This paper discusses the development of, and key issues surrounding, an FTC regulation designed specifically to help the disadvantaged. Suggestions are made for improving: the input from the disadvantaged and other concerned groups in developing such regulations; theories purporting to explain regulation; and priority-setting for future regulation.
Get full access to this article
View all access options for this article.
References
1.
American Bar Association (1969), Report of the ABA Commission to Study the Federal Trade Commission, New York: American Bar Association.
2.
AndreasenAlan R. (1975), The Disadvantaged Consumer, New York: The Free Press.
3.
AndreasenAlan R. (1977a), “Consumer Satisfaction and Market Performance,”Journal of Consumer Policy/Zeitschrift für Verbraucherpolitik, 1 (Fall), 311–322.
4.
AndreasenAlan R. (1977b), “A Taxonomy of Consumer Satisfaction/Dissatisfaction Measures,”Journal of Consumer Affairs, 11 (Winter), 11–24.
5.
AndreasenAlan R. (1978), “The Ghetto Marketing Life Cycle; A Case of Underachievement,”Journal of Marketing Research, 15 (February), 20–28.
6.
AndreasenAlan R., and BestArthur (1977), “Consumers Complain—Does Business Respond?”Harvard Business Review, 55(July-August), 93–101.
7.
BaileyThomas A. (1970), “Congressional Opposition to Pure Food Legislation 1879–1906,”American Journal of Sociology, 36(July).
8.
BarthJames, and YezarAnthony (1977), “The Economic Impact of the Federal Trade Commission Proposals for Credit Contract Regulations on the Cost and Availability of Consumer Credit,” prepared for the Division of Consumer Protection, Federal Trade Commission by the Bureau of Social Science Research, March 31.
9.
BurkhardtRobert (1967), The Federal Aviation Administration, New York: Praeger Publishers.
10.
CaplovitzDavid (1963), The Poor Pay More, Glencoe, IL: The Free Press.
11.
CaplovitzDavid (1974), Consumers in Trouble: A Study of Debtors in Default, New York: The Free Press.
12.
CoaseR.H. (1959), “The Federal Communications Commission,”Journal of Law and Economics, 2 (October), 1–40.
13.
CoxEdward F., FellnethRobert C., and SchultzJohn E. (1969), The Nader Report on the Federal Trade Commission, New York: Grove Press, Inc.
14.
DayRalph L., and Laird LandonE.Jr. (1976), “Collecting Comprehensive Consumer Complaints Data by Survey Research,” in Advances in Consumer Research, Vol. III, AndersonBeverlee B., ed., Cincinnati: Association for Consumer Research, 263–268.
15.
Federal Trade Commission (1968), Report on District of Columbia Consumer Protection Program, Washington, D.C.: U.S. Government Printing Office.
16.
Federal Trade Commission (1974) unpublished memorandum to Commissioners from staff proposing a Trade Regulation Rule defining certain creditor remedies as unfair trade practices, April 19.
17.
GreerDouglas F. (1972), “Creditors’ Remedies and Contract Provisions: An Economic and Legal Analysis of Consumer Credit Collection,” National Commission on Consumer Finance:Technical Studies, Vol. 5.
18.
HandyCharles R., and PfaffMartin (1975), Consumer Satisfaction with Food Products and Marketing Services, Agricultural Report No. 281, Economic Research Service, U.S. Department of Agriculture.
19.
JonesMary Gardiner (1969), “Deceptions in the Marketplace of the Poor: The Role of the Federal Trade Commission,” in The Ghetto Marketplace, StudivantFrederick D., ed., New York: The Free Press, 244–256.
20.
JonesMary Gardiner (1974), “Planning the Federal Trade Commission's Consumer Protection Activities,”Journal of Consumer Affairs, 8 (Summer), 8–29.
21.
JordanW.A. (1970), Airline Regulation in America: Effects and Imperfections, Baltimore, MD: Johns Hopkins Press.
22.
KolkoGabriel (1965), Railroads and Regulation, 1877–1916, Princeton, NJ: Princeton University Press.
23.
MitchellJeremy (1977), “A Systematic Approach to Analyzing Consumer Complaints,”Journal of Consumer Studies and Home Economics, 1 (March), 3–20.
24.
National Advisory Commission on Civil Disorders (1968), Report of the National Advisory Commission on Civil Disorders, March 1, Washington, D.C.: U.S. Government Printing Office, 81–82.
25.
PetersonRichard L. (1977a), “Changes In Finance Company Personal Loan Policies Following Enactment of the Wisconsin Consumer Act,” prepared for the Office of Policy Planning and Research, Federal Trade Commission, June 24.
26.
PetersonRichard L. (1977b), “The Impact of Creditors’ Remedies on Consumer Loan Changes,” prepared for the Office of Policy Planning and Research, Federal Reserve Commission, June 24.
27.
PetersonRichard L. (1977c), “The Impact of Restricted Creditors’ Remedies on Automobile Finance Companies in Wisconsin,” prepared for the Office of Policy Planning and Research, Federal Trade Commission, June 24.
28.
PetersonRichard L., and FrewJames R. (1977), “Creditor Remedy Restrictions and Interstate Differences in Personal Loan Rates and Availability: A Supplementary Analysis,” prepared for the Office of Policy Planning and Evaluation, Federal Trade Commission, June 24.
29.
PosnerRichard A. (1974), “Theories of Economic Regulation,”The Bell Journal of Economics and Mangement Science, 5 (Autumn), 335–350.
30.
PullenRobert (1968), The Impact of Truth-in-Lending Legislation, Boston: Federal Reserve Bank.
31.
StiglerGeorge (1971), “The Theory of Economic Regulation,”The Bell Journal of Economics and Management Science, 2 (Spring), 3–21.
32.
WilsonJames Q. (1974), “The Politics of Regulation,” in Social Responsibility and the Business Predicament, McKieJames, ed., Washington, D.C.: The Brookings Institution, 135–168.
33.
WoodwardJulian, and RoperElmo (1950), “The Political Activity of American Citizens,”American Political Science Review, 44 (December), 872–885.
34.
Yankelovich, Skelly and White, Inc. (1976), Qualitative Evaluation of the Impact of the Holder-In-Due-Course Rule on Lending Institutions, New York: Skelly and White, Inc., (August).