Should I default on my mortgage even if I can pay? Experimental evidence
Sign Up to like & getrecommendations! Published in 2020 at "Journal of Economic Dynamics and Control"
DOI: 10.1016/j.jedc.2019.103733
Abstract: We study strategic default in the laboratory, i.e. in a controlled experiment. Subjects are initially endowed with a house and a mortgage (we use neutral wording in the experiment), and must decide at each period… read more here.
Keywords: default; mortgage even; default mortgage; mortgage ... See more keywords