SEDUCTION BY CONTRACT LAWPDF电子书下载

Introduction 1

1. The Law, Economics, and Psychology of Consumer Contracts 6

Introduction 6

Ⅰ. The Behavioral Economics of Consumer Contracts 7

Ⅱ. Welfare hnplications 23

Ⅲ. Market Solutions andTheir Limits 26

Ⅳ. Policy Implications: Disclosure Regulation 32

Conclusion 43

Appendix 44

2. Credit Cards 51

Introduction 51

Ⅰ. The Credit Card Market 56

Ⅱ. The Credit Card Contract 65

Ⅲ. Rational-Choice Theories and Their Limits 75

Ⅳ. A Behavioral-Economics Theory 78

Ⅴ. Welfare Implications 97

Ⅵ. Market Solutions 101

Ⅶ. Policy Implications: Rethinking Disclosure 105

Conclusion 112

Appendix: Teaser Rates 113

3. Mortgages 116

Introduction 116

Ⅰ. The Subprime Mortgage Market 128

Ⅱ. The Subprime Mortgage Contract 135

Ⅲ. Rational-Choice Theories and Their Limits 146

Ⅳ. A Behavioral-EconomicsTheory 156

Ⅴ. Welfare Implications 166

Ⅵ. Policy Implications 174

Conclusion 183

4. Cell Phones 185

Introduction 185

Ⅰ. The Cell Phone and the Cellular Service Market 194

Ⅱ. The Cellular Service Contract 205

Ⅲ. Explaining the Cellular Service Contract 212

Ⅳ. Welfare Implications 229

Ⅴ. Market Solutions 233

Ⅵ. Policy Implications 238

Conclusion 246

Conclusion 248

Bibliography 251

Index 269