Inattention and credit card repayment date-北京大学战略研究所

题目	Inattention and credit card repayment date
作者	Jiang, Jiajun Lee, Yi-Tsung Liu, Yu-Jane Meng, Juanjuan
作者单位	Fudan Univ, Sch Econ, Shanghai 200437, Peoples R China Peking Univ, Guanghua Sch Management, Beijing 100871, Peoples R China
关键词：	RATIONAL INATTENTION CONSUMERS IMPACT MONEY
时间：	2025年2月1日
出版者：	JOURNAL OF ECONOMIC BEHAVIOR & ORGANIZATION
摘要	This paper presents an analysis of how inattention affects credit card repayment dates. Data from an Asian commercial bank reveal that 70 % of repayments are made prior to the due date and 21 % are late. We show that exogenous reductions in attention levels, stemming from weekdayweekend variations in billing dates and natural disasters, amplify late repayments and diminish early repayments. We find that early repayments are not random errors, and consumers learn to pay earlier or sign up for automatic payment after historical delays. We introduce a model based on inattention and heterogeneous awareness to explain these findings.
URL	http://hdl.handle.net/20.500.11897/735452
ISSN	0167-2681
DOI	10.1016/j.jebo.2025.106906
收录情况	SSCI

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作者单位	Fudan Univ, Sch Econ, Shanghai 200437, Peoples R China Peking Univ, Guanghua Sch Management, Beijing 100871, Peoples R China	时间	2025年2月1日
出版者	JOURNAL OF ECONOMIC BEHAVIOR & ORGANIZATION	URL	http://hdl.handle.net/20.500.11897/735452
ISSN	0167-2681	DOI	10.1016/j.jebo.2025.106906
收录情况	SSCI	分类