Economic models of consumer protection policies
Mark Armstrong
MPRA Paper from University Library of Munich, Germany
Abstract:
This paper summarizes some of my recent work on consumer protection. I present three theoretical models which illustrate the merits and drawbacks of a number of common consumer protection policies, namely: policies which prevent firms from setting unduly high prices; policies which prevent firms requiring on-the-spot decision making by prospective customers, and policies which prevent suppliers from paying commission payments to sales intermediaries.
Keywords: Consumer protection; consumer search; marketing; commission sales (search for similar items in EconPapers)
JEL-codes: D18 D83 M31 (search for similar items in EconPapers)
Date: 2011-11
New Economics Papers: this item is included in nep-com and nep-mkt
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Citations: View citations in EconPapers (2)
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:34773
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