The Role of Information to Market Study

Prof. Constantin ANGHELACHE PhD
Bucharest University of Economic Studies, „ARTIFEX” University of Bucharest
Prof. Radu Titus MARINESCU PhD
„ARTIFEX” University of Bucharest
Bodo Gyorgy PhD Student
Bucharest University of Economic Studies
Ihab Jweida S J JWEIDA
Bucharest University of Economic Studies
Andreea-Ioana MARINESCU PhD Student
Bucharest University of Economic Studies

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.

Key words: information, decision, good faith, market, cars

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Sumar RRSS 9/2016