Premature repayment of fixed interest mortgage loans without compensation,a case of misguided consumer protection in the EU |
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Authors: | Schäfer Hans-Bernd Wulf Alexander J. |
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Affiliation: | 1.Bucerius Law School, Jungiusstr. 6, 20355, Hamburg, Germany ;2.SRH Berlin University of Applied Sciences, Ernst-Reuter-Platz 10, 10587, Berlin, Germany ; |
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Abstract: | European Journal of Law and Economics - Consumer protection shifts risks from consumers to businesses. This raises marginal costs and equilibrium prices. It is justified when markets are not strong... |
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