Print Email Facebook Twitter On the rationality of borrowers' behaviour: Comparing risk-attitudes of homeowners Title On the rationality of borrowers' behaviour: Comparing risk-attitudes of homeowners Author Neuteboom, P. Contributor Boelhouwer, P. (promotor) Priemus, H. (promotor) Faculty OTB Date 2008-10-27 Abstract Though time and depth of cycles differed from one European country to another, mortgage markets have grown in size, expanded in product variation and improved borrowers' accessibility to mortgage credit. However, this expanding range of mortgage opportunities significantly increases the search and information costs for a borrower, making it harder for him to find the mortgage with the most favourable cost-risk trade-off. Nonetheless, the research reveals that homeowners are still acting as rational customers, i.e. willing and able to choose the optimal mortgage Meanwile, the cross-country analysis in this study highlights the role of the institutions, household characteristics and the structure of national mortgage markets as key elements in shaping the optimal mortgage for borrowers. Subject mortgagehomeownershiprisk To reference this document use: http://resolver.tudelft.nl/uuid:b26a9da7-aeae-4bdb-b0d0-3e6e265bb229 Publisher IOS Press ISBN 978-1-58603-918-9 Part of collection Institutional Repository Document type doctoral thesis Rights (c) 2008 Neuteboom, P. Files PDF neuteboom_20081027.pdf 2.4 MB Close viewer /islandora/object/uuid:b26a9da7-aeae-4bdb-b0d0-3e6e265bb229/datastream/OBJ/view