Modern legal scholars frequently and increasingly base their analyses on the assumption, grounded largely in the extensive experimental literature, that individuals are subject to a number of systematic behavioral biases. Within the legal literature, behavioral economic analysis has been relied upon to generate a significant number of proposals for paternalistic regulation. These proposals are ...

Modern legal scholars frequently and increasingly base their analyses on the assumption, grounded largely in the extensive experimental literature, that individuals are subject to a number of systematic behavioral biases. Within the legal literature, behavioral economic analysis has been relied upon to generate a significant number of proposals for paternalistic regulation. These proposals are ...

The United Nations Guidelines for Consumer Protection are an influential declaration of best practices in consumer protection law and policy. But as they were last amended in 1999, they are now overdue for an update not least in areas where advances in technology have affected consumers, such as access to knowledge, Internet and telecommunications services, e-commerce, and digital products and ...

This note provides an economic approach to consumer privacy and data security based on the extensive economic literature on how information flows, and is used, in the marketplace. We apply that approach to consumer protection in privacy and data security, as a step toward the ultimate goal of facilitating well-grounded cost-benefit analysis of future policy and law enforcement action in this area.

We study how the complexity of evolutionary dynamics in the classic MacArthur consumerresource model depends on resource uptake and utilization rates. The traditional assumption in such models is that the utilization rate of the consumer is proportional to the uptake rate. More generally, we show that if these two rates are related through a power law (which includes the traditional assumption ...

341 Alcohol research is carried out from a variety of disciplinary backgrounds and perspectives. From an economic perspective, alcoholic beverages are consumer goods, and therefore what is known about consumer behavior in general is likely to provide insights into alcohol consumption in particular. Perhaps the most basic prediction from the economic model of consumer behavior is that, other thi...

The modernization of the electrical grid and the installment of smart meters come with many advantages to control and monitoring. However, in the wrong hands, the data might pose a privacy treat. In this paper, we consider the tradeoff between smart grid operations and the privacy of consumers. We analyze the tradeoff between smart grid operations and how often data is collected by considering ...

BACKGROUND We reviewed the implementation of New Zealand laws in relation to the activities of the tobacco industry and their allies. Material for two brief case studies was obtained from correspondence with official agencies, official information requests, internet searches (tobacco industry documents and official government sites), and interviews with 12 key informants. RESULTS The first ca...