Consumer protection and contingent charges.

Contingent charges for financial services, such as fees for unauthorized overdrafts, are often controversial. We study the economics of contingent charges in a stylized setting with naive and sophisticated consumers. We contrast situations where the naive benefit from the presence of sophisticated c...

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Sonraí bibleagrafaíochta
Príomhchruthaitheoirí: Armstrong, M, Vickers, J
Formáid: Journal article
Teanga:English
Foilsithe / Cruthaithe: American Economic Association 2012

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