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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…
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Keywords:
default;
mortgage even;
default mortgage;
mortgage ... See more keywords