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How Much Are Borrowers Willing to Pay to Remove Uncertainty Surrounding Mortgage Defaults?

Jackson T Anderson1, Scott Gibson2, Kimberly F Luchtenberg3

  • 1Claremont McKenna College, Claremont, CA 91711 USA.

The Journal of Real Estate Finance and Economics
|April 16, 2024
PubMed

Keywords:
Ambiguity aversionExperimentMortgage defaultProspect theoryRisk aversion

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