The Role of Information to Market Study

Constantin Anghelache, Radu Titus Marinescu, Bodo Gyorgy, Ihab Jweida S J Jweida and Andreea-Ioana Marinescu
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Constantin Anghelache: Bucharest University of Economic Studies, “ARTIFEX” University of Bucharest
Radu Titus Marinescu: „ARTIFEX” University of Bucharest
Bodo Gyorgy: Bucharest University of Economic Studies
Ihab Jweida S J Jweida: Bucharest University of Economic Studies
Andreea-Ioana Marinescu: Bucharest University of Economic Studies

Romanian Statistical Review Supplement, 2016, vol. 64, issue 9, 100-112

Abstract: Access to informations represent an challenging issue in today insurance market. One can only consider in ideal conditions that all the market participants have access to complete informations. But in real life, individuals take economical decisions on the limited sets of informations that are available in the given moment. In other words, one part can hide the informations that might bring it some disadvantages and prefere to keep them private (that can’t be made public, or are hard to get) and the other part can’t access them.

Keywords: information; decision; good faith; market; cars (search for similar items in EconPapers)
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:rsr:supplm:v:64:y:2016:i:9:p:100-112

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