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Exploiting naïvete about self-control in the credit market
Paul Heidhues
*
,
Botond Koszegi
*
Corresponding author for this work
ESMT Berlin
University of California at Berkeley
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Economics, Econometrics and Finance
Credit Card
100%
Credit Market
100%
Loan Repayment
50%
Mortgages
50%
Subprime Financial Crisis
50%
Credit
50%