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A key lesson is that FERC must regulate, rather than
simply monitor, wholesale electricity markets. Rather
than focusing its attention on monitoring market
performance, FERC should instead concentr...
Diagnosing Consumer Confusion and Sub-Optimal Shopping Effort:Theory and Mortgage-Market Evidence
Diagnosing Consumer Confusion Sub-Optimal Shopping Theory and Mortgage-Market
2015/7/20
Mortgage loans are leading examples of transactions where experts on one side of the market take advantage of consumers’ lack of knowledge and experience. We study the compensation that borrowers pay ...