Jump to ContentJump to Main Navigation
More Than You Wanted to KnowThe Failure of Mandated Disclosure$
Users without a subscription are not able to see the full content.

Omri Ben-Shahar and Carl E. Schneider

Print publication date: 2014

Print ISBN-13: 9780691161709

Published to Princeton Scholarship Online: October 2017

DOI: 10.23943/princeton/9780691161709.001.0001

Show Summary Details
Page of

PRINTED FROM PRINCETON SCHOLARSHIP ONLINE (www.princeton.universitypressscholarship.com). (c) Copyright Princeton University Press, 2021. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in PRSO for personal use.date: 18 June 2021

Conclusion: Beyond Disclosurism

Conclusion: Beyond Disclosurism

Chapter:
(p.183) Chapter 12 Conclusion: Beyond Disclosurism
Source:
More Than You Wanted to Know
Author(s):

Omri Ben-Shahar

Carl E. Schneider

Publisher:
Princeton University Press
DOI:10.23943/princeton/9780691161709.003.0012

This concluding chapter clarifies that the book has argued that lawmakers must abandon the use of mandated disclosure, describing it as a failed regulatory method. The book has presented evidence showing that disclosures routinely fail to achieve their purposes. If mandated disclosure is a failure, if it cannot be fixed, and if it can do harm, it should be presumptively barred. This chapter discusses some sources of helpful information that can succeed without mandates, with particular emphasis on three kinds of intermediaries: consultants, aggregators, and savvy consumers/readers—can all succeed without mandated disclosure. It also imagines a world without the panacea of mandated disclosure, comparing the role of defaults and opt outs in a panacea world. It argues that in the real world, default plans are just more disclosurism.

Keywords:   lawmakers, mandated disclosure, intermediaries, consultants, aggregators, consumers, readers, defaults, opt out, disclosurism

Princeton Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs , and if you can't find the answer there, please contact us.