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How Much Are Borrowers Willing to Pay to Remove Uncertainty Surrounding Mortgage Defaults?
Authors:Anderson  Jackson T  Gibson  Scott  Luchtenberg  Kimberly F  Seiler  Michael J
Institution:1.Claremont McKenna College, Claremont, CA, 91711, USA
;2.College of William and Mary, Raymond A. Mason College of Business, Williamsburg, VA, 23187, USA
;3.Kogod School of Business, American University, Washington, DC, 20016, USA
;4.College of William & Mary, Williamsburg, VA, 23187, USA
;
Abstract:The Journal of Real Estate Finance and Economics - Using a large, non-student sample, we assess and differentiate between borrowers’ Risk Aversion and Ambiguity Aversion levels and their...
Keywords:
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