in Journal of Competition Law & Economics
March 2012; p ublished online March 2012 .
Journal Article. Subjects: Law and Economics; General Economics; Technological Change; Research and Development; History of Economic Thought (1925 onwards); Household Behaviour and Family Economics; Property Law; Microeconomics; Analysis of Collective Decision-making; Manufacturing; Welfare Economics; Antitrust Issues and Policies; Economic History; Production and Organizations; Market Structure and Pricing; Information, Knowledge, and Uncertainy; Regulation and Industrial Policy; Capitalist Systems; Firm Objectives, Organization, and Behaviour; Market Structure, Firm Strategy, and Market Performance; History of Economic Thought (to 1925). 21147 words.
In its recent report entitled, “The Evolving IP Marketplace,” the Federal Trade Commission (FTC) proposes a far-reaching regulatory approach (Proposal) that is likely to interfere with the...
in American Law and Economics Review
April 2012; p ublished online December 2011 .
Journal Article. Subjects: Law and Economics; Household Behaviour and Family Economics; Intertemporal Choice and Growth; Tax Law; Contract Law. 13623 words.
We study the effect of legal constraints in an environment in which agents face demand shocks they would like to smooth but also have weakness of will: agents' long and short run...
Optimal Sharing of Foodborne Illness Prevention between Consumers and Industry: The Effect of Regulation and Liability
in American Journal of Agricultural Economics
May 2004; p ublished online May 2004 .
Journal Article. Subjects: Manufacturing; Household Behaviour and Family Economics; Tort Law; Agricultural Economics. 9231 words.
Consumers and the food industry can both prevent foodborne illness. Two questions are explored: what is the socially optimal level of preventative effort by each and can tort and regulatory...
in Oxford Economic Papers
April 2010; p ublished online April 2009 .
Journal Article. Subjects: Household Behaviour and Family Economics; Financial Regulation; Tort Law. 8487 words.
Credit purchases of consumer goods are commonly made upon terms governed by an agreement between the lender and the seller. The puzzle that the paper addresses is the issue that in this...
in The Journal of Law, Economics, and Organization
October 2011; p ublished online October 2009 .
Journal Article. Subjects: Information, Knowledge, and Uncertainy; Household Behaviour and Family Economics; Tort Law; Market Structure, Firm Strategy, and Market Performance. 10129 words.
A manufacturer learns a product's risks after it has been sold and distributed to consumers. When held strictly liable for product-related injuries, the manufacturer offers to repurchase...