Effective Disclosures in Financial Decisionmaking

doi:10.7249/RR1270

GSTDTAP > 资源环境科学

DOI	10.7249/RR1270
报告编号	RR-1270-DOL
	Effective Disclosures in Financial Decisionmaking
	Angela A. Hung; Min Gong; Jeremy Burke
	2015
出版年	2015
页数	35
语种	英语
国家	美国
出版者	RAND Corporation
领域	资源环境
英文摘要	In the financial services market, financial service providers often have better information about the quality, features, fees, risks, and benefits of their products or services than consumers. In a market with this type of asymmetric information, disclosure is an often-used policy tool designed to increase transparency and provide consumers with valuable information to make informed decisions. We define disclosure as a statement that provides relevant information to consumers for informed decisionmaking. A disclosure often reveals estimated costs and impacts to consumers, commitments of the relevant parties, existence of any conflicts of interest, and the nature of the relationship between parties. In this report, we review the literature on consumer disclosures in the financial industry. The primary focus of the review is on disclosures of conflicts of interest, particularly with regard to financial advice, but we also examine use of disclosure associated with other common financial products or services, including credit cards, mortgages, and mutual funds.
英文关键词	Financial Decision Making Banking and Financial Services Personal Finance
URL	查看原文
来源平台	Rand Corporation
引用统计
文献类型	科技报告
条目标识符	http://119.78.100.173/C666/handle/2XK7JSWQ/4090
专题	资源环境科学
推荐引用方式 GB/T 7714	Angela A. Hung,Min Gong,Jeremy Burke. Effective Disclosures in Financial Decisionmaking:RAND Corporation,2015.