Time Inconsistency in the Credit Card Market
By Haiyan Shui, Lawrence M. Ausubel. 2004
218 citations recorded by the source corpus.
Subfields: Finance, Marketing, Strategy and Management
View Paper: https://www.semanticscholar.org/paper/a6e3d841e960666adc8e32a8bc2a3bc4d1446db6
How researchers see this paper
The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.
In Finance
- Stefano DellaVigna
- B. Kőszegi
- Ulrike Malmendier
- Paul Heidhues
- Adam Szeidl
- Armin Falk
- Sendhil Mullainathan
- Michael Kremer
In Marketing
- B. Kőszegi
- Paul Heidhues
- Ulrike Malmendier
- Stefano DellaVigna
- Sendhil Mullainathan
- Adam Szeidl
- Michaela Pagel
- Steven D. Levitt
In Strategy and Management
- Ulrike Malmendier
- Armin Falk
- Sendhil Mullainathan
- Paul Heidhues
- Adam Szeidl
- Stefano DellaVigna
- B. Kőszegi
Citations in the corpus
- Unrealistic Expectations and Misguided Learning (2018, unknown): “In addition, there is empirical evidence that consumers are overoptimistic regarding future self-control (Shui and Ausubel, 2004, DellaVigna and Malmendier, 2006, for instance), that truck drivers persistently overestimate future productivity (Hoffman and Burks, 2013), that genetically predisposed…”
- Goal Setting and Energy Conservation (2014, background): “Thus, electricity use is much like credit card borrowing, with which present bias has been correlated (Meier and Sprenger, 2010; Shui and Ausubel, 2005).4 An alternative, broader interpretation is that while the benefits of consumption are enjoyed in the present, the nontrivial negative…”
- Self-Control at Work (2015, background): “Calibrations from field data also produce such large estimates ðe.g., Shui and Ausubel 2005; Paserman 2008; Fang and Silverman 2009Þ. Pay cycle effects are not unique to our setting.”
- Paying Not to Go to the Gym (2006, methodology): “We thank Bryan S. Graham for providing Mathematica code and Tobias Adrian, Augustin Landier, and Sendhil Mullainathan for inspiring conversations at the beginning of this project.”
- Defaults and Donations: Evidence from a Field Experiment (2019, background): “4For example, studies of credit card demand have found that consumers do not take various credit card fees into account (Agarwal et al., 2008) and tend to overvalue introductory “teaser (interest) rates” (Ausubel 1999 and Shui and Ausubel 2004) when choosing a credit card.”
- Exploiting Naïvete about Self-Control in the Credit Market (2010, background): “…idea, consumers overrespond to the introductory " teaser " rates in credit-card solicitations relative to the length of the introductory period (Shui and Ausubel 2004) and the postintroductory interest rate (Ausubel 1999)—suggesting that they end up borrowing more than they intended or…”