Consumer Protection and the Incentive to Become Informed.
We discuss the impact of consumer protection policies on consumers' incentives to become informed of the best deals available in the market. In a market with costly information acquisition, we find that imposing a cap on suppliers' prices reduces the incentive to become informed of market...
| Main Authors: | , , |
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| Format: | Journal article |
| Language: | English |
| Published: |
MIT Press
2009
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