eBangor

Add-on goods and contingent charges. How behavioural economics has affected the regulation of Overdraft and Payment Protection Insurance markets

Ashton, J.K. (2016) Add-on goods and contingent charges. How behavioural economics has affected the regulation of Overdraft and Payment Protection Insurance markets. Review of Behavioral Finance. DOI: 10.1108/RBF-11-2015-0046 (In Press)

Full text not available from this repository.

Abstract

The study examines influence of behavioural economic theories of add-on goods and contingent charges on the regulation of two touchstone markets in the UK. These markets, the payment protection insurance market and the market for overdrafts can both be characterised as add-on goods, have displayed excessive levels of profitability and been the focus of continuing and substantial public mis-trust. Despite these similarities, the regulatory treatment of these two markets has been very different. The paper explores the context of these cases and examines why these differences in regulatory reporting have developed

Item Type: Article
Subjects: Research Publications
Departments: College of Business, Law, Education and Social Sciences > Bangor Business School
Date Deposited: 09 Jan 2016 03:45
Last Modified: 09 Jan 2016 03:45
ISSN: 940-5979
URI: http://e.bangor.ac.uk/id/eprint/6064
Identification Number: DOI: 10.1108/RBF-11-2015-0046
Publisher: Emerald Group Publishing
Administer Item Administer Item

eBangor is powered by EPrints 3 which is developed by the School of Electronics and Computer Science at the University of Southampton. More information and software credits.