Information disclosure and consumer awareness
نویسندگان
چکیده
منابع مشابه
Information Disclosure and Consumer Awareness
Whether consumers are aware of potentially adverse product effects is key to private and social incentives to disclose information about undesirable product characteristics. In a monopoly model with a mix of aware and unaware consumers, a larger share of unaware consumers makes information disclosure less likely to occur. Since the firm is not interested in releasing information to unaware cons...
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A firm chooses a price and how much information to disclose about its product to a consumer whose tastes are unknown to the firm. Full disclosure of product information is always part of a sequential equilibrium when types are independent. In that case, a necessary and sufficient condition on equilibrium payoffs is that they are at least as high as those under full revelation for all product ty...
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Does advertising serve to (i) increase awareness of a product, (ii) increase the likelihood that the product is considered carefully, or (iii) does it shift consumer utility conditional on having considered it? We utilize a detailed data set on consumers’ shopping behavior and choices over retail bank accounts to investigate advertising’s effect on product awareness, consideration, and choice. ...
متن کاملConsumer Protection Act – Awareness ?
Background: With the inclusion of health care services under Consumer Protection Act, a spurt in litigations arising out of breach in medical/dental profession is seen. Thus, it becomes imperative for health professionals today to be aware of such laws. Objective: To assess and compare the awareness about Consumer Protection Act among dentists (dentists in teaching institutions and dentists in ...
متن کاملBiographic and Disclosure Information
Daniel C Cattran, MD, FRCPC (Work Group Co-Chair), is a graduate of the University of Toronto Medical School and completed his postgraduate training both in Toronto, Canada and Sydney, Australia. He is currently a Professor of Medicine at the University of Toronto and a senior scientist at the Toronto General Research Institute. His administrative roles have included Chairman of the Royal Colle...
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ژورنال
عنوان ژورنال: Journal of Economic Behavior & Organization
سال: 2016
ISSN: 0167-2681
DOI: 10.1016/j.jebo.2016.05.003