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BCCP Policy Dialogue

April 06, 2016
Time 14:00–18:00
Humboldt University Berlin Unter den Linden 6, Senatssaal 10117 Berlin
Notes Registration is now closed.

BCCP Policy Dialogue

Topic:Consumers & Information - Less is More

From using social networks to buying a car, from pension plans to cancer treatments. Every consumer is confronted with a myriad of decisions daily despite not knowing even a fraction of the relevant information. Therefore, a well trodden path to consumer protection leads to duties to inform consumers before their decisions. Yet too much information can quickly overwhelm consumers' information processing capacities. Professor Omri Ben-Shahar has developed a fundamental criticism of the information approach to consumer protection. It peaks in the hypothesis that information mandates are not only ineffectual, but even useless, if not harmful. We are therefore looking forward to your ample participation in discussing the controversial hypothesis: Consumers and Information – Less is More! For further information, please see the event flyer.


14:00Welcome & Introduction
Gerhard Wagner (Humboldt University Berlin)
14:15Duties to Inform as an Instrument of Consumer Policy
Gerd Billen (State Secretary at the Federal Ministry of Justice and Consumer Protection)
14:45More Than You Wanted to Know –
The Failure of Mandated Disclosure

Omri Ben-Shahar (University of Chicago Law School)
15:45Coffee Break
16:15Duties to Inform – The View from Institutional Economics
Justus Haucap (Heinrich-Heine-University of Düsseldorf)
16:35Duties to Inform – A Favorite of European Law
Eva-Maria Kieninger (University of Würzburg)
16:55Does Information Help?
A View from Consumer Research and Policy

Lucia Reisch (Copenhagen Business School)