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Nonlinear incentives and advisor bias
Honda, Jun; Inderst, Roman - 2017
We analyze firms' competition to steer an advisor's recommendations through potentially non-linear incentives. Even when firms are symmetric, so that the overall size of compensation would not distort advice when incentives were linear, advice is biased when firms are allowed to make...
Persistent link: https://www.econbiz.de/10011779734
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Nonlinear incentives and advisor bias
Inderst, Roman - 2018
Persistent link: https://www.econbiz.de/10011916357
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Misselling (financial) products : the limits for internal compliance
Inderst, Roman - In: Economics letters 106 (2010) 1, pp. 35-37
Persistent link: https://www.econbiz.de/10003931134
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Consumer protection in markets with advice
Inderst, Roman; Ottaviani, Marco - 2010
Persistent link: https://www.econbiz.de/10009419938
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How (not) to pay for advice : a framework for consumer financial protection
Inderst, Roman; Ottaviani, Marco - In: Journal of financial economics 105 (2012) 2, pp. 393-411
Persistent link: https://www.econbiz.de/10009666819
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Retail finance : rethinking regulation and consumer protection in the wake of the financial crisis
Inderst, Roman - In: The future of retail banking in Europe : competition …, (pp. 27-34). 2010
Persistent link: https://www.econbiz.de/10009659572
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Consumer protection in markets with advice
Inderst, Roman; Ottaviani, Marco - In: Competition policy international 6 (2010) 1, pp. 47-64
Persistent link: https://www.econbiz.de/10008933103
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Consumer protection and the role of advice in the market for retail financial services
Inderst, Roman - In: Journal of institutional and theoretical economics : JITE 167 (2011) 1, pp. 4-21
Persistent link: https://www.econbiz.de/10009305583
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Consumer protection and the role of advice in the market for retail financial services : comment
Laux, Christian - In: Journal of institutional and theoretical economics : JITE 167 (2011) 1, pp. 26-29
Persistent link: https://www.econbiz.de/10009306494
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Consumer protection and the role of advice in the market for retail financial services : comment
Ackermann, Thomas - In: Journal of institutional and theoretical economics : JITE 167 (2011) 1, pp. 22-25
Persistent link: https://www.econbiz.de/10009306497