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Golden eggs versus plastic eggs: hyperbolic preferences and the persistence of debit

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  • Amanda King

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  • John King

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Abstract

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Suggested Citation

  • Amanda King & John King, 2011. "Golden eggs versus plastic eggs: hyperbolic preferences and the persistence of debit," Journal of Economics and Finance, Springer;Academy of Economics and Finance, vol. 35(1), pages 93-103, January.
  • Handle: RePEc:spr:jecfin:v:35:y:2011:i:1:p:93-103
    DOI: 10.1007/s12197-009-9107-1
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    References listed on IDEAS

    as
    1. Gong, Liutang & Smith, William & Zou, Heng-fu, 2007. "Consumption and Risk with hyperbolic discounting," Economics Letters, Elsevier, vol. 96(2), pages 153-160, August.
    2. Ron Borzekowski & K. Kiser Elizabeth & Ahmed Shaista, 2008. "Consumers' Use of Debit Cards: Patterns, Preferences, and Price Response," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 40(1), pages 149-172, February.
    3. Brian Mantel, 2000. "Why do consumers pay bills electronically? an empirical analysis," Economic Perspectives, Federal Reserve Bank of Chicago, issue Q IV, pages 32-48.
    4. Zinman, Jonathan, 2009. "Debit or credit?," Journal of Banking & Finance, Elsevier, vol. 33(2), pages 358-366, February.
    5. Jonathan Zinman, 2004. "Why use debit instead of credit? Consumer choice in a trillion-dollar market," Staff Reports 191, Federal Reserve Bank of New York.
    6. David Laibson, 1997. "Golden Eggs and Hyperbolic Discounting," The Quarterly Journal of Economics, Oxford University Press, vol. 112(2), pages 443-478.
    7. John P. Caskey & Gordon H. Sellon, 1994. "Is the debit card revolution finally here?," Economic Review, Federal Reserve Bank of Kansas City, issue Q IV, pages 79-95.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    Methods of Payment; Hyperbolic Preferences; Banking Services; Debit Cards; D14; D12; G11;

    JEL classification:

    • D14 - Microeconomics - - Household Behavior - - - Household Saving; Personal Finance
    • D12 - Microeconomics - - Household Behavior - - - Consumer Economics: Empirical Analysis
    • G11 - Financial Economics - - General Financial Markets - - - Portfolio Choice; Investment Decisions

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