Price information asymmetry impact on optimal choice - RCBS market case study

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F62690094%3A18450%2F15%3A50003877" target="_blank" >RIV/62690094:18450/15:50003877 - isvavai.cz</a>

Výsledek na webu

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DOI - Digital Object Identifier

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Jazyk výsledku

angličtina

Název v původním jazyce

Price information asymmetry impact on optimal choice - RCBS market case study

Popis výsledku v původním jazyce

The information asymmetry influences the consumer behaviour in an undesirable and unpredictable way. This phenomenon is present on RCBS market regarding the information on price causing the unexpected consumer behaviour - suboptimal product choice regarding the price and the range of the demanded services. We study this phenomenon to identify main causes and its range. At first we present the main characteristics that increase the information asymmetry influence (low share on household expenditures) butalso decrease (close substitution). Then we present the outcome of European Union wide research identifying sources of information asymmetry. Then we describe our data source (RCBS comparison tools). Based on its dataset we compute the share of optimalchoices among the electronic banking users of the RCBS. We define the optimal choice as the lowest fees for the account that provides all the demanded services. The result is that the optimal share of the consumer choices of RCBS is as lo

Název v anglickém jazyce

Price information asymmetry impact on optimal choice - RCBS market case study

Popis výsledku anglicky

The information asymmetry influences the consumer behaviour in an undesirable and unpredictable way. This phenomenon is present on RCBS market regarding the information on price causing the unexpected consumer behaviour - suboptimal product choice regarding the price and the range of the demanded services. We study this phenomenon to identify main causes and its range. At first we present the main characteristics that increase the information asymmetry influence (low share on household expenditures) butalso decrease (close substitution). Then we present the outcome of European Union wide research identifying sources of information asymmetry. Then we describe our data source (RCBS comparison tools). Based on its dataset we compute the share of optimalchoices among the electronic banking users of the RCBS. We define the optimal choice as the lowest fees for the account that provides all the demanded services. The result is that the optimal share of the consumer choices of RCBS is as lo

Druh

D - Stať ve sborníku

CEP obor

AH - Ekonomie

OECD FORD obor

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Projekt

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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

Liberec economic forum 2015

ISBN

978-80-7494-225-9

ISSN

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e-ISSN

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Počet stran výsledku

10

Strana od-do

144-153

Název nakladatele

Technická univerzita v Liberci

Místo vydání

Liberec

Místo konání akce

Liberec, CZECH REPUBLIC

Datum konání akce

16. 9. 2015

Typ akce podle státní příslušnosti

WRD - Celosvětová akce

Kód UT WoS článku

000365053000014