Although government regulations on product warranties are common, few studies have empirically examined their effects on product demand. Using a natural experiment, we examine the effect of a newly introduced government warranty regulation in China's automobile market on product demand....

This article proposes legislative procedural reforms accounting for the realities of consumer arbitration that have threatened and denied consumers' access to remedies for companies' violations of public, or statutory, warranty remedies under the Magnuson-Moss Warranty Act (MMWA). Furthermore,...

Incidents of contracts and the obligations thereof often necessitate “survival of the fittest’ implications on consumers and vendors alike. In this regard, terms and conditions of contracts, especially for sales of goods, as provided under the law to stipulate behaviors and protect parties,...