This review provides a critical survey of psychology-and-economics (“behavioral-
economics”) research in contract theory. First, I introduce the theories of individual decision …

Consumers may overestimate the precision of their demand forecasts. This overconfidence
creates an incentive for both monopolists and competitive firms to offer tariffs with included …

Consumers routinely enter into long-term contracts with providers of goods and services-
from credit cards, mortgages, cell phones, insurance, TV, and internet services to household …

Consumer credit borrowing–using credit cards, store cards and personal loans–is an
important and routine part of many of our lives. But what happens when these everyday …

Individuals make mistakes. They suffer from imperfect information and imperfect rationality,
and consequently might fail to make choices that maximize their preferences. Few people …

As a matter of first principles, it seems impossible to deny two facts about human nature.
First, people often make serious mistakes in deciding important matters. Second, people …

ARTICLE Page 1 ARTICLE HELPING BUYERS BEWARE: THE NEED FOR SUPERVISION OF
BIG RETAIL RORY VAN Loot Since the 2008 financial crisis, consumer regulators have closely …

With the globalization of business, firms are increasingly relying on thirdparty suppliers in
countries plagued by weak governance. Although this trend has provided economic benefits …

Over the past ten years, the debate over" network neutrality" has remained one of the central
debates in Internet policy. Governments all over the world have been investigating whether …

The potential complementarities between antitrust and consumer protection lawcollectively,"
consumer law"-are well known. The rise of the newly established Consumer Financial …