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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

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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