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'origine | English |
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Pages (de-à) | 683-688 |
Nombre de pages | 6 |
Journal | Bell J Econ Manage Sci |
Volume | 5 |
Numéro de publication | 2 |
DOI | |
Statut de publication | Published - 1974 |
ASJC Scopus Subject Areas
- General Engineering