Limited and Varying Consumer Attention: Evidence from Shocks to the Salience of Bank Overdraft Fees
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Thanks to the Filene Research Institute, the Rockefeller Center at Dartmouth College, and UC-Davis for funding. Thanks to Iwan Barankay, Wilko Bolt, Brianna Cardiff, Stefano DellaVigna, Bob Hunt, Ulrike Malmendier, Paul Oyer, Karen Pence, Julio Rotemberg, Marc Rysman, Scott Schuh, Nick Souleles, and conference/seminar participants at the 2011 AEA meetings, the FTC/Northwestern Micro Conference, Kellogg, NBER Behavioral Economics, NBER Law and Economics, RAND, UC-Boulder, UCLA, and the Federal Reserve Banks of Boston, Chicago, New York, and Philadelphia for helpful comments. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.