Pricing with Consumer Switching Costs: Evidence from the Credit Card Market

By Victor Stango. 2002

147 citations recorded by the source corpus.

Subfields: Accounting, Finance, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/fc422a7dac95e2c91b5b514857e9d9c8aa9470c2

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Citations in the corpus

An empirical assessment of the impact of switching costs and first mover advantages on firm performance (2008, background): “According to the existing literature, there is an important gap between the theoretical and the empirical research on switching costs (Stango, 2002; Grzybowski, 2007; Chen and Hitt, 2007; Viard, forthcoming).”
The Economics of Credit Cards, Debit Cards and Atms: A Survey and Some New Evidence (2008, unknown): “In order to test this hypothesis, Stango (2002) regresses credit card interest rates of different banks against the outstanding balances of card consumers at those banks.”
Switching Costs in Local Credit Markets (2011, unknown): “consumer inertia caused by search costs or switching costs. Stango (2002) shows that credit”
Does Advertising Overcome Brand Loyalty? Evidence from the Breakfast-Cereals Market (2004, background): “…in oligopolistic industries (see, for example, Klemperer 1984, 1985), as well as a more recent empirical literature measuring the extent of switching costs in specific markets [see Chen and Hitt (2001) for a study of online brokerages, and Stango (2002) for an examination of credit card markets].”
Coordination and Lock-In: Competition with Switching Costs and Network Effects (2006, unknown): “…featured in a range of significant antitrust cases, including IBM and Kodak; the network effect by which popular operating systems attract applications software supply was central in the US Microsoft case; and both network effects and switching costs are important in the European Microsoft case.”
Do Switching Costs Make Markets Less Competitive? (2009, background): “Each firm sets a pricing policy to maximize the discounted sum of profits over an infinite horizon.”
An Empirical Analysis of Payment Card Usage (2007, background): “Stango [2000, 2002] studies the interaction between issuing banks over their choice of fixed or variable interest rates and their pricing in the face of consumers with switching costs.”
Demand Estimation and Consumer Welfare in the Banking Industry (2008, unknown): “See also Kiser (2002b), Sharpe (1997), Calem and Mester (1995) and Stango (2002).”