the Australian Journal of Competition and Consumer Law …

inefficiencies, such as under- and overtreatment or market break-down. We study in a large experiment with 936 participants the … determinants for efficiency in credence goods markets. While theory predicts that either liability or verifiability yields … efficiency, we find that liability has a crucial, but verifiability only a minor effect. Allowing sellers to build up reputation …

inefficiencies, such as under- and overtreatment or market break-down. We study in a large experiment with 936 participants the … determinants for efficiency in credence goods markets. While theory predicts that either liability or verifiability yields … efficiency, we find that liability has a crucial, but verifiability only a minor effect. Allowing sellers to build up reputation …

In liability lawsuits (e.g. patent infringement) a plaintiff demands compensation from a defendant and the parties … often negotiate a settlement to avoid a costly trial. Liability insurance creates bargaining leverage for the defendant in … competitive market, only a pooling equilibrium with under-insurance may exist …

Competition and Litigation. We offer some observations on the influence of the paper, some reflections on competition for …

, Culture, Competition and the Role of Law”, a monograph co-authored and published by the late Wolfgang Fikentscher, Philipp … FairEconomy in competition law and securities regulation, the two crucial domains for the regulation of contemporary economic … activity. The final chapter offers perspectives on global institutions for the enforcement of fairness-oriented norms in market …