Title: Research on competition strategy of banks in credit card markets
Abstract: Allowing for the diversity taste and different credit qualification of consumers,we establishes a model based on lending model and Hotelling model,and analyzes the strategic choice of commercial bank in Credit card markets using the model.We show that the competition behaviors of banks have deviated from rational way whten there is no unity credit qualification system and banks lack experience to operate credit card.Regulators should pay more attention to credit card markets and keep from credit crisis which have happened in South Korea.
Publication Year: 2007
Publication Date: 2007-01-01
Language: en
Type: article
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