THE NEW YORK TIMES, PRESS Lindsey Smith THE NEW YORK TIMES, PRESS Lindsey Smith

The Paradox of Disclosure.

A POPULAR remedy for a conflict of interest is disclosure — informing the buyer (or the patient, etc.) of the potential bias of the seller (or the doctor, etc.). Disclosure is supposed to act as a warning, alerting consumers to their adviser’s stake in the matter so they can process the advice accordingly.

Read More