Effects of price competition in the credit card industry

被引:6
|
作者
Park, S
机构
关键词
credit cards; consumer rationality; imperfect competition;
D O I
10.1016/S0165-1765(97)81883-6
中图分类号
F [经济];
学科分类号
02 ;
摘要
Using a sample of major credit card issuers, this study examines the effects of credit card rates on card loan growth and delinquency rates between 1991 and 1994. Lower card rates failed to sufficiently increase card loans, and the delinquency rate was positively related to the card rate. (C) 1997 Elsevier Science S.A.
引用
收藏
页码:79 / 85
页数:7
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