Publication: Imposing choice on the uninformed: the case of dynamic currency conversion
Imposing choice on the uninformed: the case of dynamic currency conversion
Date
Date
Date
Citations
Ewerhart, C., & Li, S. (2023). Imposing choice on the uninformed: the case of dynamic currency conversion (No. 345; Working Paper Series / Department of Economics).
Abstract
Abstract
Abstract
Over the course of the past two decades, it has become a common experience for consumers authorizing an international transaction via credit card to be invited to choose the currency in which they wish the transaction to be executed. While this choice, made feasible by a technology known as dynamic currency conversion (DCC), seems to foster competition, we argue that the opposite is the case. In fact, the unique pure-strategy equilibrium in a natural fee-setting game, with uninformed and possibly inattentive consumers, turns out to be
Metrics
Citations
Additional indexing
Creators (Authors)
Series Name
Series Name
Series Name
Item Type
Item Type
Item Type
JEL Classification
JEL Classification
JEL Classification
G21
G28
G53
Keywords
Scope
Scope
Scope
Language
Language
Language
Publication date
Publication date
Publication date
Date available
Date available
Date available
Number of pages
Number of pages
Number of pages
ISSN or e-ISSN
ISSN or e-ISSN
ISSN or e-ISSN
Additional Information
Additional Information
Additional Information
OA Status
OA Status
OA Status
Other Identification Number
Other Identification Number
Other Identification Number
Related URLs
Related URLs
Related URLs
Metrics
Citations
Citations
Ewerhart, C., & Li, S. (2023). Imposing choice on the uninformed: the case of dynamic currency conversion (No. 345; Working Paper Series / Department of Economics).
