Product Liability Legislation, Consumer Behaviour and Marketing Strategy
Abstract
Analyses the possible effects of product liability legislation on marketing activity. Studies the effects on consumer behaviour of such legislation by means of a buying behaviour model. Uses these effects to further analyses the same effects on various components of the manufacturers' marketing mix and strategy. Concludes that, generally, although the declared purpose of product liability legislation is to protect consumers from specific purchasing hazards, it actually rather causes harm and infringes their economic welfare. Reveals, also, that, on the producer's side, market structure will be more unstable.
Keywords
Citation
Lebermann, Y. (1984), "Product Liability Legislation, Consumer Behaviour and Marketing Strategy", European Journal of Marketing, Vol. 18 No. 1, pp. 56-63. https://doi.org/10.1108/EUM0000000004797
Publisher
:MCB UP Ltd
Copyright © 1984, MCB UP Limited