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Fairness Crowded Out by Law

An Experimental Study on Withdrawal Rights

Bibliographic Data

ID24058507
AuthorsGeorg Borges (0009-0001-3060-6543), Bernd Irlenbusch (0000-0002-3433-2826)
Year2007
Volume163
Issue1
Pages84-101
Publication date2007-01-01
Peer ReviewedYes
Open AccessNo
TypeARTICLE
VenueJournal of Institutional and Theoretical Economics JITE (JOURNAL)
Journal identifiersISSN: 0932-4569 • E-ISSN: 1614-0559
PublisherMohr Siebeck (PUBLISHER)
DOI10.1628/093245607780181937
OpenAlexW1982207974
LanguageEN
Citations received2

Withdrawal rights protect buyers in distance selling, for example when ordering via the Internet. After introducing such a law in Germany the proportion of returned goods drastically increased although most sellers had already offered a return option before. We experimentally investigate scenarios in which sellers can voluntarily offer a withdrawal right. In a second treatment it is provided by law. We find indications that a voluntary provision is perceived as friendly, so that buyers reciprocate by not exploiting sellers too heavily. A third treatment reveals that small return costs for buyers have only a marginal influence on withdrawal behaviour.

Business · Economics · Internet privacy · Law and economics · Marginal utility · Microeconomics · Political science · The Internet · Third party · Turnover · Auction Theory and Applications · Computer Science · Consumer Market Behavior and Pricing · Digital Platforms and Economics · Law

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    Open Access•Shmuel I Becher, Eberhard Feess et al.•The Journal of Legal Studies•2023

Unique citing works2
Citations per year0,14
Citation span2012 - 2023 (12)
Citation velocityhistorical
Highly citedNo
Citation typesNeutral: 2
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