Construct · 1 fields · 1 citations

present bias and credit card borrowing: a standalone construct

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Behavioral economics

people whose choices show present bias carrying more credit card debt than people with consistent time preferences.

In behavioral economics, present bias and credit card borrowing refers to people whose choices show present bias carrying more credit card debt than people with consistent time preferences. This meaning comes from Meier (2010) in American Economic Journal: Applied Economics.[1]

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Nearby constructs

bias6 fields · 8 citationsjingle · one name, six constructs credit2 fields · 2 citationsjingle · one word, two constructs debt3 fields · 3 citationsjingle · one word, three carriers

References

Meier, S., & Sprenger, C. (2010). Present-Biased Preferences and Credit Card Borrowing. American Economic Journal: Applied Economics, 2(1), 193-210. https://doi.org/10.1257/app.2.1.193

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