Round Number Preferences and Left-Digit Bias: Evidence from Credit Card Repayments
(2025)
Journal Article
Sakaguchi, H., Gathergood, J., & Stewart, N. (in press). Round Number Preferences and Left-Digit Bias: Evidence from Credit Card Repayments. Management Science,
We examine round number preferences and left-digit bias in credit card repayments. We show half of all manual credit card payments are at a small set of round-number values, although all values between the statement minimum and balance were permissib... Read More about Round Number Preferences and Left-Digit Bias: Evidence from Credit Card Repayments.