Bericht

The impact of price display on financial decisions

Credit decisions play an important role for the economic wellbeing of households. However, the complexity of products and varying price information display makes it hard for consumers to navigate this field. Empirical evidence has important implications for consumer protection policies, as many people fail to make optimal choices for themselves and struggle to understand credit cost information. Presenting additional information on absolute fees can help consumers to make more informed choices. This article reviews the literature on the impact of price display on financial decisions. Research from marketing and other fields provides related evidence.

Language
Englisch

Bibliographic citation
Series: DIW Roundup: Politik im Fokus ; No. 140

Classification
Wirtschaft

Event
Geistige Schöpfung
(who)
Gipp, Antonia
Event
Veröffentlichung
(who)
Deutsches Institut für Wirtschaftsforschung (DIW)
(where)
Berlin
(when)
2022

Handle
Last update
10.03.2025, 11:45 AM CET

Data provider

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ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.

Object type

  • Bericht

Associated

  • Gipp, Antonia
  • Deutsches Institut für Wirtschaftsforschung (DIW)

Time of origin

  • 2022

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