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The Failure of Competition in the Credit Card Market By Lawrence M. Ausubel, University of Maryland The American Economic Review, Volume 81, Number 1 (March 1991), 50–81. Copyright © American Economic Association 1991. All rights reserved.

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Page 1: The Failure of Competition in the Credit Card Market - Ausubel

The Failure of Competition in the Credit Card Market

By Lawrence M. Ausubel, University of Maryland

The American Economic Review, Volume 81, Number 1 (March 1991), 50–81.

Copyright © American Economic Association 1991. All rights reserved.

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