Description
Book SynopsisPerhaps no kind of regulation is more common or less useful than mandated disclosure - requiring one party to a transaction to give the other information. This book surveys the evidence and finds that mandated disclosure rarely works.
Trade Review"Because consumers continue to overlook mandated disclosures, opting instead to scroll quickly through screen after screen of seemingly irrelevant legalese, this book by Ben-Shahar and Schneider is especially pertinent."--Choice
Table of ContentsPreface ix Part I - The Ubiquity of Mandated Disclosure 1 Chapter 1 Introduction 3 Chapter 2 Complex Decisions, Complex Disclosures 14 Chapter 3 The Failure of Mandated Disclosure 33 Part I - Why Disclosures Fail 55 Chapter 4 "Whatever": The Psychology of Mandated Disclosure 59 Chapter 5 Reading Disclosures 79 Chapter 6 The Quantity Question 94 Chapter 7 From Disclosure to Decision 107 Part III - Can Mandated Disclosure Be Saved? 119 Chapter 8 Make It Simple? 121 Chapter 9 The Politics of Disclosure 138 Chapter 10 Producing Disclosures 151 Chapter 11 At Worst, Harmless? 169 Chapter 12 Conclusion: Beyond Disclosurism 183 Notes 197 Index 225