Seduction by Contract
Author | : Oren Bar-Gill |
Publisher | : Oxford University Press |
Total Pages | : 297 |
Release | : 2012-08-23 |
ISBN-10 | : 9780199663361 |
ISBN-13 | : 019966336X |
Rating | : 4/5 (61 Downloads) |
Download or read book Seduction by Contract written by Oren Bar-Gill and published by Oxford University Press. This book was released on 2012-08-23 with total page 297 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seduction by Contract explains how consumer contracts emerge from market forces and consumer psychology. Consumers' predictable mistakes - they are short-sighted, optimistic, and imperfectly rational - compel sellers to compete by hiding the true costs of products in complex, misleading contracts. Only better law can overcome the market's failure.