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Cited by 252

The DOI matches its Crossref record; 16 of the 16 references it cites were found in a registry or an index.

Restoring Rational Choice: The Challenge of Consumer Financial Regulation

Open access
Campbell, John Y.·2016·American Economic Review
DOI 10.1257/aer.p20161127
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Abstract

This lecture considers the case for consumer financial regulation in an environment where many households lack the knowledge to manage their financial affairs effectively. The lecture argues that financial ignorance is pervasive and unsurprising given the complexity of modern financial products, and that it contributes meaningfully to the evolution of wealth inequality. The lecture uses a stylized model to discuss the welfare economics of paternalistic intervention in financial markets, and discusses several specific examples including asset allocation in retirement savings, fees for unsecured short-term borrowing, and reverse mortgages.

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Crossref · 10.1257/aer.p20161127

Cites

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Citations

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Metadata

Authors
Campbell, J. Y.
Venue
American Economic Review
Publisher
American Economic Association
Published
2016-05-01
Volume
106
Issue
5
Pages
1-30
ISSN
0002-8282 (ISSN-L)
DOI
10.1257/aer.p20161127
OpenAlex
W3126013923
Cited by
252
References
16
FWCI
89.01
Type
journal article
Language
en
Open access
green

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CoChat. (2026). Citation check: Restoring Rational Choice: The Challenge of Consumer Financial Regulation. https://app.cochat.ai/papers/10.1257/aer.p20161127
The paper
Campbell, J. Y. (2016). Restoring Rational Choice: The Challenge of Consumer Financial Regulation. American Economic Review. https://doi.org/10.1257/aer.p20161127

Data sources

Bibliographic data: Semantic Scholar, OpenAlex, Crossref.

Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).

Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.