Research Discussion Paper – RDP 2018-11 Consumer Credit Card Choice: Costs, Benefits and Behavioural Biases


I would like to thank Michele Bullock, David Emery, Chay Fisher, Gianni La Cava, Ed Tellez, Tony Richards, John Simon and Robert Slonim for their thoughtful feedback. Thank you also to seminar participants at the Reserve Bank of Australia and to others who provided helpful assistance and advice; in particular James Bishop, Dilhan Perera and Anirudh Yadav. This research builds on earlier analysis by Rebecca Fairbrother, Paul Ryan and Hao Wang. In addition, thanks to my colleagues Kimberly Francis, Sean Langcake, Jiamin Lim, Christian Maruthiah and Stephen Mitchell for help collecting some of the data used in this analysis. The views in this paper are my own and do not reflect the views of the Reserve Bank of Australia. Any errors are my own.