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Ride sharing has disrupted the transportation-for-hire industry, breaking down barriers to entry that have protected incumbents in the industry for decades. The disruption has led to calls for increased regulation, along with criticisms about the effect of innovation on consumer safety, market...
Persistent link: https://www.econbiz.de/10012849833
Contract law treats consumer attention as if it were unlimited. We instead view consumer attention as a scarce resource that must be conserved. We argue that consumer contracts generate negative externalities by overwhelming consumers with information that depletes their attention and prevents...
Persistent link: https://www.econbiz.de/10013231029
Problem definition: We study customer-centric privacy management in service systems and explore the consequences of extended control over personal information by customers in such systems.Methodology: We adopt a stylized queueing model to capture a service environment that features a service...
Persistent link: https://www.econbiz.de/10012312561
This chapter first describes the standard economic analysis of privacy, data protection and surveillance, looking at the costs and benefits to different parties and the incentives each therefore has, as well as the aggregate social welfare impacts of their decisions. It then considers the market...
Persistent link: https://www.econbiz.de/10013062096
The CFTC adopted new market manipulation rules on July 7, 2011. In addition to retaining the Commission's existing anti-manipulation authority under the CEA's "artificial price" standard, these rules give the Commission the ability to bring enforcement actions under a "fraud-based" standard...
Persistent link: https://www.econbiz.de/10013122195
Concerns about the future of the natural environment, prevailing social conditions, and governance of private and public institutions inspire today's ESG movement. This paper proposes a heuristic that can be useful in examining the ESG-scoring issue. We begin with a social control diagnostic...
Persistent link: https://www.econbiz.de/10012837933
Concerns about the future of the natural environment, prevailing social conditions, and governance of private and public institutions inspire today's ESG movement. This paper proposes a heuristic that can be useful in examining the ESG-scoring issue. We begin with a social control diagnostic...
Persistent link: https://www.econbiz.de/10012822727
Concerns about the future of the natural environment, prevailing social conditions, and governance of private and public institutions inspire today's ESG movement. None of these concerns are new. But they have gained much traction from the techno-communication revolution alongside a growing...
Persistent link: https://www.econbiz.de/10012846965
The implementation of the Sanitary and Phytosanitary (SPS) Agreement is aimed to enhance social integration within the areas of human, animal and plant standards. Providing standards of harmonious integration/interaction and solidarity at all levels of society. The SPS agreement aims to provide...
Persistent link: https://www.econbiz.de/10014208337
Financial disclosures no longer enjoy the immunity from criticism they once had. While disclosures remain the hallmark of numerous areas of regulation, there is increasing skepticism as to whether disclosures are understood by consumers and do in fact improve consumer welfare. Debates on the...
Persistent link: https://www.econbiz.de/10012937092