Bank credit cards: Consumer irrationality versus market forces

Journal of Consumer Affairs

Volumn 30, Issue 2, 1996, Pages 373-389

  Cargill, Thomas F ^a   Wendel, Jeanne ^a  

^a UNIVERSITY OF NEVADA   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 0030517981     PISSN: 00220078     EISSN: None     Source Type: Journal    
DOI: 10.1111/j.1745-6606.1996.tb00063.x     Document Type: Article

References (12)

1. Ausubel, Lawrence (1991), "The Failure of Competition in the Credit Card Market," American Economic Review, 81 (March): 50-81.
2. Calem, Paul S. and Loretta J. Mester (1995), "Consumer Behavior and the Stickiness of Credit-Card Interest Rates," American Economic Review, 85(December): 1327-1336.
3. Canner, Glenn B. and Charles A. Luckett (1992), "Developments in the Pricing of Credit Card Services," Federal Reserve Bulletin (September): 652-666.
4. Cargill, Thomas F. and Gillian G. Garcia (1985), Financial Reform in the 1980s, Stanford, CA: Hoover Institution Press.
5. Cyrnak, Anthony (1985), "Credit Card Controversy," FRBSF Weekly Letter, San Francisco Federal Reserve Bank (27, December).
6. Glennon, Dennis and Mitchell Stengel (1994), "An Evaluation of the Federal Reserve Bank of Boston's Study of Racial Discrimination in Mortgage Lending," Comptroller of the Currency, Working Paper 94-2 (April).
7. Heckman, James (1976), "Sample Selection Bias as a Specification Error," Econometrica, 47: 153-161.
8. Heckman, James (1979), "The Common Structure of Statistical Models of Truncation, Sample Selection and Limited Dependent Variables and a Simple Estimator for Such Models," Annals of Economic and Social Measurement, 5: 475-492.
9. Kennickell, Arthur and Janice Shack-Marquez (1992), "Changes in Family Finances from 1983 to 1989: Evidence from the Survey of Consumer Finances," Federal Reserve Bulletin (January): 1-18.
10. Munnell, Alicia H., Lynn E. Browne, James McEaneaney, and Geoffrey M. B. Tootell (1992), "Mortgage Lending in Boston: Interpreting HMDA Data," Federal Reserve Bank of Boston, Working Paper No. 92-7 (October).
11. Pozdena, Randall (1991), "Solving the Mystery of High Credit Card Rates," FRBSF Weekly Letter, San Francisco Federal Reserve Bank (29, November).
12. U.S. Department of Commerce (U.S. DOC) (1989), Survey of Consumer Finances, 1989 Data Tape Documentation, Springfield, VA: National Technical Information Service.