IDEAS home Printed from https://ideas.repec.org/a/rmk/rmkbae/v11y2024i2p65-81.html
   My bibliography  Save this article

Exploring the Impact of the Cash Cards on Taiwan’s Dual-Card Crisis under the Information Asymmetry

Author

Listed:
  • Chih-Hsiung Chang

Abstract

The purpose of the article was to explore the impact of the cash cards on Taiwan’s dual-card crisis under the information asymmetry. Accordingly, the article was based on the quality analysis primarily combined with the method of the document analysis and constructed the information asymmetry model ,including the two criteria of the adverse selections and the moral hazards. The results of the article showed that the impact of the cash cards on Taiwan’s dual-card crisis was no less than that of the credit cards even if the issuing scale of the cash cards was much smaller . The findings revealed the significant management implication for the financial authorities that the cash cards shouldn’t be ignored if the dual-card crisis needed to be solved.

Suggested Citation

  • Chih-Hsiung Chang, 2024. "Exploring the Impact of the Cash Cards on Taiwan’s Dual-Card Crisis under the Information Asymmetry," Bulletin of Applied Economics, Risk Market Journals, vol. 11(2), pages 65-81.
    • Handle: RePEc:rmk:rmkbae:v:11:y:2024:i:2:p:65-81
    as

    Download full text from publisher

    File URL: https://www.riskmarket.co.uk/bae/journals-articles/issues/exploring-the-impact-of-the-cash-cards-on-taiwans-dual-card-crisis-under-the-information-asymmetry/?download=attachment.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Maude Pugliese & Céline Le Bourdais & Shelley Clark, 2021. "Credit Card Debt and the Provision of Financial Support to Kin in the US," Journal of Family and Economic Issues, Springer, vol. 42(4), pages 616-632, December.
    2. Paul Thompson, 2020. "The Relationship between Consumer Credit Card Debt and Immigrants in the UK: A Systematic Review," American Journal of Economics, AJPO Journals Limited, vol. 4(2), pages 86-114.
    3. Andrews, Talbot M. & Delton, Andrew W. & Kline, Reuben, 2022. "Anticipating moral hazard undermines climate mitigation in an experimental geoengineering game," Ecological Economics, Elsevier, vol. 196(C).
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Heyen, Daniel & Tavoni, Alessandro, 2024. "Strategic dimensions of solar geoengineering: Economic theory and experiments," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 112(C).
    2. Beckage, Brian & Lacasse, Katherine & Raimi, Kaitlin T. & Visioni, Daniele, 2023. "Integrating Risk Perception with Climate Models to Understand the Potential Deployment of Solar Radiation Modification to Mitigate Climate Change," RFF Working Paper Series 23-22, Resources for the Future.
    3. Sovacool, Benjamin K. & Baum, Chad M. & Low, Sean, 2023. "Beyond climate stabilization: Exploring the perceived sociotechnical co-impacts of carbon removal and solar geoengineering," Ecological Economics, Elsevier, vol. 204(PA).
    4. Terre Satterfield & Sara Nawaz & Guillaume Peterson St-Laurent, 2023. "Exploring public acceptability of direct air carbon capture with storage: climate urgency, moral hazards and perceptions of the ‘whole versus the parts’," Climatic Change, Springer, vol. 176(2), pages 1-21, February.
    5. Todd L. Cherry & Stephan Kroll & David M. McEvoy, 2023. "Climate cooperation with risky solar geoengineering," Climatic Change, Springer, vol. 176(10), pages 1-14, October.
    6. Chih-Hsiung Chang, 2022. "Information Asymmetry and Card Debt Crisis in Taiwan," Bulletin of Applied Economics, Risk Market Journals, vol. 9(2), pages 123-145.
    7. Jeffrey Dankwa Ampah & Chao Jin & Haifeng Liu & Mingfa Yao & Sandylove Afrane & Humphrey Adun & Jay Fuhrman & David T. Ho & Haewon McJeon, 2024. "Deployment expectations of multi-gigatonne scale carbon removal could have adverse impacts on Asia’s energy-water-land nexus," Nature Communications, Nature, vol. 15(1), pages 1-14, December.
    8. Christine Merk & Gernot Wagner, 2024. "Presenting balanced geoengineering information has little effect on mitigation engagement," Climatic Change, Springer, vol. 177(1), pages 1-17, January.

    More about this item

    Keywords

    Cash card; Information asymmetry; Adverse selections; Moral hazards; Dual-card crisis.;
    All these keywords.

    JEL classification:

    • G01 - Financial Economics - - General - - - Financial Crises
    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • G28 - Financial Economics - - Financial Institutions and Services - - - Government Policy and Regulation

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:rmk:rmkbae:v:11:y:2024:i:2:p:65-81. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Eleftherios Spyromitros-Xioufis (email available below). General contact details of provider: http://www.riskmarket.co.uk/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.