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...