Faculty Publications - College of Business

Document Type

Article

Publication Date

1988

Abstract

This study investigates the values consumers place on restrictions of creditor remedies. The unique data employed were derived from a 1979 consumer survey taken across four local credit markets that differed significantly in their legal environments. The results of binomial logit analysis identified the characteristics of consumers who were willing to pay for contractual protection from several creditor remedies. A study of the dollar amounts that consumers were inclined to pay provided few significant results.

Comments

Originally published in Journal of Consumer Affairs, 22(1) p 20-37, Summer 1988.

http://onlinelibrary.wiley.com/doi/10.1111/j.1745-6606.1988.tb00210.x/abstract

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