Do the choices of consumers who search for a product's best price exhibit risk neutral, risk averse or loss averse risk … pay for continued search and the level of price uncertainty depends on her risk preferences. Independent of the current … best price, an increase in price uncertainty encourages continued search when consumers are risk neutral. However, we prove …

We test the interest rate sensitivity of subprime credit card borrowers using a unique panel data set from a UK credit … then find that individuals who tend to utilize their credit limits fully do not reduce their demand for credit when subject … estimating credit demand elasticities. We show that estimating a standard credit demand equation with the nonexperimental …

We test the interest rate sensitivity of subprime credit card borrowers using a unique panel data set from a UK credit … conducted by the lender between October 2006 and January 2007. We find that individuals who tend to utilize their credit limits … fully do not reduce their demand for credit when subject to increases in interest rates as high as 3 percentage points. This …

We test the interest rate sensitivity of subprime credit card borrowers using a unique panel data set from a UK credit … conducted by the lender between October 2006 and January 2007. We find that individuals who tend to utilize their credit limits … fully do not reduce their demand for credit when subject to increases in interest rates as high as 3 percentage points. This …

We test the interest rate sensitivity of subprime credit card borrowers using a unique panel data set from a UK credit … conducted by the lender between October 2006 and January 2007. We find that individuals who tend to utilize their credit limits … fully do not reduce their demand for credit when subject to increases in interest rates as high as 3 percentage points. This …

with financial literacy deficiencies risk consumer credit product exploitation …Credit card companies charge an interchange fee for each transaction, and almost half of this fee is returned to … consumers in the form of a reward or perk program. Among credit card users who do not use cards for borrowing (convenience users …