Do financial advisor commissions distort client choice?

This experiment shows that varying the commission received by financial advisors strongly influences insurance purchase.

Year of publication:	2013
Authors:	Beyer, Max ; de Meza, David ; Reyniers, Diane
Published in:	Economics Letters. - Elsevier, ISSN 0165-1765. - Vol. 119.2013, 2, p. 117-119
Publisher:	Elsevier
Subject:	Commission selling \| Financial advisor \| Consumer bias

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Type of publication:	Article
Classification:	g02 ; G1 - General Financial Markets ; G11 - Portfolio Choice ; G2 - Financial Institutions and Services ; G23 - Pension Funds; Other Private Financial Institutions ; G24 - Investment Banking; Venture Capital; Brokerage
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010693367