Protecting buyers from fine print
(2016)
Journal Article
D'Agostino, E., & Seidmann, D. J. (2016). Protecting buyers from fine print. European Economic Review, 89, https://doi.org/10.1016/j.euroecorev.2016.05.004
Buyers typically do not read the …ne print in contracts, providing an incentive for a monopolist to draft terms which are unfavorable to buyers. We model this problem, proving that trade must then be inefficient. We show that regulation which mandate... Read More about Protecting buyers from fine print.