ECONOMICS OF PRODUCT SAFETY AND IMPERFECT INFORMATION.

Résultat de rechercheexamen par les pairs

17 Citations (Scopus)

Résumé

An earlier article in the Bell Journal analyzed the economics of product safety. Primary emphasis was on a full information model. However, since product safety is only a problem if consumer information is inadequate, policy implications of a full information analysis are suspect. This paper stresses the importance of treating product bans and liability rules as part of the consumer's information processing system.

Langue d'origineEnglish
Pages (de-à)683-688
Nombre de pages6
JournalBell J Econ Manage Sci
Volume5
Numéro de publication2
DOI
Statut de publicationPublished - 1974

ASJC Scopus Subject Areas

  • General Engineering

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