@techreport{oai:grips.repo.nii.ac.jp:00001103, author = {WILSON, Chris M. and GARROD, Luke and MUNRO, Alistair}, note = {https://www.grips.ac.jp/list/jp/facultyinfo/munro_alistair/, We develop a decision framework with imperfect information to analyze the effects of transaction costs on the tendency for individuals to remain with a default option. We demonstrate how transaction costs can be a more important source of such default effects than commonly thought. A further, potentially surprising result shows that transaction costs are able to explain why some forms of default effects increase with the number of options., JEL Classification Codes: D03, D83, 経済学 / Economics}, title = {Default Effects, Transaction Costs, and Imperfect Information} }