Showing 1 - 10 of 13
The volume contains the papers presented during the International conference entitled:’ Agro-food and rural economy competitiveness in terms of global crisis’, organized by the Faculty of Agro-Food and Environmental Economics from Bucharest Academy of Economic Studies, Institute Of...
Persistent link: https://www.econbiz.de/10011260199
This paper discusses complementarities and tensions between competition policies and consumer protection policies. The paper argues that markets will often supply adequate customer protection without the need for extra public intervention. Special areas where intervention might be needed are...
Persistent link: https://www.econbiz.de/10005260332
Contingent charges for financial services, such as fees for unauthorized overdrafts, are often controversial. We study the economics of contingent charges in a stylized setting with naive and sophisticated consumers. We contrast situations where the naive benefit from the presence of...
Persistent link: https://www.econbiz.de/10009654228
As could be expected, the global financial crisis is on everybody’s mind and causing a lot of worries. The current crisis has reached the consumers globally and intensified conversations about consumer protection. It has threatened their wealth as people have lost their assets, savings and...
Persistent link: https://www.econbiz.de/10009647346
This paper summarizes some of my recent work on consumer protection. I present three theoretical models which illustrate the merits and drawbacks of a number of common consumer protection policies, namely: policies which prevent firms from setting unduly high prices; policies which prevent firms...
Persistent link: https://www.econbiz.de/10009369623
This article presents the main issues relating to the goals of modern Polish competition law. It examines the relationship between the subject-matter of competition law, its function and its goals. It identifies various goals of competition law as well as their acceptance in the legal doctrine...
Persistent link: https://www.econbiz.de/10008599127
We discuss the impact of consumer protection policies on consumer incentives to become informed of the best deals available in the market. In a market with costly consumer search, we find that imposing a cap on suppliers' prices reduces the incentive to engage in search, with the result that...
Persistent link: https://www.econbiz.de/10005835657
With the accession of ex socialistic countries in EU the problem of public sector privatization become the most popular and at the same times the most important political question. Privatization becomes at the end of the 20th century the magical word, which will resolve all the problems and...
Persistent link: https://www.econbiz.de/10005616991
This paper surveys models of markets in which some consumers are "savvy" while others are not. We discuss when the presence of savvy consumers improves the deals available to non-savvy consumers in the market (the case of search externalities), and when the non-savvy fund generous deals for...
Persistent link: https://www.econbiz.de/10011109119
We found no evidence that consumers benefit from government-mandated disclaimers in advertising. Experiments and common experience show that admonishments to change or avoid behaviors often have effects opposite to those intended. We found 18 experimental studies that provided evidence relevant...
Persistent link: https://www.econbiz.de/10011109369