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provides a comprehensive assessment of the changes in consumption patterns in China, the current size of the Chinese consumer … market, and the regional variations. Second, it presents an interpretation of the changes in the country's regulatory system … WTO. Third, it delivers a systematic analysis of the transformation of China's retail sector. This includes the entry and …
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We contrast alternative liability rules for social control of product risks when heterogeneous consumers considering purchasing a durable good due to cognitive errors and biases mispredict future product benefits and, thus, the extent of future product usage. Since the expected consumer harm...
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