Switching Costs and Adverse Selection in the Market for Credit Cards: New Evidence

By P. Calem, Michael B. Gordy, L. Mester. 2005

125 citations recorded by the source corpus.

Subfields: Finance, Marketing, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/4f12030c50fefea8df2ce18441fba4ad7c428f6f

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Finance

1. S. Chomsisengphet
2. Sumit Agarwal
3. F. Signoretti
4. Chunlin Liu
5. Nick Souleles
6. S. Neri
7. Luca Sessa
8. Andrea Gerali

In Marketing

1. Sumit Agarwal

In Strategy and Management

1. F. Signoretti
2. Sumit Agarwal
3. S. Neri
4. Luca Sessa
5. Andrea Gerali

Citations in the corpus

• The Economics of Credit Cards, Debit Cards and Atms: A Survey and Some New Evidence (2008, unknown): “In terms of search costs for example, Calem et al. (2005) argue that consumers who have higher credit card balances also face higher search costs because they have higher disutility from searching.”
• Do Consumers Choose the Right Credit Contracts (2015, background): “Among other potential explanations for APR stickiness, Ausubel (1991), Calem and Mester (1995), and Calem, Gordy, and Mester (2005) point out that switching costs could also make consumers relatively less sensitive to the APR on a given credit card, ceteris paribus. outcomes appear not to be…”
• Credit and Banking in a DSGE Model of the Euro Area (2010, background): “We assume that these elasticities of substitution among contracts offered by different banks are stochastic.”