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Allocative efficiency in EU consumer law

In: The Consumer Welfare Hypothesis in Law and Economics

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Abstract

The analysis of the dataset about EU consumer law is divided into two. First, materials pertaining to consumer empowerment are reverse engineered. Next, the analysis focuses on consumer protection. The reverse engineering delivers a clear result: the consumer welfare hypothesis fits better than the total welfare hypothesis with EU consumer law.

Suggested Citation

  • ., 2022. "Allocative efficiency in EU consumer law," Chapters, in: The Consumer Welfare Hypothesis in Law and Economics, chapter 6, pages 138-174, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:20385_6
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    Cited by:

    1. Niu, Xiaoxiao & Harvey, Nigel, 2023. "Are lay expectations of inflation based on recall of specific prices? If so, how and under what conditions?," Journal of Economic Psychology, Elsevier, vol. 98(C).
    2. Grossman, Ori & Rachamim, Matti, 2024. "How can coffee shops draw customers back after COVID-19? the influence of psychological distance on coffee versus tea preference," Journal of Business Research, Elsevier, vol. 172(C).

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    Keywords

    Economics and Finance; Law - Academic;

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