale	NOUN
cblr-3009	138	25	.	.	PUNCT
cblr-3009	139	1	more	more	ADV
cblr-3009	139	2	generally	generally	ADV
cblr-3009	139	3	,	,	PUNCT
cblr-3009	139	4	consumers	consumer	NOUN
cblr-3009	139	5	often	often	ADV
cblr-3009	139	6	benefit	benefit	VERB
cblr-3009	139	7	when	when	SCONJ
cblr-3009	139	8	more	more	ADJ
cblr-3009	139	9	merchants	merchant	NOUN
cblr-3009	139	10	carry	carry	VERB
cblr-3009	139	11	the	the	DET
cblr-3009	139	12	products	product	NOUN
cblr-3009	139	13	they	they	PRON
cblr-3009	139	14	like	like	VERB
cblr-3009	139	15	,	,	PUNCT
cblr-3009	139	16	and	and	CCONJ
cblr-3009	139	17	merchants	merchant	NOUN
cblr-3009	139	18	often	often	ADV
cblr-3009	139	19	benefit	benefit	VERB
cblr-3009	139	20	when	when	SCONJ
cblr-3009	139	21	more	more	ADJ
cblr-3009	139	22	consumers	consumer	NOUN
cblr-3009	139	23	seek	seek	VERB
cblr-3009	139	24	the	the	DET
cblr-3009	139	25	products	product	NOUN
cblr-3009	139	26	they	they	PRON
cblr-3009	139	27	sell	sell	VERB
cblr-3009	139	28	.	.	PUNCT
cblr-3009	140	1	liebowitz	liebowitz	PROPN
cblr-3009	140	2	and	and	CCONJ
cblr-3009	140	3	margolis	margolis	PROPN
cblr-3009	140	4	have	have	AUX
cblr-3009	140	5	cautioned	caution	VERB
cblr-3009	140	6	that	that	SCONJ
cblr-3009	140	7	this	this	DET
cblr-3009	140	8	apparent	apparent	ADJ
cblr-3009	140	9	indirect	indirect	ADJ
cblr-3009	140	10	network	network	NOUN
cblr-3009	140	11	effect	effect	NOUN
cblr-3009	140	12	can	can	AUX
cblr-3009	140	13	be	be	AUX
cblr-3009	140	14	an	an	DET
cblr-3009	140	15	example	example	NOUN
cblr-3009	140	16	of	of	ADP
cblr-3009	140	17	a	a	PRON
cblr-3009	140	18	pecuniary	pecuniary	ADJ
cblr-3009	140	19	externality	externality	NOUN
cblr-3009	140	20	-	-	PUNCT
cblr-3009	140	21	i.e.	i.e.	X
cblr-3009	140	22	,	,	PUNCT
cblr-3009	140	23	one	one	NUM
cblr-3009	140	24	handled	handle	VERB
cblr-3009	140	25	efficiently	efficiently	ADV
cblr-3009	140	26	by	by	ADP
cblr-3009	140	27	decentralized	decentralized	ADJ
cblr-3009	140	28	,	,	PUNCT
cblr-3009	140	29	competitive	competitive	ADJ
cblr-3009	140	30	pricing	pricing	NOUN
cblr-3009	140	31	,	,	PUNCT
cblr-3009	140	32	rather	rather	ADV
cblr-3009	140	33	than	than	ADP
cblr-3009	140	34	one	one	NUM
cblr-3009	140	35	that	that	PRON
cblr-3009	140	36	results	result	VERB
cblr-3009	140	37	in	in	ADP
cblr-3009	140	38	market	market	NOUN
cblr-3009	140	39	failure	failure	NOUN
cblr-3009	140	40	,	,	PUNCT
cblr-3009	140	41	and	and	CCONJ
cblr-3009	140	42	correspondingly	correspondingly	ADV
cblr-3009	140	43	justifies	justify	VERB
cblr-3009	140	44	market	market	NOUN
cblr-3009	140	45	intervention	intervention	NOUN
cblr-3009	140	46	.	.	PUNCT
cblr-3009	140	47	"	"	PUNCT
cblr-3009	141	1	it	it	PRON
cblr-3009	141	2	is	be	AUX
cblr-3009	141	3	not	not	PART
cblr-3009	141	4	an	an	DET
cblr-3009	141	5	externality	externality	NOUN
cblr-3009	141	6	,	,	PUNCT
cblr-3009	141	7	for	for	ADP
cblr-3009	141	8	example	example	NOUN
cblr-3009	141	9	,	,	PUNCT
cblr-3009	141	10	when	when	SCONJ
cblr-3009	141	11	one	one	NUM
cblr-3009	141	12	consumer	consumer	NOUN
cblr-3009	141	13	's	's	PART
cblr-3009	141	14	purchases	purchase	NOUN
cblr-3009	141	15	drive	drive	VERB
cblr-3009	141	16	up	up	ADP
cblr-3009	141	17	the	the	DET
cblr-3009	141	18	price	price	NOUN
cblr-3009	141	19	that	that	PRON
cblr-3009	141	20	a	a	DET
cblr-3009	141	21	second	second	ADJ
cblr-3009	141	22	consumer	consumer	NOUN
cblr-3009	141	23	pays	pay	NOUN
cblr-3009	141	24	for	for	ADP
cblr-3009	141	25	a	a	DET
cblr-3009	141	26	given	give	VERB
cblr-3009	141	27	product	product	NOUN
cblr-3009	141	28	because	because	SCONJ
cblr-3009	141	29	the	the	DET
cblr-3009	141	30	resulting	result	VERB
cblr-3009	141	31	price	price	NOUN
cblr-3009	141	32	increase	increase	NOUN
cblr-3009	141	33	reflects	reflect	VERB
cblr-3009	141	34	the	the	DET
cblr-3009	141	35	true	true	ADJ
cblr-3009	141	36	cost	cost	NOUN
cblr-3009	141	37	and	and	CCONJ
cblr-3009	141	38	value	value	NOUN
cblr-3009	141	39	of	of	ADP
cblr-3009	141	40	the	the	DET
cblr-3009	141	41	units	unit	NOUN
cblr-3009	141	42	at	at	ADP
cblr-3009	141	43	the	the	DET
cblr-3009	141	44	margin	margin	NOUN
cblr-3009	141	45	.	.	PUNCT
cblr-3009	142	1	when	when	SCONJ
cblr-3009	142	2	product	product	NOUN
cblr-3009	142	3	a	a	PRON
cblr-3009	142	4	has	have	VERB
cblr-3009	142	5	a	a	DET
cblr-3009	142	6	complement	complement	NOUN
cblr-3009	142	7	product	product	NOUN
cblr-3009	142	8	b	b	NOUN
cblr-3009	142	9	in	in	ADP
cblr-3009	142	10	consumption	consumption	NOUN
cblr-3009	142	11	,	,	PUNCT
cblr-3009	142	12	demand	demand	NOUN
cblr-3009	142	13	for	for	ADP
cblr-3009	142	14	a	a	PRON
cblr-3009	142	15	depends	depend	VERB
cblr-3009	142	16	not	not	PART
cblr-3009	142	17	only	only	ADV
cblr-3009	142	18	on	on	ADP
cblr-3009	142	19	the	the	DET
cblr-3009	142	20	price	price	NOUN
cblr-3009	142	21	of	of	ADP
cblr-3009	142	22	a	a	PRON
cblr-3009	142	23	,	,	PUNCT
cblr-3009	142	24	but	but	CCONJ
cblr-3009	142	25	also	also	ADV
cblr-3009	142	26	on	on	ADP
cblr-3009	142	27	the	the	DET
cblr-3009	142	28	price	price	NOUN
cblr-3009	142	29	of	of	ADP
cblr-3009	142	30	b	b	NOUN
cblr-3009	142	31	,	,	PUNCT
cblr-3009	142	32	which	which	PRON
cblr-3009	142	33	may	may	AUX
cblr-3009	142	34	be	be	AUX
cblr-3009	142	35	a	a	DET
cblr-3009	142	36	function	function	NOUN
cblr-3009	142	37	of	of	ADP
cblr-3009	142	38	the	the	DET
cblr-3009	142	39	output	output	NOUN
cblr-3009	142	40	of	of	ADP
cblr-3009	142	41	b.	b.	PROPN
cblr-3009	142	42	if	if	SCONJ
cblr-3009	142	43	there	there	PRON
cblr-3009	142	44	are	be	VERB
cblr-3009	142	45	scale	scale	NOUN
cblr-3009	142	46	economies	economy	NOUN
cblr-3009	142	47	in	in	ADP
cblr-3009	142	48	the	the	DET
cblr-3009	142	49	production	production	NOUN
cblr-3009	142	50	of	of	ADP
cblr-3009	142	51	b	b	NOUN
cblr-3009	142	52	,	,	PUNCT
cblr-3009	142	53	then	then	ADV
cblr-3009	142	54	:	:	PUNCT
cblr-3009	142	55	qa	qa	PROPN
cblr-3009	142	56	=	=	SYM
cblr-3009	142	57	f	f	PROPN
cblr-3009	142	58	(	(	PUNCT
cblr-3009	142	59	pa	pa	PROPN
cblr-3009	142	60	,	,	PUNCT
cblr-3009	142	61	pb(qb	pb(qb	PROPN
cblr-3009	142	62	)	)	PUNCT
cblr-3009	142	63	)	)	PUNCT
cblr-3009	142	64	.	.	PUNCT
cblr-3009	143	1	16	16	NUM
cblr-3009	143	2	liebowitz	liebowitz	PROPN
cblr-3009	143	3	&	&	CCONJ
cblr-3009	143	4	margolis	margolis	PROPN
cblr-3009	143	5	,	,	PUNCT
cblr-3009	143	6	supra	supra	PROPN
cblr-3009	143	7	note	note	PROPN
cblr-3009	143	8	13	13	NUM
cblr-3009	143	9	,	,	PUNCT
cblr-3009	143	10	at	at	ADP
cblr-3009	143	11	136	136	NUM
cblr-3009	143	12	-	-	SYM
cblr-3009	143	13	39	39	NUM
cblr-3009	143	14	.	.	PUNCT
cblr-3009	144	1	col	col	PROPN
cblr-3009	144	2	umbia	umbia	PROPN
cblr-3009	144	3	b	b	PROPN
cblr-3009	144	4	usiness	usiness	PROPN
cblr-3009	144	5	la	la	PROPN
cblr-3009	144	6	w	w	PROPN
cblr-3009	144	7	re	re	PROPN
cblr-3009	144	8	vie	vie	PROPN
cblr-3009	144	9	w	w	PROPN
cblr-3009	145	1	[	[	X
cblr-3009	145	2	vol	vol	NOUN
cblr-3009	145	3	.	.	PUNCT
cblr-3009	145	4	2005	2005	NUM
cblr-3009	145	5	as	as	SCONJ
cblr-3009	145	6	explained	explain	VERB
cblr-3009	145	7	,	,	PUNCT
cblr-3009	145	8	products	product	NOUN
cblr-3009	145	9	with	with	ADP
cblr-3009	145	10	complements	complement	NOUN
cblr-3009	145	11	or	or	CCONJ
cblr-3009	145	12	substitutes	substitute	NOUN
cblr-3009	145	13	in	in	ADP
cblr-3009	145	14	consumption	consumption	NOUN
cblr-3009	145	15	generally	generally	ADV
cblr-3009	145	16	give	give	VERB
cblr-3009	145	17	rise	rise	NOUN
cblr-3009	145	18	to	to	ADP
cblr-3009	145	19	pecuniary	pecuniary	ADJ
cblr-3009	145	20	effects	effect	NOUN
cblr-3009	145	21	only	only	ADV
cblr-3009	145	22	,	,	PUNCT
cblr-3009	145	23	and	and	CCONJ
cblr-3009	145	24	ultimately	ultimately	ADV
cblr-3009	145	25	the	the	DET
cblr-3009	145	26	competitive	competitive	ADJ
cblr-3009	145	27	equilibrium	equilibrium	NOUN
cblr-3009	145	28	is	be	AUX
cblr-3009	145	29	efficient	efficient	ADJ
cblr-3009	145	30	.	.	PUNCT
cblr-3009	146	1	pricing	pricing	NOUN
cblr-3009	146	2	efficiency	efficiency	NOUN
cblr-3009	146	3	does	do	AUX
cblr-3009	146	4	not	not	PART
cblr-3009	146	5	demand	demand	VERB
cblr-3009	146	6	that	that	SCONJ
cblr-3009	146	7	a	a	DET
cblr-3009	146	8	subsidy	subsidy	NOUN
cblr-3009	146	9	be	be	AUX
cblr-3009	146	10	given	give	VERB
cblr-3009	146	11	to	to	ADP
cblr-3009	146	12	jelly	jelly	NOUN
cblr-3009	146	13	producers	producer	NOUN
cblr-3009	146	14	so	so	SCONJ
cblr-3009	146	15	that	that	SCONJ
cblr-3009	146	16	the	the	DET
cblr-3009	146	17	benefit	benefit	NOUN
cblr-3009	146	18	of	of	ADP
cblr-3009	146	19	lower	low	ADJ
cblr-3009	146	20	jelly	jelly	NOUN
cblr-3009	146	21	prices	price	NOUN
cblr-3009	146	22	is	be	AUX
cblr-3009	146	23	transferred	transfer	VERB
cblr-3009	146	24	to	to	ADP
cblr-3009	146	25	peanut	peanut	NOUN
cblr-3009	146	26	butter	butter	NOUN
cblr-3009	146	27	consumers	consumer	NOUN
cblr-3009	146	28	.	.	PUNCT
cblr-3009	147	1	suppose	suppose	VERB
cblr-3009	147	2	the	the	DET
cblr-3009	147	3	demand	demand	NOUN
cblr-3009	147	4	for	for	ADP
cblr-3009	147	5	a	a	PRON
cblr-3009	147	6	directly	directly	ADV
cblr-3009	147	7	depends	depend	VERB
cblr-3009	147	8	not	not	PART
cblr-3009	147	9	only	only	ADV
cblr-3009	147	10	on	on	ADP
cblr-3009	147	11	the	the	DET
cblr-3009	147	12	price	price	NOUN
cblr-3009	147	13	of	of	ADP
cblr-3009	147	14	a	a	PRON
cblr-3009	147	15	,	,	PUNCT
cblr-3009	147	16	but	but	CCONJ
cblr-3009	147	17	also	also	ADV
cblr-3009	147	18	on	on	ADP
cblr-3009	147	19	the	the	DET
cblr-3009	147	20	quantity	quantity	NOUN
cblr-3009	147	21	of	of	ADP
cblr-3009	147	22	b	b	NOUN
cblr-3009	147	23	:	:	PUNCT
cblr-3009	147	24	qa	qa	PROPN
cblr-3009	147	25	=	=	SYM
cblr-3009	147	26	f(pa	f(pa	PROPN
cblr-3009	147	27	,	,	PUNCT
cblr-3009	147	28	q	q	NOUN
cblr-3009	147	29	)	)	PUNCT
cblr-3009	147	30	(	(	PUNCT
cblr-3009	147	31	1	1	NUM
cblr-3009	147	32	)	)	PUNCT
cblr-3009	147	33	.	.	PUNCT
cblr-3009	148	1	as	as	ADP
cblr-3009	148	2	an	an	DET
cblr-3009	148	3	illustration	illustration	NOUN
cblr-3009	148	4	,	,	PUNCT
cblr-3009	148	5	the	the	DET
cblr-3009	148	6	demand	demand	NOUN
cblr-3009	148	7	for	for	ADP
cblr-3009	148	8	credit	credit	NOUN
cblr-3009	148	9	cards	card	NOUN
cblr-3009	148	10	may	may	AUX
cblr-3009	148	11	depend	depend	VERB
cblr-3009	148	12	both	both	PRON
cblr-3009	148	13	on	on	ADP
cblr-3009	148	14	their	their	PRON
cblr-3009	148	15	price	price	NOUN
cblr-3009	148	16	and	and	CCONJ
cblr-3009	148	17	the	the	DET
cblr-3009	148	18	number	number	NOUN
cblr-3009	148	19	of	of	ADP
cblr-3009	148	20	merchants	merchant	NOUN
cblr-3009	148	21	that	that	PRON
cblr-3009	148	22	accept	accept	VERB
cblr-3009	148	23	them	they	PRON
cblr-3009	148	24	.	.	PUNCT
cblr-3009	149	1	the	the	DET
cblr-3009	149	2	merchants	merchant	NOUN
cblr-3009	149	3	'	'	PART
cblr-3009	149	4	demand	demand	NOUN
cblr-3009	149	5	for	for	ADP
cblr-3009	149	6	card	card	NOUN
cblr-3009	149	7	acceptance	acceptance	NOUN
cblr-3009	149	8	services	service	NOUN
cblr-3009	149	9	may	may	AUX
cblr-3009	149	10	depend	depend	VERB
cblr-3009	149	11	on	on	ADP
cblr-3009	149	12	the	the	DET
cblr-3009	149	13	price	price	NOUN
cblr-3009	149	14	that	that	PRON
cblr-3009	149	15	they	they	PRON
cblr-3009	149	16	are	be	AUX
cblr-3009	149	17	charged	charge	VERB
cblr-3009	149	18	,	,	PUNCT
cblr-3009	149	19	and	and	CCONJ
cblr-3009	149	20	the	the	DET
cblr-3009	149	21	number	number	NOUN
cblr-3009	149	22	of	of	ADP
cblr-3009	149	23	consumers	consumer	NOUN
cblr-3009	149	24	who	who	PRON
cblr-3009	149	25	carry	carry	VERB
cblr-3009	149	26	the	the	DET
cblr-3009	149	27	card	card	NOUN
cblr-3009	149	28	,	,	PUNCT
cblr-3009	149	29	so	so	ADV
cblr-3009	149	30	:	:	PUNCT
cblr-3009	149	31	qb	qb	PROPN
cblr-3009	149	32	=	=	SYM
cblr-3009	149	33	f	f	PROPN
cblr-3009	149	34	(	(	PUNCT
cblr-3009	149	35	pb	pb	PROPN
cblr-3009	149	36	,	,	PUNCT
cblr-3009	149	37	qa	qa	PROPN
cblr-3009	149	38	)	)	PUNCT
cblr-3009	149	39	(	(	PUNCT
cblr-3009	149	40	2	2	NUM
cblr-3009	149	41	)	)	PUNCT
cblr-3009	149	42	.	.	PUNCT
cblr-3009	150	1	should	should	AUX
cblr-3009	150	2	we	we	PRON
cblr-3009	150	3	label	label	VERB
cblr-3009	150	4	this	this	DET
cblr-3009	150	5	market	market	NOUN
cblr-3009	150	6	"	"	PUNCT
cblr-3009	150	7	two	two	NUM
cblr-3009	150	8	-	-	PUNCT
cblr-3009	150	9	sided	sided	ADJ
cblr-3009	150	10	"	"	PUNCT
cblr-3009	150	11	because	because	SCONJ
cblr-3009	150	12	each	each	DET
cblr-3009	150	13	side	side	NOUN
cblr-3009	150	14	exerts	exert	VERB
cblr-3009	150	15	an	an	DET
cblr-3009	150	16	externality	externality	NOUN
cblr-3009	150	17	on	on	ADP
cblr-3009	150	18	the	the	DET
cblr-3009	150	19	other	other	ADJ
cblr-3009	150	20	?	?	PUNCT
cblr-3009	151	1	is	be	AUX
cblr-3009	151	2	it	it	PRON
cblr-3009	151	3	inevitable	inevitable	ADJ
cblr-3009	151	4	that	that	SCONJ
cblr-3009	151	5	one	one	NUM
cblr-3009	151	6	side	side	NOUN
cblr-3009	151	7	will	will	AUX
cblr-3009	151	8	require	require	VERB
cblr-3009	151	9	a	a	DET
cblr-3009	151	10	subsidy	subsidy	NOUN
cblr-3009	151	11	from	from	ADP
cblr-3009	151	12	the	the	DET
cblr-3009	151	13	other	other	ADJ
cblr-3009	151	14	to	to	PART
cblr-3009	151	15	achieve	achieve	VERB
cblr-3009	151	16	efficiency	efficiency	NOUN
cblr-3009	151	17	?	?	PUNCT
cblr-3009	152	1	economic	economic	ADJ
cblr-3009	152	2	literature	literature	NOUN
cblr-3009	152	3	provides	provide	VERB
cblr-3009	152	4	an	an	DET
cblr-3009	152	5	unclear	unclear	ADJ
cblr-3009	152	6	definition	definition	NOUN
cblr-3009	152	7	for	for	ADP
cblr-3009	152	8	a	a	DET
cblr-3009	152	9	"	"	PUNCT
cblr-3009	152	10	two	two	NUM
cblr-3009	152	11	-	-	PUNCT
cblr-3009	152	12	sided	sided	ADJ
cblr-3009	152	13	"	"	PUNCT
cblr-3009	152	14	market	market	NOUN
cblr-3009	152	15	.	.	PUNCT
cblr-3009	153	1	for	for	ADP
cblr-3009	153	2	example	example	NOUN
cblr-3009	153	3	,	,	PUNCT
cblr-3009	153	4	julian	julian	PROPN
cblr-3009	153	5	wright	wright	PROPN
cblr-3009	153	6	defines	define	VERB
cblr-3009	153	7	a	a	DET
cblr-3009	153	8	market	market	NOUN
cblr-3009	153	9	as	as	ADP
cblr-3009	153	10	two	two	NUM
cblr-3009	153	11	-	-	PUNCT
cblr-3009	153	12	sided	sided	ADJ
cblr-3009	153	13	if	if	SCONJ
cblr-3009	153	14	there	there	PRON
cblr-3009	153	15	are	be	VERB
cblr-3009	153	16	"	"	PUNCT
cblr-3009	153	17	two	two	NUM
cblr-3009	153	18	distinct	distinct	ADJ
cblr-3009	153	19	types	type	NOUN
cblr-3009	153	20	of	of	ADP
cblr-3009	153	21	users	user	NOUN
cblr-3009	153	22	,	,	PUNCT
cblr-3009	153	23	each	each	PRON
cblr-3009	153	24	of	of	ADP
cblr-3009	153	25	whom	whom	PRON
cblr-3009	153	26	obtains	obtain	VERB
cblr-3009	153	27	value	value	NOUN
cblr-3009	153	28	from	from	ADP
cblr-3009	153	29	interacting	interact	VERB
cblr-3009	153	30	with	with	ADP
cblr-3009	153	31	users	user	NOUN
cblr-3009	153	32	of	of	ADP
cblr-3009	153	33	the	the	DET
cblr-3009	153	34	opposite	opposite	ADJ
cblr-3009	153	35	type	type	NOUN
cblr-3009	153	36	over	over	ADP
cblr-3009	153	37	a	a	DET
cblr-3009	153	38	common	common	ADJ
cblr-3009	153	39	platform	platform	NOUN
cblr-3009	153	40	.	.	PUNCT
cblr-3009	154	1	"17	"17	NOUN
cblr-3009	154	2	according	accord	VERB
cblr-3009	154	3	to	to	ADP
cblr-3009	154	4	this	this	DET
cblr-3009	154	5	definition	definition	NOUN
cblr-3009	154	6	,	,	PUNCT
cblr-3009	154	7	however	however	ADV
cblr-3009	154	8	,	,	PUNCT
cblr-3009	154	9	virtually	virtually	ADV
cblr-3009	154	10	every	every	DET
cblr-3009	154	11	market	market	NOUN
cblr-3009	154	12	qualifies	qualify	VERB
cblr-3009	154	13	as	as	ADP
cblr-3009	154	14	a	a	DET
cblr-3009	154	15	two	two	NUM
cblr-3009	154	16	-	-	PUNCT
cblr-3009	154	17	sided	side	VERB
cblr-3009	154	18	one	one	NUM
cblr-3009	154	19	-	-	PUNCT
cblr-3009	154	20	even	even	ADV
cblr-3009	154	21	fisherman	fisherman	NOUN
cblr-3009	154	22	and	and	CCONJ
cblr-3009	154	23	fish	fish	NOUN
cblr-3009	154	24	buyers	buyer	NOUN
cblr-3009	154	25	benefit	benefit	VERB
cblr-3009	154	26	from	from	ADP
cblr-3009	154	27	interacting	interact	VERB
cblr-3009	154	28	with	with	ADP
cblr-3009	154	29	one	one	NUM
cblr-3009	154	30	another	another	DET
cblr-3009	154	31	at	at	ADP
cblr-3009	154	32	the	the	DET
cblr-3009	154	33	fish	fish	NOUN
cblr-3009	154	34	market	market	NOUN
cblr-3009	154	35	,	,	PUNCT
cblr-3009	154	36	itself	itself	PRON
cblr-3009	154	37	a	a	DET
cblr-3009	154	38	"	"	PUNCT
cblr-3009	154	39	platform	platform	NOUN
cblr-3009	154	40	.	.	PUNCT
cblr-3009	154	41	"	"	PUNCT
cblr-3009	155	1	presumably	presumably	ADV
cblr-3009	155	2	,	,	PUNCT
cblr-3009	155	3	wright	wright	PROPN
cblr-3009	155	4	's	's	PART
cblr-3009	155	5	definition	definition	NOUN
cblr-3009	155	6	implies	imply	VERB
cblr-3009	155	7	that	that	SCONJ
cblr-3009	155	8	equations	equation	NOUN
cblr-3009	155	9	1	1	NUM
cblr-3009	155	10	and	and	CCONJ
cblr-3009	155	11	2	2	NUM
cblr-3009	155	12	above	above	ADV
cblr-3009	155	13	illustrate	illustrate	VERB
cblr-3009	155	14	a	a	DET
cblr-3009	155	15	two	two	NUM
cblr-3009	155	16	-	-	PUNCT
cblr-3009	155	17	way	way	NOUN
cblr-3009	155	18	externality	externality	NOUN
cblr-3009	155	19	.	.	PUNCT
cblr-3009	156	1	however	however	ADV
cblr-3009	156	2	,	,	PUNCT
cblr-3009	156	3	this	this	DET
cblr-3009	156	4	definition	definition	NOUN
cblr-3009	156	5	ignores	ignore	VERB
cblr-3009	156	6	coase	coase	PROPN
cblr-3009	156	7	's	's	PART
cblr-3009	156	8	insight	insight	NOUN
cblr-3009	156	9	that	that	SCONJ
cblr-3009	156	10	,	,	PUNCT
cblr-3009	156	11	absent	absent	ADJ
cblr-3009	156	12	transaction	transaction	NOUN
cblr-3009	156	13	costs	cost	NOUN
cblr-3009	156	14	,	,	PUNCT
cblr-3009	156	15	negotiations	negotiation	NOUN
cblr-3009	156	16	will	will	AUX
cblr-3009	156	17	eliminate	eliminate	VERB
cblr-3009	156	18	any	any	DET
cblr-3009	156	19	externality	externality	NOUN
cblr-3009	156	20	.	.	PUNCT
cblr-3009	157	1	"i	"i	PROPN
cblr-3009	157	2	rochet	rochet	PROPN
cblr-3009	157	3	and	and	CCONJ
cblr-3009	157	4	tirole	tirole	PROPN
cblr-3009	157	5	use	use	VERB
cblr-3009	157	6	coase	coase	PROPN
cblr-3009	157	7	's	's	PART
cblr-3009	157	8	principle	principle	NOUN
cblr-3009	157	9	to	to	PART
cblr-3009	157	10	restrict	restrict	VERB
cblr-3009	157	11	"	"	PUNCT
cblr-3009	157	12	two	two	NUM
cblr-3009	157	13	-	-	PUNCT
cblr-3009	157	14	sided	sided	ADJ
cblr-3009	157	15	"	"	PUNCT
cblr-3009	157	16	"	"	PUNCT
cblr-3009	157	17	,	,	PUNCT
cblr-3009	157	18	julian	julian	PROPN
cblr-3009	157	19	wright	wright	PROPN
cblr-3009	157	20	,	,	PUNCT
cblr-3009	157	21	one	one	NUM
cblr-3009	157	22	-	-	PUNCT
cblr-3009	157	23	sided	sided	ADJ
cblr-3009	157	24	logic	logic	NOUN
cblr-3009	157	25	in	in	ADP
cblr-3009	157	26	two	two	NUM
cblr-3009	157	27	-	-	PUNCT
cblr-3009	157	28	sided	sided	ADJ
cblr-3009	157	29	markets	market	NOUN
cblr-3009	157	30	,	,	PUNCT
cblr-3009	157	31	3	3	NUM
cblr-3009	157	32	rev	rev	X
cblr-3009	157	33	.	.	PROPN
cblr-3009	158	1	network	network	PROPN
cblr-3009	158	2	econ	econ	PROPN
cblr-3009	158	3	.	.	PROPN
cblr-3009	159	1	44	44	NUM
cblr-3009	159	2	,	,	PUNCT
cblr-3009	159	3	44	44	NUM
cblr-3009	159	4	(	(	PUNCT
cblr-3009	159	5	2004	2004	NUM
cblr-3009	159	6	)	)	PUNCT
cblr-3009	159	7	.	.	PUNCT
cblr-3009	160	1	"	"	PUNCT
cblr-3009	160	2	s	s	AUX
cblr-3009	160	3	see	see	VERB
cblr-3009	160	4	coase	coase	NOUN
cblr-3009	160	5	,	,	PUNCT
cblr-3009	160	6	supra	supra	PROPN
cblr-3009	160	7	note	note	NOUN
cblr-3009	160	8	9	9	NUM
cblr-3009	160	9	,	,	PUNCT
cblr-3009	160	10	at	at	ADP
cblr-3009	160	11	1	1	NUM
cblr-3009	160	12	-	-	SYM
cblr-3009	160	13	15	15	NUM
cblr-3009	160	14	.	.	PUNCT
cblr-3009	161	1	transaction	transaction	NOUN
cblr-3009	161	2	costs	cost	NOUN
cblr-3009	161	3	and	and	CCONJ
cblr-3009	161	4	externalitiesno	externalitiesno	NOUN
cblr-3009	161	5	.	.	PUNCT
cblr-3009	162	1	3:617	3:617	NUM
cblr-3009	162	2	]	]	X
cblr-3009	162	3	columbia	columbia	PROPN
cblr-3009	162	4	business	business	PROPN
cblr-3009	162	5	law	law	PROPN
cblr-3009	162	6	review	review	NOUN
cblr-3009	162	7	markets	market	NOUN
cblr-3009	162	8	to	to	ADP
cblr-3009	162	9	those	those	PRON
cblr-3009	162	10	in	in	ADP
cblr-3009	162	11	which	which	PRON
cblr-3009	162	12	there	there	PRON
cblr-3009	162	13	are	be	VERB
cblr-3009	162	14	externalities	externality	NOUN
cblr-3009	162	15	between	between	ADP
cblr-3009	162	16	markets	market	NOUN
cblr-3009	162	17	a	a	PRON
cblr-3009	162	18	and	and	CCONJ
cblr-3009	162	19	b	b	NOUN
cblr-3009	162	20	,	,	PUNCT
cblr-3009	162	21	as	as	ADP
cblr-3009	162	22	in	in	ADP
cblr-3009	162	23	equations	equation	NOUN
cblr-3009	162	24	1	1	NUM
cblr-3009	162	25	and	and	CCONJ
cblr-3009	162	26	2	2	NUM
cblr-3009	162	27	,	,	PUNCT
cblr-3009	162	28	and	and	CCONJ
cblr-3009	162	29	where	where	SCONJ
cblr-3009	162	30	transaction	transaction	NOUN
cblr-3009	162	31	costs	cost	NOUN
cblr-3009	162	32	are	be	AUX
cblr-3009	162	33	sufficiently	sufficiently	ADV
cblr-3009	162	34	high	high	ADJ
cblr-3009	162	35	to	to	PART
cblr-3009	162	36	prevent	prevent	VERB
cblr-3009	162	37	the	the	DET
cblr-3009	162	38	elimination	elimination	NOUN
cblr-3009	162	39	of	of	ADP
cblr-3009	162	40	the	the	DET
cblr-3009	162	41	externality	externality	NOUN
cblr-3009	162	42	between	between	ADP
cblr-3009	162	43	individual	individual	ADJ
cblr-3009	162	44	agents	agent	NOUN
cblr-3009	162	45	.	.	PUNCT
cblr-3009	163	1	1	1	NUM
cblr-3009	163	2	they	they	PRON
cblr-3009	163	3	further	far	ADV
cblr-3009	163	4	add	add	VERB
cblr-3009	163	5	the	the	DET
cblr-3009	163	6	condition	condition	NOUN
cblr-3009	163	7	that	that	SCONJ
cblr-3009	163	8	a	a	DET
cblr-3009	163	9	"	"	PUNCT
cblr-3009	163	10	two	two	NUM
cblr-3009	163	11	-	-	PUNCT
cblr-3009	163	12	sided	sided	ADJ
cblr-3009	163	13	"	"	PUNCT
cblr-3009	163	14	market	market	NOUN
cblr-3009	163	15	possess	possess	VERB
cblr-3009	163	16	the	the	DET
cblr-3009	163	17	property	property	NOUN
cblr-3009	163	18	that	that	PRON
cblr-3009	163	19	a	a	DET
cblr-3009	163	20	per	per	ADP
cblr-3009	163	21	unit	unit	NOUN
cblr-3009	163	22	fee	fee	NOUN
cblr-3009	163	23	(	(	PUNCT
cblr-3009	163	24	e.g.	e.g.	ADV
cblr-3009	163	25	,	,	PUNCT
cblr-3009	163	26	a	a	DET
cblr-3009	163	27	tax	tax	NOUN
cblr-3009	163	28	)	)	PUNCT
cblr-3009	163	29	imposed	impose	VERB
cblr-3009	163	30	on	on	ADP
cblr-3009	163	31	one	one	NUM
cblr-3009	163	32	side	side	NOUN
cblr-3009	163	33	of	of	ADP
cblr-3009	163	34	the	the	DET
cblr-3009	163	35	market	market	NOUN
cblr-3009	163	36	is	be	AUX
cblr-3009	163	37	not	not	PART
cblr-3009	163	38	neutral	neutral	ADJ
cblr-3009	163	39	-	-	PUNCT
cblr-3009	163	40	had	have	VERB
cblr-3009	163	41	the	the	DET
cblr-3009	163	42	same	same	ADJ
cblr-3009	163	43	fee	fee	NOUN
cblr-3009	163	44	been	be	AUX
cblr-3009	163	45	imposed	impose	VERB
cblr-3009	163	46	on	on	ADP
cblr-3009	163	47	the	the	DET
cblr-3009	163	48	other	other	ADJ
cblr-3009	163	49	side	side	NOUN
cblr-3009	163	50	of	of	ADP
cblr-3009	163	51	the	the	DET
cblr-3009	163	52	market	market	NOUN
cblr-3009	163	53	,	,	PUNCT
cblr-3009	163	54	the	the	DET
cblr-3009	163	55	resulting	result	VERB
cblr-3009	163	56	equilibrium	equilibrium	NOUN
cblr-3009	163	57	would	would	AUX
cblr-3009	163	58	change.2	change.2	VERB
cblr-3009	163	59	°	°	NOUN
cblr-3009	163	60	in	in	ADP
cblr-3009	163	61	the	the	DET
cblr-3009	163	62	context	context	NOUN
cblr-3009	163	63	of	of	ADP
cblr-3009	163	64	payment	payment	NOUN
cblr-3009	163	65	systems	system	NOUN
cblr-3009	163	66	,	,	PUNCT
cblr-3009	163	67	an	an	DET
cblr-3009	163	68	interchange	interchange	NOUN
cblr-3009	163	69	fee	fee	NOUN
cblr-3009	163	70	functions	function	NOUN
cblr-3009	163	71	much	much	ADJ
cblr-3009	163	72	like	like	ADP
cblr-3009	163	73	a	a	DET
cblr-3009	163	74	combined	combine	VERB
cblr-3009	163	75	tax	tax	NOUN
cblr-3009	163	76	and	and	CCONJ
cblr-3009	163	77	subsidy	subsidy	NOUN
cblr-3009	163	78	,	,	PUNCT
cblr-3009	163	79	with	with	ADP
cblr-3009	163	80	the	the	DET
cblr-3009	163	81	tax	tax	NOUN
cblr-3009	163	82	falling	fall	VERB
cblr-3009	163	83	on	on	ADP
cblr-3009	163	84	cash	cash	NOUN
cblr-3009	163	85	and	and	CCONJ
cblr-3009	163	86	card	card	NOUN
cblr-3009	163	87	customers	customer	NOUN
cblr-3009	163	88	alike	alike	ADV
cblr-3009	163	89	,	,	PUNCT
cblr-3009	163	90	and	and	CCONJ
cblr-3009	163	91	the	the	DET
cblr-3009	163	92	"	"	PUNCT
cblr-3009	163	93	tax	tax	NOUN
cblr-3009	163	94	revenue	revenue	NOUN
cblr-3009	163	95	"	"	PUNCT
cblr-3009	163	96	being	be	AUX
cblr-3009	163	97	used	use	VERB
cblr-3009	163	98	to	to	PART
cblr-3009	163	99	subsidize	subsidize	VERB
cblr-3009	163	100	card	card	NOUN
cblr-3009	163	101	issuers	issuer	NOUN
cblr-3009	163	102	and	and	CCONJ
cblr-3009	163	103	their	their	PRON
cblr-3009	163	104	cardholders	cardholder	NOUN
cblr-3009	163	105	.	.	PUNCT
cblr-3009	164	1	according	accord	VERB
cblr-3009	164	2	to	to	ADP
cblr-3009	164	3	rochet	rochet	NOUN
cblr-3009	164	4	and	and	CCONJ
cblr-3009	164	5	tirole	tirole	PROPN
cblr-3009	164	6	,	,	PUNCT
cblr-3009	164	7	the	the	DET
cblr-3009	164	8	market	market	NOUN
cblr-3009	164	9	must	must	AUX
cblr-3009	164	10	be	be	AUX
cblr-3009	164	11	two	two	NUM
cblr-3009	164	12	-	-	PUNCT
cblr-3009	164	13	sided	sided	ADJ
cblr-3009	164	14	for	for	SCONJ
cblr-3009	164	15	the	the	DET
cblr-3009	164	16	interchange	interchange	NOUN
cblr-3009	164	17	fee	fee	NOUN
cblr-3009	164	18	to	to	PART
cblr-3009	164	19	have	have	VERB
cblr-3009	164	20	an	an	DET
cblr-3009	164	21	effect.2	effect.2	PROPN
cblr-3009	164	22	thus	thus	ADV
cblr-3009	164	23	,	,	PUNCT
cblr-3009	164	24	if	if	SCONJ
cblr-3009	164	25	the	the	DET
cblr-3009	164	26	allocation	allocation	NOUN
cblr-3009	164	27	of	of	ADP
cblr-3009	164	28	costs	cost	NOUN
cblr-3009	164	29	between	between	ADP
cblr-3009	164	30	the	the	DET
cblr-3009	164	31	sides	side	NOUN
cblr-3009	164	32	of	of	ADP
cblr-3009	164	33	a	a	DET
cblr-3009	164	34	market	market	NOUN
cblr-3009	164	35	does	do	AUX
cblr-3009	164	36	not	not	PART
cblr-3009	164	37	affect	affect	VERB
cblr-3009	164	38	the	the	DET
cblr-3009	164	39	outcome	outcome	NOUN
cblr-3009	164	40	,	,	PUNCT
cblr-3009	164	41	then	then	ADV
cblr-3009	164	42	under	under	ADP
cblr-3009	164	43	the	the	DET
cblr-3009	164	44	rochet	rochet	NOUN
cblr-3009	164	45	and	and	CCONJ
cblr-3009	164	46	tirole	tirole	PROPN
cblr-3009	164	47	definition	definition	NOUN
cblr-3009	164	48	,	,	PUNCT
cblr-3009	164	49	the	the	DET
cblr-3009	164	50	market	market	NOUN
cblr-3009	164	51	is	be	AUX
cblr-3009	164	52	one	one	NUM
cblr-3009	164	53	-	-	PUNCT
cblr-3009	164	54	sided	sided	ADJ
cblr-3009	164	55	.	.	PUNCT
cblr-3009	165	1	for	for	ADP
cblr-3009	165	2	example	example	NOUN
cblr-3009	165	3	,	,	PUNCT
cblr-3009	165	4	assume	assume	VERB
cblr-3009	165	5	there	there	PRON
cblr-3009	165	6	is	be	VERB
cblr-3009	165	7	a	a	DET
cblr-3009	165	8	"	"	PUNCT
cblr-3009	165	9	platform	platform	NOUN
cblr-3009	165	10	"	"	PUNCT
cblr-3009	165	11	transaction	transaction	NOUN
cblr-3009	165	12	cost	cost	NOUN
cblr-3009	165	13	of	of	ADP
cblr-3009	165	14	$	$	SYM
cblr-3009	165	15	1	1	NUM
cblr-3009	165	16	per	per	ADP
cblr-3009	165	17	item	item	NOUN
cblr-3009	165	18	.	.	PUNCT
cblr-3009	166	1	in	in	ADP
cblr-3009	166	2	a	a	DET
cblr-3009	166	3	competitive	competitive	ADJ
cblr-3009	166	4	market	market	NOUN
cblr-3009	166	5	with	with	ADP
cblr-3009	166	6	uniform	uniform	ADJ
cblr-3009	166	7	transaction	transaction	NOUN
cblr-3009	166	8	costs	cost	NOUN
cblr-3009	166	9	across	across	ADP
cblr-3009	166	10	consumers	consumer	NOUN
cblr-3009	166	11	and	and	CCONJ
cblr-3009	166	12	firms	firm	NOUN
cblr-3009	166	13	,	,	PUNCT
cblr-3009	166	14	it	it	PRON
cblr-3009	166	15	is	be	AUX
cblr-3009	166	16	immaterial	immaterial	ADJ
cblr-3009	166	17	whether	whether	SCONJ
cblr-3009	166	18	the	the	DET
cblr-3009	166	19	seller	seller	NOUN
cblr-3009	166	20	or	or	CCONJ
cblr-3009	166	21	the	the	DET
cblr-3009	166	22	buyer	buyer	NOUN
cblr-3009	166	23	pays	pay	VERB
cblr-3009	166	24	the	the	DET
cblr-3009	166	25	$	$	SYM
cblr-3009	166	26	1	1	NUM
cblr-3009	166	27	because	because	SCONJ
cblr-3009	166	28	the	the	DET
cblr-3009	166	29	product	product	NOUN
cblr-3009	166	30	price	price	NOUN
cblr-3009	166	31	will	will	AUX
cblr-3009	166	32	adjust	adjust	VERB
cblr-3009	166	33	such	such	ADJ
cblr-3009	166	34	that	that	SCONJ
cblr-3009	166	35	the	the	DET
cblr-3009	166	36	net	net	ADJ
cblr-3009	166	37	price	price	NOUN
cblr-3009	166	38	paid	pay	VERB
cblr-3009	166	39	by	by	ADP
cblr-3009	166	40	buyers	buyer	NOUN
cblr-3009	166	41	and	and	CCONJ
cblr-3009	166	42	the	the	DET
cblr-3009	166	43	net	net	ADJ
cblr-3009	166	44	amount	amount	NOUN
cblr-3009	166	45	received	receive	VERB
cblr-3009	166	46	by	by	ADP
cblr-3009	166	47	sellers	seller	NOUN
cblr-3009	166	48	will	will	AUX
cblr-3009	166	49	remain	remain	VERB
cblr-3009	166	50	constant	constant	ADJ
cblr-3009	166	51	.	.	PUNCT
cblr-3009	167	1	the	the	DET
cblr-3009	167	2	market	market	NOUN
cblr-3009	167	3	is	be	AUX
cblr-3009	167	4	said	say	VERB
cblr-3009	167	5	to	to	PART
cblr-3009	167	6	be	be	AUX
cblr-3009	167	7	"	"	PUNCT
cblr-3009	167	8	neutral	neutral	ADJ
cblr-3009	167	9	"	"	PUNCT
cblr-3009	167	10	with	with	ADP
cblr-3009	167	11	respect	respect	NOUN
cblr-3009	167	12	to	to	ADP
cblr-3009	167	13	the	the	DET
cblr-3009	167	14	allocation	allocation	NOUN
cblr-3009	167	15	of	of	ADP
cblr-3009	167	16	the	the	DET
cblr-3009	167	17	charge	charge	NOUN
cblr-3009	167	18	because	because	SCONJ
cblr-3009	167	19	the	the	DET
cblr-3009	167	20	two	two	NUM
cblr-3009	167	21	groups	group	NOUN
cblr-3009	167	22	of	of	ADP
cblr-3009	167	23	end	end	NOUN
cblr-3009	167	24	users	user	NOUN
cblr-3009	167	25	-	-	NOUN
cblr-3009	167	26	buyers	buyer	NOUN
cblr-3009	167	27	and	and	CCONJ
cblr-3009	167	28	sellers	seller	NOUN
cblr-3009	167	29	-	-	PUNCT
cblr-3009	167	30	interact	interact	NOUN
cblr-3009	167	31	with	with	ADP
cblr-3009	167	32	one	one	NUM
cblr-3009	167	33	another	another	DET
cblr-3009	167	34	through	through	ADP
cblr-3009	167	35	the	the	DET
cblr-3009	167	36	prices	price	NOUN
cblr-3009	167	37	of	of	ADP
cblr-3009	167	38	the	the	DET
cblr-3009	167	39	goods	good	NOUN
cblr-3009	167	40	or	or	CCONJ
cblr-3009	167	41	services	service	NOUN
cblr-3009	167	42	exchanged	exchange	VERB
cblr-3009	167	43	.	.	PUNCT
cblr-3009	168	1	economics	economic	NOUN
cblr-3009	168	2	literature	literature	PROPN
cblr-3009	168	3	explains	explain	VERB
cblr-3009	168	4	that	that	SCONJ
cblr-3009	168	5	businesses	business	NOUN
cblr-3009	168	6	may	may	AUX
cblr-3009	168	7	allocate	allocate	VERB
cblr-3009	168	8	the	the	DET
cblr-3009	168	9	costs	cost	NOUN
cblr-3009	168	10	of	of	ADP
cblr-3009	168	11	selling	sell	VERB
cblr-3009	168	12	goods	good	NOUN
cblr-3009	168	13	in	in	ADP
cblr-3009	168	14	a	a	DET
cblr-3009	168	15	two	two	NUM
cblr-3009	168	16	-	-	PUNCT
cblr-3009	168	17	sided	sided	ADJ
cblr-3009	168	18	market	market	NOUN
cblr-3009	168	19	in	in	ADP
cblr-3009	168	20	a	a	DET
cblr-3009	168	21	variety	variety	NOUN
cblr-3009	168	22	of	of	ADP
cblr-3009	168	23	ways	way	NOUN
cblr-3009	168	24	.	.	PUNCT
cblr-3009	169	1	22	22	NUM
cblr-3009	169	2	for	for	ADP
cblr-3009	169	3	example	example	NOUN
cblr-3009	169	4	,	,	PUNCT
cblr-3009	169	5	consider	consider	VERB
cblr-3009	169	6	microsoft	microsoft	PROPN
cblr-3009	169	7	's	's	PART
cblr-3009	169	8	sale	sale	NOUN
cblr-3009	169	9	of	of	ADP
cblr-3009	169	10	its	its	PRON
cblr-3009	169	11	operating	operating	NOUN
cblr-3009	169	12	system	system	NOUN
cblr-3009	169	13	for	for	ADP
cblr-3009	169	14	computers	computer	NOUN
cblr-3009	169	15	.	.	PUNCT
cblr-3009	170	1	the	the	DET
cblr-3009	170	2	usefulness	usefulness	NOUN
cblr-3009	170	3	of	of	ADP
cblr-3009	170	4	the	the	DET
cblr-3009	170	5	"	"	PUNCT
cblr-3009	170	6	s	s	X
cblr-3009	170	7	rochet	rochet	NOUN
cblr-3009	170	8	&	&	CCONJ
cblr-3009	170	9	tirole	tirole	PROPN
cblr-3009	170	10	,	,	PUNCT
cblr-3009	170	11	supra	supra	PROPN
cblr-3009	170	12	note	note	PROPN
cblr-3009	170	13	1	1	NUM
cblr-3009	170	14	,	,	PUNCT
cblr-3009	170	15	at	at	ADP
cblr-3009	170	16	9	9	NUM
cblr-3009	170	17	-	-	SYM
cblr-3009	170	18	16	16	NUM
cblr-3009	170	19	.	.	PUNCT
cblr-3009	171	1	20	20	NUM
cblr-3009	172	1	i	i	PRON
cblr-3009	172	2	d.	d.	PROPN
cblr-3009	172	3	21	21	NUM
cblr-3009	173	1	i	i	PRON
cblr-3009	173	2	d.	d.	PROPN
cblr-3009	173	3	22	22	NUM
cblr-3009	173	4	the	the	DET
cblr-3009	173	5	very	very	ADJ
cblr-3009	173	6	definition	definition	NOUN
cblr-3009	173	7	of	of	ADP
cblr-3009	173	8	a	a	DET
cblr-3009	173	9	two	two	NUM
cblr-3009	173	10	-	-	PUNCT
cblr-3009	173	11	sided	sided	ADJ
cblr-3009	173	12	market	market	NOUN
cblr-3009	173	13	,	,	PUNCT
cblr-3009	173	14	according	accord	VERB
cblr-3009	173	15	to	to	ADP
cblr-3009	173	16	rochet	rochet	NOUN
cblr-3009	173	17	and	and	CCONJ
cblr-3009	173	18	tirole	tirole	NOUN
cblr-3009	173	19	,	,	PUNCT
cblr-3009	173	20	is	be	AUX
cblr-3009	173	21	that	that	SCONJ
cblr-3009	173	22	changes	change	NOUN
cblr-3009	173	23	in	in	ADP
cblr-3009	173	24	the	the	DET
cblr-3009	173	25	allocation	allocation	NOUN
cblr-3009	173	26	of	of	ADP
cblr-3009	173	27	charges	charge	NOUN
cblr-3009	173	28	between	between	ADP
cblr-3009	173	29	the	the	DET
cblr-3009	173	30	two	two	NUM
cblr-3009	173	31	sides	side	NOUN
cblr-3009	173	32	are	be	AUX
cblr-3009	173	33	not	not	PART
cblr-3009	173	34	neutral	neutral	ADJ
cblr-3009	173	35	.	.	PUNCT
cblr-3009	174	1	i	i	PRON
cblr-3009	174	2	d.	d.	PROPN
cblr-3009	174	3	at	at	ADP
cblr-3009	174	4	2	2	NUM
cblr-3009	174	5	.	.	PUNCT
cblr-3009	175	1	[	[	X
cblr-3009	175	2	vol	vol	NOUN
cblr-3009	175	3	.	.	PUNCT
cblr-3009	175	4	2005	2005	NUM
cblr-3009	175	5	transaction	transaction	NOUN
cblr-3009	175	6	costs	cost	NOUN
cblr-3009	175	7	and	and	CCONJ
cblr-3009	175	8	externalities	externality	NOUN
cblr-3009	175	9	operating	operating	NOUN
cblr-3009	175	10	system	system	NOUN
cblr-3009	175	11	to	to	ADP
cblr-3009	175	12	consumers	consumer	NOUN
cblr-3009	175	13	depends	depend	VERB
cblr-3009	175	14	on	on	ADP
cblr-3009	175	15	the	the	DET
cblr-3009	175	16	number	number	NOUN
cblr-3009	175	17	of	of	ADP
cblr-3009	175	18	application	application	NOUN
cblr-3009	175	19	programs	program	NOUN
cblr-3009	175	20	that	that	PRON
cblr-3009	175	21	use	use	VERB
cblr-3009	175	22	the	the	DET
cblr-3009	175	23	operating	operating	NOUN
cblr-3009	175	24	system	system	NOUN
cblr-3009	175	25	,	,	PUNCT
cblr-3009	175	26	but	but	CCONJ
cblr-3009	175	27	the	the	DET
cblr-3009	175	28	demand	demand	NOUN
cblr-3009	175	29	for	for	ADP
cblr-3009	175	30	application	application	NOUN
cblr-3009	175	31	programs	program	NOUN
cblr-3009	175	32	depends	depend	VERB
cblr-3009	175	33	on	on	ADP
cblr-3009	175	34	the	the	DET
cblr-3009	175	35	number	number	NOUN
cblr-3009	175	36	of	of	ADP
cblr-3009	175	37	consumers	consumer	NOUN
cblr-3009	175	38	using	use	VERB
cblr-3009	175	39	the	the	DET
cblr-3009	175	40	operating	operating	NOUN
cblr-3009	175	41	system	system	NOUN
cblr-3009	175	42	.	.	PUNCT
cblr-3009	176	1	microsoft	microsoft	PROPN
cblr-3009	176	2	could	could	AUX
cblr-3009	176	3	collect	collect	VERB
cblr-3009	176	4	revenue	revenue	NOUN
cblr-3009	176	5	from	from	ADP
cblr-3009	176	6	the	the	DET
cblr-3009	176	7	sales	sale	NOUN
cblr-3009	176	8	of	of	ADP
cblr-3009	176	9	its	its	PRON
cblr-3009	176	10	operating	operating	NOUN
cblr-3009	176	11	system	system	NOUN
cblr-3009	176	12	,	,	PUNCT
cblr-3009	176	13	sales	sale	NOUN
cblr-3009	176	14	of	of	ADP
cblr-3009	176	15	its	its	PRON
cblr-3009	176	16	applications	application	NOUN
cblr-3009	176	17	programs	program	NOUN
cblr-3009	176	18	,	,	PUNCT
cblr-3009	176	19	or	or	CCONJ
cblr-3009	176	20	the	the	DET
cblr-3009	176	21	sales	sale	NOUN
cblr-3009	176	22	of	of	ADP
cblr-3009	176	23	instructions	instruction	NOUN
cblr-3009	176	24	that	that	PRON
cblr-3009	176	25	allow	allow	VERB
cblr-3009	176	26	others	other	NOUN
cblr-3009	176	27	to	to	PART
cblr-3009	176	28	write	write	VERB
cblr-3009	176	29	application	application	NOUN
cblr-3009	176	30	programs	program	NOUN
cblr-3009	176	31	.	.	PUNCT
cblr-3009	177	1	it	it	PRON
cblr-3009	177	2	could	could	AUX
cblr-3009	177	3	also	also	ADV
cblr-3009	177	4	subsidize	subsidize	VERB
cblr-3009	177	5	any	any	PRON
cblr-3009	177	6	of	of	ADP
cblr-3009	177	7	these	these	DET
cblr-3009	177	8	activities	activity	NOUN
cblr-3009	177	9	.	.	PUNCT
cblr-3009	178	1	how	how	SCONJ
cblr-3009	178	2	a	a	DET
cblr-3009	178	3	seller	seller	NOUN
cblr-3009	178	4	chooses	choose	VERB
cblr-3009	178	5	to	to	PART
cblr-3009	178	6	price	price	VERB
cblr-3009	178	7	its	its	PRON
cblr-3009	178	8	various	various	ADJ
cblr-3009	178	9	products	product	NOUN
cblr-3009	178	10	to	to	PART
cblr-3009	178	11	maximize	maximize	VERB
cblr-3009	178	12	its	its	PRON
cblr-3009	178	13	profits	profit	NOUN
cblr-3009	178	14	will	will	AUX
cblr-3009	178	15	depend	depend	VERB
cblr-3009	178	16	on	on	ADP
cblr-3009	178	17	the	the	DET
cblr-3009	178	18	interactions	interaction	NOUN
cblr-3009	178	19	among	among	ADP
cblr-3009	178	20	the	the	DET
cblr-3009	178	21	products	product	NOUN
cblr-3009	178	22	.	.	PUNCT
cblr-3009	179	1	when	when	SCONJ
cblr-3009	179	2	a	a	DET
cblr-3009	179	3	market	market	NOUN
cblr-3009	179	4	is	be	AUX
cblr-3009	179	5	two	two	NUM
cblr-3009	179	6	-	-	PUNCT
cblr-3009	179	7	sided	sided	ADJ
cblr-3009	179	8	,	,	PUNCT
cblr-3009	179	9	revenues	revenue	NOUN
cblr-3009	179	10	can	can	AUX
cblr-3009	179	11	come	come	VERB
cblr-3009	179	12	from	from	ADP
cblr-3009	179	13	both	both	DET
cblr-3009	179	14	sides	side	NOUN
cblr-3009	179	15	of	of	ADP
cblr-3009	179	16	the	the	DET
cblr-3009	179	17	market	market	NOUN
cblr-3009	179	18	.	.	PUNCT
cblr-3009	180	1	holding	hold	VERB
cblr-3009	180	2	constant	constant	ADJ
cblr-3009	180	3	the	the	DET
cblr-3009	180	4	sum	sum	NOUN
cblr-3009	180	5	of	of	ADP
cblr-3009	180	6	the	the	DET
cblr-3009	180	7	two	two	NUM
cblr-3009	180	8	prices	price	NOUN
cblr-3009	180	9	,	,	PUNCT
cblr-3009	180	10	the	the	DET
cblr-3009	180	11	revenues	revenue	NOUN
cblr-3009	180	12	collected	collect	VERB
cblr-3009	180	13	will	will	AUX
cblr-3009	180	14	depend	depend	VERB
cblr-3009	180	15	upon	upon	SCONJ
cblr-3009	180	16	exactly	exactly	ADV
cblr-3009	180	17	how	how	SCONJ
cblr-3009	180	18	much	much	ADJ
cblr-3009	180	19	each	each	DET
cblr-3009	180	20	side	side	NOUN
cblr-3009	180	21	of	of	ADP
cblr-3009	180	22	the	the	DET
cblr-3009	180	23	market	market	NOUN
cblr-3009	180	24	is	be	AUX
cblr-3009	180	25	charged	charge	VERB
cblr-3009	180	26	.	.	PUNCT
cblr-3009	181	1	3	3	NUM
cblr-3009	181	2	consider	consider	VERB
cblr-3009	181	3	the	the	DET
cblr-3009	181	4	similar	similar	ADJ
cblr-3009	181	5	public	public	ADJ
cblr-3009	181	6	finance	finance	NOUN
cblr-3009	181	7	problem	problem	NOUN
cblr-3009	181	8	of	of	ADP
cblr-3009	181	9	raising	raise	VERB
cblr-3009	181	10	sufficient	sufficient	ADJ
cblr-3009	181	11	tax	tax	NOUN
cblr-3009	181	12	revenue	revenue	NOUN
cblr-3009	181	13	to	to	PART
cblr-3009	181	14	cover	cover	VERB
cblr-3009	181	15	an	an	DET
cblr-3009	181	16	expenditure	expenditure	NOUN
cblr-3009	181	17	.	.	PUNCT
cblr-3009	182	1	theories	theory	NOUN
cblr-3009	182	2	on	on	ADP
cblr-3009	182	3	optimal	optimal	ADJ
cblr-3009	182	4	taxation	taxation	NOUN
cblr-3009	182	5	explain	explain	VERB
cblr-3009	182	6	how	how	SCONJ
cblr-3009	182	7	to	to	PART
cblr-3009	182	8	tax	tax	VERB
cblr-3009	182	9	efficiently	efficiently	ADV
cblr-3009	182	10	each	each	DET
cblr-3009	182	11	agent	agent	NOUN
cblr-3009	182	12	.	.	PUNCT
cblr-3009	183	1	in	in	ADP
cblr-3009	183	2	a	a	DET
cblr-3009	183	3	twosided	twoside	VERB
cblr-3009	183	4	market	market	NOUN
cblr-3009	183	5	,	,	PUNCT
cblr-3009	183	6	the	the	DET
cblr-3009	183	7	optimal	optimal	ADJ
cblr-3009	183	8	price	price	NOUN
cblr-3009	183	9	to	to	PART
cblr-3009	183	10	charge	charge	VERB
cblr-3009	183	11	each	each	DET
cblr-3009	183	12	side	side	NOUN
cblr-3009	183	13	of	of	ADP
cblr-3009	183	14	the	the	DET
cblr-3009	183	15	market	market	NOUN
cblr-3009	183	16	depends	depend	VERB
cblr-3009	183	17	on	on	ADP
cblr-3009	183	18	demand	demand	NOUN
cblr-3009	183	19	elasticities	elasticity	NOUN
cblr-3009	183	20	(	(	PUNCT
cblr-3009	183	21	and	and	CCONJ
cblr-3009	183	22	crosselasticities	crosselasticitie	NOUN
cblr-3009	183	23	)	)	PUNCT
cblr-3009	183	24	and	and	CCONJ
cblr-3009	183	25	externality	externality	NOUN
cblr-3009	183	26	effects	effect	NOUN
cblr-3009	183	27	.	.	PUNCT
cblr-3009	184	1	economics	economic	NOUN
cblr-3009	184	2	literature	literature	PROPN
cblr-3009	184	3	stresses	stress	VERB
cblr-3009	184	4	the	the	DET
cblr-3009	184	5	difficulty	difficulty	NOUN
cblr-3009	184	6	inherent	inherent	ADJ
cblr-3009	184	7	in	in	ADP
cblr-3009	184	8	determining	determine	VERB
cblr-3009	184	9	the	the	DET
cblr-3009	184	10	amount	amount	NOUN
cblr-3009	184	11	that	that	PRON
cblr-3009	184	12	each	each	DET
cblr-3009	184	13	side	side	NOUN
cblr-3009	184	14	ultimately	ultimately	ADV
cblr-3009	184	15	pays	pay	VERB
cblr-3009	184	16	;	;	PUNCT
cblr-3009	184	17	one	one	NUM
cblr-3009	184	18	group	group	NOUN
cblr-3009	184	19	might	might	AUX
cblr-3009	184	20	receive	receive	VERB
cblr-3009	184	21	a	a	DET
cblr-3009	184	22	net	net	ADJ
cblr-3009	184	23	subsidy	subsidy	NOUN
cblr-3009	184	24	,	,	PUNCT
cblr-3009	184	25	whereas	whereas	SCONJ
cblr-3009	184	26	the	the	DET
cblr-3009	184	27	other	other	ADJ
cblr-3009	184	28	group	group	NOUN
cblr-3009	184	29	might	might	AUX
cblr-3009	184	30	make	make	VERB
cblr-3009	184	31	net	net	ADJ
cblr-3009	184	32	payments.24	payments.24	NOUN
cblr-3009	184	33	therefore	therefore	ADV
cblr-3009	184	34	,	,	PUNCT
cblr-3009	184	35	in	in	ADP
cblr-3009	184	36	a	a	DET
cblr-3009	184	37	two	two	NUM
cblr-3009	184	38	-	-	PUNCT
cblr-3009	184	39	sided	sided	ADJ
cblr-3009	184	40	market	market	NOUN
cblr-3009	184	41	,	,	PUNCT
cblr-3009	184	42	fee	fee	NOUN
cblr-3009	184	43	allocation	allocation	NOUN
cblr-3009	184	44	among	among	ADP
cblr-3009	184	45	the	the	DET
cblr-3009	184	46	various	various	ADJ
cblr-3009	184	47	groups	group	NOUN
cblr-3009	184	48	becomes	become	VERB
cblr-3009	184	49	an	an	DET
cblr-3009	184	50	interesting	interesting	ADJ
cblr-3009	184	51	problem	problem	NOUN
cblr-3009	184	52	similar	similar	ADJ
cblr-3009	184	53	to	to	ADP
cblr-3009	184	54	optimal	optimal	ADJ
cblr-3009	184	55	taxation	taxation	NOUN
cblr-3009	184	56	.	.	PUNCT
cblr-3009	185	1	this	this	DET
cblr-3009	185	2	allocation	allocation	NOUN
cblr-3009	185	3	issue	issue	NOUN
cblr-3009	185	4	is	be	AUX
cblr-3009	185	5	separate	separate	ADJ
cblr-3009	185	6	from	from	ADP
cblr-3009	185	7	(	(	PUNCT
cblr-3009	185	8	though	though	SCONJ
cblr-3009	185	9	related	relate	VERB
cblr-3009	185	10	to	to	ADP
cblr-3009	185	11	)	)	PUNCT
cblr-3009	185	12	that	that	PRON
cblr-3009	185	13	of	of	ADP
cblr-3009	185	14	determining	determine	VERB
cblr-3009	185	15	the	the	DET
cblr-3009	185	16	total	total	ADJ
cblr-3009	185	17	fee	fee	NOUN
cblr-3009	185	18	amount	amount	NOUN
cblr-3009	185	19	.	.	PUNCT
cblr-3009	186	1	most	most	ADJ
cblr-3009	186	2	of	of	ADP
cblr-3009	186	3	the	the	DET
cblr-3009	186	4	literature	literature	NOUN
cblr-3009	186	5	on	on	ADP
cblr-3009	186	6	two	two	NUM
cblr-3009	186	7	-	-	PUNCT
cblr-3009	186	8	sided	side	VERB
cblr-3009	186	9	markets	market	NOUN
cblr-3009	186	10	accords	accord	NOUN
cblr-3009	186	11	with	with	ADP
cblr-3009	186	12	the	the	DET
cblr-3009	186	13	optimal	optimal	ADJ
cblr-3009	186	14	taxation	taxation	NOUN
cblr-3009	186	15	literature	literature	NOUN
cblr-3009	186	16	on	on	ADP
cblr-3009	186	17	ramsey	ramsey	PROPN
cblr-3009	186	18	pricing	pricing	PROPN
cblr-3009	186	19	and	and	CCONJ
cblr-3009	186	20	focuses	focus	VERB
cblr-3009	186	21	on	on	ADP
cblr-3009	186	22	linear	linear	ADJ
cblr-3009	186	23	prices	price	NOUN
cblr-3009	186	24	(	(	PUNCT
cblr-3009	186	25	taxes)-however	taxes)-however	NOUN
cblr-3009	186	26	,	,	PUNCT
cblr-3009	186	27	this	this	PRON
cblr-3009	186	28	is	be	AUX
cblr-3009	186	29	only	only	ADV
cblr-3009	186	30	a	a	DET
cblr-3009	186	31	23	23	NUM
cblr-3009	186	32	if	if	SCONJ
cblr-3009	186	33	a	a	DET
cblr-3009	186	34	market	market	NOUN
cblr-3009	186	35	is	be	AUX
cblr-3009	186	36	one	one	NUM
cblr-3009	186	37	-	-	PUNCT
cblr-3009	186	38	sided	sided	ADJ
cblr-3009	186	39	,	,	PUNCT
cblr-3009	186	40	total	total	ADJ
cblr-3009	186	41	revenue	revenue	NOUN
cblr-3009	186	42	will	will	AUX
cblr-3009	186	43	depend	depend	VERB
cblr-3009	186	44	only	only	ADV
cblr-3009	186	45	on	on	ADP
cblr-3009	186	46	the	the	DET
cblr-3009	186	47	total	total	ADJ
cblr-3009	186	48	fee	fee	NOUN
cblr-3009	186	49	per	per	ADP
cblr-3009	186	50	transaction	transaction	NOUN
cblr-3009	186	51	,	,	PUNCT
cblr-3009	186	52	not	not	PART
cblr-3009	186	53	on	on	ADP
cblr-3009	186	54	its	its	PRON
cblr-3009	186	55	allocation	allocation	NOUN
cblr-3009	186	56	among	among	ADP
cblr-3009	186	57	market	market	NOUN
cblr-3009	186	58	participants	participant	NOUN
cblr-3009	186	59	.	.	PUNCT
cblr-3009	187	1	24	24	NUM
cblr-3009	187	2	rochet	rochet	NOUN
cblr-3009	187	3	and	and	CCONJ
cblr-3009	187	4	tirole	tirole	PROPN
cblr-3009	187	5	cite	cite	VERB
cblr-3009	187	6	newspapers	newspaper	NOUN
cblr-3009	187	7	and	and	CCONJ
cblr-3009	187	8	tv	tv	NOUN
cblr-3009	187	9	programs	program	NOUN
cblr-3009	187	10	as	as	ADP
cblr-3009	187	11	instances	instance	NOUN
cblr-3009	187	12	where	where	SCONJ
cblr-3009	187	13	one	one	NUM
cblr-3009	187	14	side	side	NOUN
cblr-3009	187	15	(	(	PUNCT
cblr-3009	187	16	readers	reader	NOUN
cblr-3009	187	17	or	or	CCONJ
cblr-3009	187	18	viewers	viewer	NOUN
cblr-3009	187	19	)	)	PUNCT
cblr-3009	187	20	receives	receive	VERB
cblr-3009	187	21	the	the	DET
cblr-3009	187	22	product	product	NOUN
cblr-3009	187	23	for	for	ADP
cblr-3009	187	24	free	free	ADJ
cblr-3009	187	25	while	while	SCONJ
cblr-3009	187	26	the	the	DET
cblr-3009	187	27	other	other	ADJ
cblr-3009	187	28	side	side	NOUN
cblr-3009	187	29	(	(	PUNCT
cblr-3009	187	30	advertisers	advertiser	NOUN
cblr-3009	187	31	)	)	PUNCT
cblr-3009	187	32	makes	make	VERB
cblr-3009	187	33	net	net	ADJ
cblr-3009	187	34	payments	payment	NOUN
cblr-3009	187	35	.	.	PUNCT
cblr-3009	188	1	see	see	VERB
cblr-3009	188	2	rochet	rochet	NOUN
cblr-3009	188	3	&	&	CCONJ
cblr-3009	188	4	tirole	tirole	PROPN
cblr-3009	188	5	,	,	PUNCT
cblr-3009	188	6	supra	supra	PROPN
cblr-3009	188	7	note	note	PROPN
cblr-3009	188	8	1	1	NUM
cblr-3009	188	9	,	,	PUNCT
cblr-3009	188	10	at	at	ADP
cblr-3009	188	11	34	34	NUM
cblr-3009	188	12	.	.	PUNCT
cblr-3009	189	1	no	no	INTJ
cblr-3009	189	2	.	.	PUNCT
cblr-3009	190	1	3:617	3:617	NUM
cblr-3009	190	2	]	]	X
cblr-3009	190	3	columbia	columbia	PROPN
cblr-3009	190	4	business	business	PROPN
cblr-3009	190	5	la	la	PROPN
cblr-3009	190	6	w	w	PROPN
cblr-3009	190	7	review	review	VERB
cblr-3009	190	8	convenient	convenient	ADJ
cblr-3009	190	9	simplification	simplification	NOUN
cblr-3009	190	10	.	.	PUNCT
cblr-3009	190	11	"	"	PUNCT
cblr-3009	191	1	more	more	ADV
cblr-3009	191	2	generally	generally	ADV
cblr-3009	191	3	,	,	PUNCT
cblr-3009	191	4	one	one	PRON
cblr-3009	191	5	can	can	AUX
cblr-3009	191	6	think	think	VERB
cblr-3009	191	7	of	of	ADP
cblr-3009	191	8	applying	apply	VERB
cblr-3009	191	9	non	non	ADJ
cblr-3009	191	10	-	-	ADJ
cblr-3009	191	11	linear	linear	ADJ
cblr-3009	191	12	taxes	taxis	NOUN
cblr-3009	191	13	(	(	PUNCT
cblr-3009	191	14	e.g.	e.g.	ADV
cblr-3009	191	15	,	,	PUNCT
cblr-3009	191	16	a	a	DET
cblr-3009	191	17	lump	lump	NOUN
cblr-3009	191	18	sum	sum	NOUN
cblr-3009	191	19	tax	tax	NOUN
cblr-3009	191	20	plus	plus	CCONJ
cblr-3009	191	21	a	a	DET
cblr-3009	191	22	linear	linear	ADJ
cblr-3009	191	23	tax	tax	NOUN
cblr-3009	191	24	)	)	PUNCT
cblr-3009	191	25	to	to	ADP
cblr-3009	191	26	each	each	DET
cblr-3009	191	27	market	market	NOUN
cblr-3009	191	28	participant	participant	NOUN
cblr-3009	191	29	,	,	PUNCT
cblr-3009	191	30	in	in	ADP
cblr-3009	191	31	an	an	DET
cblr-3009	191	32	effort	effort	NOUN
cblr-3009	191	33	to	to	PART
cblr-3009	191	34	raise	raise	VERB
cblr-3009	191	35	revenue	revenue	NOUN
cblr-3009	191	36	in	in	ADP
cblr-3009	191	37	the	the	DET
cblr-3009	191	38	most	most	ADV
cblr-3009	191	39	efficient	efficient	ADJ
cblr-3009	191	40	manner	manner	NOUN
cblr-3009	191	41	,	,	PUNCT
cblr-3009	191	42	while	while	SCONJ
cblr-3009	191	43	also	also	ADV
cblr-3009	191	44	considering	consider	VERB
cblr-3009	191	45	transaction	transaction	NOUN
cblr-3009	191	46	costs	cost	NOUN
cblr-3009	191	47	and	and	CCONJ
cblr-3009	191	48	externalities	externality	NOUN
cblr-3009	191	49	affecting	affect	VERB
cblr-3009	191	50	each	each	DET
cblr-3009	191	51	agent	agent	NOUN
cblr-3009	191	52	.	.	PUNCT
cblr-3009	192	1	a	a	DET
cblr-3009	192	2	one	one	NUM
cblr-3009	192	3	-	-	PUNCT
cblr-3009	192	4	sided	sided	ADJ
cblr-3009	192	5	market	market	NOUN
cblr-3009	192	6	potentially	potentially	ADV
cblr-3009	192	7	can	can	AUX
cblr-3009	192	8	be	be	AUX
cblr-3009	192	9	converted	convert	VERB
cblr-3009	192	10	into	into	ADP
cblr-3009	192	11	a	a	DET
cblr-3009	192	12	two	two	NUM
cblr-3009	192	13	-	-	PUNCT
cblr-3009	192	14	sided	sided	ADJ
cblr-3009	192	15	market	market	NOUN
cblr-3009	192	16	through	through	ADP
cblr-3009	192	17	the	the	DET
cblr-3009	192	18	imposition	imposition	NOUN
cblr-3009	192	19	of	of	ADP
cblr-3009	192	20	lump	lump	NOUN
cblr-3009	192	21	sum	sum	NOUN
cblr-3009	192	22	taxes	taxis	NOUN
cblr-3009	192	23	.	.	PUNCT
cblr-3009	193	1	this	this	PRON
cblr-3009	193	2	could	could	AUX
cblr-3009	193	3	be	be	AUX
cblr-3009	193	4	accomplished	accomplish	VERB
cblr-3009	193	5	,	,	PUNCT
cblr-3009	193	6	for	for	ADP
cblr-3009	193	7	example	example	NOUN
cblr-3009	193	8	,	,	PUNCT
cblr-3009	193	9	if	if	SCONJ
cblr-3009	193	10	revenue	revenue	NOUN
cblr-3009	193	11	is	be	AUX
cblr-3009	193	12	collected	collect	VERB
cblr-3009	193	13	from	from	ADP
cblr-3009	193	14	one	one	NUM
cblr-3009	193	15	group	group	NOUN
cblr-3009	193	16	in	in	ADP
cblr-3009	193	17	the	the	DET
cblr-3009	193	18	form	form	NOUN
cblr-3009	193	19	of	of	ADP
cblr-3009	193	20	a	a	DET
cblr-3009	193	21	fixed	fix	VERB
cblr-3009	193	22	fee	fee	NOUN
cblr-3009	193	23	and	and	CCONJ
cblr-3009	193	24	used	use	VERB
cblr-3009	193	25	to	to	PART
cblr-3009	193	26	subsidize	subsidize	VERB
cblr-3009	193	27	(	(	PUNCT
cblr-3009	193	28	e.g.	e.g.	ADV
cblr-3009	193	29	,	,	PUNCT
cblr-3009	193	30	in	in	ADP
cblr-3009	193	31	amounts	amount	NOUN
cblr-3009	193	32	proportional	proportional	ADJ
cblr-3009	193	33	to	to	PART
cblr-3009	193	34	usage	usage	VERB
cblr-3009	193	35	)	)	PUNCT
cblr-3009	193	36	the	the	DET
cblr-3009	193	37	other	other	ADJ
cblr-3009	193	38	group	group	NOUN
cblr-3009	193	39	.	.	PUNCT
cblr-3009	194	1	a	a	DET
cblr-3009	194	2	fixed	fix	VERB
cblr-3009	194	3	charge	charge	NOUN
cblr-3009	194	4	that	that	PRON
cblr-3009	194	5	is	be	AUX
cblr-3009	194	6	less	less	ADJ
cblr-3009	194	7	than	than	SCONJ
cblr-3009	194	8	the	the	DET
cblr-3009	194	9	total	total	ADJ
cblr-3009	194	10	surplus	surplus	NOUN
cblr-3009	194	11	obtained	obtain	VERB
cblr-3009	194	12	by	by	ADP
cblr-3009	194	13	a	a	DET
cblr-3009	194	14	member	member	NOUN
cblr-3009	194	15	of	of	ADP
cblr-3009	194	16	the	the	DET
cblr-3009	194	17	first	first	ADJ
cblr-3009	194	18	group	group	NOUN
cblr-3009	194	19	will	will	AUX
cblr-3009	194	20	have	have	VERB
cblr-3009	194	21	no	no	DET
cblr-3009	194	22	effect	effect	NOUN
cblr-3009	194	23	on	on	ADP
cblr-3009	194	24	usage	usage	NOUN
cblr-3009	194	25	,	,	PUNCT
cblr-3009	194	26	while	while	SCONJ
cblr-3009	194	27	a	a	DET
cblr-3009	194	28	proportional	proportional	ADJ
cblr-3009	194	29	rebate	rebate	NOUN
cblr-3009	194	30	on	on	ADP
cblr-3009	194	31	the	the	DET
cblr-3009	194	32	other	other	ADJ
cblr-3009	194	33	group	group	NOUN
cblr-3009	194	34	can	can	AUX
cblr-3009	194	35	stimulate	stimulate	VERB
cblr-3009	194	36	usage	usage	NOUN
cblr-3009	194	37	.	.	PUNCT
cblr-3009	195	1	in	in	ADP
cblr-3009	195	2	a	a	DET
cblr-3009	195	3	two	two	NUM
cblr-3009	195	4	-	-	PUNCT
cblr-3009	195	5	sided	sided	ADJ
cblr-3009	195	6	market	market	NOUN
cblr-3009	195	7	,	,	PUNCT
cblr-3009	195	8	shifting	shift	VERB
cblr-3009	195	9	revenue	revenue	NOUN
cblr-3009	195	10	generation	generation	NOUN
cblr-3009	195	11	from	from	ADP
cblr-3009	195	12	one	one	NUM
cblr-3009	195	13	side	side	NOUN
cblr-3009	195	14	to	to	ADP
cblr-3009	195	15	the	the	DET
cblr-3009	195	16	other	other	ADJ
cblr-3009	195	17	is	be	AUX
cblr-3009	195	18	,	,	PUNCT
cblr-3009	195	19	by	by	ADP
cblr-3009	195	20	definition	definition	NOUN
cblr-3009	195	21	,	,	PUNCT
cblr-3009	195	22	possible	possible	ADJ
cblr-3009	195	23	because	because	SCONJ
cblr-3009	195	24	participants	participant	NOUN
cblr-3009	195	25	can	can	AUX
cblr-3009	195	26	not	not	PART
cblr-3009	195	27	use	use	VERB
cblr-3009	195	28	side	side	NOUN
cblr-3009	195	29	payments	payment	NOUN
cblr-3009	195	30	to	to	PART
cblr-3009	195	31	negate	negate	VERB
cblr-3009	195	32	the	the	DET
cblr-3009	195	33	effect	effect	NOUN
cblr-3009	195	34	of	of	ADP
cblr-3009	195	35	this	this	DET
cblr-3009	195	36	shifting	shifting	NOUN
cblr-3009	195	37	.	.	PUNCT
cblr-3009	196	1	economic	economic	ADJ
cblr-3009	196	2	theory	theory	NOUN
cblr-3009	196	3	of	of	ADP
cblr-3009	196	4	two	two	NUM
cblr-3009	196	5	-	-	PUNCT
cblr-3009	196	6	sided	side	VERB
cblr-3009	196	7	markets	market	NOUN
cblr-3009	196	8	proceeds	proceed	VERB
cblr-3009	196	9	from	from	ADP
cblr-3009	196	10	a	a	DET
cblr-3009	196	11	set	set	NOUN
cblr-3009	196	12	of	of	ADP
cblr-3009	196	13	assumptions	assumption	NOUN
cblr-3009	196	14	about	about	ADP
cblr-3009	196	15	externalities	externality	NOUN
cblr-3009	196	16	and	and	CCONJ
cblr-3009	196	17	transaction	transaction	NOUN
cblr-3009	196	18	costs	cost	NOUN
cblr-3009	196	19	to	to	ADP
cblr-3009	196	20	the	the	DET
cblr-3009	196	21	conclusion	conclusion	NOUN
cblr-3009	196	22	that	that	SCONJ
cblr-3009	196	23	efficiency	efficiency	NOUN
cblr-3009	196	24	requires	require	VERB
cblr-3009	196	25	that	that	SCONJ
cblr-3009	196	26	prices	price	NOUN
cblr-3009	196	27	reflect	reflect	VERB
cblr-3009	196	28	the	the	DET
cblr-3009	196	29	demand	demand	NOUN
cblr-3009	196	30	interactions	interaction	NOUN
cblr-3009	196	31	between	between	ADP
cblr-3009	196	32	market	market	NOUN
cblr-3009	196	33	participants	participant	NOUN
cblr-3009	196	34	from	from	ADP
cblr-3009	196	35	different	different	ADJ
cblr-3009	196	36	groups	group	NOUN
cblr-3009	196	37	.	.	PUNCT
cblr-3009	197	1	economic	economic	ADJ
cblr-3009	197	2	theory	theory	NOUN
cblr-3009	197	3	does	do	AUX
cblr-3009	197	4	not	not	PART
cblr-3009	197	5	indicate	indicate	VERB
cblr-3009	197	6	,	,	PUNCT
cblr-3009	197	7	however	however	ADV
cblr-3009	197	8	,	,	PUNCT
cblr-3009	197	9	whether	whether	SCONJ
cblr-3009	197	10	these	these	DET
cblr-3009	197	11	externalities	externality	NOUN
cblr-3009	197	12	and	and	CCONJ
cblr-3009	197	13	interdependencies	interdependency	NOUN
cblr-3009	197	14	are	be	AUX
cblr-3009	197	15	empirically	empirically	ADV
cblr-3009	197	16	significant	significant	ADJ
cblr-3009	197	17	,	,	PUNCT
cblr-3009	197	18	or	or	CCONJ
cblr-3009	197	19	whether	whether	SCONJ
cblr-3009	197	20	they	they	PRON
cblr-3009	197	21	should	should	AUX
cblr-3009	197	22	alter	alter	VERB
cblr-3009	197	23	how	how	SCONJ
cblr-3009	197	24	a	a	DET
cblr-3009	197	25	particular	particular	ADJ
cblr-3009	197	26	industry	industry	NOUN
cblr-3009	197	27	is	be	AUX
cblr-3009	197	28	typically	typically	ADV
cblr-3009	197	29	analyzed	analyze	VERB
cblr-3009	197	30	.	.	PUNCT
cblr-3009	198	1	rochet	rochet	PROPN
cblr-3009	198	2	and	and	CCONJ
cblr-3009	198	3	tirole	tirole	PROPN
cblr-3009	198	4	note	note	VERB
cblr-3009	198	5	that	that	SCONJ
cblr-3009	198	6	,	,	PUNCT
cblr-3009	198	7	in	in	ADP
cblr-3009	198	8	general	general	ADJ
cblr-3009	198	9	,	,	PUNCT
cblr-3009	198	10	a	a	DET
cblr-3009	198	11	firm	firm	NOUN
cblr-3009	198	12	is	be	AUX
cblr-3009	198	13	a	a	DET
cblr-3009	198	14	two	two	NUM
cblr-3009	198	15	-	-	PUNCT
cblr-3009	198	16	sided	sided	ADJ
cblr-3009	198	17	"	"	PUNCT
cblr-3009	198	18	platform"-yet	platform"-yet	ADV
cblr-3009	198	19	,	,	PUNCT
cblr-3009	198	20	they	they	PRON
cblr-3009	198	21	seem	seem	VERB
cblr-3009	198	22	to	to	PART
cblr-3009	198	23	suggest	suggest	VERB
cblr-3009	198	24	that	that	SCONJ
cblr-3009	198	25	this	this	DET
cblr-3009	198	26	observation	observation	NOUN
cblr-3009	198	27	is	be	AUX
cblr-3009	198	28	not	not	PART
cblr-3009	198	29	necessarily	necessarily	ADV
cblr-3009	198	30	critical	critical	ADJ
cblr-3009	198	31	to	to	ADP
cblr-3009	198	32	economic	economic	ADJ
cblr-3009	198	33	analysis.26	analysis.26	NOUN
cblr-3009	198	34	in	in	ADP
cblr-3009	198	35	the	the	DET
cblr-3009	198	36	next	next	ADJ
cblr-3009	198	37	section	section	NOUN
cblr-3009	198	38	,	,	PUNCT
cblr-3009	198	39	we	we	PRON
cblr-3009	198	40	describe	describe	VERB
cblr-3009	198	41	fees	fee	NOUN
cblr-3009	198	42	imposed	impose	VERB
cblr-3009	198	43	by	by	ADP
cblr-3009	198	44	credit	credit	NOUN
cblr-3009	198	45	card	card	NOUN
cblr-3009	198	46	networks	network	NOUN
cblr-3009	198	47	and	and	CCONJ
cblr-3009	198	48	explain	explain	VERB
cblr-3009	198	49	how	how	SCONJ
cblr-3009	198	50	they	they	PRON
cblr-3009	198	51	fit	fit	VERB
cblr-3009	198	52	into	into	ADP
cblr-3009	198	53	the	the	DET
cblr-3009	198	54	two	two	NUM
cblr-3009	198	55	-	-	PUNCT
cblr-3009	198	56	sided	sided	ADJ
cblr-3009	198	57	market	market	NOUN
cblr-3009	198	58	framework	framework	NOUN
cblr-3009	198	59	.	.	PUNCT
cblr-3009	199	1	later	later	ADV
cblr-3009	199	2	,	,	PUNCT
cblr-3009	199	3	we	we	PRON
cblr-3009	199	4	discuss	discuss	VERB
cblr-3009	199	5	a	a	DET
cblr-3009	199	6	series	series	NOUN
cblr-3009	199	7	of	of	ADP
cblr-3009	199	8	questions	question	NOUN
cblr-3009	199	9	raised	raise	VERB
cblr-3009	199	10	by	by	ADP
cblr-3009	199	11	the	the	DET
cblr-3009	199	12	use	use	NOUN
cblr-3009	199	13	of	of	ADP
cblr-3009	199	14	that	that	DET
cblr-3009	199	15	framework	framework	NOUN
cblr-3009	199	16	to	to	PART
cblr-3009	199	17	defend	defend	VERB
cblr-3009	199	18	the	the	DET
cblr-3009	199	19	efficiency	efficiency	NOUN
cblr-3009	199	20	and	and	CCONJ
cblr-3009	199	21	25	25	NUM
cblr-3009	199	22	see	see	NOUN
cblr-3009	199	23	,	,	PUNCT
cblr-3009	199	24	e.g.	e.g.	ADV
cblr-3009	199	25	,	,	PUNCT
cblr-3009	199	26	bruno	bruno	PROPN
cblr-3009	199	27	jullien	jullien	PROPN
cblr-3009	199	28	,	,	PUNCT
cblr-3009	199	29	two	two	NUM
cblr-3009	199	30	-	-	PUNCT
cblr-3009	199	31	sided	sided	ADJ
cblr-3009	199	32	markets	market	NOUN
cblr-3009	199	33	and	and	CCONJ
cblr-3009	199	34	electronic	electronic	ADJ
cblr-3009	199	35	intermediaries	intermediary	NOUN
cblr-3009	199	36	12	12	NUM
cblr-3009	199	37	-	-	SYM
cblr-3009	199	38	13	13	NUM
cblr-3009	199	39	(	(	PUNCT
cblr-3009	199	40	cesifo	cesifo	PROPN
cblr-3009	199	41	,	,	PUNCT
cblr-3009	199	42	working	working	NOUN
cblr-3009	199	43	paper	paper	NOUN
cblr-3009	199	44	no	no	NOUN
cblr-3009	199	45	.	.	PROPN
cblr-3009	199	46	1345	1345	NUM
cblr-3009	199	47	,	,	PUNCT
cblr-3009	199	48	2004	2004	NUM
cblr-3009	199	49	)	)	PUNCT
cblr-3009	199	50	,	,	PUNCT
cblr-3009	199	51	available	available	ADJ
cblr-3009	199	52	at	at	ADP
cblr-3009	199	53	http://www.cesifo.de/-doccidl/1345.pdf	http://www.cesifo.de/-doccidl/1345.pdf	PROPN
cblr-3009	199	54	.	.	PUNCT
cblr-3009	200	1	26	26	NUM
cblr-3009	200	2	rochet	rochet	PROPN
cblr-3009	200	3	&	&	CCONJ
cblr-3009	200	4	tirole	tirole	PROPN
cblr-3009	200	5	,	,	PUNCT
cblr-3009	200	6	supra	supra	PROPN
cblr-3009	200	7	note	note	PROPN
cblr-3009	200	8	1	1	NUM
cblr-3009	200	9	,	,	PUNCT
cblr-3009	200	10	at	at	ADP
cblr-3009	200	11	13	13	NUM
cblr-3009	200	12	(	(	PUNCT
cblr-3009	200	13	"	"	PUNCT
cblr-3009	200	14	in	in	ADP
cblr-3009	200	15	competitive	competitive	ADJ
cblr-3009	200	16	environments	environment	NOUN
cblr-3009	200	17	,	,	PUNCT
cblr-3009	200	18	firms	firm	NOUN
cblr-3009	200	19	are	be	AUX
cblr-3009	200	20	often	often	ADV
cblr-3009	200	21	de	de	X
cblr-3009	200	22	facto	facto	X
cblr-3009	200	23	one	one	NUM
cblr-3009	200	24	-	-	PUNCT
cblr-3009	200	25	sided	sided	ADJ
cblr-3009	200	26	platforms	platform	NOUN
cblr-3009	200	27	,	,	PUNCT
cblr-3009	200	28	in	in	SCONJ
cblr-3009	200	29	that	that	SCONJ
cblr-3009	200	30	there	there	PRON
cblr-3009	200	31	is	be	VERB
cblr-3009	200	32	little	little	ADJ
cblr-3009	200	33	'	'	PUNCT
cblr-3009	200	34	wriggle	wriggle	NOUN
cblr-3009	200	35	room	room	NOUN
cblr-3009	200	36	'	'	PUNCT
cblr-3009	200	37	for	for	SCONJ
cblr-3009	200	38	them	they	PRON
cblr-3009	200	39	to	to	PART
cblr-3009	200	40	manipulate	manipulate	VERB
cblr-3009	200	41	the	the	DET
cblr-3009	200	42	price	price	NOUN
cblr-3009	200	43	structure	structure	NOUN
cblr-3009	200	44	"	"	PUNCT
cblr-3009	200	45	)	)	PUNCT
cblr-3009	200	46	.	.	PUNCT
cblr-3009	201	1	[	[	X
cblr-3009	201	2	vol	vol	NOUN
cblr-3009	201	3	.	.	PUNCT
cblr-3009	201	4	2005	2005	NUM
cblr-3009	201	5	transaction	transaction	NOUN
cblr-3009	201	6	costs	cost	NOUN
cblr-3009	201	7	and	and	CCONJ
cblr-3009	201	8	externalities	externality	NOUN
cblr-3009	201	9	appropriateness	appropriateness	NOUN
cblr-3009	201	10	of	of	ADP
cblr-3009	201	11	the	the	DET
cblr-3009	201	12	networks	network	NOUN
cblr-3009	201	13	'	'	PART
cblr-3009	201	14	policies	policy	NOUN
cblr-3009	201	15	,	,	PUNCT
cblr-3009	201	16	such	such	ADJ
cblr-3009	201	17	as	as	ADP
cblr-3009	201	18	the	the	DET
cblr-3009	201	19	setting	setting	NOUN
cblr-3009	201	20	of	of	ADP
cblr-3009	201	21	interchange	interchange	NOUN
cblr-3009	201	22	fees	fee	NOUN
cblr-3009	201	23	.	.	PUNCT
cblr-3009	202	1	iii	iii	X
cblr-3009	202	2	.	.	PUNCT
cblr-3009	202	3	collective	collective	ADJ
cblr-3009	202	4	restrictions	restriction	NOUN
cblr-3009	202	5	and	and	CCONJ
cblr-3009	202	6	interchange	interchange	NOUN
cblr-3009	202	7	fees	fee	NOUN
cblr-3009	202	8	in	in	ADP
cblr-3009	202	9	two	two	NUM
cblr-3009	202	10	-	-	PUNCT
cblr-3009	202	11	sided	sided	ADJ
cblr-3009	202	12	payment	payment	NOUN
cblr-3009	202	13	systems	system	NOUN
cblr-3009	202	14	confusion	confusion	NOUN
cblr-3009	202	15	sometimes	sometimes	ADV
cblr-3009	202	16	persists	persist	VERB
cblr-3009	202	17	over	over	ADP
cblr-3009	202	18	how	how	SCONJ
cblr-3009	202	19	interchange	interchange	NOUN
cblr-3009	202	20	fees	fee	NOUN
cblr-3009	202	21	and	and	CCONJ
cblr-3009	202	22	other	other	ADJ
cblr-3009	202	23	network	network	NOUN
cblr-3009	202	24	fees	fee	NOUN
cblr-3009	202	25	relate	relate	VERB
cblr-3009	202	26	to	to	ADP
cblr-3009	202	27	the	the	DET
cblr-3009	202	28	costs	cost	NOUN
cblr-3009	202	29	incurred	incur	VERB
cblr-3009	202	30	in	in	ADP
cblr-3009	202	31	payment	payment	NOUN
cblr-3009	202	32	systems	system	NOUN
cblr-3009	202	33	.	.	PUNCT
cblr-3009	203	1	two	two	NUM
cblr-3009	203	2	possible	possible	ADJ
cblr-3009	203	3	costs	cost	NOUN
cblr-3009	203	4	exist	exist	VERB
cblr-3009	203	5	:	:	PUNCT
cblr-3009	203	6	(	(	PUNCT
cblr-3009	203	7	1	1	X
cblr-3009	203	8	)	)	PUNCT
cblr-3009	203	9	the	the	DET
cblr-3009	203	10	network	network	NOUN
cblr-3009	203	11	cost	cost	NOUN
cblr-3009	203	12	,	,	PUNCT
cblr-3009	203	13	i.e.	i.e.	X
cblr-3009	203	14	,	,	PUNCT
cblr-3009	203	15	the	the	DET
cblr-3009	203	16	cost	cost	NOUN
cblr-3009	203	17	of	of	ADP
cblr-3009	203	18	operating	operate	VERB
cblr-3009	203	19	a	a	DET
cblr-3009	203	20	central	central	ADJ
cblr-3009	203	21	electronic	electronic	ADJ
cblr-3009	203	22	network	network	NOUN
cblr-3009	203	23	;	;	PUNCT
cblr-3009	203	24	and	and	CCONJ
cblr-3009	203	25	,	,	PUNCT
cblr-3009	203	26	more	more	ADV
cblr-3009	203	27	interestingly	interestingly	ADV
cblr-3009	203	28	,	,	PUNCT
cblr-3009	203	29	(	(	PUNCT
cblr-3009	203	30	2	2	X
cblr-3009	203	31	)	)	PUNCT
cblr-3009	203	32	the	the	DET
cblr-3009	203	33	costs	cost	NOUN
cblr-3009	203	34	card	card	NOUN
cblr-3009	203	35	-	-	PUNCT
cblr-3009	203	36	issuing	issue	VERB
cblr-3009	203	37	banks	bank	NOUN
cblr-3009	203	38	incur	incur	VERB
cblr-3009	203	39	to	to	PART
cblr-3009	203	40	promote	promote	VERB
cblr-3009	203	41	their	their	PRON
cblr-3009	203	42	cards	card	NOUN
cblr-3009	203	43	and	and	CCONJ
cblr-3009	203	44	to	to	PART
cblr-3009	203	45	serve	serve	VERB
cblr-3009	203	46	their	their	PRON
cblr-3009	203	47	customers	customer	NOUN
cblr-3009	203	48	.	.	PUNCT
cblr-3009	204	1	we	we	PRON
cblr-3009	204	2	begin	begin	VERB
cblr-3009	204	3	by	by	ADP
cblr-3009	204	4	reviewing	review	VERB
cblr-3009	204	5	network	network	NOUN
cblr-3009	204	6	fees	fee	NOUN
cblr-3009	204	7	designed	design	VERB
cblr-3009	204	8	to	to	PART
cblr-3009	204	9	cover	cover	VERB
cblr-3009	204	10	network	network	NOUN
cblr-3009	204	11	costs	cost	NOUN
cblr-3009	204	12	and	and	CCONJ
cblr-3009	204	13	then	then	ADV
cblr-3009	204	14	discuss	discuss	VERB
cblr-3009	204	15	interchange	interchange	NOUN
cblr-3009	204	16	fees	fee	NOUN
cblr-3009	204	17	and	and	CCONJ
cblr-3009	204	18	their	their	PRON
cblr-3009	204	19	purported	purport	VERB
cblr-3009	204	20	rationale	rationale	NOUN
cblr-3009	204	21	.	.	PUNCT
cblr-3009	205	1	we	we	PRON
cblr-3009	205	2	conclude	conclude	VERB
cblr-3009	205	3	with	with	ADP
cblr-3009	205	4	a	a	DET
cblr-3009	205	5	series	series	NOUN
cblr-3009	205	6	of	of	ADP
cblr-3009	205	7	questions	question	NOUN
cblr-3009	205	8	designed	design	VERB
cblr-3009	205	9	to	to	PART
cblr-3009	205	10	probe	probe	VERB
cblr-3009	205	11	the	the	DET
cblr-3009	205	12	procompetitive	procompetitive	ADJ
cblr-3009	205	13	justifications	justification	NOUN
cblr-3009	205	14	offered	offer	VERB
cblr-3009	205	15	for	for	ADP
cblr-3009	205	16	certain	certain	ADJ
cblr-3009	205	17	collective	collective	ADJ
cblr-3009	205	18	policies	policy	NOUN
cblr-3009	205	19	,	,	PUNCT
cblr-3009	205	20	such	such	ADJ
cblr-3009	205	21	as	as	ADP
cblr-3009	205	22	interchange	interchange	NOUN
cblr-3009	205	23	fees	fee	NOUN
cblr-3009	205	24	,	,	PUNCT
cblr-3009	205	25	where	where	SCONJ
cblr-3009	205	26	these	these	DET
cblr-3009	205	27	justifications	justification	NOUN
cblr-3009	205	28	are	be	AUX
cblr-3009	205	29	based	base	VERB
cblr-3009	205	30	on	on	ADP
cblr-3009	205	31	the	the	DET
cblr-3009	205	32	two	two	NUM
cblr-3009	205	33	-	-	PUNCT
cblr-3009	205	34	sided	sided	ADJ
cblr-3009	205	35	nature	nature	NOUN
cblr-3009	205	36	of	of	ADP
cblr-3009	205	37	the	the	DET
cblr-3009	205	38	market	market	NOUN
cblr-3009	205	39	.	.	PUNCT
cblr-3009	206	1	a.	a.	NOUN
cblr-3009	206	2	fees	fee	NOUN
cblr-3009	206	3	to	to	PART
cblr-3009	206	4	cover	cover	VERB
cblr-3009	206	5	network	network	NOUN
cblr-3009	206	6	costs	cost	NOUN
cblr-3009	206	7	mastercard	mastercard	PROPN
cblr-3009	206	8	and	and	CCONJ
cblr-3009	206	9	visa	visa	NOUN
cblr-3009	206	10	represent	represent	VERB
cblr-3009	206	11	large	large	ADJ
cblr-3009	206	12	associations	association	NOUN
cblr-3009	206	13	of	of	ADP
cblr-3009	206	14	one	one	NUM
cblr-3009	206	15	or	or	CCONJ
cblr-3009	206	16	both	both	PRON
cblr-3009	206	17	of	of	ADP
cblr-3009	206	18	the	the	DET
cblr-3009	206	19	following	follow	VERB
cblr-3009	206	20	types	type	NOUN
cblr-3009	206	21	of	of	ADP
cblr-3009	206	22	financial	financial	ADJ
cblr-3009	206	23	institutions	institution	NOUN
cblr-3009	206	24	:	:	PUNCT
cblr-3009	206	25	"	"	PUNCT
cblr-3009	206	26	issuers	issuer	NOUN
cblr-3009	206	27	"	"	PUNCT
cblr-3009	206	28	(	(	PUNCT
cblr-3009	206	29	those	those	PRON
cblr-3009	206	30	that	that	PRON
cblr-3009	206	31	issue	issue	VERB
cblr-3009	206	32	credit	credit	NOUN
cblr-3009	206	33	and	and	CCONJ
cblr-3009	206	34	debit	debit	NOUN
cblr-3009	206	35	cards	card	NOUN
cblr-3009	206	36	)	)	PUNCT
cblr-3009	206	37	and	and	CCONJ
cblr-3009	206	38	"	"	PUNCT
cblr-3009	206	39	acquirers	acquirer	NOUN
cblr-3009	206	40	"	"	PUNCT
cblr-3009	206	41	(	(	PUNCT
cblr-3009	206	42	merchants	merchant	NOUN
cblr-3009	206	43	that	that	PRON
cblr-3009	206	44	accept	accept	VERB
cblr-3009	206	45	those	those	DET
cblr-3009	206	46	cards	card	NOUN
cblr-3009	206	47	)	)	PUNCT
cblr-3009	206	48	.	.	PUNCT
cblr-3009	207	1	the	the	DET
cblr-3009	207	2	associations	association	NOUN
cblr-3009	207	3	incur	incur	NOUN
cblr-3009	207	4	costs	cost	NOUN
cblr-3009	207	5	primarily	primarily	ADV
cblr-3009	207	6	to	to	PART
cblr-3009	207	7	build	build	VERB
cblr-3009	207	8	and	and	CCONJ
cblr-3009	207	9	to	to	PART
cblr-3009	207	10	operate	operate	VERB
cblr-3009	207	11	their	their	PRON
cblr-3009	207	12	networks	network	NOUN
cblr-3009	207	13	(	(	PUNCT
cblr-3009	207	14	i.e.	i.e.	X
cblr-3009	207	15	,	,	PUNCT
cblr-3009	207	16	the	the	DET
cblr-3009	207	17	processing	processing	NOUN
cblr-3009	207	18	and	and	CCONJ
cblr-3009	207	19	settlement	settlement	NOUN
cblr-3009	207	20	systems	system	NOUN
cblr-3009	207	21	that	that	PRON
cblr-3009	207	22	they	they	PRON
cblr-3009	207	23	operate	operate	VERB
cblr-3009	207	24	directly	directly	ADV
cblr-3009	207	25	)	)	PUNCT
cblr-3009	207	26	,	,	PUNCT
cblr-3009	207	27	rather	rather	ADV
cblr-3009	207	28	than	than	ADP
cblr-3009	207	29	merely	merely	ADV
cblr-3009	207	30	to	to	PART
cblr-3009	207	31	act	act	VERB
cblr-3009	207	32	as	as	ADP
cblr-3009	207	33	standard	standard	NOUN
cblr-3009	207	34	-	-	PUNCT
cblr-3009	207	35	setting	set	VERB
cblr-3009	207	36	organizations	organization	NOUN
cblr-3009	207	37	.	.	PUNCT
cblr-3009	208	1	card	card	NOUN
cblr-3009	208	2	systems	system	NOUN
cblr-3009	208	3	fund	fund	NOUN
cblr-3009	208	4	most	most	ADJ
cblr-3009	208	5	of	of	ADP
cblr-3009	208	6	these	these	DET
cblr-3009	208	7	costs	cost	NOUN
cblr-3009	208	8	by	by	ADP
cblr-3009	208	9	charging	charge	VERB
cblr-3009	208	10	fees	fee	NOUN
cblr-3009	208	11	to	to	ADP
cblr-3009	208	12	their	their	PRON
cblr-3009	208	13	issuing	issuing	NOUN
cblr-3009	208	14	and	and	CCONJ
cblr-3009	208	15	acquiring	acquire	VERB
cblr-3009	208	16	members.27	members.27	PROPN
cblr-3009	208	17	because	because	SCONJ
cblr-3009	208	18	both	both	PRON
cblr-3009	208	19	a	a	DET
cblr-3009	208	20	merchant	merchant	NOUN
cblr-3009	208	21	and	and	CCONJ
cblr-3009	208	22	a	a	DET
cblr-3009	208	23	cardholder	cardholder	NOUN
cblr-3009	208	24	(	(	PUNCT
cblr-3009	208	25	and	and	CCONJ
cblr-3009	208	26	27	27	NUM
cblr-3009	208	27	these	these	DET
cblr-3009	208	28	fees	fee	NOUN
cblr-3009	208	29	are	be	AUX
cblr-3009	208	30	paid	pay	VERB
cblr-3009	208	31	to	to	ADP
cblr-3009	208	32	and	and	CCONJ
cblr-3009	208	33	retained	retain	VERB
cblr-3009	208	34	by	by	ADP
cblr-3009	208	35	the	the	DET
cblr-3009	208	36	network	network	NOUN
cblr-3009	208	37	and	and	CCONJ
cblr-3009	208	38	are	be	AUX
cblr-3009	208	39	distinct	distinct	ADJ
cblr-3009	208	40	from	from	ADP
cblr-3009	208	41	the	the	DET
cblr-3009	208	42	interchange	interchange	NOUN
cblr-3009	208	43	fee	fee	NOUN
cblr-3009	208	44	,	,	PUNCT
cblr-3009	208	45	which	which	PRON
cblr-3009	208	46	is	be	AUX
cblr-3009	208	47	a	a	DET
cblr-3009	208	48	payment	payment	NOUN
cblr-3009	208	49	administered	administer	VERB
cblr-3009	208	50	by	by	ADP
cblr-3009	208	51	the	the	DET
cblr-3009	208	52	network	network	NOUN
cblr-3009	208	53	and	and	CCONJ
cblr-3009	208	54	made	make	VERB
cblr-3009	208	55	from	from	ADP
cblr-3009	208	56	the	the	DET
cblr-3009	208	57	merchant	merchant	NOUN
cblr-3009	208	58	's	's	PART
cblr-3009	208	59	bank	bank	NOUN
cblr-3009	208	60	to	to	ADP
cblr-3009	208	61	the	the	DET
cblr-3009	208	62	cardholder	cardholder	NOUN
cblr-3009	208	63	's	's	PART
cblr-3009	208	64	bank	bank	NOUN
cblr-3009	208	65	.	.	PUNCT
cblr-3009	209	1	see	see	VERB
cblr-3009	209	2	,	,	PUNCT
cblr-3009	209	3	e.g.	e.g.	ADV
cblr-3009	209	4	,	,	PUNCT
cblr-3009	209	5	mastercard	mastercard	PROPN
cblr-3009	209	6	inc	inc	PROPN
cblr-3009	209	7	.	.	PROPN
cblr-3009	209	8	,	,	PUNCT
cblr-3009	209	9	annual	annual	ADJ
cblr-3009	209	10	report	report	NOUN
cblr-3009	209	11	(	(	PUNCT
cblr-3009	209	12	form	form	NOUN
cblr-3009	209	13	10	10	NUM
cblr-3009	209	14	-	-	PUNCT
cblr-3009	209	15	k	k	NOUN
cblr-3009	209	16	)	)	PUNCT
cblr-3009	209	17	,	,	PUNCT
cblr-3009	209	18	at	at	ADP
cblr-3009	209	19	2	2	NUM
cblr-3009	209	20	(	(	PUNCT
cblr-3009	209	21	dec	dec	PROPN
cblr-3009	209	22	.	.	PROPN
cblr-3009	209	23	31	31	NUM
cblr-3009	209	24	,	,	PUNCT
cblr-3009	209	25	2004	2004	NUM
cblr-3009	209	26	)	)	PUNCT
cblr-3009	209	27	,	,	PUNCT
cblr-3009	209	28	available	available	ADJ
cblr-3009	209	29	at	at	ADP
cblr-3009	209	30	http://www.mastercardinternational.com/corporate/	http://www.mastercardinternational.com/corporate/	ADV
cblr-3009	209	31	corpstat.html	corpstat.html	PROPN
cblr-3009	209	32	.	.	PUNCT
cblr-3009	210	1	(	(	PUNCT
cblr-3009	210	2	"	"	PUNCT
cblr-3009	210	3	generally	generally	ADV
cblr-3009	210	4	,	,	PUNCT
cblr-3009	210	5	interchange	interchange	NOUN
cblr-3009	210	6	fees	fee	NOUN
cblr-3009	210	7	are	be	AUX
cblr-3009	210	8	paid	pay	VERB
cblr-3009	210	9	by	by	ADP
cblr-3009	210	10	acquirers	acquirer	NOUN
cblr-3009	210	11	to	to	ADP
cblr-3009	210	12	issuers	issuer	NOUN
cblr-3009	210	13	in	in	ADP
cblr-3009	210	14	connection	connection	NOUN
cblr-3009	210	15	with	with	ADP
cblr-3009	210	16	transactions	transaction	NOUN
cblr-3009	210	17	initiated	initiate	VERB
cblr-3009	210	18	with	with	ADP
cblr-3009	210	19	our	our	PRON
cblr-3009	210	20	cards	card	NOUN
cblr-3009	210	21	.	.	PUNCT
cblr-3009	211	1	these	these	DET
cblr-3009	211	2	fees	fee	NOUN
cblr-3009	211	3	no	no	INTJ
cblr-3009	211	4	.	.	PUNCT
cblr-3009	212	1	3:617	3:617	NUM
cblr-3009	212	2	]	]	X
cblr-3009	212	3	columbia	columbia	PROPN
cblr-3009	212	4	business	business	PROPN
cblr-3009	212	5	law	law	PROPN
cblr-3009	212	6	review	review	VERB
cblr-3009	212	7	their	their	PRON
cblr-3009	212	8	respective	respective	ADJ
cblr-3009	212	9	banks	bank	NOUN
cblr-3009	212	10	)	)	PUNCT
cblr-3009	212	11	participate	participate	VERB
cblr-3009	212	12	in	in	ADP
cblr-3009	212	13	each	each	DET
cblr-3009	212	14	transaction	transaction	NOUN
cblr-3009	212	15	,	,	PUNCT
cblr-3009	212	16	there	there	PRON
cblr-3009	212	17	are	be	VERB
cblr-3009	212	18	two	two	NUM
cblr-3009	212	19	"	"	PUNCT
cblr-3009	212	20	sides	side	NOUN
cblr-3009	212	21	"	"	PUNCT
cblr-3009	212	22	of	of	ADP
cblr-3009	212	23	each	each	DET
cblr-3009	212	24	transaction	transaction	NOUN
cblr-3009	212	25	that	that	PRON
cblr-3009	212	26	can	can	AUX
cblr-3009	212	27	be	be	AUX
cblr-3009	212	28	charged	charge	VERB
cblr-3009	212	29	fees	fee	NOUN
cblr-3009	212	30	to	to	PART
cblr-3009	212	31	fund	fund	VERB
cblr-3009	212	32	the	the	DET
cblr-3009	212	33	association	association	NOUN
cblr-3009	212	34	's	's	PART
cblr-3009	212	35	costs	cost	NOUN
cblr-3009	212	36	.	.	PUNCT
cblr-3009	213	1	if	if	SCONJ
cblr-3009	213	2	these	these	DET
cblr-3009	213	3	payment	payment	NOUN
cblr-3009	213	4	markets	market	NOUN
cblr-3009	213	5	are	be	AUX
cblr-3009	213	6	two	two	NUM
cblr-3009	213	7	-	-	PUNCT
cblr-3009	213	8	sided	sided	ADJ
cblr-3009	213	9	(	(	PUNCT
cblr-3009	213	10	using	use	VERB
cblr-3009	213	11	the	the	DET
cblr-3009	213	12	rochet	rochet	NOUN
cblr-3009	213	13	and	and	CCONJ
cblr-3009	213	14	tirole	tirole	NOUN
cblr-3009	213	15	definition	definition	NOUN
cblr-3009	213	16	)	)	PUNCT
cblr-3009	213	17	,	,	PUNCT
cblr-3009	213	18	then	then	ADV
cblr-3009	213	19	the	the	DET
cblr-3009	213	20	division	division	NOUN
cblr-3009	213	21	of	of	ADP
cblr-3009	213	22	the	the	DET
cblr-3009	213	23	association	association	NOUN
cblr-3009	213	24	's	's	PART
cblr-3009	213	25	own	own	ADJ
cblr-3009	213	26	costs	cost	NOUN
cblr-3009	213	27	between	between	ADP
cblr-3009	213	28	the	the	DET
cblr-3009	213	29	two	two	NUM
cblr-3009	213	30	sides	side	NOUN
cblr-3009	213	31	will	will	AUX
cblr-3009	213	32	have	have	VERB
cblr-3009	213	33	real	real	ADJ
cblr-3009	213	34	allocative	allocative	ADJ
cblr-3009	213	35	effects	effect	NOUN
cblr-3009	213	36	.	.	PUNCT
cblr-3009	214	1	for	for	ADP
cblr-3009	214	2	the	the	DET
cblr-3009	214	3	sake	sake	NOUN
cblr-3009	214	4	of	of	ADP
cblr-3009	214	5	simplicity	simplicity	NOUN
cblr-3009	214	6	,	,	PUNCT
cblr-3009	214	7	suppose	suppose	VERB
cblr-3009	214	8	that	that	SCONJ
cblr-3009	214	9	credit	credit	NOUN
cblr-3009	214	10	cards	card	NOUN
cblr-3009	214	11	are	be	AUX
cblr-3009	214	12	the	the	DET
cblr-3009	214	13	only	only	ADJ
cblr-3009	214	14	means	mean	NOUN
cblr-3009	214	15	of	of	ADP
cblr-3009	214	16	payment	payment	NOUN
cblr-3009	214	17	(	(	PUNCT
cblr-3009	214	18	as	as	SCONJ
cblr-3009	214	19	is	be	AUX
cblr-3009	214	20	largely	largely	ADV
cblr-3009	214	21	the	the	DET
cblr-3009	214	22	case	case	NOUN
cblr-3009	214	23	with	with	ADP
cblr-3009	214	24	respect	respect	NOUN
cblr-3009	214	25	to	to	ADP
cblr-3009	214	26	some	some	DET
cblr-3009	214	27	internet	internet	NOUN
cblr-3009	214	28	merchants	merchant	NOUN
cblr-3009	214	29	)	)	PUNCT
cblr-3009	214	30	.	.	PUNCT
cblr-3009	215	1	to	to	PART
cblr-3009	215	2	cover	cover	VERB
cblr-3009	215	3	the	the	DET
cblr-3009	215	4	network	network	NOUN
cblr-3009	215	5	costs	cost	NOUN
cblr-3009	215	6	,	,	PUNCT
cblr-3009	215	7	visa	visa	NOUN
cblr-3009	215	8	(	(	PUNCT
cblr-3009	215	9	and	and	CCONJ
cblr-3009	215	10	its	its	PRON
cblr-3009	215	11	bank	bank	NOUN
cblr-3009	215	12	members	member	NOUN
cblr-3009	215	13	)	)	PUNCT
cblr-3009	215	14	could	could	AUX
cblr-3009	215	15	charge	charge	VERB
cblr-3009	215	16	a	a	DET
cblr-3009	215	17	fee	fee	NOUN
cblr-3009	215	18	to	to	ADP
cblr-3009	215	19	the	the	DET
cblr-3009	215	20	merchant	merchant	NOUN
cblr-3009	215	21	and/or	and/or	CCONJ
cblr-3009	215	22	the	the	DET
cblr-3009	215	23	purchaser	purchaser	NOUN
cblr-3009	215	24	.	.	PUNCT
cblr-3009	216	1	the	the	DET
cblr-3009	216	2	final	final	ADJ
cblr-3009	216	3	equilibrium	equilibrium	NOUN
cblr-3009	216	4	could	could	AUX
cblr-3009	216	5	depend	depend	VERB
cblr-3009	216	6	on	on	ADP
cblr-3009	216	7	how	how	SCONJ
cblr-3009	216	8	the	the	DET
cblr-3009	216	9	fees	fee	NOUN
cblr-3009	216	10	are	be	AUX
cblr-3009	216	11	allocated	allocate	VERB
cblr-3009	216	12	between	between	ADP
cblr-3009	216	13	the	the	DET
cblr-3009	216	14	two	two	NUM
cblr-3009	216	15	sides	side	NOUN
cblr-3009	216	16	.	.	PUNCT
cblr-3009	216	17	"	"	PUNCT
cblr-3009	217	1	if	if	SCONJ
cblr-3009	217	2	so	so	ADV
cblr-3009	217	3	,	,	PUNCT
cblr-3009	217	4	the	the	DET
cblr-3009	217	5	market	market	NOUN
cblr-3009	217	6	is	be	AUX
cblr-3009	217	7	two	two	NUM
cblr-3009	217	8	-	-	PUNCT
cblr-3009	217	9	sided	sided	ADJ
cblr-3009	217	10	,	,	PUNCT
cblr-3009	217	11	and	and	CCONJ
cblr-3009	217	12	the	the	DET
cblr-3009	217	13	allocation	allocation	NOUN
cblr-3009	217	14	of	of	ADP
cblr-3009	217	15	network	network	NOUN
cblr-3009	217	16	fees	fee	NOUN
cblr-3009	217	17	between	between	ADP
cblr-3009	217	18	the	the	DET
cblr-3009	217	19	two	two	NUM
cblr-3009	217	20	sides	side	NOUN
cblr-3009	217	21	affects	affect	VERB
cblr-3009	217	22	the	the	DET
cblr-3009	217	23	outcome	outcome	NOUN
cblr-3009	217	24	.	.	PUNCT
cblr-3009	218	1	now	now	ADV
cblr-3009	218	2	suppose	suppose	VERB
cblr-3009	218	3	that	that	SCONJ
cblr-3009	218	4	cash	cash	NOUN
cblr-3009	218	5	represents	represent	VERB
cblr-3009	218	6	another	another	DET
cblr-3009	218	7	payment	payment	NOUN
cblr-3009	218	8	method.29	method.29	NOUN
cblr-3009	218	9	assume	assume	VERB
cblr-3009	218	10	further	far	ADV
cblr-3009	218	11	that	that	SCONJ
cblr-3009	218	12	transaction	transaction	NOUN
cblr-3009	218	13	costs	cost	NOUN
cblr-3009	218	14	preclude	preclude	VERB
cblr-3009	218	15	the	the	DET
cblr-3009	218	16	market	market	NOUN
cblr-3009	218	17	from	from	ADP
cblr-3009	218	18	charging	charge	VERB
cblr-3009	218	19	different	different	ADJ
cblr-3009	218	20	prices	price	NOUN
cblr-3009	218	21	for	for	ADP
cblr-3009	218	22	cash	cash	NOUN
cblr-3009	218	23	and	and	CCONJ
cblr-3009	218	24	credit	credit	NOUN
cblr-3009	218	25	purchases	purchase	NOUN
cblr-3009	218	26	.	.	PUNCT
cblr-3009	219	1	in	in	ADP
cblr-3009	219	2	that	that	DET
cblr-3009	219	3	case	case	NOUN
cblr-3009	219	4	,	,	PUNCT
cblr-3009	219	5	imposing	impose	VERB
cblr-3009	219	6	a	a	DET
cblr-3009	219	7	fee	fee	NOUN
cblr-3009	219	8	on	on	ADP
cblr-3009	219	9	the	the	DET
cblr-3009	219	10	merchant	merchant	NOUN
cblr-3009	219	11	will	will	AUX
cblr-3009	219	12	affect	affect	VERB
cblr-3009	219	13	the	the	DET
cblr-3009	219	14	prices	price	NOUN
cblr-3009	219	15	the	the	DET
cblr-3009	219	16	merchant	merchant	NOUN
cblr-3009	219	17	charges	charge	VERB
cblr-3009	219	18	each	each	DET
cblr-3009	219	19	cash	cash	NOUN
cblr-3009	219	20	and	and	CCONJ
cblr-3009	219	21	credit	credit	NOUN
cblr-3009	219	22	customer	customer	NOUN
cblr-3009	219	23	,	,	PUNCT
cblr-3009	219	24	depending	depend	VERB
cblr-3009	219	25	upon	upon	SCONJ
cblr-3009	219	26	whether	whether	SCONJ
cblr-3009	219	27	the	the	DET
cblr-3009	219	28	network	network	NOUN
cblr-3009	219	29	system	system	NOUN
cblr-3009	219	30	was	be	AUX
cblr-3009	219	31	initially	initially	ADV
cblr-3009	219	32	charging	charge	VERB
cblr-3009	219	33	cardholders	cardholder	NOUN
cblr-3009	219	34	or	or	CCONJ
cblr-3009	219	35	merchants	merchant	NOUN
cblr-3009	219	36	directly	directly	ADV
cblr-3009	219	37	.	.	PUNCT
cblr-3009	220	1	cash	cash	NOUN
cblr-3009	220	2	customers	customer	NOUN
cblr-3009	220	3	would	would	AUX
cblr-3009	220	4	face	face	VERB
cblr-3009	220	5	lower	low	ADJ
cblr-3009	220	6	prices	price	NOUN
cblr-3009	220	7	if	if	SCONJ
cblr-3009	220	8	cardholders	cardholder	NOUN
cblr-3009	220	9	bore	bear	VERB
cblr-3009	220	10	all	all	DET
cblr-3009	220	11	the	the	DET
cblr-3009	220	12	fees	fee	NOUN
cblr-3009	220	13	(	(	PUNCT
cblr-3009	220	14	e.g.	e.g.	ADV
cblr-3009	220	15	,	,	PUNCT
cblr-3009	220	16	through	through	ADP
cblr-3009	220	17	a	a	DET
cblr-3009	220	18	charge	charge	NOUN
cblr-3009	220	19	appearing	appear	VERB
cblr-3009	220	20	at	at	ADP
cblr-3009	220	21	the	the	DET
cblr-3009	220	22	end	end	NOUN
cblr-3009	220	23	of	of	ADP
cblr-3009	220	24	the	the	DET
cblr-3009	220	25	month	month	NOUN
cblr-3009	220	26	on	on	ADP
cblr-3009	220	27	their	their	PRON
cblr-3009	220	28	credit	credit	NOUN
cblr-3009	220	29	card	card	NOUN
cblr-3009	220	30	statements	statement	NOUN
cblr-3009	220	31	)	)	PUNCT
cblr-3009	220	32	than	than	SCONJ
cblr-3009	220	33	if	if	SCONJ
cblr-3009	220	34	merchants	merchant	NOUN
cblr-3009	220	35	were	be	AUX
cblr-3009	220	36	to	to	PART
cblr-3009	220	37	bear	bear	VERB
cblr-3009	220	38	them	they	PRON
cblr-3009	220	39	and	and	CCONJ
cblr-3009	220	40	pass	pass	VERB
cblr-3009	220	41	them	they	PRON
cblr-3009	220	42	on	on	ADP
cblr-3009	220	43	to	to	ADP
cblr-3009	220	44	all	all	DET
cblr-3009	220	45	customers	customer	NOUN
cblr-3009	220	46	by	by	ADP
cblr-3009	220	47	raising	raise	VERB
cblr-3009	220	48	retail	retail	ADJ
cblr-3009	220	49	prices	price	NOUN
cblr-3009	220	50	.	.	PUNCT
cblr-3009	221	1	hence	hence	ADV
cblr-3009	221	2	,	,	PUNCT
cblr-3009	221	3	in	in	ADP
cblr-3009	221	4	this	this	DET
cblr-3009	221	5	scenario	scenario	NOUN
cblr-3009	221	6	,	,	PUNCT
cblr-3009	221	7	the	the	DET
cblr-3009	221	8	market	market	NOUN
cblr-3009	221	9	is	be	AUX
cblr-3009	221	10	two	two	NUM
cblr-3009	221	11	-	-	PUNCT
cblr-3009	221	12	sided	sided	ADJ
cblr-3009	221	13	because	because	SCONJ
cblr-3009	221	14	of	of	ADP
cblr-3009	221	15	the	the	DET
cblr-3009	221	16	transaction	transaction	NOUN
cblr-3009	221	17	costs	cost	NOUN
cblr-3009	221	18	that	that	PRON
cblr-3009	221	19	prevent	prevent	VERB
cblr-3009	221	20	cash	cash	NOUN
cblr-3009	221	21	and	and	CCONJ
cblr-3009	221	22	credit	credit	NOUN
cblr-3009	221	23	retail	retail	NOUN
cblr-3009	221	24	prices	price	NOUN
cblr-3009	221	25	from	from	ADP
cblr-3009	221	26	differing	differ	VERB
cblr-3009	221	27	.	.	PUNCT
cblr-3009	222	1	we	we	PRON
cblr-3009	222	2	are	be	AUX
cblr-3009	222	3	unaware	unaware	ADJ
cblr-3009	222	4	of	of	ADP
cblr-3009	222	5	any	any	DET
cblr-3009	222	6	current	current	ADJ
cblr-3009	222	7	legal	legal	ADJ
cblr-3009	222	8	controversies	controversy	NOUN
cblr-3009	222	9	specifically	specifically	ADV
cblr-3009	222	10	regarding	regard	VERB
cblr-3009	222	11	the	the	DET
cblr-3009	222	12	relative	relative	ADJ
cblr-3009	222	13	allocation	allocation	NOUN
cblr-3009	222	14	of	of	ADP
cblr-3009	222	15	mastercard	mastercard	PROPN
cblr-3009	222	16	are	be	AUX
cblr-3009	222	17	collected	collect	VERB
cblr-3009	222	18	from	from	ADP
cblr-3009	222	19	acquirers	acquirer	NOUN
cblr-3009	222	20	and	and	CCONJ
cblr-3009	222	21	passed	pass	VERB
cblr-3009	222	22	to	to	ADP
cblr-3009	222	23	issuers	issuer	NOUN
cblr-3009	222	24	...	...	PUNCT
cblr-3009	223	1	we	we	PRON
cblr-3009	223	2	administer	administer	VERB
cblr-3009	223	3	the	the	DET
cblr-3009	223	4	collection	collection	NOUN
cblr-3009	223	5	of	of	ADP
cblr-3009	223	6	[	[	X
cblr-3009	223	7	interchange	interchange	NOUN
cblr-3009	223	8	fees	fee	NOUN
cblr-3009	223	9	]	]	PUNCT
cblr-3009	223	10	through	through	ADP
cblr-3009	223	11	the	the	DET
cblr-3009	223	12	settlement	settlement	NOUN
cblr-3009	223	13	process	process	NOUN
cblr-3009	223	14	;	;	PUNCT
cblr-3009	223	15	however	however	ADV
cblr-3009	223	16	,	,	PUNCT
cblr-3009	223	17	we	we	PRON
cblr-3009	223	18	generally	generally	ADV
cblr-3009	223	19	do	do	AUX
cblr-3009	223	20	not	not	PART
cblr-3009	223	21	earn	earn	VERB
cblr-3009	223	22	revenues	revenue	NOUN
cblr-3009	223	23	from	from	ADP
cblr-3009	223	24	them	they	PRON
cblr-3009	223	25	.	.	PUNCT
cblr-3009	223	26	"	"	PUNCT
cblr-3009	223	27	)	)	PUNCT
cblr-3009	223	28	.	.	PUNCT
cblr-3009	224	1	2	2	NUM
cblr-3009	224	2	for	for	ADP
cblr-3009	224	3	example	example	NOUN
cblr-3009	224	4	,	,	PUNCT
cblr-3009	224	5	this	this	PRON
cblr-3009	224	6	could	could	AUX
cblr-3009	224	7	occur	occur	VERB
cblr-3009	224	8	if	if	SCONJ
cblr-3009	224	9	consumers	consumer	NOUN
cblr-3009	224	10	pay	pay	VERB
cblr-3009	224	11	less	less	ADJ
cblr-3009	224	12	attention	attention	NOUN
cblr-3009	224	13	to	to	ADP
cblr-3009	224	14	fees	fee	NOUN
cblr-3009	224	15	that	that	PRON
cblr-3009	224	16	appear	appear	VERB
cblr-3009	224	17	on	on	ADP
cblr-3009	224	18	their	their	PRON
cblr-3009	224	19	bank	bank	NOUN
cblr-3009	224	20	statement	statement	NOUN
cblr-3009	224	21	than	than	SCONJ
cblr-3009	224	22	they	they	PRON
cblr-3009	224	23	do	do	VERB
cblr-3009	224	24	to	to	ADP
cblr-3009	224	25	prices	price	NOUN
cblr-3009	224	26	posted	post	VERB
cblr-3009	224	27	by	by	ADP
cblr-3009	224	28	the	the	DET
cblr-3009	224	29	retailer	retailer	NOUN
cblr-3009	224	30	.	.	PUNCT
cblr-3009	225	1	29	29	NUM
cblr-3009	225	2	for	for	ADP
cblr-3009	225	3	simplicity	simplicity	NOUN
cblr-3009	225	4	,	,	PUNCT
cblr-3009	225	5	we	we	PRON
cblr-3009	225	6	use	use	VERB
cblr-3009	225	7	"	"	PUNCT
cblr-3009	225	8	cash	cash	NOUN
cblr-3009	225	9	"	"	PUNCT
cblr-3009	225	10	to	to	PART
cblr-3009	225	11	represent	represent	VERB
cblr-3009	225	12	cash	cash	NOUN
cblr-3009	225	13	as	as	ADV
cblr-3009	225	14	well	well	ADV
cblr-3009	225	15	as	as	ADP
cblr-3009	225	16	other	other	ADJ
cblr-3009	225	17	means	mean	NOUN
cblr-3009	225	18	of	of	ADP
cblr-3009	225	19	payment	payment	NOUN
cblr-3009	225	20	that	that	PRON
cblr-3009	225	21	are	be	AUX
cblr-3009	225	22	less	less	ADV
cblr-3009	225	23	costly	costly	ADJ
cblr-3009	225	24	to	to	ADP
cblr-3009	225	25	the	the	DET
cblr-3009	225	26	merchant	merchant	NOUN
cblr-3009	225	27	than	than	ADP
cblr-3009	225	28	credit	credit	NOUN
cblr-3009	225	29	cards	card	NOUN
cblr-3009	225	30	,	,	PUNCT
cblr-3009	225	31	such	such	ADJ
cblr-3009	225	32	as	as	ADP
cblr-3009	225	33	checks	check	NOUN
cblr-3009	225	34	and	and	CCONJ
cblr-3009	225	35	pin	pin	NOUN
cblr-3009	225	36	debit	debit	NOUN
cblr-3009	225	37	cards	card	NOUN
cblr-3009	225	38	.	.	PUNCT
cblr-3009	226	1	[	[	X
cblr-3009	226	2	vol	vol	NOUN
cblr-3009	226	3	.	.	PUNCT
cblr-3009	226	4	2005	2005	NUM
cblr-3009	226	5	transaction	transaction	NOUN
cblr-3009	226	6	costs	cost	NOUN
cblr-3009	226	7	and	and	CCONJ
cblr-3009	226	8	externalities	externality	NOUN
cblr-3009	226	9	or	or	CCONJ
cblr-3009	226	10	visa	visa	NOUN
cblr-3009	226	11	network	network	NOUN
cblr-3009	226	12	fees	fee	NOUN
cblr-3009	226	13	(	(	PUNCT
cblr-3009	226	14	as	as	ADP
cblr-3009	226	15	distinct	distinct	ADJ
cblr-3009	226	16	from	from	ADP
cblr-3009	226	17	interchange	interchange	NOUN
cblr-3009	226	18	fees	fee	NOUN
cblr-3009	226	19	)	)	PUNCT
cblr-3009	226	20	between	between	ADP
cblr-3009	226	21	issuers	issuer	NOUN
cblr-3009	226	22	and	and	CCONJ
cblr-3009	226	23	acquirers	acquirer	NOUN
cblr-3009	226	24	.	.	PUNCT
cblr-3009	226	25	"	"	PUNCT
cblr-3009	227	1	one	one	NUM
cblr-3009	227	2	reason	reason	NOUN
cblr-3009	227	3	may	may	AUX
cblr-3009	227	4	be	be	AUX
cblr-3009	227	5	that	that	SCONJ
cblr-3009	227	6	the	the	DET
cblr-3009	227	7	card	card	NOUN
cblr-3009	227	8	associations	association	NOUN
cblr-3009	227	9	'	'	PART
cblr-3009	227	10	network	network	NOUN
cblr-3009	227	11	costs	cost	NOUN
cblr-3009	227	12	constitute	constitute	VERB
cblr-3009	227	13	a	a	DET
cblr-3009	227	14	relatively	relatively	ADV
cblr-3009	227	15	small	small	ADJ
cblr-3009	227	16	fraction	fraction	NOUN
cblr-3009	227	17	of	of	ADP
cblr-3009	227	18	total	total	ADJ
cblr-3009	227	19	sales	sale	NOUN
cblr-3009	227	20	volume	volume	NOUN
cblr-3009	227	21	.	.	PUNCT
cblr-3009	228	1	mastercard	mastercard	PROPN
cblr-3009	228	2	's	's	PART
cblr-3009	228	3	total	total	ADJ
cblr-3009	228	4	costs	cost	NOUN
cblr-3009	228	5	,	,	PUNCT
cblr-3009	228	6	for	for	ADP
cblr-3009	228	7	example	example	NOUN
cblr-3009	228	8	,	,	PUNCT
cblr-3009	228	9	apparently	apparently	ADV
cblr-3009	228	10	amount	amount	VERB
cblr-3009	228	11	to	to	ADP
cblr-3009	228	12	only	only	ADV
cblr-3009	228	13	about	about	ADV
cblr-3009	228	14	13¢	13¢	NUM
cblr-3009	228	15	per	per	ADP
cblr-3009	228	16	transaction	transaction	NOUN
cblr-3009	228	17	,	,	PUNCT
cblr-3009	228	18	an	an	DET
cblr-3009	228	19	amount	amount	NOUN
cblr-3009	228	20	equal	equal	ADJ
cblr-3009	228	21	to	to	ADP
cblr-3009	228	22	less	less	ADJ
cblr-3009	228	23	than	than	ADP
cblr-3009	228	24	0.19	0.19	NUM
cblr-3009	228	25	%	%	NOUN
cblr-3009	228	26	of	of	ADP
cblr-3009	228	27	the	the	DET
cblr-3009	228	28	average	average	ADJ
cblr-3009	228	29	purchase	purchase	NOUN
cblr-3009	228	30	transaction	transaction	NOUN
cblr-3009	228	31	amount	amount	NOUN
cblr-3009	228	32	of	of	ADP
cblr-3009	228	33	$	$	SYM
cblr-3009	228	34	72.28.31	72.28.31	NOUN
cblr-3009	228	35	in	in	ADP
cblr-3009	228	36	practice	practice	NOUN
cblr-3009	228	37	,	,	PUNCT
cblr-3009	228	38	card	card	NOUN
cblr-3009	228	39	associations	association	NOUN
cblr-3009	228	40	cover	cover	VERB
cblr-3009	228	41	a	a	DET
cblr-3009	228	42	significant	significant	ADJ
cblr-3009	228	43	fraction	fraction	NOUN
cblr-3009	228	44	of	of	ADP
cblr-3009	228	45	their	their	PRON
cblr-3009	228	46	own	own	ADJ
cblr-3009	228	47	network	network	NOUN
cblr-3009	228	48	costs	cost	NOUN
cblr-3009	228	49	due	due	ADJ
cblr-3009	228	50	to	to	ADP
cblr-3009	228	51	acquirers	acquirer	NOUN
cblr-3009	228	52	by	by	ADP
cblr-3009	228	53	charging	charge	VERB
cblr-3009	228	54	merchants	merchant	NOUN
cblr-3009	228	55	.	.	PUNCT
cblr-3009	229	1	b.	b.	PROPN
cblr-3009	230	1	the	the	DET
cblr-3009	230	2	interchange	interchange	NOUN
cblr-3009	230	3	fee	fee	NOUN
cblr-3009	230	4	in	in	ADP
cblr-3009	230	5	addition	addition	NOUN
cblr-3009	230	6	to	to	ADP
cblr-3009	230	7	the	the	DET
cblr-3009	230	8	fees	fee	NOUN
cblr-3009	230	9	mastercard	mastercard	PROPN
cblr-3009	230	10	and	and	CCONJ
cblr-3009	230	11	visa	visa	NOUN
cblr-3009	230	12	charge	charge	NOUN
cblr-3009	230	13	members	member	NOUN
cblr-3009	230	14	to	to	PART
cblr-3009	230	15	cover	cover	VERB
cblr-3009	230	16	network	network	NOUN
cblr-3009	230	17	costs	cost	NOUN
cblr-3009	230	18	,	,	PUNCT
cblr-3009	230	19	each	each	DET
cblr-3009	230	20	association	association	NOUN
cblr-3009	230	21	also	also	ADV
cblr-3009	230	22	requires	require	VERB
cblr-3009	230	23	that	that	SCONJ
cblr-3009	230	24	,	,	PUNCT
cblr-3009	230	25	in	in	ADP
cblr-3009	230	26	connection	connection	NOUN
cblr-3009	230	27	with	with	ADP
cblr-3009	230	28	each	each	DET
cblr-3009	230	29	transaction	transaction	NOUN
cblr-3009	230	30	,	,	PUNCT
cblr-3009	230	31	the	the	DET
cblr-3009	230	32	merchant	merchant	NOUN
cblr-3009	230	33	's	's	PART
cblr-3009	230	34	acquiring	acquire	VERB
cblr-3009	230	35	bank	bank	NOUN
cblr-3009	230	36	(	(	PUNCT
cblr-3009	230	37	and	and	CCONJ
cblr-3009	230	38	thus	thus	ADV
cblr-3009	230	39	,	,	PUNCT
cblr-3009	230	40	in	in	ADP
cblr-3009	230	41	practice	practice	NOUN
cblr-3009	230	42	,	,	PUNCT
cblr-3009	230	43	the	the	DET
cblr-3009	230	44	merchant	merchant	NOUN
cblr-3009	230	45	)	)	PUNCT
cblr-3009	230	46	pay	pay	VERB
cblr-3009	230	47	an	an	DET
cblr-3009	230	48	"	"	PUNCT
cblr-3009	230	49	interchange	interchange	NOUN
cblr-3009	230	50	fee	fee	NOUN
cblr-3009	230	51	"	"	PUNCT
cblr-3009	230	52	to	to	ADP
cblr-3009	230	53	the	the	DET
cblr-3009	230	54	cardholder	cardholder	NOUN
cblr-3009	230	55	's	's	PART
cblr-3009	230	56	issuing	issue	VERB
cblr-3009	230	57	bank	bank	NOUN
cblr-3009	230	58	.	.	PUNCT
cblr-3009	231	1	the	the	DET
cblr-3009	231	2	interchange	interchange	NOUN
cblr-3009	231	3	fee	fee	NOUN
cblr-3009	231	4	greatly	greatly	ADV
cblr-3009	231	5	exceeds	exceed	VERB
cblr-3009	231	6	the	the	DET
cblr-3009	231	7	magnitude	magnitude	NOUN
cblr-3009	231	8	of	of	ADP
cblr-3009	231	9	fees	fee	NOUN
cblr-3009	231	10	collected	collect	VERB
cblr-3009	231	11	by	by	ADP
cblr-3009	231	12	the	the	DET
cblr-3009	231	13	associations	association	NOUN
cblr-3009	231	14	themselves	themselves	PRON
cblr-3009	231	15	to	to	PART
cblr-3009	231	16	operate	operate	VERB
cblr-3009	231	17	their	their	PRON
cblr-3009	231	18	networks	network	NOUN
cblr-3009	231	19	.	.	PUNCT
cblr-3009	232	1	one	one	NUM
cblr-3009	232	2	analyst	analyst	NOUN
cblr-3009	232	3	recently	recently	ADV
cblr-3009	232	4	estimated	estimate	VERB
cblr-3009	232	5	that	that	SCONJ
cblr-3009	232	6	the	the	DET
cblr-3009	232	7	weighted	weight	VERB
cblr-3009	232	8	-	-	PUNCT
cblr-3009	232	9	average	average	ADJ
cblr-3009	232	10	interchange	interchange	NOUN
cblr-3009	232	11	fee	fee	NOUN
cblr-3009	232	12	on	on	ADP
cblr-3009	232	13	mastercard	mastercard	PROPN
cblr-3009	232	14	and	and	CCONJ
cblr-3009	232	15	visa	visa	NOUN
cblr-3009	232	16	card	card	NOUN
cblr-3009	232	17	transactions	transaction	NOUN
cblr-3009	232	18	is	be	AUX
cblr-3009	232	19	1.75%-and	1.75%-and	PROPN
cblr-3009	232	20	rising.2	rising.2	NOUN
cblr-3009	232	21	the	the	DET
cblr-3009	232	22	level	level	NOUN
cblr-3009	232	23	of	of	ADP
cblr-3009	232	24	credit	credit	NOUN
cblr-3009	232	25	card	card	NOUN
cblr-3009	232	26	interchange	interchange	NOUN
cblr-3009	232	27	fees	fee	NOUN
cblr-3009	232	28	is	be	AUX
cblr-3009	232	29	thus	thus	ADV
cblr-3009	232	30	an	an	DET
cblr-3009	232	31	order	order	NOUN
cblr-3009	232	32	of	of	ADP
cblr-3009	232	33	magnitude	magnitude	NOUN
cblr-3009	232	34	greater	great	ADJ
cblr-3009	232	35	than	than	ADP
cblr-3009	232	36	the	the	DET
cblr-3009	232	37	associations	association	NOUN
cblr-3009	232	38	'	'	PART
cblr-3009	232	39	own	own	ADJ
cblr-3009	232	40	costs	cost	NOUN
cblr-3009	232	41	and	and	CCONJ
cblr-3009	232	42	sufficient	sufficient	ADJ
cblr-3009	232	43	to	to	PART
cblr-3009	232	44	have	have	VERB
cblr-3009	232	45	significant	significant	ADJ
cblr-3009	232	46	allocation	allocation	NOUN
cblr-3009	232	47	effects	effect	NOUN
cblr-3009	232	48	.	.	PUNCT
cblr-3009	233	1	because	because	SCONJ
cblr-3009	233	2	interchange	interchange	NOUN
cblr-3009	233	3	fee	fee	NOUN
cblr-3009	233	4	revenue	revenue	NOUN
cblr-3009	233	5	flows	flow	VERB
cblr-3009	233	6	directly	directly	ADV
cblr-3009	233	7	to	to	PART
cblr-3009	233	8	card	card	VERB
cblr-3009	233	9	issuers	issuer	NOUN
cblr-3009	233	10	and	and	CCONJ
cblr-3009	233	11	greatly	greatly	ADV
cblr-3009	233	12	exceeds	exceed	VERB
cblr-3009	233	13	the	the	DET
cblr-3009	233	14	transaction	transaction	NOUN
cblr-3009	233	15	fees	fee	NOUN
cblr-3009	233	16	that	that	SCONJ
cblr-3009	233	17	the	the	DET
cblr-3009	233	18	30	30	NUM
cblr-3009	233	19	there	there	PRON
cblr-3009	233	20	have	have	AUX
cblr-3009	233	21	been	be	AUX
cblr-3009	233	22	controversies	controversy	NOUN
cblr-3009	233	23	,	,	PUNCT
cblr-3009	233	24	however	however	ADV
cblr-3009	233	25	,	,	PUNCT
cblr-3009	233	26	over	over	ADP
cblr-3009	233	27	the	the	DET
cblr-3009	233	28	manner	manner	NOUN
cblr-3009	233	29	in	in	ADP
cblr-3009	233	30	which	which	PRON
cblr-3009	233	31	the	the	DET
cblr-3009	233	32	associations	association	NOUN
cblr-3009	233	33	collect	collect	VERB
cblr-3009	233	34	and	and	CCONJ
cblr-3009	233	35	disclose	disclose	VERB
cblr-3009	233	36	fees	fee	NOUN
cblr-3009	233	37	to	to	PART
cblr-3009	233	38	finance	finance	VERB
cblr-3009	233	39	their	their	PRON
cblr-3009	233	40	own	own	ADJ
cblr-3009	233	41	network	network	NOUN
cblr-3009	233	42	in	in	ADP
cblr-3009	233	43	connection	connection	NOUN
cblr-3009	233	44	with	with	ADP
cblr-3009	233	45	foreign	foreign	ADJ
cblr-3009	233	46	currency	currency	NOUN
cblr-3009	233	47	transactions	transaction	NOUN
cblr-3009	233	48	.	.	PUNCT
cblr-3009	234	1	in	in	ADP
cblr-3009	234	2	addition	addition	NOUN
cblr-3009	234	3	,	,	PUNCT
cblr-3009	234	4	first	first	ADJ
cblr-3009	234	5	data	datum	NOUN
cblr-3009	234	6	-	-	PUNCT
cblr-3009	234	7	a	a	DET
cblr-3009	234	8	firm	firm	NOUN
cblr-3009	234	9	that	that	PRON
cblr-3009	234	10	processes	process	VERB
cblr-3009	234	11	transactions	transaction	NOUN
cblr-3009	234	12	on	on	ADP
cblr-3009	234	13	behalf	behalf	NOUN
cblr-3009	234	14	of	of	ADP
cblr-3009	234	15	bank	bank	NOUN
cblr-3009	234	16	members	member	NOUN
cblr-3009	234	17	of	of	ADP
cblr-3009	234	18	mastercard	mastercard	PROPN
cblr-3009	234	19	and	and	CCONJ
cblr-3009	234	20	visa	visa	NOUN
cblr-3009	234	21	-	-	PUNCT
cblr-3009	234	22	has	have	AUX
cblr-3009	234	23	alleged	allege	VERB
cblr-3009	234	24	in	in	ADP
cblr-3009	234	25	an	an	DET
cblr-3009	234	26	antitrust	antitrust	ADJ
cblr-3009	234	27	action	action	NOUN
cblr-3009	234	28	that	that	PRON
cblr-3009	234	29	visa	visa	NOUN
cblr-3009	234	30	violated	violate	VERB
cblr-3009	234	31	the	the	DET
cblr-3009	234	32	antitrust	antitrust	ADJ
cblr-3009	234	33	laws	law	NOUN
cblr-3009	234	34	when	when	SCONJ
cblr-3009	234	35	it	it	PRON
cblr-3009	234	36	"	"	PUNCT
cblr-3009	234	37	required	require	VERB
cblr-3009	234	38	first	first	ADJ
cblr-3009	234	39	data	datum	NOUN
cblr-3009	234	40	's	's	PART
cblr-3009	234	41	customers	customer	NOUN
cblr-3009	234	42	to	to	PART
cblr-3009	234	43	pay	pay	VERB
cblr-3009	234	44	for	for	ADP
cblr-3009	234	45	visa	visa	NOUN
cblr-3009	234	46	's	's	PART
cblr-3009	234	47	network	network	NOUN
cblr-3009	234	48	services	service	NOUN
cblr-3009	234	49	regardless	regardless	ADV
cblr-3009	234	50	of	of	ADP
cblr-3009	234	51	whether	whether	SCONJ
cblr-3009	234	52	the	the	DET
cblr-3009	234	53	customers	customer	NOUN
cblr-3009	234	54	use	use	VERB
cblr-3009	234	55	those	those	DET
cblr-3009	234	56	services	service	NOUN
cblr-3009	234	57	"	"	PUNCT
cblr-3009	234	58	and	and	CCONJ
cblr-3009	234	59	because	because	SCONJ
cblr-3009	234	60	visa	visa	NOUN
cblr-3009	234	61	"	"	PUNCT
cblr-3009	234	62	uses	use	VERB
cblr-3009	234	63	its	its	PRON
cblr-3009	234	64	fee	fee	NOUN
cblr-3009	234	65	structure	structure	NOUN
cblr-3009	234	66	to	to	PART
cblr-3009	234	67	raise	raise	VERB
cblr-3009	234	68	the	the	DET
cblr-3009	234	69	costs	cost	NOUN
cblr-3009	234	70	of	of	ADP
cblr-3009	234	71	rivals	rival	NOUN
cblr-3009	234	72	and	and	CCONJ
cblr-3009	234	73	potential	potential	ADJ
cblr-3009	234	74	rivals	rival	NOUN
cblr-3009	234	75	....	....	PUNCT
cblr-3009	234	76	"	"	PUNCT
cblr-3009	234	77	first	first	PROPN
cblr-3009	234	78	data	data	PROPN
cblr-3009	234	79	co.	co.	PROPN
cblr-3009	234	80	,	,	PUNCT
cblr-3009	234	81	quarterly	quarterly	ADJ
cblr-3009	234	82	report	report	NOUN
cblr-3009	234	83	(	(	PUNCT
cblr-3009	234	84	form	form	NOUN
cblr-3009	234	85	10	10	NUM
cblr-3009	234	86	-	-	PUNCT
cblr-3009	234	87	q	q	NOUN
cblr-3009	234	88	)	)	PUNCT
cblr-3009	234	89	,	,	PUNCT
cblr-3009	234	90	at	at	ADP
cblr-3009	234	91	59	59	NUM
cblr-3009	234	92	(	(	PUNCT
cblr-3009	234	93	september	september	PROPN
cblr-3009	234	94	30	30	NUM
cblr-3009	234	95	,	,	PUNCT
cblr-3009	234	96	2002	2002	NUM
cblr-3009	234	97	)	)	PUNCT
cblr-3009	234	98	.	.	PUNCT
cblr-3009	235	1	3	3	NUM
cblr-3009	235	2	'	'	PART
cblr-3009	235	3	annual	annual	ADJ
cblr-3009	235	4	report	report	NOUN
cblr-3009	235	5	,	,	PUNCT
cblr-3009	235	6	supra	supra	PROPN
cblr-3009	235	7	note	note	PROPN
cblr-3009	235	8	27	27	NUM
cblr-3009	235	9	,	,	PUNCT
cblr-3009	235	10	at	at	ADP
cblr-3009	235	11	45	45	NUM
cblr-3009	235	12	.	.	SYM
cblr-3009	235	13	32	32	NUM
cblr-3009	235	14	ken	ken	PROPN
cblr-3009	235	15	posner	posner	NOUN
cblr-3009	235	16	,	,	PUNCT
cblr-3009	235	17	the	the	DET
cblr-3009	235	18	empire	empire	NOUN
cblr-3009	235	19	strikes	strike	VERB
cblr-3009	235	20	back	back	ADP
cblr-3009	235	21	,	,	PUNCT
cblr-3009	235	22	morgan	morgan	PROPN
cblr-3009	235	23	stanley	stanley	PROPN
cblr-3009	235	24	equity	equity	PROPN
cblr-3009	235	25	res	re	NOUN
cblr-3009	235	26	.	.	PUNCT
cblr-3009	236	1	(	(	PUNCT
cblr-3009	236	2	morgan	morgan	PROPN
cblr-3009	236	3	stanley	stanley	PROPN
cblr-3009	236	4	,	,	PUNCT
cblr-3009	236	5	new	new	PROPN
cblr-3009	236	6	york	york	PROPN
cblr-3009	236	7	)	)	PUNCT
cblr-3009	236	8	,	,	PUNCT
cblr-3009	236	9	mar	mar	PROPN
cblr-3009	236	10	.	.	PROPN
cblr-3009	236	11	8	8	NUM
cblr-3009	236	12	,	,	PUNCT
cblr-3009	236	13	2005	2005	NUM
cblr-3009	236	14	,	,	PUNCT
cblr-3009	236	15	at	at	ADP
cblr-3009	236	16	3	3	NUM
cblr-3009	236	17	.	.	PUNCT
cblr-3009	237	1	no	no	INTJ
cblr-3009	237	2	.	.	PUNCT
cblr-3009	238	1	3:617	3:617	NUM
cblr-3009	238	2	]	]	X
cblr-3009	238	3	issuers	issuer	NOUN
cblr-3009	238	4	pay	pay	VERB
cblr-3009	238	5	to	to	ADP
cblr-3009	238	6	mastercard	mastercard	PROPN
cblr-3009	238	7	or	or	CCONJ
cblr-3009	238	8	visa	visa	NOUN
cblr-3009	238	9	,	,	PUNCT
cblr-3009	238	10	the	the	DET
cblr-3009	238	11	net	net	ADJ
cblr-3009	238	12	effective	effective	ADJ
cblr-3009	238	13	price	price	NOUN
cblr-3009	238	14	charged	charge	VERB
cblr-3009	238	15	to	to	ADP
cblr-3009	238	16	an	an	DET
cblr-3009	238	17	issuing	issue	VERB
cblr-3009	238	18	bank	bank	NOUN
cblr-3009	238	19	for	for	ADP
cblr-3009	238	20	a	a	DET
cblr-3009	238	21	transaction	transaction	NOUN
cblr-3009	238	22	is	be	AUX
cblr-3009	238	23	negative	negative	ADJ
cblr-3009	238	24	:	:	PUNCT
cblr-3009	238	25	on	on	ADP
cblr-3009	238	26	average	average	ADJ
cblr-3009	238	27	,	,	PUNCT
cblr-3009	238	28	the	the	DET
cblr-3009	238	29	card	card	NOUN
cblr-3009	238	30	-	-	PUNCT
cblr-3009	238	31	issuing	issue	VERB
cblr-3009	238	32	bank	bank	NOUN
cblr-3009	238	33	receives	receive	VERB
cblr-3009	238	34	net	net	ADJ
cblr-3009	238	35	fee	fee	NOUN
cblr-3009	238	36	payments	payment	NOUN
cblr-3009	238	37	when	when	SCONJ
cblr-3009	238	38	one	one	NUM
cblr-3009	238	39	of	of	ADP
cblr-3009	238	40	its	its	PRON
cblr-3009	238	41	cardholders	cardholder	NOUN
cblr-3009	238	42	makes	make	VERB
cblr-3009	238	43	a	a	DET
cblr-3009	238	44	purchase	purchase	NOUN
cblr-3009	238	45	with	with	ADP
cblr-3009	238	46	its	its	PRON
cblr-3009	238	47	card	card	NOUN
cblr-3009	238	48	.	.	PUNCT
cblr-3009	239	1	in	in	ADP
cblr-3009	239	2	addition	addition	NOUN
cblr-3009	239	3	,	,	PUNCT
cblr-3009	239	4	many	many	ADJ
cblr-3009	239	5	issuers	issuer	NOUN
cblr-3009	239	6	offer	offer	VERB
cblr-3009	239	7	additional	additional	ADJ
cblr-3009	239	8	perks	perk	NOUN
cblr-3009	239	9	,	,	PUNCT
cblr-3009	239	10	rebates	rebate	NOUN
cblr-3009	239	11	,	,	PUNCT
cblr-3009	239	12	and	and	CCONJ
cblr-3009	239	13	incentive	incentive	NOUN
cblr-3009	239	14	benefits	benefit	NOUN
cblr-3009	239	15	based	base	VERB
cblr-3009	239	16	on	on	ADP
cblr-3009	239	17	card	card	NOUN
cblr-3009	239	18	usage	usage	NOUN
cblr-3009	239	19	;	;	PUNCT
cblr-3009	239	20	these	these	DET
cblr-3009	239	21	perks	perk	NOUN
cblr-3009	239	22	are	be	AUX
cblr-3009	239	23	frequently	frequently	ADV
cblr-3009	239	24	provided	provide	VERB
cblr-3009	239	25	even	even	ADV
cblr-3009	239	26	to	to	ADP
cblr-3009	239	27	cardholders	cardholder	NOUN
cblr-3009	239	28	who	who	PRON
cblr-3009	239	29	never	never	ADV
cblr-3009	239	30	pay	pay	VERB
cblr-3009	239	31	any	any	DET
cblr-3009	239	32	fees	fee	NOUN
cblr-3009	239	33	.	.	PUNCT
cblr-3009	240	1	thus	thus	ADV
cblr-3009	240	2	,	,	PUNCT
cblr-3009	240	3	interchange	interchange	NOUN
cblr-3009	240	4	fees	fee	NOUN
cblr-3009	240	5	are	be	AUX
cblr-3009	240	6	not	not	PART
cblr-3009	240	7	neutral	neutral	ADJ
cblr-3009	240	8	,	,	PUNCT
cblr-3009	240	9	but	but	CCONJ
cblr-3009	240	10	instead	instead	ADV
cblr-3009	240	11	have	have	VERB
cblr-3009	240	12	real	real	ADJ
cblr-3009	240	13	allocation	allocation	NOUN
cblr-3009	240	14	effects	effect	NOUN
cblr-3009	240	15	.	.	PUNCT
cblr-3009	241	1	this	this	PRON
cblr-3009	241	2	is	be	AUX
cblr-3009	241	3	true	true	ADJ
cblr-3009	241	4	partially	partially	ADV
cblr-3009	241	5	because	because	SCONJ
cblr-3009	241	6	in	in	ADP
cblr-3009	241	7	many	many	ADJ
cblr-3009	241	8	cases	case	NOUN
cblr-3009	241	9	there	there	PRON
cblr-3009	241	10	is	be	VERB
cblr-3009	241	11	a	a	DET
cblr-3009	241	12	pooling	pool	VERB
cblr-3009	241	13	equilibrium	equilibrium	NOUN
cblr-3009	241	14	in	in	ADP
cblr-3009	241	15	which	which	PRON
cblr-3009	241	16	cash	cash	NOUN
cblr-3009	241	17	customers	customer	NOUN
cblr-3009	241	18	pay	pay	VERB
cblr-3009	241	19	the	the	DET
cblr-3009	241	20	same	same	ADJ
cblr-3009	241	21	retail	retail	ADJ
cblr-3009	241	22	price	price	NOUN
cblr-3009	241	23	as	as	ADP
cblr-3009	241	24	credit	credit	NOUN
cblr-3009	241	25	card	card	NOUN
cblr-3009	241	26	customers	customer	NOUN
cblr-3009	241	27	.	.	PUNCT
cblr-3009	242	1	if	if	SCONJ
cblr-3009	242	2	the	the	DET
cblr-3009	242	3	interchange	interchange	NOUN
cblr-3009	242	4	fee	fee	NOUN
cblr-3009	242	5	rises	rise	NOUN
cblr-3009	242	6	,	,	PUNCT
cblr-3009	242	7	then	then	ADV
cblr-3009	242	8	merchants	merchant	NOUN
cblr-3009	242	9	raise	raise	VERB
cblr-3009	242	10	retail	retail	ADJ
cblr-3009	242	11	prices	price	NOUN
cblr-3009	242	12	to	to	ADP
cblr-3009	242	13	all	all	DET
cblr-3009	242	14	customers	customer	NOUN
cblr-3009	242	15	.	.	PUNCT
cblr-3009	243	1	the	the	DET
cblr-3009	243	2	interchange	interchange	NOUN
cblr-3009	243	3	fee	fee	NOUN
cblr-3009	243	4	,	,	PUNCT
cblr-3009	243	5	therefore	therefore	ADV
cblr-3009	243	6	,	,	PUNCT
cblr-3009	243	7	has	have	VERB
cblr-3009	243	8	a	a	DET
cblr-3009	243	9	real	real	ADJ
cblr-3009	243	10	effect	effect	NOUN
cblr-3009	243	11	because	because	SCONJ
cblr-3009	243	12	higher	high	ADJ
cblr-3009	243	13	retail	retail	ADJ
cblr-3009	243	14	prices	price	NOUN
cblr-3009	243	15	reduce	reduce	VERB
cblr-3009	243	16	purchases	purchase	NOUN
cblr-3009	243	17	by	by	ADP
cblr-3009	243	18	cash	cash	NOUN
cblr-3009	243	19	customers	customer	NOUN
cblr-3009	243	20	.	.	PUNCT
cblr-3009	244	1	if	if	SCONJ
cblr-3009	244	2	merchants	merchant	NOUN
cblr-3009	244	3	instead	instead	ADV
cblr-3009	244	4	charged	charge	VERB
cblr-3009	244	5	retail	retail	ADJ
cblr-3009	244	6	consumers	consumer	NOUN
cblr-3009	244	7	prices	price	NOUN
cblr-3009	244	8	reflecting	reflect	VERB
cblr-3009	244	9	the	the	DET
cblr-3009	244	10	merchant	merchant	NOUN
cblr-3009	244	11	's	's	PART
cblr-3009	244	12	differential	differential	ADJ
cblr-3009	244	13	costs	cost	NOUN
cblr-3009	244	14	of	of	ADP
cblr-3009	244	15	cash	cash	NOUN
cblr-3009	244	16	versus	versus	ADP
cblr-3009	244	17	credit	credit	NOUN
cblr-3009	244	18	,	,	PUNCT
cblr-3009	244	19	then	then	ADV
cblr-3009	244	20	an	an	DET
cblr-3009	244	21	increase	increase	NOUN
cblr-3009	244	22	in	in	ADP
cblr-3009	244	23	the	the	DET
cblr-3009	244	24	interchange	interchange	NOUN
cblr-3009	244	25	fee	fee	NOUN
cblr-3009	244	26	would	would	AUX
cblr-3009	244	27	have	have	VERB
cblr-3009	244	28	no	no	DET
cblr-3009	244	29	effect	effect	NOUN
cblr-3009	244	30	on	on	ADP
cblr-3009	244	31	cash	cash	NOUN
cblr-3009	244	32	customers	customer	NOUN
cblr-3009	244	33	.	.	PUNCT
cblr-3009	245	1	increasing	increase	VERB
cblr-3009	245	2	interchange	interchange	NOUN
cblr-3009	245	3	fees	fee	NOUN
cblr-3009	245	4	would	would	AUX
cblr-3009	245	5	affect	affect	VERB
cblr-3009	245	6	credit	credit	NOUN
cblr-3009	245	7	card	card	NOUN
cblr-3009	245	8	customers	customer	NOUN
cblr-3009	245	9	,	,	PUNCT
cblr-3009	245	10	but	but	CCONJ
cblr-3009	245	11	the	the	DET
cblr-3009	245	12	issuing	issue	VERB
cblr-3009	245	13	bank	bank	NOUN
cblr-3009	245	14	could	could	AUX
cblr-3009	245	15	offset	offset	VERB
cblr-3009	245	16	the	the	DET
cblr-3009	245	17	higher	high	ADJ
cblr-3009	245	18	price	price	NOUN
cblr-3009	245	19	with	with	ADP
cblr-3009	245	20	a	a	DET
cblr-3009	245	21	rebate	rebate	NOUN
cblr-3009	245	22	resulting	result	VERB
cblr-3009	245	23	from	from	ADP
cblr-3009	245	24	the	the	DET
cblr-3009	245	25	funds	fund	NOUN
cblr-3009	245	26	the	the	DET
cblr-3009	245	27	issuing	issue	VERB
cblr-3009	245	28	bank	bank	NOUN
cblr-3009	245	29	receives	receive	VERB
cblr-3009	245	30	from	from	ADP
cblr-3009	245	31	the	the	DET
cblr-3009	245	32	increased	increase	VERB
cblr-3009	245	33	interchange	interchange	NOUN
cblr-3009	245	34	fee	fee	NOUN
cblr-3009	245	35	.	.	PUNCT
cblr-3009	246	1	if	if	SCONJ
cblr-3009	246	2	so	so	ADV
cblr-3009	246	3	,	,	PUNCT
cblr-3009	246	4	the	the	DET
cblr-3009	246	5	market	market	NOUN
cblr-3009	246	6	would	would	AUX
cblr-3009	246	7	be	be	AUX
cblr-3009	246	8	neutral	neutral	ADJ
cblr-3009	246	9	with	with	ADP
cblr-3009	246	10	respect	respect	NOUN
cblr-3009	246	11	to	to	ADP
cblr-3009	246	12	the	the	DET
cblr-3009	246	13	interchange	interchange	NOUN
cblr-3009	246	14	fee	fee	NOUN
cblr-3009	246	15	.	.	PUNCT
cblr-3009	247	1	merchants	merchant	NOUN
cblr-3009	247	2	,	,	PUNCT
cblr-3009	247	3	however	however	ADV
cblr-3009	247	4	,	,	PUNCT
cblr-3009	247	5	tend	tend	VERB
cblr-3009	247	6	not	not	PART
cblr-3009	247	7	to	to	PART
cblr-3009	247	8	charge	charge	VERB
cblr-3009	247	9	different	different	ADJ
cblr-3009	247	10	prices	price	NOUN
cblr-3009	247	11	based	base	VERB
cblr-3009	247	12	on	on	ADP
cblr-3009	247	13	modest	modest	ADJ
cblr-3009	247	14	differences	difference	NOUN
cblr-3009	247	15	in	in	ADP
cblr-3009	247	16	payment	payment	NOUN
cblr-3009	247	17	method	method	NOUN
cblr-3009	247	18	costs	cost	NOUN
cblr-3009	247	19	because	because	SCONJ
cblr-3009	247	20	of	of	ADP
cblr-3009	247	21	the	the	DET
cblr-3009	247	22	transaction	transaction	NOUN
cblr-3009	247	23	costs	cost	NOUN
cblr-3009	247	24	that	that	PRON
cblr-3009	247	25	would	would	AUX
cblr-3009	247	26	likely	likely	ADV
cblr-3009	247	27	arise	arise	VERB
cblr-3009	247	28	from	from	ADP
cblr-3009	247	29	administering	administer	VERB
cblr-3009	247	30	multi	multi	ADJ
cblr-3009	247	31	-	-	ADJ
cblr-3009	247	32	tiered	tiered	ADJ
cblr-3009	247	33	pricing	pricing	NOUN
cblr-3009	247	34	(	(	PUNCT
cblr-3009	247	35	and	and	CCONJ
cblr-3009	247	36	at	at	ADP
cblr-3009	247	37	least	least	ADJ
cblr-3009	247	38	sometimes	sometimes	ADV
cblr-3009	247	39	because	because	SCONJ
cblr-3009	247	40	of	of	ADP
cblr-3009	247	41	the	the	DET
cblr-3009	247	42	existence	existence	NOUN
cblr-3009	247	43	of	of	ADP
cblr-3009	247	44	legal	legal	ADJ
cblr-3009	247	45	restrictions).34	restrictions).34	NOUN
cblr-3009	247	46	moreover	moreover	ADV
cblr-3009	247	47	,	,	PUNCT
cblr-3009	247	48	mastercard	mastercard	PROPN
cblr-3009	247	49	and	and	CCONJ
cblr-3009	247	50	visa	visa	PROPN
cblr-3009	247	51	enforce	enforce	VERB
cblr-3009	247	52	"	"	PUNCT
cblr-3009	247	53	no	no	DET
cblr-3009	247	54	surcharge	surcharge	NOUN
cblr-3009	247	55	"	"	PUNCT
cblr-3009	247	56	and	and	CCONJ
cblr-3009	247	57	"	"	PUNCT
cblr-3009	247	58	no	no	DET
cblr-3009	247	59	discrimination	discrimination	NOUN
cblr-3009	247	60	"	"	PUNCT
cblr-3009	247	61	rules	rule	NOUN
cblr-3009	247	62	against	against	ADP
cblr-3009	247	63	merchants	merchant	NOUN
cblr-3009	247	64	to	to	PART
cblr-3009	247	65	reinforce	reinforce	VERB
cblr-3009	247	66	a	a	DET
cblr-3009	247	67	pooling	pool	VERB
cblr-3009	247	68	equilibrium	equilibrium	NOUN
cblr-3009	247	69	in	in	ADP
cblr-3009	247	70	which	which	PRON
cblr-3009	247	71	customers	customer	NOUN
cblr-3009	247	72	pay	pay	VERB
cblr-3009	247	73	the	the	DET
cblr-3009	247	74	same	same	ADJ
cblr-3009	247	75	price	price	NOUN
cblr-3009	247	76	'	'	PUNCT
cblr-3009	247	77	alternatively	alternatively	ADV
cblr-3009	247	78	,	,	PUNCT
cblr-3009	247	79	cash	cash	NOUN
cblr-3009	247	80	and	and	CCONJ
cblr-3009	247	81	credit	credit	NOUN
cblr-3009	247	82	card	card	NOUN
cblr-3009	247	83	customers	customer	NOUN
cblr-3009	247	84	could	could	AUX
cblr-3009	247	85	pay	pay	VERB
cblr-3009	247	86	the	the	DET
cblr-3009	247	87	same	same	ADJ
cblr-3009	247	88	retail	retail	ADJ
cblr-3009	247	89	price	price	NOUN
cblr-3009	247	90	,	,	PUNCT
cblr-3009	247	91	but	but	CCONJ
cblr-3009	247	92	the	the	DET
cblr-3009	247	93	credit	credit	NOUN
cblr-3009	247	94	card	card	NOUN
cblr-3009	247	95	customer	customer	NOUN
cblr-3009	247	96	would	would	AUX
cblr-3009	247	97	be	be	AUX
cblr-3009	247	98	charged	charge	VERB
cblr-3009	247	99	the	the	DET
cblr-3009	247	100	interchange	interchange	NOUN
cblr-3009	247	101	fee	fee	NOUN
cblr-3009	247	102	that	that	PRON
cblr-3009	247	103	appears	appear	VERB
cblr-3009	247	104	on	on	ADP
cblr-3009	247	105	monthly	monthly	ADJ
cblr-3009	247	106	credit	credit	NOUN
cblr-3009	247	107	card	card	NOUN
cblr-3009	247	108	statements	statement	NOUN
cblr-3009	247	109	.	.	PUNCT
cblr-3009	248	1	"	"	PUNCT
cblr-3009	248	2	4	4	NUM
cblr-3009	248	3	see	see	VERB
cblr-3009	248	4	alan	alan	PROPN
cblr-3009	248	5	s.	s.	PROPN
cblr-3009	248	6	frankel	frankel	PROPN
cblr-3009	248	7	,	,	PUNCT
cblr-3009	248	8	monopoly	monopoly	NOUN
cblr-3009	248	9	and	and	CCONJ
cblr-3009	248	10	competition	competition	NOUN
cblr-3009	248	11	in	in	ADP
cblr-3009	248	12	the	the	DET
cblr-3009	248	13	supply	supply	NOUN
cblr-3009	248	14	and	and	CCONJ
cblr-3009	248	15	exchange	exchange	NOUN
cblr-3009	248	16	of	of	ADP
cblr-3009	248	17	money	money	NOUN
cblr-3009	248	18	,	,	PUNCT
cblr-3009	248	19	66	66	NUM
cblr-3009	248	20	antitrust	antitrust	ADJ
cblr-3009	248	21	l.j	l.j	PROPN
cblr-3009	248	22	.	.	PROPN
cblr-3009	248	23	313	313	NUM
cblr-3009	248	24	,	,	PUNCT
cblr-3009	248	25	341	341	NUM
cblr-3009	248	26	-	-	SYM
cblr-3009	248	27	49	49	NUM
cblr-3009	248	28	(	(	PUNCT
cblr-3009	248	29	1998	1998	NUM
cblr-3009	248	30	)	)	PUNCT
cblr-3009	248	31	.	.	PUNCT
cblr-3009	249	1	col	col	PROPN
cblr-3009	249	2	umbia	umbia	PROPN
cblr-3009	249	3	b	b	PROPN
cblr-3009	249	4	usiness	usiness	PROPN
cblr-3009	249	5	la	la	PROPN
cblr-3009	249	6	w	w	PROPN
cblr-3009	249	7	re	re	PROPN
cblr-3009	249	8	vie	vie	PROPN
cblr-3009	249	9	w	w	PROPN
cblr-3009	250	1	[	[	X
cblr-3009	250	2	vol	vol	NOUN
cblr-3009	250	3	.	.	PUNCT
cblr-3009	250	4	2005	2005	NUM
cblr-3009	250	5	irrespective	irrespective	ADV
cblr-3009	250	6	of	of	ADP
cblr-3009	250	7	payment	payment	NOUN
cblr-3009	250	8	method	method	NOUN
cblr-3009	250	9	.	.	PUNCT
cblr-3009	251	1	5	5	NUM
cblr-3009	251	2	the	the	DET
cblr-3009	251	3	important	important	ADJ
cblr-3009	251	4	consequence	consequence	NOUN
cblr-3009	251	5	of	of	ADP
cblr-3009	251	6	this	this	DET
cblr-3009	251	7	pooling	pool	VERB
cblr-3009	251	8	equilibrium	equilibrium	NOUN
cblr-3009	251	9	is	be	AUX
cblr-3009	251	10	that	that	SCONJ
cblr-3009	251	11	the	the	DET
cblr-3009	251	12	interchange	interchange	NOUN
cblr-3009	251	13	fee	fee	NOUN
cblr-3009	251	14	imposes	impose	VERB
cblr-3009	251	15	a	a	DET
cblr-3009	251	16	tax	tax	NOUN
cblr-3009	251	17	on	on	ADP
cblr-3009	251	18	cash	cash	NOUN
cblr-3009	251	19	customers	customer	NOUN
cblr-3009	251	20	.	.	PUNCT
cblr-3009	252	1	for	for	ADP
cblr-3009	252	2	example	example	NOUN
cblr-3009	252	3	,	,	PUNCT
cblr-3009	252	4	if	if	SCONJ
cblr-3009	252	5	the	the	DET
cblr-3009	252	6	interchange	interchange	NOUN
cblr-3009	252	7	fee	fee	NOUN
cblr-3009	252	8	rises	rise	VERB
cblr-3009	252	9	by	by	ADP
cblr-3009	252	10	$	$	SYM
cblr-3009	252	11	1	1	NUM
cblr-3009	252	12	,	,	PUNCT
cblr-3009	252	13	and	and	CCONJ
cblr-3009	252	14	half	half	NOUN
cblr-3009	252	15	of	of	ADP
cblr-3009	252	16	a	a	DET
cblr-3009	252	17	merchant	merchant	NOUN
cblr-3009	252	18	's	's	PART
cblr-3009	252	19	customers	customer	NOUN
cblr-3009	252	20	pay	pay	VERB
cblr-3009	252	21	with	with	ADP
cblr-3009	252	22	cash	cash	NOUN
cblr-3009	252	23	and	and	CCONJ
cblr-3009	252	24	the	the	DET
cblr-3009	252	25	other	other	ADJ
cblr-3009	252	26	half	half	ADJ
cblr-3009	252	27	pay	pay	NOUN
cblr-3009	252	28	with	with	ADP
cblr-3009	252	29	credit	credit	NOUN
cblr-3009	252	30	cards	card	NOUN
cblr-3009	252	31	,	,	PUNCT
cblr-3009	252	32	then	then	ADV
cblr-3009	252	33	the	the	DET
cblr-3009	252	34	merchant	merchant	NOUN
cblr-3009	252	35	would	would	AUX
cblr-3009	252	36	have	have	VERB
cblr-3009	252	37	to	to	PART
cblr-3009	252	38	raise	raise	VERB
cblr-3009	252	39	retail	retail	ADJ
cblr-3009	252	40	prices	price	NOUN
cblr-3009	252	41	to	to	ADP
cblr-3009	252	42	all	all	DET
cblr-3009	252	43	customers	customer	NOUN
cblr-3009	252	44	by	by	ADP
cblr-3009	252	45	$	$	SYM
cblr-3009	252	46	0.50	0.50	NUM
cblr-3009	252	47	to	to	PART
cblr-3009	252	48	cover	cover	VERB
cblr-3009	252	49	its	its	PRON
cblr-3009	252	50	increased	increase	VERB
cblr-3009	252	51	costs	cost	NOUN
cblr-3009	252	52	.	.	PUNCT
cblr-3009	253	1	the	the	DET
cblr-3009	253	2	economic	economic	ADJ
cblr-3009	253	3	controversies	controversy	NOUN
cblr-3009	253	4	over	over	ADP
cblr-3009	253	5	interchange	interchange	NOUN
cblr-3009	253	6	fees	fee	NOUN
cblr-3009	253	7	center	center	NOUN
cblr-3009	253	8	on	on	ADP
cblr-3009	253	9	whether	whether	SCONJ
cblr-3009	253	10	the	the	DET
cblr-3009	253	11	real	real	ADJ
cblr-3009	253	12	allocation	allocation	NOUN
cblr-3009	253	13	effects	effect	NOUN
cblr-3009	253	14	generated	generate	VERB
cblr-3009	253	15	by	by	ADP
cblr-3009	253	16	interchange	interchange	NOUN
cblr-3009	253	17	fees	fee	NOUN
cblr-3009	253	18	and	and	CCONJ
cblr-3009	253	19	associated	associate	VERB
cblr-3009	253	20	vertical	vertical	ADJ
cblr-3009	253	21	restrictions	restriction	NOUN
cblr-3009	253	22	on	on	ADP
cblr-3009	253	23	pricing	pricing	NOUN
cblr-3009	253	24	correct	correct	VERB
cblr-3009	253	25	an	an	DET
cblr-3009	253	26	underlying	underlie	VERB
cblr-3009	253	27	externality	externality	NOUN
cblr-3009	253	28	that	that	PRON
cblr-3009	253	29	otherwise	otherwise	ADV
cblr-3009	253	30	would	would	AUX
cblr-3009	253	31	result	result	VERB
cblr-3009	253	32	in	in	ADP
cblr-3009	253	33	inefficiency	inefficiency	NOUN
cblr-3009	253	34	or	or	CCONJ
cblr-3009	253	35	rather	rather	ADV
cblr-3009	253	36	cause	cause	VERB
cblr-3009	253	37	such	such	ADJ
cblr-3009	253	38	inefficiencies	inefficiency	NOUN
cblr-3009	253	39	(	(	PUNCT
cblr-3009	253	40	and	and	CCONJ
cblr-3009	253	41	wealth	wealth	NOUN
cblr-3009	253	42	transfers	transfer	NOUN
cblr-3009	253	43	)	)	PUNCT
cblr-3009	253	44	.	.	PUNCT
cblr-3009	254	1	the	the	DET
cblr-3009	254	2	remainder	remainder	NOUN
cblr-3009	254	3	of	of	ADP
cblr-3009	254	4	this	this	DET
cblr-3009	254	5	section	section	NOUN
cblr-3009	254	6	describes	describe	VERB
cblr-3009	254	7	how	how	SCONJ
cblr-3009	254	8	these	these	DET
cblr-3009	254	9	controversies	controversy	NOUN
cblr-3009	254	10	relate	relate	VERB
cblr-3009	254	11	to	to	ADP
cblr-3009	254	12	the	the	DET
cblr-3009	254	13	twosided	twoside	VERB
cblr-3009	254	14	market	market	NOUN
cblr-3009	254	15	framework	framework	NOUN
cblr-3009	254	16	and	and	CCONJ
cblr-3009	254	17	poses	pose	VERB
cblr-3009	254	18	some	some	PRON
cblr-3009	254	19	of	of	ADP
cblr-3009	254	20	the	the	DET
cblr-3009	254	21	questions	question	NOUN
cblr-3009	254	22	raised	raise	VERB
cblr-3009	254	23	by	by	ADP
cblr-3009	254	24	mastercard	mastercard	PROPN
cblr-3009	254	25	's	's	PART
cblr-3009	254	26	and	and	CCONJ
cblr-3009	254	27	visa	visa	NOUN
cblr-3009	254	28	's	's	PART
cblr-3009	254	29	collectively	collectively	ADV
cblr-3009	254	30	set	set	VERB
cblr-3009	254	31	policies	policy	NOUN
cblr-3009	254	32	.	.	PUNCT
cblr-3009	255	1	c.	c.	NOUN
cblr-3009	255	2	usage	usage	NOUN
cblr-3009	255	3	and	and	CCONJ
cblr-3009	255	4	membership	membership	NOUN
cblr-3009	255	5	externalities	externality	NOUN
cblr-3009	255	6	baxter	baxter	PROPN
cblr-3009	255	7	first	first	ADV
cblr-3009	255	8	described	describe	VERB
cblr-3009	255	9	interchange	interchange	NOUN
cblr-3009	255	10	fees	fee	NOUN
cblr-3009	255	11	as	as	ADP
cblr-3009	255	12	the	the	DET
cblr-3009	255	13	solution	solution	NOUN
cblr-3009	255	14	to	to	ADP
cblr-3009	255	15	the	the	DET
cblr-3009	255	16	externality	externality	NOUN
cblr-3009	255	17	induced	induce	VERB
cblr-3009	255	18	by	by	ADP
cblr-3009	255	19	transaction	transaction	NOUN
cblr-3009	255	20	costs	cost	NOUN
cblr-3009	255	21	.	.	PUNCT
cblr-3009	256	1	6	6	NUM
cblr-3009	256	2	baxter	baxter	NOUN
cblr-3009	256	3	"	"	PUNCT
cblr-3009	256	4	for	for	ADP
cblr-3009	256	5	example	example	NOUN
cblr-3009	256	6	,	,	PUNCT
cblr-3009	256	7	mastercard	mastercard	PROPN
cblr-3009	256	8	rules	rule	NOUN
cblr-3009	256	9	provide	provide	VERB
cblr-3009	256	10	that	that	SCONJ
cblr-3009	256	11	"	"	PUNCT
cblr-3009	256	12	[	[	X
cblr-3009	256	13	a	a	X
cblr-3009	256	14	]	]	X
cblr-3009	256	15	merchant	merchant	NOUN
cblr-3009	256	16	must	must	AUX
cblr-3009	256	17	not	not	PART
cblr-3009	256	18	directly	directly	ADV
cblr-3009	256	19	or	or	CCONJ
cblr-3009	256	20	indirectly	indirectly	ADV
cblr-3009	256	21	require	require	VERB
cblr-3009	256	22	any	any	DET
cblr-3009	256	23	mastercard	mastercard	NOUN
cblr-3009	256	24	cardholder	cardholder	VERB
cblr-3009	256	25	to	to	PART
cblr-3009	256	26	pay	pay	VERB
cblr-3009	256	27	a	a	DET
cblr-3009	256	28	surcharge	surcharge	NOUN
cblr-3009	256	29	or	or	CCONJ
cblr-3009	256	30	any	any	DET
cblr-3009	256	31	part	part	NOUN
cblr-3009	256	32	of	of	ADP
cblr-3009	256	33	any	any	DET
cblr-3009	256	34	merchant	merchant	NOUN
cblr-3009	256	35	discount	discount	NOUN
cblr-3009	256	36	or	or	CCONJ
cblr-3009	256	37	any	any	DET
cblr-3009	256	38	contemporaneous	contemporaneous	ADJ
cblr-3009	256	39	finance	finance	NOUN
cblr-3009	256	40	charge	charge	NOUN
cblr-3009	256	41	in	in	ADP
cblr-3009	256	42	connection	connection	NOUN
cblr-3009	256	43	with	with	ADP
cblr-3009	256	44	a	a	DET
cblr-3009	256	45	mastercard	mastercard	NOUN
cblr-3009	256	46	card	card	NOUN
cblr-3009	256	47	transaction	transaction	NOUN
cblr-3009	256	48	.	.	PUNCT
cblr-3009	256	49	"	"	PUNCT
cblr-3009	257	1	mastercard	mastercard	PROPN
cblr-3009	257	2	int'l	int'l	PROPN
cblr-3009	257	3	inc	inc	PROPN
cblr-3009	257	4	.	.	PROPN
cblr-3009	257	5	,	,	PUNCT
cblr-3009	257	6	merchant	merchant	NOUN
cblr-3009	257	7	rules	rule	NOUN
cblr-3009	257	8	manual	manual	NOUN
cblr-3009	257	9	§	§	PROPN
cblr-3009	257	10	9.12	9.12	NUM
cblr-3009	257	11	(	(	PUNCT
cblr-3009	257	12	2005	2005	NUM
cblr-3009	257	13	)	)	PUNCT
cblr-3009	257	14	,	,	PUNCT
cblr-3009	257	15	available	available	ADJ
cblr-3009	257	16	at	at	ADP
cblr-3009	257	17	http://www.mastercardmerchant.com/docs/accept-mastercard/	http://www.mastercardmerchant.com/docs/accept-mastercard/	X
cblr-3009	257	18	merchantrules.pdf	merchantrules.pdf	X
cblr-3009	257	19	.	.	PUNCT
cblr-3009	258	1	moreover	moreover	ADV
cblr-3009	258	2	,	,	PUNCT
cblr-3009	258	3	"	"	PUNCT
cblr-3009	258	4	[	[	X
cblr-3009	258	5	a	a	X
cblr-3009	258	6	]	]	X
cblr-3009	258	7	merchant	merchant	NOUN
cblr-3009	258	8	must	must	AUX
cblr-3009	258	9	not	not	PART
cblr-3009	258	10	engage	engage	VERB
cblr-3009	258	11	in	in	ADP
cblr-3009	258	12	any	any	DET
cblr-3009	258	13	acceptance	acceptance	NOUN
cblr-3009	258	14	practice	practice	NOUN
cblr-3009	258	15	that	that	PRON
cblr-3009	258	16	discriminates	discriminate	VERB
cblr-3009	258	17	against	against	ADP
cblr-3009	258	18	or	or	CCONJ
cblr-3009	258	19	discourages	discourage	VERB
cblr-3009	258	20	the	the	DET
cblr-3009	258	21	use	use	NOUN
cblr-3009	258	22	of	of	ADP
cblr-3009	258	23	mastercard	mastercard	PROPN
cblr-3009	258	24	cards	card	NOUN
cblr-3009	258	25	in	in	ADP
cblr-3009	258	26	favor	favor	NOUN
cblr-3009	258	27	of	of	ADP
cblr-3009	258	28	any	any	DET
cblr-3009	258	29	other	other	ADJ
cblr-3009	258	30	acceptance	acceptance	NOUN
cblr-3009	258	31	brand	brand	NOUN
cblr-3009	258	32	.	.	PUNCT
cblr-3009	258	33	"	"	PUNCT
cblr-3009	259	1	i	i	PRON
cblr-3009	259	2	d.	d.	PROPN
cblr-3009	259	3	visa	visa	PROPN
cblr-3009	259	4	has	have	VERB
cblr-3009	259	5	similar	similar	ADJ
cblr-3009	259	6	rules	rule	NOUN
cblr-3009	259	7	.	.	PUNCT
cblr-3009	260	1	a	a	DET
cblr-3009	260	2	merchant	merchant	NOUN
cblr-3009	260	3	can	can	AUX
cblr-3009	260	4	charge	charge	VERB
cblr-3009	260	5	lower	low	ADJ
cblr-3009	260	6	prices	price	NOUN
cblr-3009	260	7	for	for	ADP
cblr-3009	260	8	cash	cash	NOUN
cblr-3009	260	9	customers	customer	NOUN
cblr-3009	260	10	,	,	PUNCT
cblr-3009	260	11	but	but	CCONJ
cblr-3009	260	12	it	it	PRON
cblr-3009	260	13	can	can	AUX
cblr-3009	260	14	not	not	PART
cblr-3009	260	15	charge	charge	VERB
cblr-3009	260	16	differentially	differentially	ADV
cblr-3009	260	17	among	among	ADP
cblr-3009	260	18	customers	customer	NOUN
cblr-3009	260	19	who	who	PRON
cblr-3009	260	20	use	use	VERB
cblr-3009	260	21	different	different	ADJ
cblr-3009	260	22	brands	brand	NOUN
cblr-3009	260	23	of	of	ADP
cblr-3009	260	24	cards	card	NOUN
cblr-3009	260	25	.	.	PUNCT
cblr-3009	261	1	36	36	NUM
cblr-3009	261	2	baxter	baxter	NOUN
cblr-3009	261	3	,	,	PUNCT
cblr-3009	261	4	supra	supra	PROPN
cblr-3009	261	5	note	note	PROPN
cblr-3009	261	6	1	1	NUM
cblr-3009	261	7	,	,	PUNCT
cblr-3009	261	8	at	at	ADP
cblr-3009	261	9	553	553	NUM
cblr-3009	261	10	n.9	n.9	NOUN
cblr-3009	261	11	(	(	PUNCT
cblr-3009	261	12	"	"	PUNCT
cblr-3009	261	13	in	in	ADP
cblr-3009	261	14	four	four	NUM
cblr-3009	261	15	-	-	PUNCT
cblr-3009	261	16	party	party	NOUN
cblr-3009	261	17	payment	payment	NOUN
cblr-3009	261	18	mechanisms	mechanism	NOUN
cblr-3009	261	19	.	.	PUNCT
cblr-3009	261	20	.	.	PUNCT
cblr-3009	261	21	.	.	PUNCT
cblr-3009	262	1	a	a	DET
cblr-3009	262	2	side	side	NOUN
cblr-3009	262	3	payment	payment	NOUN
cblr-3009	262	4	between	between	ADP
cblr-3009	262	5	[	[	X
cblr-3009	262	6	consumer	consumer	NOUN
cblr-3009	262	7	]	]	PUNCT
cblr-3009	262	8	and	and	CCONJ
cblr-3009	262	9	[	[	X
cblr-3009	262	10	merchant	merchant	NOUN
cblr-3009	262	11	]	]	PUNCT
cblr-3009	262	12	,	,	PUNCT
cblr-3009	262	13	coupled	couple	VERB
cblr-3009	262	14	with	with	ADP
cblr-3009	262	15	payment	payment	NOUN
cblr-3009	262	16	by	by	ADP
cblr-3009	262	17	each	each	DET
cblr-3009	262	18	[	[	X
cblr-3009	262	19	of	of	ADP
cblr-3009	262	20	them	they	PRON
cblr-3009	262	21	]	]	PUNCT
cblr-3009	262	22	to	to	ADP
cblr-3009	262	23	[	[	X
cblr-3009	262	24	issuer	issuer	NOUN
cblr-3009	262	25	and	and	CCONJ
cblr-3009	262	26	acquirer	acquirer	NOUN
cblr-3009	262	27	]	]	X
cblr-3009	262	28	,	,	PUNCT
cblr-3009	262	29	respectively	respectively	ADV
cblr-3009	262	30	,	,	PUNCT
cblr-3009	262	31	in	in	ADP
cblr-3009	262	32	amounts	amount	NOUN
cblr-3009	262	33	equal	equal	ADJ
cblr-3009	262	34	to	to	ADP
cblr-3009	262	35	respective	respective	ADJ
cblr-3009	262	36	bank	bank	NOUN
cblr-3009	262	37	costs	cost	NOUN
cblr-3009	262	38	but	but	CCONJ
cblr-3009	262	39	not	not	PART
cblr-3009	262	40	to	to	ADP
cblr-3009	262	41	respective	respective	ADJ
cblr-3009	262	42	marginal	marginal	ADJ
cblr-3009	262	43	utilities	utility	NOUN
cblr-3009	262	44	of	of	ADP
cblr-3009	262	45	[	[	X
cblr-3009	262	46	consumer	consumer	NOUN
cblr-3009	262	47	]	]	PUNCT
cblr-3009	262	48	and	and	CCONJ
cblr-3009	262	49	[	[	X
cblr-3009	262	50	merchant	merchant	NOUN
cblr-3009	262	51	]	]	PUNCT
cblr-3009	262	52	,	,	PUNCT
cblr-3009	262	53	is	be	AUX
cblr-3009	262	54	theoretically	theoretically	ADV
cblr-3009	262	55	sufficient	sufficient	ADJ
cblr-3009	262	56	to	to	PART
cblr-3009	262	57	attain	attain	VERB
cblr-3009	262	58	equilibrium	equilibrium	NOUN
cblr-3009	262	59	.	.	PUNCT
cblr-3009	263	1	that	that	SCONJ
cblr-3009	263	2	in	in	ADP
cblr-3009	263	3	practice	practice	NOUN
cblr-3009	263	4	side	side	NOUN
cblr-3009	263	5	payments	payment	NOUN
cblr-3009	263	6	between	between	ADP
cblr-3009	263	7	banks	bank	NOUN
cblr-3009	263	8	occur	occur	VERB
cblr-3009	263	9	instead	instead	ADV
cblr-3009	263	10	is	be	AUX
cblr-3009	263	11	strong	strong	ADJ
cblr-3009	263	12	evidence	evidence	NOUN
cblr-3009	263	13	that	that	SCONJ
cblr-3009	263	14	higher	high	ADJ
cblr-3009	263	15	transaction	transaction	NOUN
cblr-3009	263	16	costs	cost	VERB
cblr-3009	263	17	transaction	transaction	NOUN
cblr-3009	263	18	costs	cost	NOUN
cblr-3009	263	19	and	and	CCONJ
cblr-3009	263	20	externalitiesno	externalitiesno	ADJ
cblr-3009	263	21	.	.	PUNCT
cblr-3009	264	1	3:6171	3:6171	NUM
cblr-3009	264	2	postulated	postulate	VERB
cblr-3009	264	3	that	that	SCONJ
cblr-3009	264	4	credit	credit	NOUN
cblr-3009	264	5	card	card	NOUN
cblr-3009	264	6	payments	payment	NOUN
cblr-3009	264	7	saved	save	VERB
cblr-3009	264	8	significant	significant	ADJ
cblr-3009	264	9	transaction	transaction	NOUN
cblr-3009	264	10	costs	cost	NOUN
cblr-3009	264	11	over	over	ADP
cblr-3009	264	12	cash	cash	NOUN
cblr-3009	264	13	and	and	CCONJ
cblr-3009	264	14	check	check	VERB
cblr-3009	264	15	payments	payment	NOUN
cblr-3009	264	16	,	,	PUNCT
cblr-3009	264	17	and	and	CCONJ
cblr-3009	264	18	merchants	merchant	NOUN
cblr-3009	264	19	should	should	AUX
cblr-3009	264	20	therefore	therefore	ADV
cblr-3009	264	21	charge	charge	VERB
cblr-3009	264	22	lower	low	ADJ
cblr-3009	264	23	prices	price	NOUN
cblr-3009	264	24	to	to	ADP
cblr-3009	264	25	credit	credit	NOUN
cblr-3009	264	26	card	card	NOUN
cblr-3009	264	27	customers	customer	NOUN
cblr-3009	264	28	in	in	ADP
cblr-3009	264	29	order	order	NOUN
cblr-3009	264	30	to	to	PART
cblr-3009	264	31	encourage	encourage	VERB
cblr-3009	264	32	use	use	NOUN
cblr-3009	264	33	of	of	ADP
cblr-3009	264	34	the	the	DET
cblr-3009	264	35	cards.37	cards.37	NOUN
cblr-3009	264	36	recall	recall	VERB
cblr-3009	264	37	the	the	DET
cblr-3009	264	38	earlier	early	ADJ
cblr-3009	264	39	example	example	NOUN
cblr-3009	264	40	of	of	ADP
cblr-3009	264	41	how	how	SCONJ
cblr-3009	264	42	airlines	airline	NOUN
cblr-3009	264	43	incentivize	incentivize	VERB
cblr-3009	264	44	consumers	consumer	NOUN
cblr-3009	264	45	to	to	PART
cblr-3009	264	46	use	use	VERB
cblr-3009	264	47	the	the	DET
cblr-3009	264	48	internet	internet	NOUN
cblr-3009	264	49	to	to	PART
cblr-3009	264	50	purchase	purchase	VERB
cblr-3009	264	51	tickets	ticket	NOUN
cblr-3009	264	52	.	.	PUNCT
cblr-3009	265	1	but	but	CCONJ
cblr-3009	265	2	,	,	PUNCT
cblr-3009	265	3	unlike	unlike	ADP
cblr-3009	265	4	the	the	DET
cblr-3009	265	5	current	current	ADJ
cblr-3009	265	6	airline	airline	NOUN
cblr-3009	265	7	ticket	ticket	NOUN
cblr-3009	265	8	market	market	NOUN
cblr-3009	265	9	,	,	PUNCT
cblr-3009	265	10	a	a	DET
cblr-3009	265	11	pooling	pool	VERB
cblr-3009	265	12	equilibrium	equilibrium	NOUN
cblr-3009	265	13	persists	persist	VERB
cblr-3009	265	14	in	in	ADP
cblr-3009	265	15	retail	retail	ADJ
cblr-3009	265	16	payment	payment	NOUN
cblr-3009	265	17	systems	system	NOUN
cblr-3009	265	18	because	because	SCONJ
cblr-3009	265	19	merchants	merchant	NOUN
cblr-3009	265	20	find	find	VERB
cblr-3009	265	21	it	it	PRON
cblr-3009	265	22	costly	costly	ADJ
cblr-3009	265	23	to	to	PART
cblr-3009	265	24	charge	charge	VERB
cblr-3009	265	25	consumers	consumer	NOUN
cblr-3009	265	26	different	different	ADJ
cblr-3009	265	27	retail	retail	ADJ
cblr-3009	265	28	prices	price	NOUN
cblr-3009	265	29	depending	depend	VERB
cblr-3009	265	30	on	on	ADP
cblr-3009	265	31	payment	payment	NOUN
cblr-3009	265	32	method	method	NOUN
cblr-3009	265	33	they	they	PRON
cblr-3009	265	34	use	use	VERB
cblr-3009	265	35	.	.	PUNCT
cblr-3009	265	36	"	"	PUNCT
cblr-3009	266	1	baxter	baxter	PROPN
cblr-3009	266	2	concluded	conclude	VERB
cblr-3009	266	3	that	that	SCONJ
cblr-3009	266	4	inadequate	inadequate	ADJ
cblr-3009	266	5	incentives	incentive	NOUN
cblr-3009	266	6	would	would	AUX
cblr-3009	266	7	exist	exist	VERB
cblr-3009	266	8	for	for	SCONJ
cblr-3009	266	9	consumers	consumer	NOUN
cblr-3009	266	10	to	to	PART
cblr-3009	266	11	pay	pay	VERB
cblr-3009	266	12	with	with	ADP
cblr-3009	266	13	credit	credit	NOUN
cblr-3009	266	14	cards	card	NOUN
cblr-3009	266	15	because	because	SCONJ
cblr-3009	266	16	transaction	transaction	NOUN
cblr-3009	266	17	costs	cost	NOUN
cblr-3009	266	18	make	make	VERB
cblr-3009	266	19	it	it	PRON
cblr-3009	266	20	unprofitable	unprofitable	ADJ
cblr-3009	266	21	for	for	SCONJ
cblr-3009	266	22	merchants	merchant	NOUN
cblr-3009	266	23	to	to	PART
cblr-3009	266	24	offer	offer	VERB
cblr-3009	266	25	lower	low	ADJ
cblr-3009	266	26	retail	retail	ADJ
cblr-3009	266	27	prices	price	NOUN
cblr-3009	266	28	for	for	ADP
cblr-3009	266	29	credit	credit	NOUN
cblr-3009	266	30	purchases	purchase	NOUN
cblr-3009	266	31	.	.	PUNCT
cblr-3009	267	1	baxter	baxter	PROPN
cblr-3009	267	2	postulated	postulate	VERB
cblr-3009	267	3	that	that	SCONJ
cblr-3009	267	4	an	an	DET
cblr-3009	267	5	efficient	efficient	ADJ
cblr-3009	267	6	interchange	interchange	NOUN
cblr-3009	267	7	fee	fee	NOUN
cblr-3009	267	8	,	,	PUNCT
cblr-3009	267	9	one	one	NUM
cblr-3009	267	10	that	that	PRON
cblr-3009	267	11	could	could	AUX
cblr-3009	267	12	effectively	effectively	ADV
cblr-3009	267	13	replicate	replicate	VERB
cblr-3009	267	14	the	the	DET
cblr-3009	267	15	discount	discount	NOUN
cblr-3009	267	16	merchants	merchant	NOUN
cblr-3009	267	17	would	would	AUX
cblr-3009	267	18	levy	levy	VERB
cblr-3009	267	19	on	on	ADP
cblr-3009	267	20	credit	credit	NOUN
cblr-3009	267	21	purchases	purchase	NOUN
cblr-3009	267	22	if	if	SCONJ
cblr-3009	267	23	merchants	merchant	NOUN
cblr-3009	267	24	could	could	AUX
cblr-3009	267	25	costlessly	costlessly	ADV
cblr-3009	267	26	implement	implement	VERB
cblr-3009	267	27	such	such	ADJ
cblr-3009	267	28	pricing	pricing	NOUN
cblr-3009	267	29	,	,	PUNCT
cblr-3009	267	30	would	would	AUX
cblr-3009	267	31	solve	solve	VERB
cblr-3009	267	32	this	this	DET
cblr-3009	267	33	problem.39	problem.39	NOUN
cblr-3009	267	34	card	card	NOUN
cblr-3009	267	35	associations	association	NOUN
cblr-3009	267	36	effectively	effectively	ADV
cblr-3009	267	37	transmit	transmit	VERB
cblr-3009	267	38	this	this	DET
cblr-3009	267	39	amount	amount	NOUN
cblr-3009	267	40	from	from	ADP
cblr-3009	267	41	the	the	DET
cblr-3009	267	42	merchant	merchant	NOUN
cblr-3009	267	43	to	to	ADP
cblr-3009	267	44	the	the	DET
cblr-3009	267	45	issuing	issue	VERB
cblr-3009	267	46	bank	bank	NOUN
cblr-3009	267	47	,	,	PUNCT
cblr-3009	267	48	which	which	PRON
cblr-3009	267	49	then	then	ADV
cblr-3009	267	50	rebates	rebate	VERB
cblr-3009	267	51	the	the	DET
cblr-3009	267	52	fee	fee	NOUN
cblr-3009	267	53	to	to	ADP
cblr-3009	267	54	the	the	DET
cblr-3009	267	55	cardholder	cardholder	NOUN
cblr-3009	267	56	-	-	PUNCT
cblr-3009	267	57	assuming	assume	VERB
cblr-3009	267	58	the	the	DET
cblr-3009	267	59	bank	bank	NOUN
cblr-3009	267	60	operates	operate	VERB
cblr-3009	267	61	in	in	ADP
cblr-3009	267	62	a	a	DET
cblr-3009	267	63	perfectly	perfectly	ADV
cblr-3009	267	64	competitive	competitive	ADJ
cblr-3009	267	65	market	market	NOUN
cblr-3009	267	66	.	.	PUNCT
cblr-3009	268	1	for	for	ADP
cblr-3009	268	2	example	example	NOUN
cblr-3009	268	3	,	,	PUNCT
cblr-3009	268	4	if	if	SCONJ
cblr-3009	268	5	the	the	DET
cblr-3009	268	6	merchant	merchant	NOUN
cblr-3009	268	7	wanted	want	VERB
cblr-3009	268	8	to	to	PART
cblr-3009	268	9	charge	charge	VERB
cblr-3009	268	10	cash	cash	NOUN
cblr-3009	268	11	customers	customer	NOUN
cblr-3009	268	12	$	$	SYM
cblr-3009	268	13	10	10	NUM
cblr-3009	268	14	and	and	CCONJ
cblr-3009	268	15	credit	credit	NOUN
cblr-3009	268	16	card	card	NOUN
cblr-3009	268	17	customers	customer	NOUN
cblr-3009	268	18	$	$	SYM
cblr-3009	268	19	9	9	NUM
cblr-3009	268	20	but	but	CCONJ
cblr-3009	268	21	could	could	AUX
cblr-3009	268	22	not	not	PART
cblr-3009	268	23	set	set	VERB
cblr-3009	268	24	different	different	ADJ
cblr-3009	268	25	retail	retail	ADJ
cblr-3009	268	26	prices	price	NOUN
cblr-3009	268	27	due	due	ADJ
cblr-3009	268	28	to	to	ADP
cblr-3009	268	29	transaction	transaction	NOUN
cblr-3009	268	30	costs	cost	NOUN
cblr-3009	268	31	,	,	PUNCT
cblr-3009	268	32	then	then	ADV
cblr-3009	268	33	he	he	PRON
cblr-3009	268	34	could	could	AUX
cblr-3009	268	35	replicate	replicate	VERB
cblr-3009	268	36	that	that	DET
cblr-3009	268	37	outcome	outcome	NOUN
cblr-3009	268	38	by	by	ADP
cblr-3009	268	39	setting	set	VERB
cblr-3009	268	40	the	the	DET
cblr-3009	268	41	retail	retail	ADJ
cblr-3009	268	42	price	price	NOUN
cblr-3009	268	43	to	to	ADP
cblr-3009	268	44	all	all	DET
cblr-3009	268	45	customers	customer	NOUN
cblr-3009	268	46	at	at	ADP
cblr-3009	268	47	$	$	SYM
cblr-3009	268	48	10	10	NUM
cblr-3009	268	49	,	,	PUNCT
cblr-3009	268	50	paying	pay	VERB
cblr-3009	268	51	an	an	DET
cblr-3009	268	52	interchange	interchange	NOUN
cblr-3009	268	53	fee	fee	NOUN
cblr-3009	268	54	of	of	ADP
cblr-3009	268	55	$	$	SYM
cblr-3009	268	56	1	1	NUM
cblr-3009	268	57	to	to	ADP
cblr-3009	268	58	the	the	DET
cblr-3009	268	59	card	card	NOUN
cblr-3009	268	60	-	-	PUNCT
cblr-3009	268	61	issuing	issue	VERB
cblr-3009	268	62	bank	bank	NOUN
cblr-3009	268	63	,	,	PUNCT
cblr-3009	268	64	and	and	CCONJ
cblr-3009	268	65	having	have	VERB
cblr-3009	268	66	the	the	DET
cblr-3009	268	67	issuing	issue	VERB
cblr-3009	268	68	bank	bank	NOUN
cblr-3009	268	69	rebate	rebate	VERB
cblr-3009	268	70	the	the	DET
cblr-3009	268	71	interchange	interchange	NOUN
cblr-3009	268	72	fee	fee	NOUN
cblr-3009	268	73	to	to	ADP
cblr-3009	268	74	the	the	DET
cblr-3009	268	75	credit	credit	NOUN
cblr-3009	268	76	card	card	NOUN
cblr-3009	268	77	customer	customer	NOUN
cblr-3009	268	78	.	.	PUNCT
cblr-3009	269	1	the	the	DET
cblr-3009	269	2	baxter	baxter	NOUN
cblr-3009	269	3	inefficiency	inefficiency	NOUN
cblr-3009	269	4	and	and	CCONJ
cblr-3009	269	5	proposed	propose	VERB
cblr-3009	269	6	efficient	efficient	ADJ
cblr-3009	269	7	interchange	interchange	NOUN
cblr-3009	269	8	fee	fee	NOUN
cblr-3009	269	9	have	have	VERB
cblr-3009	269	10	little	little	ADJ
cblr-3009	269	11	to	to	PART
cblr-3009	269	12	do	do	VERB
cblr-3009	269	13	with	with	ADP
cblr-3009	269	14	common	common	ADJ
cblr-3009	269	15	descriptions	description	NOUN
cblr-3009	269	16	of	of	ADP
cblr-3009	269	17	network	network	NOUN
cblr-3009	269	18	effects	effect	NOUN
cblr-3009	269	19	in	in	ADP
cblr-3009	269	20	payment	payment	NOUN
cblr-3009	269	21	systems	system	NOUN
cblr-3009	269	22	.	.	PUNCT
cblr-3009	270	1	the	the	DET
cblr-3009	270	2	interchange	interchange	NOUN
cblr-3009	270	3	fee	fee	NOUN
cblr-3009	270	4	,	,	PUNCT
cblr-3009	270	5	as	as	SCONJ
cblr-3009	270	6	characterize	characterize	VERB
cblr-3009	270	7	side	side	NOUN
cblr-3009	270	8	payments	payment	NOUN
cblr-3009	270	9	that	that	PRON
cblr-3009	270	10	take	take	VERB
cblr-3009	270	11	the	the	DET
cblr-3009	270	12	form	form	NOUN
cblr-3009	270	13	of	of	ADP
cblr-3009	270	14	price	price	NOUN
cblr-3009	270	15	adjustments	adjustment	NOUN
cblr-3009	270	16	between	between	ADP
cblr-3009	270	17	the	the	DET
cblr-3009	270	18	principals	principal	NOUN
cblr-3009	270	19	.	.	PUNCT
cblr-3009	270	20	"	"	PUNCT
cblr-3009	270	21	)	)	PUNCT
cblr-3009	270	22	.	.	PUNCT
cblr-3009	271	1	37	37	NUM
cblr-3009	272	1	i	i	PRON
cblr-3009	272	2	d.	d.	PROPN
cblr-3009	272	3	s	s	VERB
cblr-3009	272	4	see	see	VERB
cblr-3009	272	5	frankel	frankel	NOUN
cblr-3009	272	6	,	,	PUNCT
cblr-3009	272	7	supra	supra	PROPN
cblr-3009	272	8	note	note	PROPN
cblr-3009	272	9	34	34	NUM
cblr-3009	272	10	,	,	PUNCT
cblr-3009	272	11	at	at	ADP
cblr-3009	272	12	314	314	NUM
cblr-3009	272	13	.	.	PUNCT
cblr-3009	273	1	in	in	ADP
cblr-3009	273	2	fact	fact	NOUN
cblr-3009	273	3	,	,	PUNCT
cblr-3009	273	4	as	as	SCONJ
cblr-3009	273	5	already	already	ADV
cblr-3009	273	6	described	describe	VERB
cblr-3009	273	7	,	,	PUNCT
cblr-3009	273	8	the	the	DET
cblr-3009	273	9	associations	association	NOUN
cblr-3009	273	10	have	have	VERB
cblr-3009	273	11	rules	rule	NOUN
cblr-3009	273	12	that	that	PRON
cblr-3009	273	13	limit	limit	VERB
cblr-3009	273	14	or	or	CCONJ
cblr-3009	273	15	prevent	prevent	VERB
cblr-3009	273	16	merchants	merchant	NOUN
cblr-3009	273	17	from	from	ADP
cblr-3009	273	18	charging	charge	VERB
cblr-3009	273	19	surcharges	surcharge	NOUN
cblr-3009	273	20	to	to	ADP
cblr-3009	273	21	consumers	consumer	NOUN
cblr-3009	273	22	who	who	PRON
cblr-3009	273	23	use	use	VERB
cblr-3009	273	24	the	the	DET
cblr-3009	273	25	associations	association	NOUN
cblr-3009	273	26	'	'	PART
cblr-3009	273	27	cards	card	NOUN
cblr-3009	273	28	to	to	PART
cblr-3009	273	29	complete	complete	VERB
cblr-3009	273	30	transactions	transaction	NOUN
cblr-3009	273	31	.	.	PUNCT
cblr-3009	273	32	"	"	PUNCT
cblr-3009	274	1	see	see	VERB
cblr-3009	274	2	baxter	baxter	PROPN
cblr-3009	274	3	,	,	PUNCT
cblr-3009	274	4	supra	supra	PROPN
cblr-3009	274	5	note	note	PROPN
cblr-3009	274	6	1	1	NUM
cblr-3009	274	7	,	,	PUNCT
cblr-3009	274	8	at	at	ADP
cblr-3009	274	9	553	553	NUM
cblr-3009	274	10	-	-	SYM
cblr-3009	274	11	56	56	NUM
cblr-3009	274	12	.	.	PUNCT
cblr-3009	275	1	col	col	PROPN
cblr-3009	275	2	umbia	umbia	PROPN
cblr-3009	275	3	b	b	PROPN
cblr-3009	275	4	usiness	usiness	PROPN
cblr-3009	275	5	la	la	PROPN
cblr-3009	275	6	w	w	PROPN
cblr-3009	275	7	re	re	PROPN
cblr-3009	275	8	vie	vie	PROPN
cblr-3009	275	9	w	w	PROPN
cblr-3009	276	1	[	[	X
cblr-3009	276	2	vol	vol	NOUN
cblr-3009	276	3	.	.	PUNCT
cblr-3009	276	4	2005	2005	NUM
cblr-3009	276	5	baxter	baxter	PROPN
cblr-3009	276	6	describes	describe	VERB
cblr-3009	276	7	,	,	PUNCT
cblr-3009	276	8	does	do	AUX
cblr-3009	276	9	not	not	PART
cblr-3009	276	10	correct	correct	VERB
cblr-3009	276	11	a	a	DET
cblr-3009	276	12	two	two	NUM
cblr-3009	276	13	-	-	PUNCT
cblr-3009	276	14	sided	sided	ADJ
cblr-3009	276	15	membership	membership	NOUN
cblr-3009	276	16	externality	externality	NOUN
cblr-3009	276	17	,	,	PUNCT
cblr-3009	276	18	but	but	CCONJ
cblr-3009	276	19	rather	rather	ADV
cblr-3009	276	20	a	a	DET
cblr-3009	276	21	usage	usage	NOUN
cblr-3009	276	22	externality	externality	NOUN
cblr-3009	276	23	.	.	PUNCT
cblr-3009	276	24	'	'	PUNCT
cblr-3009	277	1	this	this	DET
cblr-3009	277	2	problem	problem	NOUN
cblr-3009	277	3	is	be	AUX
cblr-3009	277	4	distinct	distinct	ADJ
cblr-3009	277	5	from	from	ADP
cblr-3009	277	6	the	the	DET
cblr-3009	277	7	"	"	PUNCT
cblr-3009	277	8	chicken	chicken	NOUN
cblr-3009	277	9	and	and	CCONJ
cblr-3009	277	10	egg	egg	NOUN
cblr-3009	277	11	"	"	PUNCT
cblr-3009	277	12	problem	problem	NOUN
cblr-3009	277	13	described	describe	VERB
cblr-3009	277	14	earlier	early	ADV
cblr-3009	277	15	,	,	PUNCT
cblr-3009	277	16	and	and	CCONJ
cblr-3009	277	17	it	it	PRON
cblr-3009	277	18	exists	exist	VERB
cblr-3009	277	19	irrespective	irrespective	ADV
cblr-3009	277	20	of	of	ADP
cblr-3009	277	21	network	network	NOUN
cblr-3009	277	22	size	size	NOUN
cblr-3009	277	23	.	.	PUNCT
cblr-3009	278	1	in	in	ADP
cblr-3009	278	2	this	this	DET
cblr-3009	278	3	setting	setting	NOUN
cblr-3009	278	4	,	,	PUNCT
cblr-3009	278	5	the	the	DET
cblr-3009	278	6	interchange	interchange	NOUN
cblr-3009	278	7	fee	fee	NOUN
cblr-3009	278	8	is	be	AUX
cblr-3009	278	9	used	use	VERB
cblr-3009	278	10	to	to	PART
cblr-3009	278	11	replicate	replicate	VERB
cblr-3009	278	12	the	the	DET
cblr-3009	278	13	pricing	pricing	NOUN
cblr-3009	278	14	that	that	PRON
cblr-3009	278	15	would	would	AUX
cblr-3009	278	16	prevail	prevail	VERB
cblr-3009	278	17	in	in	ADP
cblr-3009	278	18	a	a	DET
cblr-3009	278	19	world	world	NOUN
cblr-3009	278	20	of	of	ADP
cblr-3009	278	21	zero	zero	NUM
cblr-3009	278	22	transaction	transaction	NOUN
cblr-3009	278	23	costs	cost	NOUN
cblr-3009	278	24	.	.	PUNCT
cblr-3009	279	1	in	in	ADP
cblr-3009	279	2	addition	addition	NOUN
cblr-3009	279	3	to	to	ADP
cblr-3009	279	4	baxter	baxter	PROPN
cblr-3009	279	5	's	's	PART
cblr-3009	279	6	efficiency	efficiency	NOUN
cblr-3009	279	7	justification	justification	NOUN
cblr-3009	279	8	for	for	ADP
cblr-3009	279	9	an	an	DET
cblr-3009	279	10	interchange	interchange	NOUN
cblr-3009	279	11	fee	fee	NOUN
cblr-3009	279	12	,	,	PUNCT
cblr-3009	279	13	two	two	NUM
cblr-3009	279	14	-	-	PUNCT
cblr-3009	279	15	sided	sided	ADJ
cblr-3009	279	16	market	market	NOUN
cblr-3009	279	17	literature	literature	NOUN
cblr-3009	279	18	propounds	propound	VERB
cblr-3009	279	19	several	several	ADJ
cblr-3009	279	20	justifications	justification	NOUN
cblr-3009	279	21	for	for	ADP
cblr-3009	279	22	collective	collective	ADJ
cblr-3009	279	23	action	action	NOUN
cblr-3009	279	24	related	relate	VERB
cblr-3009	279	25	to	to	ADP
cblr-3009	279	26	interchange	interchange	NOUN
cblr-3009	279	27	fees	fee	NOUN
cblr-3009	279	28	.	.	PUNCT
cblr-3009	280	1	those	those	DET
cblr-3009	280	2	justifications	justification	NOUN
cblr-3009	280	3	typically	typically	ADV
cblr-3009	280	4	rely	rely	VERB
cblr-3009	280	5	on	on	ADP
cblr-3009	280	6	economic	economic	ADJ
cblr-3009	280	7	models	model	NOUN
cblr-3009	280	8	in	in	ADP
cblr-3009	280	9	which	which	PRON
cblr-3009	280	10	externalities	externality	NOUN
cblr-3009	280	11	are	be	AUX
cblr-3009	280	12	assumed	assume	VERB
cblr-3009	280	13	to	to	PART
cblr-3009	280	14	exist	exist	VERB
cblr-3009	280	15	and	and	CCONJ
cblr-3009	280	16	are	be	AUX
cblr-3009	280	17	those	those	PRON
cblr-3009	280	18	that	that	PRON
cblr-3009	280	19	can	can	AUX
cblr-3009	280	20	be	be	AUX
cblr-3009	280	21	corrected	correct	VERB
cblr-3009	280	22	by	by	ADP
cblr-3009	280	23	an	an	DET
cblr-3009	280	24	interchange	interchange	NOUN
cblr-3009	280	25	fee	fee	NOUN
cblr-3009	280	26	.	.	PUNCT
cblr-3009	281	1	for	for	ADP
cblr-3009	281	2	example	example	NOUN
cblr-3009	281	3	,	,	PUNCT
cblr-3009	281	4	rochet	rochet	NOUN
cblr-3009	281	5	and	and	CCONJ
cblr-3009	281	6	tirole	tirole	PROPN
cblr-3009	281	7	assume	assume	VERB
cblr-3009	281	8	that	that	SCONJ
cblr-3009	281	9	individual	individual	ADJ
cblr-3009	281	10	card	card	NOUN
cblr-3009	281	11	issuers	issuer	NOUN
cblr-3009	281	12	possess	possess	VERB
cblr-3009	281	13	market	market	NOUN
cblr-3009	281	14	power.41	power.41	NOUN
cblr-3009	281	15	the	the	DET
cblr-3009	281	16	consequence	consequence	NOUN
cblr-3009	281	17	of	of	ADP
cblr-3009	281	18	market	market	NOUN
cblr-3009	281	19	power	power	NOUN
cblr-3009	281	20	is	be	AUX
cblr-3009	281	21	that	that	SCONJ
cblr-3009	281	22	there	there	PRON
cblr-3009	281	23	is	be	VERB
cblr-3009	281	24	too	too	ADV
cblr-3009	281	25	little	little	ADJ
cblr-3009	281	26	output	output	NOUN
cblr-3009	281	27	of	of	ADP
cblr-3009	281	28	credit	credit	NOUN
cblr-3009	281	29	cards	card	NOUN
cblr-3009	281	30	.	.	PUNCT
cblr-3009	282	1	rochet	rochet	PROPN
cblr-3009	282	2	and	and	CCONJ
cblr-3009	282	3	tirole	tirole	PROPN
cblr-3009	282	4	show	show	VERB
cblr-3009	282	5	that	that	SCONJ
cblr-3009	282	6	an	an	DET
cblr-3009	282	7	interchange	interchange	NOUN
cblr-3009	282	8	fee	fee	NOUN
cblr-3009	282	9	can	can	AUX
cblr-3009	282	10	correct	correct	VERB
cblr-3009	282	11	this	this	DET
cblr-3009	282	12	problem	problem	NOUN
cblr-3009	282	13	by	by	ADP
cblr-3009	282	14	paying	pay	VERB
cblr-3009	282	15	issuing	issue	VERB
cblr-3009	282	16	banks	bank	NOUN
cblr-3009	282	17	to	to	PART
cblr-3009	282	18	expand	expand	VERB
cblr-3009	282	19	output.4	output.4	ADP
cblr-3009	282	20	the	the	DET
cblr-3009	282	21	source	source	NOUN
cblr-3009	282	22	of	of	ADP
cblr-3009	282	23	funds	fund	NOUN
cblr-3009	282	24	,	,	PUNCT
cblr-3009	282	25	however	however	ADV
cblr-3009	282	26	,	,	PUNCT
cblr-3009	282	27	is	be	AUX
cblr-3009	282	28	a	a	DET
cblr-3009	282	29	tax	tax	NOUN
cblr-3009	282	30	on	on	ADP
cblr-3009	282	31	cash	cash	NOUN
cblr-3009	282	32	customers	customer	NOUN
cblr-3009	282	33	.	.	PUNCT
cblr-3009	283	1	in	in	ADP
cblr-3009	283	2	addition	addition	NOUN
cblr-3009	283	3	,	,	PUNCT
cblr-3009	283	4	the	the	DET
cblr-3009	283	5	interchange	interchange	NOUN
cblr-3009	283	6	fees	fee	NOUN
cblr-3009	283	7	are	be	AUX
cblr-3009	283	8	said	say	VERB
cblr-3009	283	9	to	to	PART
cblr-3009	283	10	"	"	PUNCT
cblr-3009	283	11	balance	balance	VERB
cblr-3009	283	12	"	"	PUNCT
cblr-3009	283	13	merchant	merchant	NOUN
cblr-3009	283	14	acceptance	acceptance	NOUN
cblr-3009	283	15	with	with	ADP
cblr-3009	283	16	adequate	adequate	ADJ
cblr-3009	283	17	incentives	incentive	NOUN
cblr-3009	283	18	for	for	SCONJ
cblr-3009	283	19	issuers	issuer	NOUN
cblr-3009	283	20	to	to	PART
cblr-3009	283	21	promote	promote	VERB
cblr-3009	283	22	their	their	PRON
cblr-3009	283	23	cards	card	NOUN
cblr-3009	283	24	at	at	ADP
cblr-3009	283	25	prices	price	NOUN
cblr-3009	283	26	low	low	ADJ
cblr-3009	283	27	enough	enough	ADV
cblr-3009	283	28	to	to	PART
cblr-3009	283	29	induce	induce	VERB
cblr-3009	283	30	cardholder	cardholder	NOUN
cblr-3009	283	31	usage	usage	NOUN
cblr-3009	283	32	.	.	PUNCT
cblr-3009	284	1	d.	d.	PROPN
cblr-3009	284	2	policy	policy	NOUN
cblr-3009	284	3	questions	question	NOUN
cblr-3009	284	4	regarding	regard	VERB
cblr-3009	284	5	interchange	interchange	NOUN
cblr-3009	284	6	fees	fee	NOUN
cblr-3009	284	7	and	and	CCONJ
cblr-3009	284	8	associated	associated	ADJ
cblr-3009	284	9	pricing	pricing	NOUN
cblr-3009	284	10	restrictions	restriction	NOUN
cblr-3009	284	11	as	as	ADP
cblr-3009	284	12	a	a	DET
cblr-3009	284	13	general	general	ADJ
cblr-3009	284	14	matter	matter	NOUN
cblr-3009	284	15	,	,	PUNCT
cblr-3009	284	16	it	it	PRON
cblr-3009	284	17	is	be	AUX
cblr-3009	284	18	prudent	prudent	ADJ
cblr-3009	284	19	to	to	PART
cblr-3009	284	20	carefully	carefully	ADV
cblr-3009	284	21	approach	approach	VERB
cblr-3009	284	22	intervention	intervention	NOUN
cblr-3009	284	23	in	in	ADP
cblr-3009	284	24	the	the	DET
cblr-3009	284	25	operation	operation	NOUN
cblr-3009	284	26	of	of	ADP
cblr-3009	284	27	any	any	DET
cblr-3009	284	28	firm	firm	NOUN
cblr-3009	284	29	.	.	PUNCT
cblr-3009	285	1	mastercard	mastercard	PROPN
cblr-3009	285	2	and	and	CCONJ
cblr-3009	285	3	visa	visa	NOUN
cblr-3009	285	4	,	,	PUNCT
cblr-3009	285	5	on	on	ADP
cblr-3009	285	6	the	the	DET
cblr-3009	285	7	other	other	ADJ
cblr-3009	285	8	hand	hand	NOUN
cblr-3009	285	9	,	,	PUNCT
cblr-3009	285	10	are	be	AUX
cblr-3009	285	11	joint	joint	ADJ
cblr-3009	285	12	ventures	venture	NOUN
cblr-3009	285	13	whose	whose	DET
cblr-3009	285	14	members	member	NOUN
cblr-3009	285	15	40	40	NUM
cblr-3009	285	16	baxter	baxter	NOUN
cblr-3009	285	17	himself	himself	PRON
cblr-3009	285	18	does	do	AUX
cblr-3009	285	19	not	not	PART
cblr-3009	285	20	use	use	VERB
cblr-3009	285	21	the	the	DET
cblr-3009	285	22	term	term	NOUN
cblr-3009	285	23	"	"	PUNCT
cblr-3009	285	24	usage	usage	NOUN
cblr-3009	285	25	externality	externality	NOUN
cblr-3009	285	26	,	,	PUNCT
cblr-3009	285	27	"	"	PUNCT
cblr-3009	285	28	but	but	CCONJ
cblr-3009	285	29	subsequent	subsequent	ADJ
cblr-3009	285	30	authors	author	NOUN
cblr-3009	285	31	(	(	PUNCT
cblr-3009	285	32	such	such	ADJ
cblr-3009	285	33	as	as	ADP
cblr-3009	285	34	rochet	rochet	NOUN
cblr-3009	285	35	and	and	CCONJ
cblr-3009	285	36	tirole	tirole	NOUN
cblr-3009	285	37	)	)	PUNCT
cblr-3009	285	38	have	have	AUX
cblr-3009	285	39	used	use	VERB
cblr-3009	285	40	it	it	PRON
cblr-3009	285	41	to	to	PART
cblr-3009	285	42	describe	describe	VERB
cblr-3009	285	43	baxter	baxter	PROPN
cblr-3009	285	44	's	's	PART
cblr-3009	285	45	insight	insight	NOUN
cblr-3009	285	46	that	that	SCONJ
cblr-3009	285	47	the	the	DET
cblr-3009	285	48	customer	customer	NOUN
cblr-3009	285	49	's	's	PART
cblr-3009	285	50	choice	choice	NOUN
cblr-3009	285	51	of	of	ADP
cblr-3009	285	52	payment	payment	NOUN
cblr-3009	285	53	mechanism	mechanism	NOUN
cblr-3009	285	54	affects	affect	VERB
cblr-3009	285	55	merchant	merchant	NOUN
cblr-3009	285	56	costs	cost	NOUN
cblr-3009	285	57	without	without	ADP
cblr-3009	285	58	those	those	DET
cblr-3009	285	59	costs	cost	NOUN
cblr-3009	285	60	being	be	AUX
cblr-3009	285	61	reflected	reflect	VERB
cblr-3009	285	62	in	in	ADP
cblr-3009	285	63	the	the	DET
cblr-3009	285	64	price	price	NOUN
cblr-3009	285	65	to	to	ADP
cblr-3009	285	66	the	the	DET
cblr-3009	285	67	consumer	consumer	NOUN
cblr-3009	285	68	.	.	PUNCT
cblr-3009	286	1	rochet	rochet	PROPN
cblr-3009	286	2	and	and	CCONJ
cblr-3009	286	3	tirole	tirole	NOUN
cblr-3009	286	4	recognize	recognize	VERB
cblr-3009	286	5	the	the	DET
cblr-3009	286	6	distinction	distinction	NOUN
cblr-3009	286	7	between	between	ADP
cblr-3009	286	8	usage	usage	NOUN
cblr-3009	286	9	and	and	CCONJ
cblr-3009	286	10	membership	membership	NOUN
cblr-3009	286	11	externalities	externality	NOUN
cblr-3009	286	12	and	and	CCONJ
cblr-3009	286	13	analyze	analyze	VERB
cblr-3009	286	14	both	both	PRON
cblr-3009	286	15	of	of	ADP
cblr-3009	286	16	these	these	DET
cblr-3009	286	17	effects	effect	NOUN
cblr-3009	286	18	.	.	PUNCT
cblr-3009	287	1	see	see	VERB
cblr-3009	287	2	rochet	rochet	NOUN
cblr-3009	287	3	&	&	CCONJ
cblr-3009	287	4	tirole	tirole	PROPN
cblr-3009	287	5	,	,	PUNCT
cblr-3009	287	6	supra	supra	PROPN
cblr-3009	287	7	note	note	PROPN
cblr-3009	287	8	1	1	NUM
cblr-3009	287	9	,	,	PUNCT
cblr-3009	287	10	at	at	ADP
cblr-3009	287	11	20	20	NUM
cblr-3009	287	12	.	.	NOUN
cblr-3009	287	13	4	4	NUM
cblr-3009	287	14	'	'	PART
cblr-3009	287	15	jean	jean	PROPN
cblr-3009	287	16	-	-	PUNCT
cblr-3009	287	17	charles	charles	PROPN
cblr-3009	287	18	rochet	rochet	PROPN
cblr-3009	287	19	&	&	CCONJ
cblr-3009	287	20	jean	jean	PROPN
cblr-3009	287	21	tirole	tirole	PROPN
cblr-3009	287	22	,	,	PUNCT
cblr-3009	287	23	cooperation	cooperation	NOUN
cblr-3009	287	24	among	among	ADP
cblr-3009	287	25	competitors	competitor	NOUN
cblr-3009	287	26	:	:	PUNCT
cblr-3009	287	27	some	some	DET
cblr-3009	287	28	economics	economic	NOUN
cblr-3009	287	29	of	of	ADP
cblr-3009	287	30	payment	payment	NOUN
cblr-3009	287	31	card	card	NOUN
cblr-3009	287	32	associations	association	NOUN
cblr-3009	287	33	,	,	PUNCT
cblr-3009	287	34	33	33	NUM
cblr-3009	287	35	rand	rand	NOUN
cblr-3009	287	36	j.	j.	PROPN
cblr-3009	287	37	econ	econ	PROPN
cblr-3009	287	38	.	.	PROPN
cblr-3009	287	39	549	549	NUM
cblr-3009	287	40	,	,	PUNCT
cblr-3009	287	41	552	552	NUM
cblr-3009	287	42	(	(	PUNCT
cblr-3009	287	43	2002	2002	NUM
cblr-3009	287	44	)	)	PUNCT
cblr-3009	287	45	;	;	PUNCT
cblr-3009	287	46	see	see	VERB
cblr-3009	287	47	also	also	ADV
cblr-3009	287	48	richard	richard	PROPN
cblr-3009	287	49	schmalensee	schmalensee	PROPN
cblr-3009	287	50	,	,	PUNCT
cblr-3009	287	51	payment	payment	NOUN
cblr-3009	287	52	systems	system	NOUN
cblr-3009	287	53	and	and	CCONJ
cblr-3009	287	54	interchange	interchange	NOUN
cblr-3009	287	55	fees	fee	NOUN
cblr-3009	287	56	,	,	PUNCT
cblr-3009	287	57	50	50	NUM
cblr-3009	287	58	j.	j.	PROPN
cblr-3009	287	59	indus	indus	PROPN
cblr-3009	287	60	.	.	PUNCT
cblr-3009	288	1	econ	econ	PROPN
cblr-3009	288	2	.	.	PUNCT
cblr-3009	289	1	103	103	NUM
cblr-3009	289	2	(	(	PUNCT
cblr-3009	289	3	2002	2002	NUM
cblr-3009	289	4	)	)	PUNCT
cblr-3009	289	5	.	.	PUNCT
cblr-3009	290	1	42	42	NUM
cblr-3009	290	2	rochet	rochet	PROPN
cblr-3009	290	3	&	&	CCONJ
cblr-3009	290	4	tirole	tirole	PROPN
cblr-3009	290	5	,	,	PUNCT
cblr-3009	290	6	supra	supra	PROPN
cblr-3009	290	7	note	note	PROPN
cblr-3009	290	8	41	41	NUM
cblr-3009	290	9	,	,	PUNCT
cblr-3009	290	10	at	at	ADP
cblr-3009	290	11	559	559	NUM
cblr-3009	290	12	.	.	PUNCT
cblr-3009	291	1	no	no	INTJ
cblr-3009	291	2	.	.	PUNCT
cblr-3009	292	1	3:617	3:617	NUM
cblr-3009	292	2	]	]	X
cblr-3009	292	3	transa	transa	VERB
cblr-3009	292	4	ction	ction	NOUN
cblr-3009	292	5	costs	cost	NOUN
cblr-3009	292	6	and	and	CCONJ
cblr-3009	292	7	externalities	externality	NOUN
cblr-3009	292	8	columbia	columbia	PROPN
cblr-3009	292	9	business	business	PROPN
cblr-3009	292	10	law	law	PROPN
cblr-3009	292	11	review	review	NOUN
cblr-3009	292	12	have	have	VERB
cblr-3009	292	13	collective	collective	ADJ
cblr-3009	292	14	market	market	NOUN
cblr-3009	292	15	power	power	NOUN
cblr-3009	292	16	.	.	PUNCT
cblr-3009	293	1	therefore	therefore	ADV
cblr-3009	293	2	,	,	PUNCT
cblr-3009	293	3	one	one	PRON
cblr-3009	293	4	must	must	AUX
cblr-3009	293	5	ask	ask	VERB
cblr-3009	293	6	whether	whether	SCONJ
cblr-3009	293	7	collective	collective	ADJ
cblr-3009	293	8	actions	action	NOUN
cblr-3009	293	9	concerning	concern	VERB
cblr-3009	293	10	interchange	interchange	NOUN
cblr-3009	293	11	fees	fee	NOUN
cblr-3009	293	12	and	and	CCONJ
cblr-3009	293	13	other	other	ADJ
cblr-3009	293	14	rules	rule	NOUN
cblr-3009	293	15	that	that	PRON
cblr-3009	293	16	affect	affect	VERB
cblr-3009	293	17	retail	retail	ADJ
cblr-3009	293	18	prices	price	NOUN
cblr-3009	293	19	are	be	AUX
cblr-3009	293	20	in	in	ADP
cblr-3009	293	21	the	the	DET
cblr-3009	293	22	public	public	ADJ
cblr-3009	293	23	interest	interest	NOUN
cblr-3009	293	24	,	,	PUNCT
cblr-3009	293	25	or	or	CCONJ
cblr-3009	293	26	whether	whether	SCONJ
cblr-3009	293	27	they	they	PRON
cblr-3009	293	28	are	be	AUX
cblr-3009	293	29	the	the	DET
cblr-3009	293	30	actions	action	NOUN
cblr-3009	293	31	of	of	ADP
cblr-3009	293	32	a	a	DET
cblr-3009	293	33	cartel	cartel	NOUN
cblr-3009	293	34	that	that	PRON
cblr-3009	293	35	harm	harm	VERB
cblr-3009	293	36	the	the	DET
cblr-3009	293	37	public	public	NOUN
cblr-3009	293	38	.	.	PUNCT
cblr-3009	294	1	in	in	ADP
cblr-3009	294	2	this	this	DET
cblr-3009	294	3	section	section	NOUN
cblr-3009	294	4	,	,	PUNCT
cblr-3009	294	5	we	we	PRON
cblr-3009	294	6	pose	pose	VERB
cblr-3009	294	7	a	a	DET
cblr-3009	294	8	series	series	NOUN
cblr-3009	294	9	of	of	ADP
cblr-3009	294	10	questions	question	NOUN
cblr-3009	294	11	that	that	PRON
cblr-3009	294	12	probe	probe	VERB
cblr-3009	294	13	the	the	DET
cblr-3009	294	14	validity	validity	NOUN
cblr-3009	294	15	of	of	ADP
cblr-3009	294	16	some	some	PRON
cblr-3009	294	17	of	of	ADP
cblr-3009	294	18	the	the	DET
cblr-3009	294	19	efficiency	efficiency	NOUN
cblr-3009	294	20	defenses	defense	NOUN
cblr-3009	294	21	offered	offer	VERB
cblr-3009	294	22	for	for	ADP
cblr-3009	294	23	imposing	impose	VERB
cblr-3009	294	24	interchange	interchange	NOUN
cblr-3009	294	25	fees	fee	NOUN
cblr-3009	294	26	in	in	ADP
cblr-3009	294	27	two	two	NUM
cblr-3009	294	28	-	-	PUNCT
cblr-3009	294	29	sided	sided	ADJ
cblr-3009	294	30	markets	market	NOUN
cblr-3009	294	31	.	.	PUNCT
cblr-3009	295	1	1	1	X
cblr-3009	295	2	.	.	X
cblr-3009	295	3	if	if	SCONJ
cblr-3009	295	4	a	a	DET
cblr-3009	295	5	theoretical	theoretical	ADJ
cblr-3009	295	6	model	model	NOUN
cblr-3009	295	7	shows	show	VERB
cblr-3009	295	8	that	that	SCONJ
cblr-3009	295	9	it	it	PRON
cblr-3009	295	10	is	be	AUX
cblr-3009	295	11	possible	possible	ADJ
cblr-3009	295	12	that	that	SCONJ
cblr-3009	295	13	a	a	DET
cblr-3009	295	14	collectively	collectively	ADV
cblr-3009	295	15	fixed	fix	VERB
cblr-3009	295	16	price	price	NOUN
cblr-3009	295	17	(	(	PUNCT
cblr-3009	295	18	in	in	ADP
cblr-3009	295	19	this	this	DET
cblr-3009	295	20	case	case	NOUN
cblr-3009	295	21	,	,	PUNCT
cblr-3009	295	22	interchange	interchange	NOUN
cblr-3009	295	23	fee	fee	NOUN
cblr-3009	295	24	)	)	PUNCT
cblr-3009	295	25	might	might	AUX
cblr-3009	295	26	improve	improve	VERB
cblr-3009	295	27	economic	economic	ADJ
cblr-3009	295	28	efficiency	efficiency	NOUN
cblr-3009	295	29	,	,	PUNCT
cblr-3009	295	30	should	should	AUX
cblr-3009	295	31	that	that	PRON
cblr-3009	295	32	be	be	AUX
cblr-3009	295	33	enough	enough	ADJ
cblr-3009	295	34	to	to	PART
cblr-3009	295	35	justify	justify	VERB
cblr-3009	295	36	the	the	DET
cblr-3009	295	37	practice	practice	NOUN
cblr-3009	295	38	in	in	ADP
cblr-3009	295	39	the	the	DET
cblr-3009	295	40	context	context	NOUN
cblr-3009	295	41	of	of	ADP
cblr-3009	295	42	a	a	DET
cblr-3009	295	43	two	two	NUM
cblr-3009	295	44	-	-	PUNCT
cblr-3009	295	45	sided	sided	ADJ
cblr-3009	295	46	market	market	NOUN
cblr-3009	295	47	,	,	PUNCT
cblr-3009	295	48	even	even	ADV
cblr-3009	295	49	when	when	SCONJ
cblr-3009	295	50	that	that	DET
cblr-3009	295	51	rationale	rationale	NOUN
cblr-3009	295	52	would	would	AUX
cblr-3009	295	53	likely	likely	ADV
cblr-3009	295	54	fail	fail	VERB
cblr-3009	295	55	in	in	ADP
cblr-3009	295	56	a	a	DET
cblr-3009	295	57	standard	standard	ADJ
cblr-3009	295	58	price	price	NOUN
cblr-3009	295	59	-	-	PUNCT
cblr-3009	295	60	fixing	fix	VERB
cblr-3009	295	61	case	case	NOUN
cblr-3009	295	62	?	?	PUNCT
cblr-3009	296	1	for	for	ADP
cblr-3009	296	2	example	example	NOUN
cblr-3009	296	3	,	,	PUNCT
cblr-3009	296	4	rochet	rochet	NOUN
cblr-3009	296	5	and	and	CCONJ
cblr-3009	296	6	tirole	tirole	NOUN
cblr-3009	296	7	show	show	VERB
cblr-3009	296	8	that	that	SCONJ
cblr-3009	296	9	interchange	interchange	NOUN
cblr-3009	296	10	fees	fee	NOUN
cblr-3009	296	11	might	might	AUX
cblr-3009	296	12	achieve	achieve	VERB
cblr-3009	296	13	efficiency	efficiency	NOUN
cblr-3009	296	14	by	by	ADP
cblr-3009	296	15	offsetting	offset	VERB
cblr-3009	296	16	the	the	DET
cblr-3009	296	17	outputreducing	outputreduce	VERB
cblr-3009	296	18	effects	effect	NOUN
cblr-3009	296	19	of	of	ADP
cblr-3009	296	20	unilateral	unilateral	ADJ
cblr-3009	296	21	market	market	NOUN
cblr-3009	296	22	power	power	NOUN
cblr-3009	296	23	exercised	exercise	VERB
cblr-3009	296	24	by	by	ADP
cblr-3009	296	25	card	card	NOUN
cblr-3009	296	26	issuers	issuer	NOUN
cblr-3009	296	27	.	.	PUNCT
cblr-3009	297	1	their	their	PRON
cblr-3009	297	2	model	model	NOUN
cblr-3009	297	3	accords	accord	NOUN
cblr-3009	297	4	credit	credit	NOUN
cblr-3009	297	5	card	card	NOUN
cblr-3009	297	6	issuers	issuer	NOUN
cblr-3009	297	7	with	with	ADP
cblr-3009	297	8	market	market	NOUN
cblr-3009	297	9	power	power	NOUN
cblr-3009	297	10	,	,	PUNCT
cblr-3009	297	11	and	and	CCONJ
cblr-3009	297	12	hence	hence	ADV
cblr-3009	297	13	,	,	PUNCT
cblr-3009	297	14	suggests	suggest	VERB
cblr-3009	297	15	that	that	SCONJ
cblr-3009	297	16	too	too	ADV
cblr-3009	297	17	few	few	ADJ
cblr-3009	297	18	cards	card	NOUN
cblr-3009	297	19	are	be	AUX
cblr-3009	297	20	used.43	used.43	ADJ
cblr-3009	297	21	to	to	PART
cblr-3009	297	22	offset	offset	VERB
cblr-3009	297	23	that	that	DET
cblr-3009	297	24	output	output	NOUN
cblr-3009	297	25	restriction	restriction	NOUN
cblr-3009	297	26	,	,	PUNCT
cblr-3009	297	27	interchange	interchange	NOUN
cblr-3009	297	28	fees	fee	NOUN
cblr-3009	297	29	subsidize	subsidize	VERB
cblr-3009	297	30	the	the	DET
cblr-3009	297	31	issuance	issuance	NOUN
cblr-3009	297	32	of	of	ADP
cblr-3009	297	33	credit	credit	NOUN
cblr-3009	297	34	cards	card	NOUN
cblr-3009	297	35	,	,	PUNCT
cblr-3009	297	36	thereby	thereby	ADV
cblr-3009	297	37	acting	act	VERB
cblr-3009	297	38	like	like	ADP
cblr-3009	297	39	a	a	DET
cblr-3009	297	40	tax	tax	NOUN
cblr-3009	297	41	on	on	ADP
cblr-3009	297	42	cash	cash	NOUN
cblr-3009	297	43	purchases	purchase	NOUN
cblr-3009	297	44	.	.	PUNCT
cblr-3009	298	1	suppose	suppose	VERB
cblr-3009	298	2	instead	instead	ADV
cblr-3009	298	3	that	that	PRON
cblr-3009	298	4	credit	credit	NOUN
cblr-3009	298	5	card	card	NOUN
cblr-3009	298	6	issuers	issuer	NOUN
cblr-3009	298	7	exercised	exercise	VERB
cblr-3009	298	8	a	a	DET
cblr-3009	298	9	cartel	cartel	NOUN
cblr-3009	298	10	within	within	ADP
cblr-3009	298	11	the	the	DET
cblr-3009	298	12	salt	salt	NOUN
cblr-3009	298	13	industry	industry	NOUN
cblr-3009	298	14	(	(	PUNCT
cblr-3009	298	15	i.e.	i.e.	X
cblr-3009	298	16	,	,	PUNCT
cblr-3009	298	17	collected	collect	VERB
cblr-3009	298	18	a	a	DET
cblr-3009	298	19	tax	tax	NOUN
cblr-3009	298	20	on	on	ADP
cblr-3009	298	21	salt	salt	NOUN
cblr-3009	298	22	)	)	PUNCT
cblr-3009	298	23	and	and	CCONJ
cblr-3009	298	24	used	use	VERB
cblr-3009	298	25	the	the	DET
cblr-3009	298	26	resulting	result	VERB
cblr-3009	298	27	profits	profit	NOUN
cblr-3009	298	28	to	to	PART
cblr-3009	298	29	subsidize	subsidize	VERB
cblr-3009	298	30	credit	credit	NOUN
cblr-3009	298	31	card	card	NOUN
cblr-3009	298	32	issuance	issuance	NOUN
cblr-3009	298	33	,	,	PUNCT
cblr-3009	298	34	or	or	CCONJ
cblr-3009	298	35	that	that	SCONJ
cblr-3009	298	36	the	the	DET
cblr-3009	298	37	government	government	NOUN
cblr-3009	298	38	imposed	impose	VERB
cblr-3009	298	39	a	a	DET
cblr-3009	298	40	tax	tax	NOUN
cblr-3009	298	41	on	on	ADP
cblr-3009	298	42	salt	salt	NOUN
cblr-3009	298	43	and	and	CCONJ
cblr-3009	298	44	used	use	VERB
cblr-3009	298	45	the	the	DET
cblr-3009	298	46	tax	tax	NOUN
cblr-3009	298	47	revenues	revenue	NOUN
cblr-3009	298	48	to	to	PART
cblr-3009	298	49	subsidize	subsidize	VERB
cblr-3009	298	50	credit	credit	NOUN
cblr-3009	298	51	card	card	NOUN
cblr-3009	298	52	issuance	issuance	NOUN
cblr-3009	298	53	.	.	PUNCT
cblr-3009	299	1	if	if	SCONJ
cblr-3009	299	2	it	it	PRON
cblr-3009	299	3	is	be	AUX
cblr-3009	299	4	appropriate	appropriate	ADJ
cblr-3009	299	5	to	to	PART
cblr-3009	299	6	allow	allow	VERB
cblr-3009	299	7	credit	credit	NOUN
cblr-3009	299	8	card	card	NOUN
cblr-3009	299	9	issuers	issuer	NOUN
cblr-3009	299	10	to	to	PART
cblr-3009	299	11	use	use	VERB
cblr-3009	299	12	the	the	DET
cblr-3009	299	13	interchange	interchange	NOUN
cblr-3009	299	14	fee	fee	NOUN
cblr-3009	299	15	to	to	AUX
cblr-3009	299	16	tax	tax	NOUN
cblr-3009	299	17	cash	cash	NOUN
cblr-3009	299	18	customers	customer	NOUN
cblr-3009	299	19	in	in	ADP
cblr-3009	299	20	order	order	NOUN
cblr-3009	299	21	to	to	PART
cblr-3009	299	22	expand	expand	VERB
cblr-3009	299	23	output	output	NOUN
cblr-3009	299	24	,	,	PUNCT
cblr-3009	299	25	would	would	AUX
cblr-3009	299	26	it	it	PRON
cblr-3009	299	27	also	also	ADV
cblr-3009	299	28	be	be	AUX
cblr-3009	299	29	appropriate	appropriate	ADJ
cblr-3009	299	30	to	to	PART
cblr-3009	299	31	allow	allow	VERB
cblr-3009	299	32	them	they	PRON
cblr-3009	299	33	to	to	PART
cblr-3009	299	34	cartelize	cartelize	VERB
cblr-3009	299	35	the	the	DET
cblr-3009	299	36	salt	salt	NOUN
cblr-3009	299	37	industry	industry	NOUN
cblr-3009	299	38	to	to	PART
cblr-3009	299	39	achieve	achieve	VERB
cblr-3009	299	40	the	the	DET
cblr-3009	299	41	same	same	ADJ
cblr-3009	299	42	purpose	purpose	NOUN
cblr-3009	299	43	?	?	PUNCT
cblr-3009	300	1	2	2	X
cblr-3009	300	2	.	.	X
cblr-3009	300	3	does	do	AUX
cblr-3009	300	4	the	the	DET
cblr-3009	300	5	existence	existence	NOUN
cblr-3009	300	6	of	of	ADP
cblr-3009	300	7	pricing	pricing	NOUN
cblr-3009	300	8	restrictions	restriction	NOUN
cblr-3009	300	9	on	on	ADP
cblr-3009	300	10	merchants	merchant	NOUN
cblr-3009	300	11	refute	refute	VERB
cblr-3009	300	12	baxter	baxter	NOUN
cblr-3009	300	13	's	's	PART
cblr-3009	300	14	justifications	justification	NOUN
cblr-3009	300	15	for	for	ADP
cblr-3009	300	16	interchange	interchange	NOUN
cblr-3009	300	17	fees	fee	NOUN
cblr-3009	300	18	?	?	PUNCT
cblr-3009	301	1	suppose	suppose	VERB
cblr-3009	301	2	baxter	baxter	PROPN
cblr-3009	301	3	is	be	AUX
cblr-3009	301	4	correct	correct	ADJ
cblr-3009	301	5	in	in	ADP
cblr-3009	301	6	contending	contend	VERB
cblr-3009	301	7	that	that	SCONJ
cblr-3009	301	8	interchange	interchange	NOUN
cblr-3009	301	9	fees	fee	NOUN
cblr-3009	301	10	are	be	AUX
cblr-3009	301	11	required	require	VERB
cblr-3009	301	12	to	to	PART
cblr-3009	301	13	enable	enable	VERB
cblr-3009	301	14	merchants	merchant	NOUN
cblr-3009	301	15	to	to	PART
cblr-3009	301	16	charge	charge	VERB
cblr-3009	301	17	a	a	DET
cblr-3009	301	18	lower	low	ADJ
cblr-3009	301	19	effective	effective	ADJ
cblr-3009	301	20	price	price	NOUN
cblr-3009	301	21	to	to	ADP
cblr-3009	301	22	credit	credit	NOUN
cblr-3009	301	23	card	card	NOUN
cblr-3009	301	24	customers	customer	NOUN
cblr-3009	301	25	.	.	PUNCT
cblr-3009	302	1	in	in	ADP
cblr-3009	302	2	such	such	DET
cblr-3009	302	3	a	a	DET
cblr-3009	302	4	case	case	NOUN
cblr-3009	302	5	,	,	PUNCT
cblr-3009	302	6	merchants	merchant	NOUN
cblr-3009	302	7	would	would	AUX
cblr-3009	302	8	not	not	PART
cblr-3009	302	9	require	require	VERB
cblr-3009	302	10	a	a	DET
cblr-3009	302	11	no	no	DET
cblr-3009	302	12	-	-	PUNCT
cblr-3009	302	13	surcharge	surcharge	NOUN
cblr-3009	302	14	rule	rule	NOUN
cblr-3009	302	15	-	-	PUNCT
cblr-3009	302	16	a	a	DET
cblr-3009	302	17	rule	rule	NOUN
cblr-3009	302	18	preventing	prevent	VERB
cblr-3009	302	19	merchants	merchant	NOUN
cblr-3009	302	20	from	from	ADP
cblr-3009	302	21	charging	charge	VERB
cblr-3009	302	22	a	a	DET
cblr-3009	302	23	higher	high	ADJ
cblr-3009	302	24	price	price	NOUN
cblr-3009	302	25	for	for	ADP
cblr-3009	302	26	credit	credit	NOUN
cblr-3009	302	27	cardsbecause	cardsbecause	NOUN
cblr-3009	302	28	absent	absent	ADJ
cblr-3009	302	29	transaction	transaction	NOUN
cblr-3009	302	30	costs	cost	NOUN
cblr-3009	302	31	,	,	PUNCT
cblr-3009	302	32	merchants	merchant	NOUN
cblr-3009	302	33	would	would	AUX
cblr-3009	302	34	want	want	VERB
cblr-3009	302	35	to	to	PART
cblr-3009	302	36	charge	charge	VERB
cblr-3009	302	37	a	a	DET
cblr-3009	302	38	lower	low	ADJ
cblr-3009	302	39	,	,	PUNCT
cblr-3009	302	40	not	not	PART
cblr-3009	302	41	higher	high	ADJ
cblr-3009	302	42	,	,	PUNCT
cblr-3009	302	43	price	price	NOUN
cblr-3009	302	44	to	to	ADP
cblr-3009	302	45	credit	credit	NOUN
cblr-3009	302	46	card	card	NOUN
cblr-3009	302	47	customers	customer	NOUN
cblr-3009	302	48	.	.	PUNCT
cblr-3009	303	1	i	i	PRON
cblr-3009	303	2	d.	d.	PROPN
cblr-3009	303	3	at	at	ADP
cblr-3009	303	4	552	552	NUM
cblr-3009	303	5	.	.	PUNCT
cblr-3009	304	1	[	[	X
cblr-3009	304	2	vol	vol	NOUN
cblr-3009	304	3	.	.	PUNCT
cblr-3009	304	4	2005	2005	NUM
cblr-3009	304	5	moreover	moreover	ADV
cblr-3009	304	6	,	,	PUNCT
cblr-3009	304	7	if	if	SCONJ
cblr-3009	304	8	an	an	DET
cblr-3009	304	9	interchange	interchange	NOUN
cblr-3009	304	10	fee	fee	NOUN
cblr-3009	304	11	is	be	AUX
cblr-3009	304	12	necessary	necessary	ADJ
cblr-3009	304	13	because	because	SCONJ
cblr-3009	304	14	merchants	merchant	NOUN
cblr-3009	304	15	are	be	AUX
cblr-3009	304	16	supposedly	supposedly	ADV
cblr-3009	304	17	unable	unable	ADJ
cblr-3009	304	18	to	to	PART
cblr-3009	304	19	charge	charge	VERB
cblr-3009	304	20	cash	cash	NOUN
cblr-3009	304	21	and	and	CCONJ
cblr-3009	304	22	credit	credit	NOUN
cblr-3009	304	23	customers	customer	NOUN
cblr-3009	304	24	different	different	ADJ
cblr-3009	304	25	retail	retail	ADJ
cblr-3009	304	26	prices	price	NOUN
cblr-3009	304	27	,	,	PUNCT
cblr-3009	304	28	then	then	ADV
cblr-3009	304	29	it	it	PRON
cblr-3009	304	30	seems	seem	VERB
cblr-3009	304	31	odd	odd	ADJ
cblr-3009	304	32	to	to	PART
cblr-3009	304	33	prohibit	prohibit	VERB
cblr-3009	304	34	merchants	merchant	NOUN
cblr-3009	304	35	from	from	ADP
cblr-3009	304	36	charging	charge	VERB
cblr-3009	304	37	whatever	whatever	DET
cblr-3009	304	38	prices	price	NOUN
cblr-3009	304	39	they	they	PRON
cblr-3009	304	40	want	want	VERB
cblr-3009	304	41	.	.	PUNCT
cblr-3009	305	1	indeed	indeed	ADV
cblr-3009	305	2	,	,	PUNCT
cblr-3009	305	3	if	if	SCONJ
cblr-3009	305	4	merchants	merchant	NOUN
cblr-3009	305	5	differ	differ	VERB
cblr-3009	305	6	from	from	ADP
cblr-3009	305	7	each	each	DET
cblr-3009	305	8	other	other	ADJ
cblr-3009	305	9	,	,	PUNCT
cblr-3009	305	10	the	the	DET
cblr-3009	305	11	"	"	PUNCT
cblr-3009	305	12	optimal	optimal	ADJ
cblr-3009	305	13	"	"	PUNCT
cblr-3009	305	14	interchange	interchange	NOUN
cblr-3009	305	15	fee	fee	NOUN
cblr-3009	305	16	will	will	AUX
cblr-3009	305	17	differ	differ	VERB
cblr-3009	305	18	from	from	ADP
cblr-3009	305	19	merchant	merchant	NOUN
cblr-3009	305	20	to	to	ADP
cblr-3009	305	21	merchant	merchant	NOUN
cblr-3009	305	22	,	,	PUNCT
cblr-3009	305	23	and	and	CCONJ
cblr-3009	305	24	one	one	PRON
cblr-3009	305	25	would	would	AUX
cblr-3009	305	26	think	think	VERB
cblr-3009	305	27	that	that	SCONJ
cblr-3009	305	28	baxter	baxter	PROPN
cblr-3009	305	29	's	's	PART
cblr-3009	305	30	argument	argument	NOUN
cblr-3009	305	31	would	would	AUX
cblr-3009	305	32	permit	permit	VERB
cblr-3009	305	33	those	those	DET
cblr-3009	305	34	merchants	merchant	NOUN
cblr-3009	305	35	who	who	PRON
cblr-3009	305	36	can	can	AUX
cblr-3009	305	37	set	set	VERB
cblr-3009	305	38	different	different	ADJ
cblr-3009	305	39	retail	retail	ADJ
cblr-3009	305	40	prices	price	NOUN
cblr-3009	305	41	to	to	PART
cblr-3009	305	42	do	do	VERB
cblr-3009	305	43	so	so	ADV
cblr-3009	305	44	.	.	PUNCT
cblr-3009	306	1	3	3	X
cblr-3009	306	2	.	.	X
cblr-3009	306	3	does	do	AUX
cblr-3009	306	4	the	the	DET
cblr-3009	306	5	"	"	PUNCT
cblr-3009	306	6	chicken	chicken	NOUN
cblr-3009	306	7	and	and	CCONJ
cblr-3009	306	8	egg	egg	NOUN
cblr-3009	306	9	"	"	PUNCT
cblr-3009	306	10	problem	problem	NOUN
cblr-3009	306	11	represent	represent	VERB
cblr-3009	306	12	a	a	DET
cblr-3009	306	13	network	network	NOUN
cblr-3009	306	14	externality	externality	NOUN
cblr-3009	306	15	,	,	PUNCT
cblr-3009	306	16	and	and	CCONJ
cblr-3009	306	17	if	if	SCONJ
cblr-3009	306	18	so	so	ADV
cblr-3009	306	19	,	,	PUNCT
cblr-3009	306	20	should	should	AUX
cblr-3009	306	21	it	it	PRON
cblr-3009	306	22	matter	matter	VERB
cblr-3009	306	23	to	to	ADP
cblr-3009	306	24	antitrust	antitrust	ADJ
cblr-3009	306	25	policy	policy	NOUN
cblr-3009	306	26	?	?	PUNCT
cblr-3009	307	1	the	the	DET
cblr-3009	307	2	"	"	PUNCT
cblr-3009	307	3	chicken	chicken	NOUN
cblr-3009	307	4	and	and	CCONJ
cblr-3009	307	5	egg	egg	NOUN
cblr-3009	307	6	"	"	PUNCT
cblr-3009	307	7	network	network	NOUN
cblr-3009	307	8	externality	externality	NOUN
cblr-3009	307	9	problem	problem	NOUN
cblr-3009	307	10	arises	arise	VERB
cblr-3009	307	11	when	when	SCONJ
cblr-3009	307	12	externalities	externality	NOUN
cblr-3009	307	13	are	be	AUX
cblr-3009	307	14	so	so	ADV
cblr-3009	307	15	extensive	extensive	ADJ
cblr-3009	307	16	that	that	SCONJ
cblr-3009	307	17	there	there	PRON
cblr-3009	307	18	is	be	VERB
cblr-3009	307	19	an	an	DET
cblr-3009	307	20	inadequate	inadequate	ADJ
cblr-3009	307	21	incentive	incentive	NOUN
cblr-3009	307	22	for	for	SCONJ
cblr-3009	307	23	a	a	DET
cblr-3009	307	24	firm	firm	NOUN
cblr-3009	307	25	to	to	PART
cblr-3009	307	26	enter	enter	VERB
cblr-3009	307	27	the	the	DET
cblr-3009	307	28	market	market	NOUN
cblr-3009	307	29	.	.	PUNCT
cblr-3009	308	1	credit	credit	NOUN
cblr-3009	308	2	cards	card	NOUN
cblr-3009	308	3	,	,	PUNCT
cblr-3009	308	4	however	however	ADV
cblr-3009	308	5	,	,	PUNCT
cblr-3009	308	6	have	have	AUX
cblr-3009	308	7	achieved	achieve	VERB
cblr-3009	308	8	widespread	widespread	ADJ
cblr-3009	308	9	consumer	consumer	NOUN
cblr-3009	308	10	adoption	adoption	NOUN
cblr-3009	308	11	and	and	CCONJ
cblr-3009	308	12	almost	almost	ADV
cblr-3009	308	13	universal	universal	ADJ
cblr-3009	308	14	acceptance	acceptance	NOUN
cblr-3009	308	15	among	among	ADP
cblr-3009	308	16	major	major	ADJ
cblr-3009	308	17	retailers	retailer	NOUN
cblr-3009	308	18	.	.	PUNCT
cblr-3009	309	1	it	it	PRON
cblr-3009	309	2	therefore	therefore	ADV
cblr-3009	309	3	remains	remain	VERB
cblr-3009	309	4	difficult	difficult	ADJ
cblr-3009	309	5	to	to	PART
cblr-3009	309	6	defend	defend	VERB
cblr-3009	309	7	the	the	DET
cblr-3009	309	8	present	present	ADJ
cblr-3009	309	9	need	need	NOUN
cblr-3009	309	10	for	for	ADP
cblr-3009	309	11	collective	collective	ADJ
cblr-3009	309	12	setting	setting	NOUN
cblr-3009	309	13	of	of	ADP
cblr-3009	309	14	interchange	interchange	NOUN
cblr-3009	309	15	fees	fee	NOUN
cblr-3009	309	16	on	on	ADP
cblr-3009	309	17	the	the	DET
cblr-3009	309	18	grounds	ground	NOUN
cblr-3009	309	19	that	that	SCONJ
cblr-3009	309	20	the	the	DET
cblr-3009	309	21	fees	fee	NOUN
cblr-3009	309	22	were	be	AUX
cblr-3009	309	23	necessary	necessary	ADJ
cblr-3009	309	24	to	to	PART
cblr-3009	309	25	launch	launch	VERB
cblr-3009	309	26	the	the	DET
cblr-3009	309	27	network	network	NOUN
cblr-3009	309	28	decades	decade	NOUN
cblr-3009	309	29	earlier	early	ADV
cblr-3009	309	30	.	.	PUNCT
cblr-3009	310	1	4	4	X
cblr-3009	310	2	.	.	X
cblr-3009	310	3	is	be	AUX
cblr-3009	310	4	there	there	PRON
cblr-3009	310	5	a	a	DET
cblr-3009	310	6	significant	significant	ADJ
cblr-3009	310	7	free	free	ADJ
cblr-3009	310	8	-	-	PUNCT
cblr-3009	310	9	rider	rider	NOUN
cblr-3009	310	10	problem	problem	NOUN
cblr-3009	310	11	among	among	ADP
cblr-3009	310	12	issuers	issuer	NOUN
cblr-3009	310	13	?	?	PUNCT
cblr-3009	311	1	some	some	DET
cblr-3009	311	2	economists	economist	NOUN
cblr-3009	311	3	defend	defend	VERB
cblr-3009	311	4	the	the	DET
cblr-3009	311	5	utility	utility	NOUN
cblr-3009	311	6	of	of	ADP
cblr-3009	311	7	vertical	vertical	ADJ
cblr-3009	311	8	contractual	contractual	ADJ
cblr-3009	311	9	practices	practice	NOUN
cblr-3009	311	10	,	,	PUNCT
cblr-3009	311	11	like	like	ADP
cblr-3009	311	12	exclusive	exclusive	ADJ
cblr-3009	311	13	territories	territory	NOUN
cblr-3009	311	14	and	and	CCONJ
cblr-3009	311	15	resale	resale	NOUN
cblr-3009	311	16	price	price	NOUN
cblr-3009	311	17	maintenance	maintenance	NOUN
cblr-3009	311	18	,	,	PUNCT
cblr-3009	311	19	to	to	PART
cblr-3009	311	20	combat	combat	VERB
cblr-3009	311	21	free	free	ADJ
cblr-3009	311	22	-	-	PUNCT
cblr-3009	311	23	riding	ride	VERB
cblr-3009	311	24	problems	problem	NOUN
cblr-3009	311	25	that	that	PRON
cblr-3009	311	26	otherwise	otherwise	ADV
cblr-3009	311	27	make	make	VERB
cblr-3009	311	28	it	it	PRON
cblr-3009	311	29	unprofitable	unprofitable	ADJ
cblr-3009	311	30	for	for	SCONJ
cblr-3009	311	31	individual	individual	ADJ
cblr-3009	311	32	distributors	distributor	NOUN
cblr-3009	311	33	to	to	PART
cblr-3009	311	34	offer	offer	VERB
cblr-3009	311	35	promotional	promotional	ADJ
cblr-3009	311	36	services	service	NOUN
cblr-3009	311	37	that	that	PRON
cblr-3009	311	38	consumers	consumer	NOUN
cblr-3009	311	39	value.44	value.44	NOUN
cblr-3009	311	40	is	be	AUX
cblr-3009	311	41	there	there	PRON
cblr-3009	311	42	an	an	DET
cblr-3009	311	43	analogy	analogy	NOUN
cblr-3009	311	44	between	between	ADP
cblr-3009	311	45	this	this	DET
cblr-3009	311	46	procompetitive	procompetitive	ADJ
cblr-3009	311	47	justification	justification	NOUN
cblr-3009	311	48	for	for	ADP
cblr-3009	311	49	vertical	vertical	ADJ
cblr-3009	311	50	restrictions	restriction	NOUN
cblr-3009	311	51	,	,	PUNCT
cblr-3009	311	52	interchange	interchange	NOUN
cblr-3009	311	53	fees	fee	NOUN
cblr-3009	311	54	,	,	PUNCT
cblr-3009	311	55	and	and	CCONJ
cblr-3009	311	56	associated	associated	ADJ
cblr-3009	311	57	pricing	pricing	NOUN
cblr-3009	311	58	restrictions	restriction	NOUN
cblr-3009	311	59	?	?	PUNCT
cblr-3009	312	1	arguably	arguably	ADV
cblr-3009	312	2	,	,	PUNCT
cblr-3009	312	3	when	when	SCONJ
cblr-3009	312	4	one	one	NUM
cblr-3009	312	5	issuer	issuer	NOUN
cblr-3009	312	6	increases	increase	VERB
cblr-3009	312	7	the	the	DET
cblr-3009	312	8	number	number	NOUN
cblr-3009	312	9	of	of	ADP
cblr-3009	312	10	cardholders	cardholder	NOUN
cblr-3009	312	11	,	,	PUNCT
cblr-3009	312	12	it	it	PRON
cblr-3009	312	13	induces	induce	VERB
cblr-3009	312	14	more	more	ADJ
cblr-3009	312	15	merchants	merchant	NOUN
cblr-3009	312	16	to	to	PART
cblr-3009	312	17	accept	accept	VERB
cblr-3009	312	18	cards	card	NOUN
cblr-3009	312	19	,	,	PUNCT
cblr-3009	312	20	which	which	PRON
cblr-3009	312	21	in	in	ADP
cblr-3009	312	22	turn	turn	NOUN
cblr-3009	312	23	increases	increase	VERB
cblr-3009	312	24	the	the	DET
cblr-3009	312	25	demand	demand	NOUN
cblr-3009	312	26	for	for	ADP
cblr-3009	312	27	cards	card	NOUN
cblr-3009	312	28	issued	issue	VERB
cblr-3009	312	29	by	by	ADP
cblr-3009	312	30	all	all	DET
cblr-3009	312	31	member	member	NOUN
cblr-3009	312	32	banks	bank	NOUN
cblr-3009	312	33	.	.	PUNCT
cblr-3009	313	1	if	if	SCONJ
cblr-3009	313	2	the	the	DET
cblr-3009	313	3	market	market	NOUN
cblr-3009	313	4	is	be	AUX
cblr-3009	313	5	already	already	ADV
cblr-3009	313	6	highly	highly	ADV
cblr-3009	313	7	penetrated	penetrate	VERB
cblr-3009	313	8	,	,	PUNCT
cblr-3009	313	9	however	however	ADV
cblr-3009	313	10	,	,	PUNCT
cblr-3009	313	11	then	then	ADV
cblr-3009	313	12	,	,	PUNCT
cblr-3009	313	13	at	at	ADP
cblr-3009	313	14	the	the	DET
cblr-3009	313	15	margin	margin	NOUN
cblr-3009	313	16	,	,	PUNCT
cblr-3009	313	17	there	there	PRON
cblr-3009	313	18	may	may	AUX
cblr-3009	313	19	be	be	AUX
cblr-3009	313	20	little	little	ADJ
cblr-3009	313	21	external	external	ADJ
cblr-3009	313	22	benefit	benefit	NOUN
cblr-3009	313	23	from	from	ADP
cblr-3009	313	24	expanding	expand	VERB
cblr-3009	313	25	the	the	DET
cblr-3009	313	26	number	number	NOUN
cblr-3009	313	27	of	of	ADP
cblr-3009	313	28	cards	card	NOUN
cblr-3009	313	29	held	hold	VERB
cblr-3009	313	30	or	or	CCONJ
cblr-3009	313	31	by	by	ADP
cblr-3009	313	32	increasing	increase	VERB
cblr-3009	313	33	the	the	DET
cblr-3009	313	34	number	number	NOUN
cblr-3009	313	35	of	of	ADP
cblr-3009	313	36	merchants	merchant	NOUN
cblr-3009	313	37	accepting	accept	VERB
cblr-3009	313	38	cards	card	NOUN
cblr-3009	313	39	.	.	PUNCT
cblr-3009	314	1	4	4	NUM
cblr-3009	314	2	dennis	dennis	PROPN
cblr-3009	314	3	w.	w.	PROPN
cblr-3009	314	4	carlton	carlton	PROPN
cblr-3009	314	5	&	&	CCONJ
cblr-3009	314	6	jeffrey	jeffrey	PROPN
cblr-3009	314	7	m.	m.	PROPN
cblr-3009	314	8	perloff	perloff	PROPN
cblr-3009	314	9	,	,	PUNCT
cblr-3009	314	10	modern	modern	ADJ
cblr-3009	314	11	industrial	industrial	ADJ
cblr-3009	314	12	organization	organization	NOUN
cblr-3009	314	13	437	437	NUM
cblr-3009	314	14	(	(	PUNCT
cblr-3009	314	15	4th	4th	ADJ
cblr-3009	314	16	ed	ed	NOUN
cblr-3009	314	17	.	.	PUNCT
cblr-3009	314	18	2004	2004	NUM
cblr-3009	314	19	)	)	PUNCT
cblr-3009	314	20	.	.	PUNCT
cblr-3009	315	1	transaction	transaction	NOUN
cblr-3009	315	2	costs	cost	NOUN
cblr-3009	315	3	and	and	CCONJ
cblr-3009	315	4	externalitiesno	externalitiesno	NOUN
cblr-3009	315	5	.	.	PUNCT
cblr-3009	316	1	3:617	3:617	NUM
cblr-3009	316	2	]	]	X
cblr-3009	316	3	columbia	columbia	PROPN
cblr-3009	316	4	business	business	PROPN
cblr-3009	316	5	la	la	PROPN
cblr-3009	316	6	w	w	PROPN
cblr-3009	316	7	review	review	NOUN
cblr-3009	316	8	moreover	moreover	ADV
cblr-3009	316	9	,	,	PUNCT
cblr-3009	316	10	if	if	SCONJ
cblr-3009	316	11	the	the	DET
cblr-3009	316	12	point	point	NOUN
cblr-3009	316	13	of	of	ADP
cblr-3009	316	14	interchange	interchange	NOUN
cblr-3009	316	15	fees	fee	NOUN
cblr-3009	316	16	is	be	AUX
cblr-3009	316	17	to	to	PART
cblr-3009	316	18	induce	induce	VERB
cblr-3009	316	19	issuers	issuer	NOUN
cblr-3009	316	20	somehow	somehow	ADV
cblr-3009	316	21	to	to	PART
cblr-3009	316	22	seek	seek	VERB
cblr-3009	316	23	out	out	ADP
cblr-3009	316	24	additional	additional	ADJ
cblr-3009	316	25	card	card	NOUN
cblr-3009	316	26	users	user	NOUN
cblr-3009	316	27	,	,	PUNCT
cblr-3009	316	28	why	why	SCONJ
cblr-3009	316	29	not	not	PART
cblr-3009	316	30	simply	simply	ADV
cblr-3009	316	31	allocate	allocate	VERB
cblr-3009	316	32	the	the	DET
cblr-3009	316	33	"	"	PUNCT
cblr-3009	316	34	interchange	interchange	NOUN
cblr-3009	316	35	fee	fee	NOUN
cblr-3009	316	36	"	"	PUNCT
cblr-3009	316	37	directly	directly	ADV
cblr-3009	316	38	to	to	ADP
cblr-3009	316	39	the	the	DET
cblr-3009	316	40	card	card	NOUN
cblr-3009	316	41	customers	customer	NOUN
cblr-3009	316	42	(	(	PUNCT
cblr-3009	316	43	e.g.	e.g.	ADV
cblr-3009	316	44	,	,	PUNCT
cblr-3009	316	45	as	as	ADP
cblr-3009	316	46	a	a	DET
cblr-3009	316	47	fee	fee	NOUN
cblr-3009	316	48	appearing	appear	VERB
cblr-3009	316	49	on	on	ADP
cblr-3009	316	50	monthly	monthly	ADJ
cblr-3009	316	51	credit	credit	NOUN
cblr-3009	316	52	card	card	NOUN
cblr-3009	316	53	account	account	NOUN
cblr-3009	316	54	statements	statement	NOUN
cblr-3009	316	55	)	)	PUNCT
cblr-3009	316	56	,	,	PUNCT
cblr-3009	316	57	and	and	CCONJ
cblr-3009	316	58	omit	omit	VERB
cblr-3009	316	59	all	all	DET
cblr-3009	316	60	charges	charge	NOUN
cblr-3009	316	61	to	to	ADP
cblr-3009	316	62	the	the	DET
cblr-3009	316	63	merchant	merchant	NOUN
cblr-3009	316	64	?	?	PUNCT
cblr-3009	317	1	such	such	DET
cblr-3009	317	2	a	a	DET
cblr-3009	317	3	mechanism	mechanism	NOUN
cblr-3009	317	4	would	would	AUX
cblr-3009	317	5	avoid	avoid	VERB
cblr-3009	317	6	the	the	DET
cblr-3009	317	7	"	"	PUNCT
cblr-3009	317	8	tax	tax	NOUN
cblr-3009	317	9	"	"	PUNCT
cblr-3009	317	10	on	on	ADP
cblr-3009	317	11	cash	cash	NOUN
cblr-3009	317	12	customers	customer	NOUN
cblr-3009	317	13	,	,	PUNCT
cblr-3009	317	14	while	while	SCONJ
cblr-3009	317	15	still	still	ADV
cblr-3009	317	16	preserving	preserve	VERB
cblr-3009	317	17	the	the	DET
cblr-3009	317	18	flow	flow	NOUN
cblr-3009	317	19	of	of	ADP
cblr-3009	317	20	revenue	revenue	NOUN
cblr-3009	317	21	to	to	ADP
cblr-3009	317	22	the	the	DET
cblr-3009	317	23	issuing	issue	VERB
cblr-3009	317	24	bank	bank	NOUN
cblr-3009	317	25	.	.	PUNCT
cblr-3009	318	1	the	the	DET
cblr-3009	318	2	failure	failure	NOUN
cblr-3009	318	3	of	of	ADP
cblr-3009	318	4	the	the	DET
cblr-3009	318	5	market	market	NOUN
cblr-3009	318	6	to	to	PART
cblr-3009	318	7	structure	structure	VERB
cblr-3009	318	8	the	the	DET
cblr-3009	318	9	fee	fee	NOUN
cblr-3009	318	10	in	in	ADP
cblr-3009	318	11	this	this	DET
cblr-3009	318	12	manner	manner	NOUN
cblr-3009	318	13	suggests	suggest	VERB
cblr-3009	318	14	that	that	SCONJ
cblr-3009	318	15	taxing	tax	VERB
cblr-3009	318	16	cash	cash	NOUN
cblr-3009	318	17	consumers	consumer	NOUN
cblr-3009	318	18	encourages	encourage	VERB
cblr-3009	318	19	the	the	DET
cblr-3009	318	20	existence	existence	NOUN
cblr-3009	318	21	of	of	ADP
cblr-3009	318	22	interchange	interchange	NOUN
cblr-3009	318	23	fees	fee	NOUN
cblr-3009	318	24	and	and	CCONJ
cblr-3009	318	25	their	their	PRON
cblr-3009	318	26	ability	ability	NOUN
cblr-3009	318	27	to	to	PART
cblr-3009	318	28	"	"	PUNCT
cblr-3009	318	29	balance	balance	VERB
cblr-3009	318	30	"	"	PUNCT
cblr-3009	318	31	demand	demand	NOUN
cblr-3009	318	32	in	in	ADP
cblr-3009	318	33	the	the	DET
cblr-3009	318	34	two	two	NUM
cblr-3009	318	35	-	-	PUNCT
cblr-3009	318	36	sided	sided	ADJ
cblr-3009	318	37	market	market	NOUN
cblr-3009	318	38	.	.	PUNCT
cblr-3009	319	1	5	5	X
cblr-3009	319	2	.	.	X
cblr-3009	319	3	is	be	AUX
cblr-3009	319	4	antitrust	antitrust	ADJ
cblr-3009	319	5	regulation	regulation	NOUN
cblr-3009	319	6	a	a	DET
cblr-3009	319	7	more	more	ADV
cblr-3009	319	8	appropriate	appropriate	ADJ
cblr-3009	319	9	forum	forum	NOUN
cblr-3009	319	10	for	for	ADP
cblr-3009	319	11	analyzing	analyze	VERB
cblr-3009	319	12	interchange	interchange	NOUN
cblr-3009	319	13	fees	fee	NOUN
cblr-3009	319	14	and	and	CCONJ
cblr-3009	319	15	vertical	vertical	ADJ
cblr-3009	319	16	restrictions	restriction	NOUN
cblr-3009	319	17	?	?	PUNCT
cblr-3009	320	1	some	some	DET
cblr-3009	320	2	countries	country	NOUN
cblr-3009	320	3	have	have	AUX
cblr-3009	320	4	investigated	investigate	VERB
cblr-3009	320	5	interchange	interchange	NOUN
cblr-3009	320	6	fees	fee	NOUN
cblr-3009	320	7	,	,	PUNCT
cblr-3009	320	8	no	no	DET
cblr-3009	320	9	-	-	PUNCT
cblr-3009	320	10	surcharge	surcharge	NOUN
cblr-3009	320	11	rules	rule	NOUN
cblr-3009	320	12	,	,	PUNCT
cblr-3009	320	13	and	and	CCONJ
cblr-3009	320	14	other	other	ADJ
cblr-3009	320	15	restrictions	restriction	NOUN
cblr-3009	320	16	in	in	ADP
cblr-3009	320	17	payment	payment	NOUN
cblr-3009	320	18	markets	market	NOUN
cblr-3009	320	19	as	as	ADP
cblr-3009	320	20	issues	issue	NOUN
cblr-3009	320	21	arising	arise	VERB
cblr-3009	320	22	under	under	ADP
cblr-3009	320	23	antitrust	antitrust	ADJ
cblr-3009	320	24	or	or	CCONJ
cblr-3009	320	25	competition	competition	NOUN
cblr-3009	320	26	law	law	NOUN
cblr-3009	320	27	,	,	PUNCT
cblr-3009	320	28	while	while	SCONJ
cblr-3009	320	29	central	central	ADJ
cblr-3009	320	30	banks	bank	NOUN
cblr-3009	320	31	have	have	AUX
cblr-3009	320	32	historically	historically	ADV
cblr-3009	320	33	taken	take	VERB
cblr-3009	320	34	a	a	DET
cblr-3009	320	35	more	more	ADV
cblr-3009	320	36	regulatory	regulatory	ADJ
cblr-3009	320	37	approach	approach	NOUN
cblr-3009	320	38	.	.	PUNCT
cblr-3009	321	1	45	45	NUM
cblr-3009	321	2	is	be	AUX
cblr-3009	321	3	one	one	NUM
cblr-3009	321	4	approach	approach	NOUN
cblr-3009	321	5	better	well	ADV
cblr-3009	321	6	suited	suit	VERB
cblr-3009	321	7	than	than	ADP
cblr-3009	321	8	the	the	DET
cblr-3009	321	9	other	other	ADJ
cblr-3009	321	10	to	to	ADP
cblr-3009	321	11	addressing	address	VERB
cblr-3009	321	12	these	these	DET
cblr-3009	321	13	issues	issue	NOUN
cblr-3009	321	14	?	?	PUNCT
cblr-3009	322	1	in	in	ADP
cblr-3009	322	2	addition	addition	NOUN
cblr-3009	322	3	to	to	ADP
cblr-3009	322	4	antitrust	antitrust	ADJ
cblr-3009	322	5	issues	issue	NOUN
cblr-3009	322	6	,	,	PUNCT
cblr-3009	322	7	do	do	AUX
cblr-3009	322	8	interchange	interchange	NOUN
cblr-3009	322	9	fees	fee	NOUN
cblr-3009	322	10	raise	raise	VERB
cblr-3009	322	11	other	other	ADJ
cblr-3009	322	12	significant	significant	ADJ
cblr-3009	322	13	public	public	ADJ
cblr-3009	322	14	policy	policy	NOUN
cblr-3009	322	15	concerns	concern	NOUN
cblr-3009	322	16	,	,	PUNCT
cblr-3009	322	17	and	and	CCONJ
cblr-3009	322	18	if	if	SCONJ
cblr-3009	322	19	so	so	ADV
cblr-3009	322	20	,	,	PUNCT
cblr-3009	322	21	does	do	VERB
cblr-3009	322	22	resolution	resolution	NOUN
cblr-3009	322	23	of	of	ADP
cblr-3009	322	24	those	those	DET
cblr-3009	322	25	other	other	ADJ
cblr-3009	322	26	concerns	concern	NOUN
cblr-3009	322	27	conflict	conflict	NOUN
cblr-3009	322	28	with	with	ADP
cblr-3009	322	29	competition	competition	NOUN
cblr-3009	322	30	analysis	analysis	NOUN
cblr-3009	322	31	or	or	CCONJ
cblr-3009	322	32	reinforce	reinforce	VERB
cblr-3009	322	33	those	those	DET
cblr-3009	322	34	conclusions	conclusion	NOUN
cblr-3009	322	35	?	?	PUNCT
cblr-3009	323	1	for	for	ADP
cblr-3009	323	2	example	example	NOUN
cblr-3009	323	3	,	,	PUNCT
cblr-3009	323	4	low	low	ADJ
cblr-3009	323	5	income	income	NOUN
cblr-3009	323	6	and	and	CCONJ
cblr-3009	323	7	minority	minority	NOUN
cblr-3009	323	8	households	household	NOUN
cblr-3009	323	9	are	be	AUX
cblr-3009	323	10	far	far	ADV
cblr-3009	323	11	more	more	ADV
cblr-3009	323	12	likely	likely	ADJ
cblr-3009	323	13	to	to	PART
cblr-3009	323	14	use	use	VERB
cblr-3009	323	15	cash	cash	NOUN
cblr-3009	323	16	exclusively	exclusively	ADV
cblr-3009	323	17	than	than	SCONJ
cblr-3009	323	18	are	be	AUX
cblr-3009	323	19	more	more	ADV
cblr-3009	323	20	affluent	affluent	ADJ
cblr-3009	323	21	households	household	NOUN
cblr-3009	323	22	:	:	PUNCT
cblr-3009	323	23	only	only	ADV
cblr-3009	323	24	28.5	28.5	NUM
cblr-3009	323	25	%	%	NOUN
cblr-3009	323	26	of	of	ADP
cblr-3009	323	27	families	family	NOUN
cblr-3009	323	28	with	with	ADP
cblr-3009	323	29	annual	annual	ADJ
cblr-3009	323	30	income	income	NOUN
cblr-3009	323	31	below	below	ADP
cblr-3009	323	32	$	$	SYM
cblr-3009	323	33	10,000	10,000	NUM
cblr-3009	323	34	possess	possess	NOUN
cblr-3009	323	35	a	a	DET
cblr-3009	323	36	bank	bank	NOUN
cblr-3009	323	37	credit	credit	NOUN
cblr-3009	323	38	card	card	NOUN
cblr-3009	323	39	,	,	PUNCT
cblr-3009	323	40	compared	compare	VERB
cblr-3009	323	41	to	to	ADP
cblr-3009	323	42	95.8	95.8	NUM
cblr-3009	323	43	%	%	NOUN
cblr-3009	323	44	of	of	ADP
cblr-3009	323	45	families	family	NOUN
cblr-3009	323	46	with	with	ADP
cblr-3009	323	47	incomes	income	NOUN
cblr-3009	323	48	above	above	ADP
cblr-3009	323	49	$	$	SYM
cblr-3009	323	50	100,000,46	100,000,46	NUM
cblr-3009	323	51	and	and	CCONJ
cblr-3009	323	52	only	only	ADV
cblr-3009	323	53	"	"	PUNCT
cblr-3009	323	54	59	59	NUM
cblr-3009	323	55	%	%	NOUN
cblr-3009	323	56	of	of	ADP
cblr-3009	323	57	african	african	ADJ
cblr-3009	323	58	-	-	PUNCT
cblr-3009	323	59	american	american	ADJ
cblr-3009	323	60	households	household	NOUN
cblr-3009	323	61	had	have	VERB
cblr-3009	323	62	credit	credit	NOUN
cblr-3009	323	63	cards	card	NOUN
cblr-3009	323	64	in	in	ADP
cblr-3009	323	65	2001	2001	NUM
cblr-3009	323	66	,	,	PUNCT
cblr-3009	323	67	compared	compare	VERB
cblr-3009	323	68	to	to	ADP
cblr-3009	323	69	53	53	NUM
cblr-3009	323	70	%	%	NOUN
cblr-3009	323	71	for	for	ADP
cblr-3009	323	72	latinos	latino	NOUN
cblr-3009	323	73	and	and	CCONJ
cblr-3009	323	74	82	82	NUM
cblr-3009	323	75	%	%	NOUN
cblr-3009	323	76	for	for	ADP
cblr-3009	323	77	whites	white	NOUN
cblr-3009	323	78	.	.	PUNCT
cblr-3009	324	1	"47	"47	VERB
cblr-3009	325	1	the	the	DET
cblr-3009	325	2	45	45	NUM
cblr-3009	325	3	stuart	stuart	PROPN
cblr-3009	325	4	weiner	weiner	NOUN
cblr-3009	325	5	&	&	CCONJ
cblr-3009	325	6	julian	julian	PROPN
cblr-3009	325	7	wright	wright	PROPN
cblr-3009	325	8	,	,	PUNCT
cblr-3009	325	9	interchange	interchange	NOUN
cblr-3009	325	10	fees	fee	NOUN
cblr-3009	325	11	in	in	ADP
cblr-3009	325	12	various	various	ADJ
cblr-3009	325	13	countries	country	NOUN
cblr-3009	325	14	:	:	PUNCT
cblr-3009	325	15	developments	development	NOUN
cblr-3009	325	16	and	and	CCONJ
cblr-3009	325	17	determinants	determinant	NOUN
cblr-3009	325	18	1	1	NUM
cblr-3009	325	19	(	(	PUNCT
cblr-3009	325	20	fed	fed	PROPN
cblr-3009	325	21	.	.	PUNCT
cblr-3009	326	1	res	re	NOUN
cblr-3009	326	2	.	.	PUNCT
cblr-3009	327	1	bank	bank	PROPN
cblr-3009	327	2	of	of	ADP
cblr-3009	327	3	kansas	kansas	PROPN
cblr-3009	327	4	city	city	PROPN
cblr-3009	327	5	,	,	PUNCT
cblr-3009	327	6	working	work	VERB
cblr-3009	327	7	paper	paper	NOUN
cblr-3009	327	8	no	no	INTJ
cblr-3009	327	9	.	.	PROPN
cblr-3009	328	1	05	05	NUM
cblr-3009	328	2	-	-	SYM
cblr-3009	328	3	01	01	NUM
cblr-3009	328	4	,	,	PUNCT
cblr-3009	328	5	2005	2005	NUM
cblr-3009	328	6	)	)	PUNCT
cblr-3009	328	7	,	,	PUNCT
cblr-3009	328	8	available	available	ADJ
cblr-3009	328	9	at	at	ADP
cblr-3009	328	10	http://www.kc.frb.org/frfs/psr/weinerwrightworkingpaperl0l205.pdf	http://www.kc.frb.org/frfs/psr/weinerwrightworkingpaperl0l205.pdf	NOUN
cblr-3009	328	11	.	.	PUNCT
cblr-3009	329	1	46	46	NUM
cblr-3009	329	2	see	see	VERB
cblr-3009	329	3	u.s	u.s	PROPN
cblr-3009	329	4	.	.	PROPN
cblr-3009	329	5	census	census	PROPN
cblr-3009	329	6	bureau	bureau	PROPN
cblr-3009	329	7	,	,	PUNCT
cblr-3009	329	8	statistical	statistical	ADJ
cblr-3009	329	9	abstract	abstract	NOUN
cblr-3009	329	10	of	of	ADP
cblr-3009	329	11	the	the	DET
cblr-3009	329	12	united	united	PROPN
cblr-3009	329	13	states	states	PROPN
cblr-3009	329	14	:	:	PUNCT
cblr-3009	329	15	2004	2004	NUM
cblr-3009	329	16	-	-	SYM
cblr-3009	329	17	2005	2005	NUM
cblr-3009	329	18	t.1191	t.1191	NUM
cblr-3009	329	19	,	,	PUNCT
cblr-3009	329	20	available	available	ADJ
cblr-3009	329	21	at	at	ADP
cblr-3009	329	22	http://www.census.gov/prod/	http://www.census.gov/prod/	X
cblr-3009	329	23	2004pubs/03statab	2004pubs/03statab	NUM
cblr-3009	329	24	/	/	SYM
cblr-3009	329	25	banking.pdf	banking.pdf	PROPN
cblr-3009	329	26	.	.	PUNCT
cblr-3009	329	27	"	"	PUNCT
cblr-3009	330	1	see	see	VERB
cblr-3009	330	2	study	study	NOUN
cblr-3009	330	3	shows	show	VERB
cblr-3009	330	4	card	card	NOUN
cblr-3009	330	5	use	use	NOUN
cblr-3009	330	6	linked	link	VERB
cblr-3009	330	7	to	to	ADP
cblr-3009	330	8	race	race	NOUN
cblr-3009	330	9	,	,	PUNCT
cblr-3009	330	10	cardline	cardline	NOUN
cblr-3009	330	11	,	,	PUNCT
cblr-3009	330	12	may	may	AUX
cblr-3009	330	13	24	24	NUM
cblr-3009	330	14	,	,	PUNCT
cblr-3009	330	15	2005	2005	NUM
cblr-3009	330	16	,	,	PUNCT
cblr-3009	330	17	available	available	ADJ
cblr-3009	330	18	at	at	ADP
cblr-3009	330	19	http://www.cardline.com	http://www.cardline.com	X
cblr-3009	330	20	(	(	PUNCT
cblr-3009	330	21	citing	cite	VERB
cblr-3009	330	22	a	a	DET
cblr-3009	330	23	study	study	NOUN
cblr-3009	330	24	based	base	VERB
cblr-3009	330	25	on	on	ADP
cblr-3009	330	26	data	datum	NOUN
cblr-3009	330	27	[	[	X
cblr-3009	330	28	vol	vol	NOUN
cblr-3009	330	29	.	.	PUNCT
cblr-3009	330	30	2005	2005	NUM
cblr-3009	330	31	interchange	interchange	NOUN
cblr-3009	330	32	fee	fee	NOUN
cblr-3009	330	33	,	,	PUNCT
cblr-3009	330	34	therefore	therefore	ADV
cblr-3009	330	35	,	,	PUNCT
cblr-3009	330	36	may	may	AUX
cblr-3009	330	37	disproportionately	disproportionately	ADV
cblr-3009	330	38	harm	harm	VERB
cblr-3009	330	39	minorities	minority	NOUN
cblr-3009	330	40	and	and	CCONJ
cblr-3009	330	41	the	the	DET
cblr-3009	330	42	poor	poor	ADJ
cblr-3009	330	43	because	because	SCONJ
cblr-3009	330	44	it	it	PRON
cblr-3009	330	45	acts	act	VERB
cblr-3009	330	46	as	as	ADP
cblr-3009	330	47	a	a	DET
cblr-3009	330	48	tax	tax	NOUN
cblr-3009	330	49	on	on	ADP
cblr-3009	330	50	cash	cash	NOUN
cblr-3009	330	51	customers	customer	NOUN
cblr-3009	330	52	.	.	PUNCT
cblr-3009	331	1	6	6	X
cblr-3009	331	2	.	.	X
cblr-3009	331	3	should	should	AUX
cblr-3009	331	4	the	the	DET
cblr-3009	331	5	existence	existence	NOUN
cblr-3009	331	6	of	of	ADP
cblr-3009	331	7	proprietary	proprietary	ADJ
cblr-3009	331	8	systems	system	NOUN
cblr-3009	331	9	like	like	ADP
cblr-3009	331	10	discover	discover	VERB
cblr-3009	331	11	card	card	NOUN
cblr-3009	331	12	and	and	CCONJ
cblr-3009	331	13	american	american	PROPN
cblr-3009	331	14	express	express	PROPN
cblr-3009	331	15	affect	affect	VERB
cblr-3009	331	16	the	the	DET
cblr-3009	331	17	applicability	applicability	NOUN
cblr-3009	331	18	of	of	ADP
cblr-3009	331	19	antitrust	antitrust	ADJ
cblr-3009	331	20	regulation	regulation	NOUN
cblr-3009	331	21	to	to	ADP
cblr-3009	331	22	payment	payment	NOUN
cblr-3009	331	23	joint	joint	ADJ
cblr-3009	331	24	ventures	venture	NOUN
cblr-3009	331	25	such	such	ADJ
cblr-3009	331	26	as	as	ADP
cblr-3009	331	27	mastercard	mastercard	NOUN
cblr-3009	331	28	and	and	CCONJ
cblr-3009	331	29	visa	visa	NOUN
cblr-3009	331	30	?	?	PUNCT
cblr-3009	332	1	if	if	SCONJ
cblr-3009	332	2	a	a	DET
cblr-3009	332	3	single	single	ADJ
cblr-3009	332	4	firm	firm	NOUN
cblr-3009	332	5	,	,	PUNCT
cblr-3009	332	6	as	as	SCONJ
cblr-3009	332	7	opposed	oppose	VERB
cblr-3009	332	8	to	to	ADP
cblr-3009	332	9	a	a	DET
cblr-3009	332	10	joint	joint	ADJ
cblr-3009	332	11	venture	venture	NOUN
cblr-3009	332	12	,	,	PUNCT
cblr-3009	332	13	employs	employ	VERB
cblr-3009	332	14	its	its	PRON
cblr-3009	332	15	credit	credit	NOUN
cblr-3009	332	16	cards	card	NOUN
cblr-3009	332	17	as	as	ADP
cblr-3009	332	18	part	part	NOUN
cblr-3009	332	19	of	of	ADP
cblr-3009	332	20	a	a	DET
cblr-3009	332	21	proprietary	proprietary	ADJ
cblr-3009	332	22	system	system	NOUN
cblr-3009	332	23	-	-	PUNCT
cblr-3009	332	24	issuing	issue	VERB
cblr-3009	332	25	cards	card	NOUN
cblr-3009	332	26	to	to	ADP
cblr-3009	332	27	consumers	consumer	NOUN
cblr-3009	332	28	and	and	CCONJ
cblr-3009	332	29	acquiring	acquire	VERB
cblr-3009	332	30	transactions	transaction	NOUN
cblr-3009	332	31	from	from	ADP
cblr-3009	332	32	merchants	merchant	NOUN
cblr-3009	332	33	-	-	PUNCT
cblr-3009	332	34	it	it	PRON
cblr-3009	332	35	does	do	AUX
cblr-3009	332	36	not	not	PART
cblr-3009	332	37	need	need	VERB
cblr-3009	332	38	to	to	PART
cblr-3009	332	39	set	set	VERB
cblr-3009	332	40	an	an	DET
cblr-3009	332	41	interchange	interchange	NOUN
cblr-3009	332	42	fee	fee	NOUN
cblr-3009	332	43	.	.	PUNCT
cblr-3009	333	1	for	for	ADP
cblr-3009	333	2	example	example	NOUN
cblr-3009	333	3	,	,	PUNCT
cblr-3009	333	4	american	american	PROPN
cblr-3009	333	5	express	express	PROPN
cblr-3009	333	6	,	,	PUNCT
cblr-3009	333	7	unlike	unlike	ADP
cblr-3009	333	8	visa	visa	NOUN
cblr-3009	333	9	,	,	PUNCT
cblr-3009	333	10	does	do	AUX
cblr-3009	333	11	not	not	PART
cblr-3009	333	12	charge	charge	VERB
cblr-3009	333	13	interchange	interchange	NOUN
cblr-3009	333	14	fees	fee	NOUN
cblr-3009	333	15	,	,	PUNCT
cblr-3009	333	16	but	but	CCONJ
cblr-3009	333	17	rather	rather	ADV
cblr-3009	333	18	sets	set	VERB
cblr-3009	333	19	a	a	DET
cblr-3009	333	20	merchant	merchant	NOUN
cblr-3009	333	21	discount;48	discount;48	NOUN
cblr-3009	333	22	this	this	DET
cblr-3009	333	23	way	way	NOUN
cblr-3009	333	24	,	,	PUNCT
cblr-3009	333	25	it	it	PRON
cblr-3009	333	26	may	may	AUX
cblr-3009	333	27	charge	charge	VERB
cblr-3009	333	28	cardholders	cardholder	NOUN
cblr-3009	333	29	and	and	CCONJ
cblr-3009	333	30	promote	promote	VERB
cblr-3009	333	31	its	its	PRON
cblr-3009	333	32	cards	card	NOUN
cblr-3009	333	33	as	as	SCONJ
cblr-3009	333	34	it	it	PRON
cblr-3009	333	35	sees	see	VERB
cblr-3009	333	36	fit	fit	ADJ
cblr-3009	333	37	.	.	PUNCT
cblr-3009	334	1	preventing	prevent	VERB
cblr-3009	334	2	mastercard	mastercard	NOUN
cblr-3009	334	3	or	or	CCONJ
cblr-3009	334	4	visa	visa	NOUN
cblr-3009	334	5	from	from	ADP
cblr-3009	334	6	charging	charge	VERB
cblr-3009	334	7	interchange	interchange	NOUN
cblr-3009	334	8	fees	fee	NOUN
cblr-3009	334	9	could	could	AUX
cblr-3009	334	10	place	place	VERB
cblr-3009	334	11	them	they	PRON
cblr-3009	334	12	at	at	ADP
cblr-3009	334	13	a	a	DET
cblr-3009	334	14	competitive	competitive	ADJ
cblr-3009	334	15	disadvantage	disadvantage	NOUN
cblr-3009	334	16	to	to	ADP
cblr-3009	334	17	american	american	PROPN
cblr-3009	334	18	express	express	VERB
cblr-3009	334	19	because	because	SCONJ
cblr-3009	334	20	they	they	PRON
cblr-3009	334	21	would	would	AUX
cblr-3009	334	22	face	face	VERB
cblr-3009	334	23	constraints	constraint	NOUN
cblr-3009	334	24	that	that	SCONJ
cblr-3009	334	25	their	their	PRON
cblr-3009	334	26	integrated	integrated	ADJ
cblr-3009	334	27	rival	rival	NOUN
cblr-3009	334	28	does	do	AUX
cblr-3009	334	29	not	not	PART
cblr-3009	334	30	.	.	PUNCT
cblr-3009	335	1	does	do	AUX
cblr-3009	335	2	that	that	PRON
cblr-3009	335	3	justify	justify	VERB
cblr-3009	335	4	allowing	allow	VERB
cblr-3009	335	5	bank	bank	NOUN
cblr-3009	335	6	members	member	NOUN
cblr-3009	335	7	of	of	ADP
cblr-3009	335	8	mastercard	mastercard	PROPN
cblr-3009	335	9	and	and	CCONJ
cblr-3009	335	10	visa	visa	VERB
cblr-3009	335	11	the	the	DET
cblr-3009	335	12	unfettered	unfettered	ADJ
cblr-3009	335	13	ability	ability	NOUN
cblr-3009	335	14	to	to	PART
cblr-3009	335	15	collectively	collectively	ADV
cblr-3009	335	16	set	set	VERB
cblr-3009	335	17	interchange	interchange	NOUN
cblr-3009	335	18	fees	fee	NOUN
cblr-3009	335	19	?	?	PUNCT
cblr-3009	336	1	or	or	CCONJ
cblr-3009	336	2	,	,	PUNCT
cblr-3009	336	3	does	do	AUX
cblr-3009	336	4	it	it	PRON
cblr-3009	336	5	suggest	suggest	VERB
cblr-3009	336	6	the	the	DET
cblr-3009	336	7	opposite	opposite	NOUN
cblr-3009	336	8	:	:	PUNCT
cblr-3009	336	9	that	that	SCONJ
cblr-3009	336	10	constraints	constraint	NOUN
cblr-3009	336	11	on	on	ADP
cblr-3009	336	12	mastercard	mastercard	PROPN
cblr-3009	336	13	and	and	CCONJ
cblr-3009	336	14	visa	visa	NOUN
cblr-3009	336	15	interchange	interchange	NOUN
cblr-3009	336	16	fees	fee	NOUN
cblr-3009	336	17	actually	actually	ADV
cblr-3009	336	18	restrict	restrict	VERB
cblr-3009	336	19	the	the	DET
cblr-3009	336	20	amount	amount	NOUN
cblr-3009	336	21	that	that	PRON
cblr-3009	336	22	american	american	PROPN
cblr-3009	336	23	express	express	NOUN
cblr-3009	336	24	can	can	AUX
cblr-3009	336	25	charge	charge	VERB
cblr-3009	336	26	?	?	PUNCT
cblr-3009	337	1	iv	iv	X
cblr-3009	337	2	.	.	PUNCT
cblr-3009	337	3	conclusion	conclusion	NOUN
cblr-3009	337	4	in	in	ADP
cblr-3009	337	5	our	our	PRON
cblr-3009	337	6	discussion	discussion	NOUN
cblr-3009	337	7	,	,	PUNCT
cblr-3009	337	8	we	we	PRON
cblr-3009	337	9	have	have	AUX
cblr-3009	337	10	suggested	suggest	VERB
cblr-3009	337	11	answers	answer	NOUN
cblr-3009	337	12	to	to	ADP
cblr-3009	337	13	some	some	PRON
cblr-3009	337	14	of	of	ADP
cblr-3009	337	15	these	these	DET
cblr-3009	337	16	questions	question	NOUN
cblr-3009	337	17	that	that	PRON
cblr-3009	337	18	may	may	AUX
cblr-3009	337	19	help	help	VERB
cblr-3009	337	20	form	form	VERB
cblr-3009	337	21	the	the	DET
cblr-3009	337	22	basis	basis	NOUN
cblr-3009	337	23	for	for	ADP
cblr-3009	337	24	informed	informed	ADJ
cblr-3009	337	25	decisionmaking	decisionmaking	NOUN
cblr-3009	337	26	.	.	PUNCT
cblr-3009	338	1	49	49	NUM
cblr-3009	338	2	nonetheless	nonetheless	ADV
cblr-3009	338	3	,	,	PUNCT
cblr-3009	338	4	it	it	PRON
cblr-3009	338	5	is	be	AUX
cblr-3009	338	6	uncertain	uncertain	ADJ
cblr-3009	338	7	whether	whether	SCONJ
cblr-3009	338	8	any	any	PRON
cblr-3009	338	9	from	from	ADP
cblr-3009	338	10	the	the	DET
cblr-3009	338	11	federal	federal	PROPN
cblr-3009	338	12	reserve	reserve	PROPN
cblr-3009	338	13	's	's	PART
cblr-3009	338	14	survey	survey	NOUN
cblr-3009	338	15	of	of	ADP
cblr-3009	338	16	consumer	consumer	NOUN
cblr-3009	338	17	finances	finance	NOUN
cblr-3009	338	18	for	for	ADP
cblr-3009	338	19	the	the	DET
cblr-3009	338	20	years	year	NOUN
cblr-3009	338	21	1992	1992	NUM
cblr-3009	338	22	through	through	ADP
cblr-3009	338	23	2001	2001	NUM
cblr-3009	338	24	)	)	PUNCT
cblr-3009	338	25	.	.	PUNCT
cblr-3009	339	1	48	48	NUM
cblr-3009	339	2	rochet	rochet	PROPN
cblr-3009	339	3	&	&	CCONJ
cblr-3009	339	4	tirole	tirole	PROPN
cblr-3009	339	5	,	,	PUNCT
cblr-3009	339	6	supra	supra	PROPN
cblr-3009	339	7	note	note	PROPN
cblr-3009	339	8	41	41	NUM
cblr-3009	339	9	,	,	PUNCT
cblr-3009	339	10	at	at	ADP
cblr-3009	339	11	563	563	NUM
cblr-3009	339	12	.	.	PUNCT
cblr-3009	340	1	this	this	DET
cblr-3009	340	2	statement	statement	NOUN
cblr-3009	340	3	assumes	assume	VERB
cblr-3009	340	4	that	that	SCONJ
cblr-3009	340	5	american	american	PROPN
cblr-3009	340	6	express	express	NOUN
cblr-3009	340	7	remains	remain	VERB
cblr-3009	340	8	exclusively	exclusively	ADV
cblr-3009	340	9	a	a	DET
cblr-3009	340	10	proprietary	proprietary	ADJ
cblr-3009	340	11	system	system	NOUN
cblr-3009	340	12	that	that	PRON
cblr-3009	340	13	both	both	DET
cblr-3009	340	14	issues	issue	NOUN
cblr-3009	340	15	and	and	CCONJ
cblr-3009	340	16	acquires	acquire	VERB
cblr-3009	340	17	.	.	PUNCT
cblr-3009	341	1	9	9	NUM
cblr-3009	341	2	see	see	VERB
cblr-3009	341	3	also	also	ADV
cblr-3009	341	4	dennis	dennis	PROPN
cblr-3009	341	5	w.	w.	PROPN
cblr-3009	341	6	carlton	carlton	PROPN
cblr-3009	341	7	&	&	CCONJ
cblr-3009	341	8	alan	alan	PROPN
cblr-3009	341	9	s.	s.	PROPN
cblr-3009	341	10	frankel	frankel	PROPN
cblr-3009	341	11	,	,	PUNCT
cblr-3009	341	12	the	the	DET
cblr-3009	341	13	antitrust	antitrust	ADJ
cblr-3009	341	14	economics	economic	NOUN
cblr-3009	341	15	of	of	ADP
cblr-3009	341	16	credit	credit	NOUN
cblr-3009	341	17	card	card	NOUN
cblr-3009	341	18	networks	network	NOUN
cblr-3009	341	19	,	,	PUNCT
cblr-3009	341	20	63	63	NUM
cblr-3009	341	21	antitrust	antitrust	ADJ
cblr-3009	341	22	l.j	l.j	NOUN
cblr-3009	341	23	.	.	PROPN
cblr-3009	341	24	643	643	NUM
cblr-3009	341	25	(	(	PUNCT
cblr-3009	341	26	1995	1995	NUM
cblr-3009	341	27	)	)	PUNCT
cblr-3009	341	28	;	;	PUNCT
cblr-3009	341	29	dennis	dennis	PROPN
cblr-3009	341	30	w.	w.	PROPN
cblr-3009	341	31	carlton	carlton	PROPN
cblr-3009	341	32	&	&	CCONJ
cblr-3009	341	33	alan	alan	PROPN
cblr-3009	341	34	s.	s.	PROPN
cblr-3009	341	35	frankel	frankel	PROPN
cblr-3009	341	36	,	,	PUNCT
cblr-3009	341	37	the	the	DET
cblr-3009	341	38	antitrust	antitrust	ADJ
cblr-3009	341	39	economics	economic	NOUN
cblr-3009	341	40	of	of	ADP
cblr-3009	341	41	credit	credit	NOUN
cblr-3009	341	42	card	card	NOUN
cblr-3009	341	43	networks	network	NOUN
cblr-3009	341	44	:	:	PUNCT
cblr-3009	341	45	reply	reply	NOUN
cblr-3009	341	46	to	to	ADP
cblr-3009	341	47	evans	evans	PROPN
cblr-3009	341	48	and	and	CCONJ
cblr-3009	341	49	schmalensee	schmalensee	PROPN
cblr-3009	341	50	comment	comment	NOUN
cblr-3009	341	51	,	,	PUNCT
cblr-3009	341	52	63	63	NUM
cblr-3009	341	53	antitrust	antitrust	ADJ
cblr-3009	341	54	l.j	l.j	NOUN
cblr-3009	341	55	.	.	PROPN
cblr-3009	341	56	903	903	NUM
cblr-3009	341	57	(	(	PUNCT
cblr-3009	341	58	1995	1995	NUM
cblr-3009	341	59	)	)	PUNCT
cblr-3009	341	60	;	;	PUNCT
cblr-3009	341	61	dennis	dennis	PROPN
cblr-3009	341	62	w.	w.	PROPN
cblr-3009	341	63	carlton	carlton	PROPN
cblr-3009	341	64	&	&	CCONJ
cblr-3009	341	65	alan	alan	PROPN
cblr-3009	341	66	s.	s.	PROPN
cblr-3009	341	67	frankel	frankel	PROPN
cblr-3009	341	68	,	,	PUNCT
cblr-3009	341	69	antitrust	antitrust	ADJ
cblr-3009	341	70	and	and	CCONJ
cblr-3009	341	71	payment	payment	NOUN
cblr-3009	341	72	technologies	technology	NOUN
cblr-3009	341	73	,	,	PUNCT
cblr-3009	341	74	77	77	NUM
cblr-3009	341	75	fed	fed	PROPN
cblr-3009	341	76	.	.	PUNCT
cblr-3009	342	1	res	re	NOUN
cblr-3009	342	2	.	.	PUNCT
cblr-3009	342	3	bank	bank	PROPN
cblr-3009	342	4	of	of	ADP
cblr-3009	342	5	st	st	PROPN
cblr-3009	342	6	.	.	PROPN
cblr-3009	342	7	louis	louis	PROPN
cblr-3009	342	8	rev	rev	PROPN
cblr-3009	342	9	.	.	PROPN
cblr-3009	342	10	41	41	NUM
cblr-3009	342	11	(	(	PUNCT
cblr-3009	342	12	1995	1995	NUM
cblr-3009	342	13	)	)	PUNCT
cblr-3009	342	14	;	;	PUNCT
cblr-3009	342	15	frankel	frankel	NOUN
cblr-3009	342	16	,	,	PUNCT
cblr-3009	342	17	supra	supra	PROPN
cblr-3009	342	18	note	note	PROPN
cblr-3009	342	19	34	34	NUM
cblr-3009	342	20	;	;	PUNCT
cblr-3009	342	21	alan	alan	PROPN
cblr-3009	342	22	s.	s.	PROPN
cblr-3009	342	23	frankel	frankel	PROPN
cblr-3009	342	24	,	,	PUNCT
cblr-3009	342	25	interchange	interchange	NOUN
cblr-3009	342	26	fees	fee	NOUN
cblr-3009	342	27	in	in	ADP
cblr-3009	342	28	various	various	ADJ
cblr-3009	342	29	countries	country	NOUN
cblr-3009	342	30	:	:	PUNCT
cblr-3009	342	31	transaction	transaction	NOUN
cblr-3009	342	32	costs	cost	NOUN
cblr-3009	342	33	and	and	CCONJ
cblr-3009	342	34	externalitiesno	externalitiesno	ADJ
cblr-3009	342	35	.	.	PUNCT
cblr-3009	343	1	3:6171	3:6171	NUM
cblr-3009	343	2	columbia	columbia	PROPN
cblr-3009	343	3	business	business	PROPN
cblr-3009	343	4	la	la	PROPN
cblr-3009	343	5	w	w	PROPN
cblr-3009	343	6	review	review	PROPN
cblr-3009	343	7	consensus	consensus	NOUN
cblr-3009	343	8	will	will	AUX
cblr-3009	343	9	emerge	emerge	VERB
cblr-3009	343	10	on	on	ADP
cblr-3009	343	11	these	these	DET
cblr-3009	343	12	contentious	contentious	ADJ
cblr-3009	343	13	issues	issue	NOUN
cblr-3009	343	14	.	.	PUNCT
cblr-3009	344	1	in	in	ADP
cblr-3009	344	2	light	light	NOUN
cblr-3009	344	3	of	of	ADP
cblr-3009	344	4	the	the	DET
cblr-3009	344	5	different	different	ADJ
cblr-3009	344	6	approaches	approach	NOUN
cblr-3009	344	7	taken	take	VERB
cblr-3009	344	8	in	in	ADP
cblr-3009	344	9	other	other	ADJ
cblr-3009	344	10	countries	country	NOUN
cblr-3009	344	11	,	,	PUNCT
cblr-3009	344	12	a	a	DET
cblr-3009	344	13	body	body	NOUN
cblr-3009	344	14	of	of	ADP
cblr-3009	344	15	evidence	evidence	NOUN
cblr-3009	344	16	will	will	AUX
cblr-3009	344	17	likely	likely	ADV
cblr-3009	344	18	develop	develop	VERB
cblr-3009	344	19	to	to	PART
cblr-3009	344	20	confront	confront	VERB
cblr-3009	344	21	the	the	DET
cblr-3009	344	22	highly	highly	ADV
cblr-3009	344	23	theoretical	theoretical	ADJ
cblr-3009	344	24	economic	economic	ADJ
cblr-3009	344	25	models	model	NOUN
cblr-3009	344	26	offered	offer	VERB
cblr-3009	344	27	in	in	ADP
cblr-3009	344	28	defense	defense	NOUN
cblr-3009	344	29	of	of	ADP
cblr-3009	344	30	interchange	interchange	NOUN
cblr-3009	344	31	fees	fee	NOUN
cblr-3009	344	32	,	,	PUNCT
cblr-3009	344	33	the	the	DET
cblr-3009	344	34	no	no	DET
cblr-3009	344	35	-	-	PUNCT
cblr-3009	344	36	surcharge	surcharge	NOUN
cblr-3009	344	37	rule	rule	NOUN
cblr-3009	344	38	,	,	PUNCT
cblr-3009	344	39	and	and	CCONJ
cblr-3009	344	40	other	other	ADJ
cblr-3009	344	41	controversial	controversial	ADJ
cblr-3009	344	42	practices	practice	NOUN
cblr-3009	344	43	in	in	ADP
cblr-3009	344	44	two	two	NUM
cblr-3009	344	45	-	-	PUNCT
cblr-3009	344	46	sided	sided	ADJ
cblr-3009	344	47	retail	retail	ADJ
cblr-3009	344	48	payment	payment	NOUN
cblr-3009	344	49	systems.0	systems.0	ADJ
cblr-3009	344	50	comment	comment	NOUN
cblr-3009	344	51	on	on	ADP
cblr-3009	344	52	weiner	weiner	NOUN
cblr-3009	344	53	and	and	CCONJ
cblr-3009	344	54	wright	wright	PROPN
cblr-3009	344	55	(	(	PUNCT
cblr-3009	344	56	fed	fed	PROPN
cblr-3009	344	57	.	.	PUNCT
cblr-3009	345	1	res	re	NOUN
cblr-3009	345	2	.	.	PUNCT
cblr-3009	346	1	bank	bank	PROPN
cblr-3009	346	2	of	of	ADP
cblr-3009	346	3	kansas	kansas	PROPN
cblr-3009	346	4	city	city	PROPN
cblr-3009	346	5	,	,	PUNCT
cblr-3009	346	6	presented	present	VERB
cblr-3009	346	7	at	at	ADP
cblr-3009	346	8	interchange	interchange	NOUN
cblr-3009	346	9	fees	fee	NOUN
cblr-3009	346	10	in	in	ADP
cblr-3009	346	11	credit	credit	NOUN
cblr-3009	346	12	and	and	CCONJ
cblr-3009	346	13	debit	debit	NOUN
cblr-3009	346	14	card	card	NOUN
cblr-3009	346	15	industries	industry	NOUN
cblr-3009	346	16	:	:	PUNCT
cblr-3009	346	17	what	what	DET
cblr-3009	346	18	role	role	NOUN
cblr-3009	346	19	for	for	ADP
cblr-3009	346	20	public	public	ADJ
cblr-3009	346	21	authorities	authority	NOUN
cblr-3009	346	22	?	?	PUNCT
cblr-3009	346	23	)	)	PUNCT
cblr-3009	346	24	,	,	PUNCT
cblr-3009	346	25	(	(	PUNCT
cblr-3009	346	26	may	may	PROPN
cblr-3009	346	27	5	5	NUM
cblr-3009	346	28	,	,	PUNCT
cblr-3009	346	29	2005	2005	NUM
cblr-3009	346	30	)	)	PUNCT
cblr-3009	346	31	,	,	PUNCT
cblr-3009	346	32	available	available	ADJ
cblr-3009	346	33	at	at	ADP
cblr-3009	346	34	http://www.kansascityfed.org/frfs/psr/pdf/frankeldiscussantremarks	http://www.kansascityfed.org/frfs/psr/pdf/frankeldiscussantremarks	PROPN
cblr-3009	346	35	_	_	PROPN
cblr-3009	346	36	final6-8-05.pdf	final6-8-05.pdf	PROPN
cblr-3009	346	37	;	;	PUNCT
cblr-3009	346	38	alan	alan	PROPN
cblr-3009	346	39	s.	s.	PROPN
cblr-3009	346	40	frankel	frankel	PROPN
cblr-3009	346	41	&	&	CCONJ
cblr-3009	346	42	allan	allan	PROPN
cblr-3009	346	43	l.	l.	PROPN
cblr-3009	346	44	shampine	shampine	PROPN
cblr-3009	346	45	,	,	PUNCT
cblr-3009	346	46	house	house	PROPN
cblr-3009	346	47	of	of	ADP
cblr-3009	346	48	cards	card	NOUN
cblr-3009	346	49	:	:	PUNCT
cblr-3009	346	50	a	a	DET
cblr-3009	346	51	competitive	competitive	ADJ
cblr-3009	346	52	analysis	analysis	NOUN
cblr-3009	346	53	of	of	ADP
cblr-3009	346	54	interchange	interchange	NOUN
cblr-3009	346	55	fees	fee	NOUN
cblr-3009	346	56	,	,	PUNCT
cblr-3009	346	57	antitrust	antitrust	ADJ
cblr-3009	346	58	l.j	l.j	NOUN
cblr-3009	346	59	.	.	PUNCT
cblr-3009	347	1	(	(	PUNCT
cblr-3009	347	2	forthcoming	forthcoming	ADJ
cblr-3009	347	3	)	)	PUNCT
cblr-3009	347	4	.	.	PUNCT
cblr-3009	348	1	"	"	PUNCT
cblr-3009	348	2	0	0	NUM
cblr-3009	348	3	australia	australia	PROPN
cblr-3009	348	4	's	's	PART
cblr-3009	348	5	central	central	ADJ
cblr-3009	348	6	bank	bank	NOUN
cblr-3009	348	7	,	,	PUNCT
cblr-3009	348	8	for	for	ADP
cblr-3009	348	9	example	example	NOUN
cblr-3009	348	10	,	,	PUNCT
cblr-3009	348	11	has	have	AUX
cblr-3009	348	12	significantly	significantly	ADV
cblr-3009	348	13	reduced	reduce	VERB
cblr-3009	348	14	the	the	DET
cblr-3009	348	15	level	level	NOUN
cblr-3009	348	16	of	of	ADP
cblr-3009	348	17	credit	credit	NOUN
cblr-3009	348	18	card	card	NOUN
cblr-3009	348	19	interchange	interchange	NOUN
cblr-3009	348	20	fees	fee	NOUN
cblr-3009	348	21	and	and	CCONJ
cblr-3009	348	22	has	have	AUX
cblr-3009	348	23	suggested	suggest	VERB
cblr-3009	348	24	that	that	SCONJ
cblr-3009	348	25	further	further	ADJ
cblr-3009	348	26	reductions	reduction	NOUN
cblr-3009	348	27	,	,	PUNCT
cblr-3009	348	28	perhaps	perhaps	ADV
cblr-3009	348	29	towards	towards	ADP
cblr-3009	348	30	a	a	DET
cblr-3009	348	31	par	par	NOUN
cblr-3009	348	32	collection	collection	NOUN
cblr-3009	348	33	system	system	NOUN
cblr-3009	348	34	,	,	PUNCT
cblr-3009	348	35	might	might	AUX
cblr-3009	348	36	be	be	AUX
cblr-3009	348	37	forthcoming	forthcoming	ADJ
cblr-3009	348	38	.	.	PUNCT
cblr-3009	349	1	see	see	VERB
cblr-3009	349	2	reserve	reserve	PROPN
cblr-3009	349	3	bank	bank	PROPN
cblr-3009	349	4	of	of	ADP
cblr-3009	349	5	australia	australia	PROPN
cblr-3009	349	6	,	,	PUNCT
cblr-3009	349	7	reform	reform	NOUN
cblr-3009	349	8	of	of	ADP
cblr-3009	349	9	the	the	DET
cblr-3009	349	10	eftpos	eftpos	NOUN
cblr-3009	349	11	and	and	CCONJ
cblr-3009	349	12	visa	visa	NOUN
cblr-3009	349	13	debit	debit	NOUN
cblr-3009	349	14	systems	system	NOUN
cblr-3009	349	15	in	in	ADP
cblr-3009	349	16	australia	australia	PROPN
cblr-3009	349	17	,	,	PUNCT
cblr-3009	349	18	a	a	DET
cblr-3009	349	19	consultation	consultation	NOUN
cblr-3009	349	20	document	document	NOUN
cblr-3009	349	21	2	2	NUM
cblr-3009	349	22	(	(	PUNCT
cblr-3009	349	23	2005	2005	NUM
cblr-3009	349	24	)	)	PUNCT
cblr-3009	349	25	,	,	PUNCT
cblr-3009	349	26	available	available	ADJ
cblr-3009	349	27	at	at	ADP
cblr-3009	349	28	http://www.rba.gov.au/paymentssysteni/reforms/	http://www.rba.gov.au/paymentssysteni/reforms/	SCONJ
cblr-3009	349	29	eftpos	eftpos	PROPN
cblr-3009	349	30	/	/	SYM
cblr-3009	349	31	consultdocfeb2005/.	consultdocfeb2005/.	PROPN
cblr-3009	350	1	[	[	X
cblr-3009	350	2	vol	vol	NOUN
cblr-3009	350	3	.	.	PUNCT
cblr-3009	350	4	2005	2005	NUM