001431829 000__ 06549cam\a2200709\i\4500 001431829 001__ 1431829 001431829 003__ OCoLC 001431829 005__ 20230309003244.0 001431829 006__ m\\\\\o\\d\\\\\\\\ 001431829 007__ cr\cn\nnnunnun 001431829 008__ 200904s2021\\\\sz\\\\\\o\\\\\101\0\eng\d 001431829 019__ $$a1193121699$$a1197837819$$a1198729846$$a1240531714$$a1249241719$$a1253410141 001431829 020__ $$a9783030490287$$q(electronic bk.) 001431829 020__ $$a3030490289$$q(electronic bk.) 001431829 020__ $$a9783030490294$$q(print) 001431829 020__ $$a3030490297 001431829 020__ $$a9783030490300$$q(print) 001431829 020__ $$a3030490300 001431829 020__ $$z3030490270 001431829 020__ $$z9783030490270 001431829 0247_ $$a10.1007/978-3-030-49028-7$$2doi 001431829 0248_ $$a10.1007/978-3-030-49 001431829 035__ $$aSP(OCoLC)1192491178 001431829 040__ $$aYDX$$beng$$erda$$epn$$cYDX$$dYDXIT$$dGW5XE$$dEBLCP$$dTEF$$dSFB$$dLQU$$dOCLCF$$dUKMGB$$dVT2$$dLIP$$dN$T$$dOCLCO$$dOCLCQ 001431829 043__ $$ae------$$an-us--- 001431829 049__ $$aISEA 001431829 050_4 $$aKJC6577.A6$$bC66 2021 001431829 08204 $$a343.4071$$223 001431829 24500 $$aConsumer law and economics /$$cKlaus Mathis, Avishalom Tor, editors. 001431829 264_1 $$aCham, Switzerland :$$bSpringer,$$c[2021] 001431829 300__ $$a1 online resource 001431829 336__ $$atext$$btxt$$2rdacontent 001431829 337__ $$acomputer$$bc$$2rdamedia 001431829 338__ $$aonline resource$$bcr$$2rdacarrier 001431829 347__ $$atext file 001431829 347__ $$bPDF 001431829 4901_ $$aEconomic analysis of law in European legal scholarship ;$$vvolume 9 001431829 500__ $$aIncludes index. 001431829 500__ $$aThis volume is the result of the 8th Law and Economics Conference held at the University of Lucerne on the 29th and 30th March 2019. The conference was organized in partnership with the Notre Dame Program on Law and Market Behavior (ND LAMB).--Preface. 001431829 5050_ $$aIntro -- Preface -- Introduction -- Contents -- Contributors -- Part I: Behavioural Insights to Consumer Law -- The Target Opportunity Costs of Successful Nudges -- 1 Introduction -- 2 The Seemingly Low Costs of Nudges -- 3 Target Opportunity Costs -- 4 The Opportunity Costs of Nudges -- 5 Nudges ́Opportunity Costs Largely Ignored -- 6 Conclusion -- References -- Complex Mortgage Loans as a Case Study for Consumer Law and Economics -- 1 Foreign Currency Mortgage Loans in Europe -- 2 The Jurisprudence of the Court of Justice of the European Union -- 3 Assessing the Unfairness 001431829 5058_ $$a4 Substituting Unfair Contract Terms with Provision of National Law -- 5 The Notion of Transparency: Lenderś Obligations Towards the Borrower -- 6 The Concept of the Average Reasonable Consumer -- 7 Assessment -- 8 Mortgage Loans and Behavioural Law and Economics: How Low Instalment Rates Lured Individuals and Judges Alike -- 9 Conclusion -- References -- The PRIIPs Regulation in View of Behavioural Research: An Example of Hyperbolized Mandated Disclosure -- 1 Introduction -- 1.1 The Point of Departure -- 1.2 The Disclosure Paradigm -- 1.3 The Acceptance of Behavioural Research 001431829 5058_ $$a2 The Failure of Mandated Disclosure: Analysis -- 2.1 Mandated Disclosure in Financial Market Law -- 2.2 Protagonists: Lawmakers, Disclosers and Disclosees -- 2.2.1 Lawmakers: The Root of All Evil? -- 2.2.2 Disclosers: Producers, Distributors and Advisors -- 2.2.3 Disclosee: Incapable, Innumerate and Biased -- 2.3 Interim Results -- 3 PRIIP -- 3.1 Concept -- 3.2 Consumer Testing Study -- 3.3 Discussing the Details -- 3.4 Key Information Document -- 3.4.1 Summary Risk Indicator -- 3.4.2 Performannce Scenarios -- 3.4.3 Presentation of Costs -- 3.5 Experiences with the KID 001431829 5058_ $$a3.6 Revision of the PRIIPs KID -- 4 Further Pillars of Investor Protection -- 4.1 POS Regulation -- 4.2 Product Governance -- 5 New Challenges -- 5.1 Robo Advice -- 5.2 Tokenization of Assets -- 6 Conclusion -- References -- Part II: Mandated Disclosure -- From Disclosure to Transparency in Consumer Law -- 1 Introduction -- 2 Legal Tradition: Consumer Protection by Rule-Making -- 3 Challenges: Findings of Behavioral Sciences and Economics -- 3.1 Behavioral Sciences in General -- 3.2 Mandated Disclosure in Particular -- 4 Societal Perspective: Right-Holders ́Approach and Transparency Concept 001431829 5058_ $$a4.1 Informational Misdirection -- 4.1.1 Over-Information -- 4.1.2 Overconfidence -- 4.2 Right-Holders ́Concept -- 4.3 Transparency Concept -- 4.3.1 Yardsticks of Transparency -- 4.3.2 Implementation of Transparency -- 5 Conclusion -- References -- No Need to Read: `Self-Enforcing ́Pre-Contractual Consumer Information in European and German Law -- 1 Introduction -- 2 The Concept and Problems of Information Based Consumer Protection -- 2.1 Doctrinal Foundation and Development of the Consumer Image -- 2.2 The Informed Consumer and False Assumptions: Behavioural Insights 001431829 506__ $$aAccess limited to authorized users. 001431829 520__ $$aThis edited volume covers the challenges currently faced by consumer law in Europe and the United States, ranging from fundamental theoretical questions, such as what goals consumer law should pursue, to practical questions raised by disclosure requirements, the General Data Protection Regulation and technology advancements. With governments around the world enacting powerful new regulations concerning consumers, consumer law has become an important topic in the economic analysis of law. Intended to protect consumers, these regulations typically seek to do so by giving them tools to make better decisions, or by limiting the consequences of their bad decisions. Legal scholars are divided, however, regarding the efficacy and effects of these regulations; some call for certain policies to be abolished, while others support a regulatory expansion. 001431829 588__ $$aOnline resource; title from digital title page (viewed on October 16, 2020). 001431829 650_0 $$aConsumer protection$$xLaw and legislation$$zEurope$$vCongresses. 001431829 650_0 $$aConsumer protection$$xLaw and legislation$$zUnited States$$vCongresses. 001431829 655_7 $$aConference papers and proceedings.$$2fast$$0(OCoLC)fst01423772 001431829 655_0 $$aElectronic books. 001431829 7001_ $$aMathis, Klaus,$$cDr. iur.,$$eeditor. 001431829 7001_ $$aTor, Avishalom,$$eeditor. 001431829 7112_ $$aLaw and Economics Conference$$n(8th :$$d2019 :$$cLucerne, Switzerland) 001431829 77608 $$iPrint version:$$z3030490270$$z9783030490270$$w(OCoLC)1153272445 001431829 830_0 $$aEconomic analysis of law in European legal scholarship ;$$vv. 9. 001431829 852__ $$bebk 001431829 85640 $$3Springer Nature$$uhttps://univsouthin.idm.oclc.org/login?url=https://link.springer.com/10.1007/978-3-030-49028-7$$zOnline Access$$91397441.1 001431829 909CO $$ooai:library.usi.edu:1431829$$pGLOBAL_SET 001431829 980__ $$aBIB 001431829 980__ $$aEBOOK 001431829 982__ $$aEbook 001431829 983__ $$aOnline 001431829 994__ $$a92$$bISE