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Unlike state and municipal police forces that can generally not be sued by victims of crime on the grounds that they …
Persistent link: https://www.econbiz.de/10012951430
Rules of consumer protection or fair competition can be publicly or privately enforced. We consider the possibility of false advertising by a firm in duopolistic competition where consumers can be distinguished according to whether or not they form rational beliefs about the trustworthiness of...
Persistent link: https://www.econbiz.de/10012012317
Attorneys face mixed messages regarding consumer arbitration: Mixed professional responsibility rules; mixed legal enforcement; mixed messages from commentators and policymakers; mixed evidence regarding efficiency, cost-savings and fairness. It is therefore doubtful that attorneys would face...
Persistent link: https://www.econbiz.de/10014212750
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This article briefly reviews the roots of domestic arbitration policy and the corresponding development of consumer protection policy. It asserts that international arbitration policy was always intended to be tempered by consumer protection principles. Next, the article summarizes the Canadian...
Persistent link: https://www.econbiz.de/10012960610
The consumer bankruptcy process functions on economies of scale. In order to maintain a relatively low cost of access to the bankruptcy forum, attorneys, judges, private trustees, and other bankruptcy professionals typically handle massive caseloads in a fairly routine manner. This structure has...
Persistent link: https://www.econbiz.de/10012843657
Platforms often use fee discrimination within their marketplace (e.g., Amazon, eBay, and Uber specify a variety of merchant fees). To better understand the impact of marketplace fee discrimination, we develop a model that allows us to determine equilibrium fee and category decisions that depend...
Persistent link: https://www.econbiz.de/10013235945
Racial identification has for many been a stable, unchanging category. Yet we see a growth in the "some other race" category that leads to questions as to what is causing this increase. I begin by taking up this question by arguing that there are different levels of attachment to race....
Persistent link: https://www.econbiz.de/10013145539
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I consider a market with two firms, a minority group of customers, and a bigoted (racist, ethnocentric, xenophobic, or sexist) majority group of customers. There exists a Nash equilibrium with full segregation in which a low-price firm serves only the minority and a high-price firm serves only...
Persistent link: https://www.econbiz.de/10014348139