Effective Disclosures in Financial Decisionmaking

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 this report, we review the literature on consumer disclosures in the financial industry. The primary foc...

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Bibliographic Details
Main Author: Hung, Angela A. (auth)
Other Authors: Gong, Min (auth), Burke, Jeremy (auth)
Format: Electronic Book Chapter
Language:English
Published: RAND Corporation 2015
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520 |a 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 this report, we review the literature on consumer disclosures in the financial industry. The primary focus is on disclosures of conflicts of interest, but we also examine use of disclosure associated with other common financial products or services. 
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