Diagnosing Consumer Confusion and Sub-optimal Shopping Effort: Theory and Mortgage-Market Evidence

S-Tier

Journal: American Economic Review

Year: 2012

Volume: 102

Issue: 7

Pages: 3249-76

Authors (2)

Susan E. Woodward (not in RePEc) Robert E. Hall (Stanford University)

Score contribution per author:

4.022 = (α=2.01 / 2 authors) × 4.0x S-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Mortgage loans are leading examples of transactions where experts