Can't pay or won't pay? Unemployment, negative equity, and strategic default
This paper uses new data from the PSID to quantify the relative importance of negative
equity versus ability to pay, in driving mortgage defaults between 2009 and 2013. These …
equity versus ability to pay, in driving mortgage defaults between 2009 and 2013. These …
The perverse consequences of disclosing standard terms
T Wilkinson-Ryan - Cornell L. Rev., 2017 - HeinOnline
THE PERVERSE CONSEQUENCES OF DISCLOSING STANDARD TERMS Page 1 THE
PERVERSE CONSEQUENCES OF DISCLOSING STANDARD TERMS Tess Wilkinson-Ryant …
PERVERSE CONSEQUENCES OF DISCLOSING STANDARD TERMS Tess Wilkinson-Ryant …
A psychological account of consent of fine print
T Wilkinson-Ryan - Iowa L. Rev., 2013 - HeinOnline
The moral and social norms that bear on contracts of adhesion suggest a deep
ambivalence. Contracts are perceived as serious moral obligations, and yet they must be …
ambivalence. Contracts are perceived as serious moral obligations, and yet they must be …
The common sense of contract formation
T Wilkinson-Ryan, DA Hoffman - Stan. L. Rev., 2015 - HeinOnline
Unlike torts or civil procedure or any area of public law, the laws of promissory exchange
only apply to parties who have manifested their assent to be bound. And yet, it is common …
only apply to parties who have manifested their assent to be bound. And yet, it is common …
From promise to form: how contracting online changes consumers
DA Hoffman - NYUL Rev., 2016 - HeinOnline
Contracting has never flourished more than it does today. Consumers see a larger number
of contracts daily than they used to, with longer terms and under novel conditions.'In an …
of contracts daily than they used to, with longer terms and under novel conditions.'In an …
Empirical studies of contract
ZJ Eigen - Annual Review of Law and Social Science, 2012 - annualreviews.org
Since the mid-2000s, a cottage industry has slowly blossomed of empirical research
dedicated to advancing our knowledge of contracts on the books—accounting for what …
dedicated to advancing our knowledge of contracts on the books—accounting for what …
Contractual Inequality
M Padi - Mich. L. Rev., 2021 - HeinOnline
Standard form contracts impose equality in contract terms across transactions. 1 All
mortgage instruments, for instance, borrow their terms from the same federally drafted forms …
mortgage instruments, for instance, borrow their terms from the same federally drafted forms …
Predictive Contracting
S Williams - Colum. Bus. L. Rev., 2019 - HeinOnline
This Article examines how contract drafters can use data on contract outcomes1 to inform
contract design. 2 Building on recent developments in contract data collection and analysis …
contract design. 2 Building on recent developments in contract data collection and analysis …
Strategic mortgage default: The effect of neighborhood factors
MG Bradley, AC Cutts, W Liu - Real Estate Economics, 2015 - Wiley Online Library
This article studies strategic default—the willingness of a borrower to walk away from a
mortgage when the value of the home falls below the unpaid principal balance despite an …
mortgage when the value of the home falls below the unpaid principal balance despite an …
Legal promise and psychological contract
T Wilkinson-Ryan - Wake Forest L. Rev., 2012 - HeinOnline
This Essay argues that the" psychological contract"-the parties' respective, subjective,
idiosyncratic understandings of their contractual obligations to one another-is important and …
idiosyncratic understandings of their contractual obligations to one another-is important and …