More Than You Wanted to Know

The Failure of Mandated Disclosure

Nonfiction, Reference & Language, Law, Consumer, Social & Cultural Studies, Political Science, Government, Public Policy
Cover of the book More Than You Wanted to Know by Omri Ben-Shahar, Carl E. Schneider, Princeton University Press
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Omri Ben-Shahar, Carl E. Schneider ISBN: 9781400850389
Publisher: Princeton University Press Publication: April 20, 2014
Imprint: Princeton University Press Language: English
Author: Omri Ben-Shahar, Carl E. Schneider
ISBN: 9781400850389
Publisher: Princeton University Press
Publication: April 20, 2014
Imprint: Princeton University Press
Language: English

Perhaps no kind of regulation is more common or less useful than mandated disclosure—requiring one party to a transaction to give the other information. It is the iTunes terms you assent to, the doctor's consent form you sign, the pile of papers you get with your mortgage. Reading the terms, the form, and the papers is supposed to equip you to choose your purchase, your treatment, and your loan well. More Than You Wanted to Know surveys the evidence and finds that mandated disclosure rarely works. But how could it? Who reads these disclosures? Who understands them? Who uses them to make better choices?

Omri Ben-Shahar and Carl Schneider put the regulatory problem in human terms. Most people find disclosures complex, obscure, and dull. Most people make choices by stripping information away, not layering it on. Most people find they can safely ignore most disclosures and that they lack the literacy to analyze them anyway. And so many disclosures are mandated that nobody could heed them all. Nor can all this be changed by simpler forms in plainer English, since complex things cannot be made simple by better writing. Furthermore, disclosure is a lawmakers' panacea, so they keep issuing new mandates and expanding old ones, often instead of taking on the hard work of writing regulations with bite.

Timely and provocative, More Than You Wanted to Know takes on the form of regulation we encounter daily and asks why we must encounter it at all.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

Perhaps no kind of regulation is more common or less useful than mandated disclosure—requiring one party to a transaction to give the other information. It is the iTunes terms you assent to, the doctor's consent form you sign, the pile of papers you get with your mortgage. Reading the terms, the form, and the papers is supposed to equip you to choose your purchase, your treatment, and your loan well. More Than You Wanted to Know surveys the evidence and finds that mandated disclosure rarely works. But how could it? Who reads these disclosures? Who understands them? Who uses them to make better choices?

Omri Ben-Shahar and Carl Schneider put the regulatory problem in human terms. Most people find disclosures complex, obscure, and dull. Most people make choices by stripping information away, not layering it on. Most people find they can safely ignore most disclosures and that they lack the literacy to analyze them anyway. And so many disclosures are mandated that nobody could heed them all. Nor can all this be changed by simpler forms in plainer English, since complex things cannot be made simple by better writing. Furthermore, disclosure is a lawmakers' panacea, so they keep issuing new mandates and expanding old ones, often instead of taking on the hard work of writing regulations with bite.

Timely and provocative, More Than You Wanted to Know takes on the form of regulation we encounter daily and asks why we must encounter it at all.

More books from Princeton University Press

Cover of the book Bible Nation by Omri Ben-Shahar, Carl E. Schneider
Cover of the book The Princeton Guide to Evolution by Omri Ben-Shahar, Carl E. Schneider
Cover of the book Game of Loans by Omri Ben-Shahar, Carl E. Schneider
Cover of the book White Backlash by Omri Ben-Shahar, Carl E. Schneider
Cover of the book Looking for Rights in All the Wrong Places by Omri Ben-Shahar, Carl E. Schneider
Cover of the book The Long Divergence by Omri Ben-Shahar, Carl E. Schneider
Cover of the book The Jewish Social Contract by Omri Ben-Shahar, Carl E. Schneider
Cover of the book Deep Life by Omri Ben-Shahar, Carl E. Schneider
Cover of the book The Soul of the World by Omri Ben-Shahar, Carl E. Schneider
Cover of the book A Fraught Embrace by Omri Ben-Shahar, Carl E. Schneider
Cover of the book Politics and Strategy by Omri Ben-Shahar, Carl E. Schneider
Cover of the book After Victory by Omri Ben-Shahar, Carl E. Schneider
Cover of the book Principles of Laser Spectroscopy and Quantum Optics by Omri Ben-Shahar, Carl E. Schneider
Cover of the book The Struggle for Power in Early Modern Europe by Omri Ben-Shahar, Carl E. Schneider
Cover of the book Divine Machines by Omri Ben-Shahar, Carl E. Schneider
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy