On The Need for the Next RCBS Regulation

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F62690094%3A18450%2F15%3A50003875" target="_blank" >RIV/62690094:18450/15:50003875 - isvavai.cz</a>

Výsledek na webu

—

DOI - Digital Object Identifier

—

Jazyk výsledku

angličtina

Název v původním jazyce

On The Need for the Next RCBS Regulation

Popis výsledku v původním jazyce

As the EU-wide studies show this issue is present across the internal market. This problem relates mainly to free service usage price model of payment accounts, packaged and bundled payment accounts. A possible solution is to publish a reliable signal such as APR calculation implementation on the consumer loan market. The APR calculation duty proved to be an effective market regulation providing needed price information. But the same calculation cannot be applied here. This is why we propose a regulation based on a specific clusters identification to represent the main consumer behaviour patterns at the national level. The banks would be bound to calculate and publish the prices of each national profile for each of offered account. We expect the banksto modify the tariffs to fit the profiles. As a possible treatment we propose to construct the price confidence interval instead of a single price. These price intervals would have to be published on the banks' website in a transparent wa

Název v anglickém jazyce

On The Need for the Next RCBS Regulation

Popis výsledku anglicky

As the EU-wide studies show this issue is present across the internal market. This problem relates mainly to free service usage price model of payment accounts, packaged and bundled payment accounts. A possible solution is to publish a reliable signal such as APR calculation implementation on the consumer loan market. The APR calculation duty proved to be an effective market regulation providing needed price information. But the same calculation cannot be applied here. This is why we propose a regulation based on a specific clusters identification to represent the main consumer behaviour patterns at the national level. The banks would be bound to calculate and publish the prices of each national profile for each of offered account. We expect the banksto modify the tariffs to fit the profiles. As a possible treatment we propose to construct the price confidence interval instead of a single price. These price intervals would have to be published on the banks' website in a transparent wa

Druh

D - Stať ve sborníku

CEP obor

AH - Ekonomie

OECD FORD obor

—

Projekt

—

Návaznosti

S - Specificky vyzkum na vysokych skolach

Rok uplatnění

2015

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název statě ve sborníku

IBIMA 2015

ISBN

978-0-9860419-4-5

ISSN

—

e-ISSN

—

Počet stran výsledku

9

Strana od-do

679-687

Název nakladatele

IBIMA

Místo vydání

New York

Místo konání akce

Amsterdam, NETHERLANDS

Datum konání akce

7. 5. 2015

Typ akce podle státní příslušnosti

WRD - Celosvětová akce

Kód UT WoS článku

000360508700065