Awanis, Sandra (2024) Behind the Convenience : Exploring the Dangers of Default Payment Settings in Credit Card Repayments. In: Association of Consumer Research (ACR) Asia Pacific Conference, 2024-07-08 - 2024-07-11.
Full text not available from this repository.Abstract
Contrary to common assumptions that autopay helps consumers manage their finances, this research shows that autopay reduces credit card repayments compared to active choice repayments. Further, it creates to a 'sticky' default effect, where consumers develop scope insensitivity to total debt that is impervious to incentives, precommitment and disclosure.
Item Type:
Contribution to Conference
(Paper)
Journal or Publication Title:
Association of Consumer Research (ACR) Asia Pacific Conference
Uncontrolled Keywords:
Research Output Funding/yes_internally_funded
Subjects:
?? credit card repaymentdefault effectconsumer debtautomated repaymentscope insensitivitygoal pursuityes - internally fundednodiscipline-based researchlums keywordssdg 9 - industry, innovation, and infrastructuresdg 12 - responsible consumption and productio ??
Departments:
ID Code:
222646
Deposited By:
Deposited On:
29 Oct 2024 16:50
Refereed?:
Yes
Published?:
Published
Last Modified:
29 Oct 2024 16:50