eprintid: 15036 rev_number: 17 eprint_status: archive userid: 1482 importid: 105 dir: disk0/00/01/50/36 datestamp: 2014-07-09 17:11:17 lastmod: 2024-04-18 11:49:01 status_changed: 2024-04-18 11:49:01 type: monograph metadata_visibility: show creators_name: Li, Sanxi creators_name: Peitz, Martin creators_name: Zhao, Xiaojian creators_idrefppn: 073351121 title: Worried about Adverse Product Effects? Information Disclosure and Consumer Awareness ispublished: pub subjects: subjects_ECO abstract: Whether consumers are aware of potentially adverse product effects, is key for private and social incentives to disclose information. To obtain a better understanding of this issue we propose a simple monopoly model that highlights the conceptual difference between consumer unawareness and consumer uncertainty. We show that total surplus may be larger in an environment in which consumers are unaware of the potentially adverse effect. We also show that disclosing information whether a particular ingredient is harmful or not increases consumer surplus, but mandatory disclosure of the level of this ingredient may make consumers worse off. date: 2010-05-12 date_type: published publisher: TSE Working Paper official_url: http://tse-fr.eu/pub/22665 faculty: tse divisions: tse keywords: Information disclosure keywords: informative advertising keywords: consumer awareness language: en has_fulltext: TRUE subjectsJEL: JEL_D8 subjectsJEL: JEL_L5 subjectsJEL: JEL_M3 view_date_year: 2010 full_text_status: public monograph_type: working_paper series: TSE Working Paper volume: 10-157 book_title: TSE Working Paper oai_identifier: oai:tse-fr.eu:22665 harvester_local_overwrite: oai_set harvester_local_overwrite: faculty harvester_local_overwrite: site harvester_local_overwrite: creators_idrefppn oai_lastmod: 2024-04-17T14:06:20Z oai_set: tse oai_set: ut1c site: ut1 citation: Li, Sanxi, Peitz, Martin and Zhao, Xiaojian (2010) Worried about Adverse Product Effects? Information Disclosure and Consumer Awareness. TSE Working Paper, n. 10-157 document_url: https://publications.ut-capitole.fr/id/eprint/15036/1/10-157.pdf