U-M School of Information / Federal Reserve Bank of Chicago: 1999 Symposium on Electronic Payments

1999 Symposium on Electronic Payment Systems
School of Information, University of Michigan
Friday, 17 September 1999
Ehrlicher Room, 411 West Hall

Agenda || Speakers || Abstracts || Related Resources

The Program for Research on the Information Economy (PRIE) at the School of Information, U-M, and the Federal Reserve Bank of Chicago hosted an all-day symposium on electronic-payment systems on Friday, September 17, 1999, at the School of Information.

The purpose of the meeting was to introduce to each other a wide number of people on campus and at the Federal Reserve Bank who are interested in or working on electronic payment systems research. The Federal Reserve has an active research program in this area and would like to explore collaboration and other opportunities for mutual benefit.

The format was largely workshop-style, by invitation. Researchers from Michigan and the Bank made short presentations introducing their work and areas of future interest. There was time for discussion, including discussion of future joint activities. There was a public keynote address by Edward Gramlich, Governor of the Federal Reserve System, Federal Reserve Board (Washington). Ned is also known to many at Michigan as the first dean of the School of Public Policy at U-M, and an economics professor and department chair here.

Agenda

OPENING SESSION

8:00 - 8:30 A.M
Ehrlicher Room Continental Breakfast

8:30 - 8:45 A.M. Professor Jeffrey MacKie-Mason, University of Michigan, School of Information, Department of Economics, and School of Public Policy and
David Allardice, Senior Vice President and Branch Manager, Chicago Federal Reserve Bank, Detroit Branch
"Opening Remarks"

8:45 - 9:30 A.M. Governor Edward M. Gramlich, Federal Reserve Board of Governors
Keynote address: "Electronic Payments Now and in the Future" [PDF]

9:30 - 9:45 A.M.
Ehrlicher Room Coffee Break

CONSUMER PERSPECTIVES

9:45 - 10:15 A.M. Brian Mantel, Federal Reserve Bank of Chicago
"Modeling Consumer Decision Processes" [PowerPoint] [PDF]

10:15 - 10:45 A.M. Professor Warren Whatley, University of Michigan, Department of Economics
"Electronic Commerce in Poor Urban Communities" [PDF, Attach1, Attach2]

LEGAL PERSPECTIVES

10:45 - 11:15 A.M. Bill Gram, Federal Reserve Bank of Chicago
"Digital Certificate Systems and Distinctions Between Closed and Open Networks" [PDF, Attach1, Attach2, Attach3]

11:15 - 11:45 A.M. Professor Ronald Mann, University of Michigan, School of Law
"A Payments Policy for the Information Age" [PDF]

11:45 A.M. - 1:15 P.M.
Michigan Union Lunch for speakers and Federal Reserve Bank visitors

MERCHANT PERSPECTIVES

1:15 - 1:45 P.M. Bob Chakravorti, Federal Reserve Bank of Chicago
"Modeling Merchant Decision Processes" [PDF]

1:45 - 2:15 P.M. Hal Davis, President, Blue Gill Inc.
"Internet Billing and Electronic Bill Presentment" [Web]

2:15 - 2:45 P.M. Bob Russell, University of Michigan, Financial Operations
"Smart Card Smarts: A Real World Experience with Electronic Payments"

2:45 - 3:00 P.M.
Ehrlicher Room Coffee Break

INFRASTRUCTURE

3:00 - 3:30 P.M. Professor Michael Wellman, University of Michigan, Dept. of Computer Science
"Automated Negotiation and Payment"

3:30 - 4:00 P.M. Peter Honeyman, Director, Center for Information Technology Integration, University of Michigan
"Public Key, No Infrastructure" [Web]

4:00 - 4:30 P.M. Professor Paul Resnick, University of Michigan, School of Information
"Trust and Reputation Infrastructure for the Internet" [PowerPoint presentation]

4:30 - 4:45 P.M. Professor Jeffrey MacKie-Mason and
David Allardice, Senior Vice President and Branch Manager, Chicago Federal Reserve Bank, Detroit Branch
"Closing Remarks"

OPENING SESSION
8:00 - 8:30 A.M Ehrlicher Room	Continental Breakfast
8:30 - 8:45 A.M.	Professor Jeffrey MacKie-Mason, University of Michigan, School of Information, Department of Economics, and School of Public Policy and David Allardice, Senior Vice President and Branch Manager, Chicago Federal Reserve Bank, Detroit Branch "Opening Remarks"
8:45 - 9:30 A.M.	Governor Edward M. Gramlich, Federal Reserve Board of Governors Keynote address: "Electronic Payments Now and in the Future" [PDF]
9:30 - 9:45 A.M. Ehrlicher Room	Coffee Break
CONSUMER PERSPECTIVES
9:45 - 10:15 A.M.	Brian Mantel, Federal Reserve Bank of Chicago "Modeling Consumer Decision Processes" [PowerPoint] [PDF]
10:15 - 10:45 A.M.	Professor Warren Whatley, University of Michigan, Department of Economics "Electronic Commerce in Poor Urban Communities" [PDF, Attach1, Attach2]
LEGAL PERSPECTIVES
10:45 - 11:15 A.M.	Bill Gram, Federal Reserve Bank of Chicago "Digital Certificate Systems and Distinctions Between Closed and Open Networks" [PDF, Attach1, Attach2, Attach3]
11:15 - 11:45 A.M.	Professor Ronald Mann, University of Michigan, School of Law "A Payments Policy for the Information Age" [PDF]
11:45 A.M. - 1:15 P.M. Michigan Union	Lunch for speakers and Federal Reserve Bank visitors
MERCHANT PERSPECTIVES
1:15 - 1:45 P.M.	Bob Chakravorti, Federal Reserve Bank of Chicago "Modeling Merchant Decision Processes" [PDF]
1:45 - 2:15 P.M.	Hal Davis, President, Blue Gill Inc. "Internet Billing and Electronic Bill Presentment" [Web]
2:15 - 2:45 P.M.	Bob Russell, University of Michigan, Financial Operations "Smart Card Smarts: A Real World Experience with Electronic Payments"
2:45 - 3:00 P.M. Ehrlicher Room	Coffee Break
INFRASTRUCTURE
3:00 - 3:30 P.M.	Professor Michael Wellman, University of Michigan, Dept. of Computer Science "Automated Negotiation and Payment"
3:30 - 4:00 P.M.	Peter Honeyman, Director, Center for Information Technology Integration, University of Michigan "Public Key, No Infrastructure" [Web]
4:00 - 4:30 P.M.	Professor Paul Resnick, University of Michigan, School of Information "Trust and Reputation Infrastructure for the Internet" [PowerPoint presentation]
4:30 - 4:45 P.M.	Professor Jeffrey MacKie-Mason and David Allardice, Senior Vice President and Branch Manager, Chicago Federal Reserve Bank, Detroit Branch "Closing Remarks"