Recently, corn farming was reported successful. Yet, there are still unheard laments and unspoken cries the corn farmers have. This study aimed to determine farmers’ level of satisfaction towards price checkoff of corn yield in the market. This study utilized the mixed qualitative-quantitative...

How do rational firms respond to consumer biases? In this paper, we analyze the profit-maximizing contract design of firms if consumers have time-inconsistent preferences and are partially naive about it. We consider markets for two types of goods: goods with immediate costs and delayed benefits...

With the change in legal status, marijuana is not really being legalized or even just decriminalized. It is being made regulatable or, to coin a phrase, regulatabilized. Markets in illegal goods — along with the goods’ creation, cultivation, distribution, taxation, sale, etc. — are...

The demand for insurance, notably home and property insurance in Nigeria, is unresearched and ignored, coupled with the low level of patronage and penetration rate amidst the numerous insurance scheme to boost the performance of the insurance industry. This study, therefore, contributes to the...

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...

Today’s technology-driven human-society(s) country-wise are counted more than ever before where UAE-society is no exception. Tech-users here compete for comparative time-saving options for marginalizing operating costs. It has resulted in huge data usages, a high number of users & devices,...

Machine learning algorithms are increasingly able to predict what goods and services particular people will buy, and at what price. It is possible to imagine a situation in which relatively uniform, or coarsely set, prices and product characteristics are replaced by far more in the way of...

Despite what we learn in law school about the “meeting of the minds,” most contracts are merely boilerplate -- take-it-or-leave-it propositions. Negotiation is nonexistent; we rely on our collective market power as consumers to regulate contracts’ content. But boilerplate imposes certain...

This paper analyses the economic and legal aspects related to practices such as tying, bundling and other potentially unfair commercial practices widely used in the financial services industry. Authors draw special attention to the European financial services market. Their law and economics...

This paper describes the Consumer Movement landscape in China, especially explains why consumer protection level is not match to the economic development of the country. Most activity on behalf of consumers in China cannot be described as “activism”. Rather, the government dominates consumer...