Skip to content
RDP 2018-11: Consumer Credit Card Choice: Costs, Benefits and Behavioural Biases
Equation
o
u
t
c
o
m
e
(
$
)
=
α
0
+
α
1
o
f
f
e
r
s
t
i
l
l
a
p
p
l
i
e
s
+
α
2
o
f
f
e
r
n
o
l
o
n
g
e
r
a
p
p
l
i
e
s
+
α
3
c
a
n
′
t
r
e
m
e
m
b
e
r
/
u
n
s
u
r
e
+
γ
X
+
ε