Effective Disclosures in Financial Decisionmaking

• Main Author: Hung, Angela A. (auth)
• Other Authors: Gong, Min (auth), Burke, Jeremy (auth)
• Format: Electronic Book Chapter
• Language: English
• Published: RAND Corporation 2015
• Subjects: Business & management; Banking; Personal finance; Finance; Business
• Online Access: DOAB: download the publication; DOAB: description of the publication

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...