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Concepts of the consumer in competition, regulatory, and consumer protection policies

Abstract:

Competition and economic regulation policies have traditionally been based on the conception of a “standard” consumer who is perfectly rational, has a high level of computational skills, and is invariant to the environment in which choices are made. An ever-expanding body of research concludes that, for a variety of reasons, consumers often behave in various “non-standard” ways. In light of this research, some economic regulators and competition authorities are replacing the concept of the st...

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Publication status:
Published
Peer review status:
Peer reviewed
Version:
Accepted Manuscript

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Publisher copy:
10.1093/joclec/nhx005

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Department:
Oxford, SSD, Law, Socio-Legal Studies Centre
Publisher:
Oxford University Press Publisher's website
Journal:
Journal of Competition Law and Economics Journal website
Volume:
13
Issue:
1
Pages:
151-184
Publication date:
2017-02-27
Acceptance date:
2017-01-10
DOI:
EISSN:
1744-6422
ISSN:
1744-6414
Pubs id:
pubs:683964
URN:
uri:b8e74013-8286-4b10-9de6-a295bc0d27c7
UUID:
uuid:b8e74013-8286-4b10-9de6-a295bc0d27c7
Local pid:
pubs:683964

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