A number of jurisdictions are considering imposing price caps on the interchange fees that card issuers receive from … to consumers in the form of higher fees while merchants would pass on some of their reduced costs to consumers in the … between the issuer and merchant side that are likely to result in consumers incurring greater costs from increased fees than …

When firms' shrouding of charges, as in Gabaix and Laibson (2006), meets with consumers' salient thinking, as in … quality beyond what would be cost efficient. As more intense shopping leads to a greater “pass through” of shrouded charges … policy. While in our model all consumers are potential victims of salient thinking and shrouded charges, salient thinking …

pricing' of credit cards that emerge when cardholders face few fees but instead receive discounts, rewards and other …