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Description
  • The paper is focused on the Stigler’s model adjustment for the purpose of modeling the price information asymmetry on the small market. As a case study using this model there is used own research of retail core banking services market for physical entities in the Czech Republic. The demand on this market carries the impacts of the price information asymmetry. Our model shows that more than 50 % of account suitable for the mainstream client profile can be replaced by cheaper one even under the influence of information asymmetry.
  • The paper is focused on the Stigler’s model adjustment for the purpose of modeling the price information asymmetry on the small market. As a case study using this model there is used own research of retail core banking services market for physical entities in the Czech Republic. The demand on this market carries the impacts of the price information asymmetry. Our model shows that more than 50 % of account suitable for the mainstream client profile can be replaced by cheaper one even under the influence of information asymmetry. (en)
Title
  • Probabilistic model of optimal price search on the retail core banking services market
  • Probabilistic model of optimal price search on the retail core banking services market (en)
skos:prefLabel
  • Probabilistic model of optimal price search on the retail core banking services market
  • Probabilistic model of optimal price search on the retail core banking services market (en)
skos:notation
  • RIV/62690094:18450/12:50000423!RIV13-MSM-18450___
http://linked.open...avai/riv/aktivita
http://linked.open...avai/riv/aktivity
  • S
http://linked.open...iv/cisloPeriodika
  • 2
http://linked.open...vai/riv/dodaniDat
http://linked.open...aciTvurceVysledku
http://linked.open.../riv/druhVysledku
http://linked.open...iv/duvernostUdaju
http://linked.open...titaPredkladatele
http://linked.open...dnocenehoVysledku
  • 162113
http://linked.open...ai/riv/idVysledku
  • RIV/62690094:18450/12:50000423
http://linked.open...riv/jazykVysledku
http://linked.open.../riv/klicovaSlova
  • retail core banking services; information asymmetry; small market problem; Stigler’s model (en)
http://linked.open.../riv/klicoveSlovo
http://linked.open...odStatuVydavatele
  • US - Spojené státy americké
http://linked.open...ontrolniKodProRIV
  • [75550A2B9ECD]
http://linked.open...i/riv/nazevZdroje
  • International journal of mathematical models and methods in applied sciences
http://linked.open...in/vavai/riv/obor
http://linked.open...ichTvurcuVysledku
http://linked.open...cetTvurcuVysledku
http://linked.open...UplatneniVysledku
http://linked.open...v/svazekPeriodika
  • 6
http://linked.open...iv/tvurceVysledku
  • Hedvičáková, Martina
  • Soukal, Ivan
  • Draessler, Jan
issn
  • 1998-0140
number of pages
http://localhost/t...ganizacniJednotka
  • 18450
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