Name
Abstract | ||
|---|---|---|
Consumers can be disadvantaged and suffer detriment when information is withheld, when there is deception in the information provided, or when information is too difficult for consumers to obtain or evaluate. While information provision is often favored as a policy/regulatory tool to address “market failure,” it can have its own failings and drawbacks. For instance, the volume of information presented can contain its effectiveness. While the demand-side analysis indicates that actual consumer behavior exhibits systematic departures from the “rational” behavior assumed by conventional (neoclassical) economics, behavioral economics goes further in questioning whether additional information is always useful. It challenges some of the presumptions of conventional economics that consumers make their choices coherently and rationally. This article incorporates such considerations in proposing measures (including regulatory initiatives) that could improve the information made available to telecommunications consumers. |
Year | DOI | Venue |
|---|---|---|
2008 | 10.1080/01972240802356133 | Inf. Soc. |
Keywords | Field | DocType |
own failing,market failure,regulatory initiative,additional information,demand-side analysis,regulatory tool,consumer information requirements,information provision,conventional economics,telecommunications regulation,behavioral economics,actual consumer behavior,regulation,consumers,consumer behavior | Economics,Information needs,Telecommunications,Market failure,Public relations,Consumer behaviour,Deception,Information access,Information provision,Behavioral economics,Disadvantaged | Journal |
Volume | Issue | ISSN |
24 | 5 | 0197-2243 |
Citations | PageRank | References |
0 | 0.34 | 0 |
Authors | ||
1 | ||
Name | Order | Citations | PageRank |
|---|---|---|---|
| Patrick Xavier | 1 | 115 | 9.64 |