Akin, Guzin Gulsun; Aysan, Ahmet Faruk; Kara, Gazi Ishak; … - Volkswirtschaftliche Fakultät, … - 2008
The attempts to explain the high and sticky credit card rates have given rise to a vast literature on credit card markets. This paper endeavors to explain the rates in the Turkish market using measures of non-price competition. In this market, issuers compete monopolistically by differentiating...