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The Inefficiency of Contractually-Based Liability with Rational Consumers

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  • Abraham Wickelgren

    (Bureau of Economics, Federal Trade Commission)

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  • Abraham Wickelgren, "undated". "The Inefficiency of Contractually-Based Liability with Rational Consumers," American Law & Economics Association Annual Meetings 1061, American Law & Economics Association.
    • Handle: RePEc:bep:alecam:1061
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    References listed on IDEAS

    as
    1. Ching-To Albert Ma, 1994. "Renegotiation and Optimality in Agency Contracts," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 61(1), pages 109-129.
    2. Russell Cooper & Thomas W. Ross, 1985. "Product Warranties and Double Moral Hazard," RAND Journal of Economics, The RAND Corporation, vol. 16(1), pages 103-113, Spring.
    3. Michael Spence, 1977. "Consumer Misperceptions, Product Failure and Producer Liability," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 44(3), pages 561-572.
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