Economics Dictionary of ArgumentsHome
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| Consumer policy: Consumer policy encompasses regulations, laws, and measures designed to safeguard consumer rights and interests. It aims to ensure fair competition, product safety, truthful advertising, and ethical business practices. See also Markets, Consumption, Competition._____________Annotation: The above characterizations of concepts are neither definitions nor exhausting presentations of problems related to them. Instead, they are intended to give a short introduction to the contributions below. – Lexicon of Arguments. | |||
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Economic Theories on Consumer Policy - Dictionary of Arguments
Mause I 475 Consumer Policy/Economic Theory: Neoclassical economic models assume that preferences are exogenous, i.e. "given". VsNeoclassicism: As we know, however, they can be changed or even created by marketing and other influences. Moreover, norms, habits and simply irrational behaviour can take the place of clear preferences (Jäckel 2011). (1) Neoclassical theory: assumes "consumer sovereignty". In practice, however, this fails due to a lack of decision-making ability and rationality. Behavioural EconomicsVsNeoclassical Theory. Consumer policy: aims to strengthen the position of consumers vis-à-vis suppliers and to protect them from risks. >Consumption/Economic Theories. 1. Jäckel, Michael Einführung in die Konsumsoziologie. Fragestellungen – Kontroversen – Beispieltexte. Wiesbaden 2011,_____________Explanation of symbols: Roman numerals indicate the source, arabic numerals indicate the page number. The corresponding books are indicated on the right hand side. ((s)…): Comment by the sender of the contribution. Translations: Dictionary of Arguments The note [Concept/Author], [Author1]Vs[Author2] or [Author]Vs[term] resp. "problem:"/"solution:", "old:"/"new:" and "thesis:" is an addition from the Dictionary of Arguments. If a German edition is specified, the page numbers refer to this edition. |
Economic Theories Mause I Karsten Mause Christian Müller Klaus Schubert, Politik und Wirtschaft: Ein integratives Kompendium Wiesbaden 2018 |
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