IDEAS home Printed from https://ideas.repec.org/a/oup/ajagec/v56y1974i1p129-134..html
   My bibliography  Save this article

Credit Card Purchasing and Static Consumer Behavior Theory

Author

Listed:
  • Thomas L. Sporleder
  • Robert R. Wilson

Abstract

This article treats the theoretical consequences of consumer credit card use. A delayed repayment model provides consumer optimization and indifference conditions between cash and credit card transactions. Under realistic interest and opportunity cost rates, consumers can rationally let a balance revolve about 39 percent of the time and maintain indifference over time.

Suggested Citation

  • Thomas L. Sporleder & Robert R. Wilson, 1974. "Credit Card Purchasing and Static Consumer Behavior Theory," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 56(1), pages 129-134.
    • Handle: RePEc:oup:ajagec:v:56:y:1974:i:1:p:129-134.
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.2307/1239354
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Jane Brown & Anders Wäppling & Helen Woodruffe-Burton & Kate Black, 2017. "The orbit of consumer credit choices," Journal of Financial Services Marketing, Palgrave Macmillan, vol. 22(2), pages 85-96, June.
    2. Hasan, Syed Akif & Subhani, Muhammad Imtiaz & Osman, Ms. Amber, 2011. "Plastic Money/Credit Cards Charisma for Now and Then (A Thin Line between Easy Money and Risky Money)," MPRA Paper 34739, University Library of Munich, Germany, revised 2011.

    More about this item

    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:oup:ajagec:v:56:y:1974:i:1:p:129-134.. 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.

    We have no bibliographic references for this item. You can help adding them by using 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: Oxford University Press (email available below). General contact details of provider: https://edirc.repec.org/data/aaeaaea.html .

    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.