Recent bple items

From Independence to Politics in Financial Regulation

Tue, 11 Dec 2012 00:00:00 +0000

From Independence to Politics in Financial Regulation

Public Policy Rationality

Fri, 19 Oct 2012 00:00:00 +0000

Public Policy Rationality

LINEAMIENTOS PARA IMPLEMENTAR LOS INSTRUMENTOS ECONÓMICOS DE LA LEGISLACIÓN AMBIENTAL DE LA REGIÓN CENTRO OCCIDENTE DE MÉXICO. RESULTADOS DE UNA INVESTIGACION PROSPECTIVA

Fri, 19 Oct 2012 00:00:00 +0000

LINEAMIENTOS PARA IMPLEMENTAR LOS INSTRUMENTOS ECONÓMICOS DE LA LEGISLACIÓN AMBIENTAL DE LA REGIÓN CENTRO OCCIDENTE DE MÉXICO. RESULTADOS DE UNA INVESTIGACION PROSPECTIVA

Teoría de Juegos y Derecho: “Arbitraje de Oferta Final”

Fri, 19 Oct 2012 00:00:00 +0000

Teoría de Juegos y Derecho: “Arbitraje de Oferta Final”

O Tratamento do Poder Econômico nos Contratos Empresariais: conspectos e novas realidades para a doutrina jurídica brasileira

Tue, 16 Oct 2012 00:00:00 +0000

O Tratamento do Poder Econômico nos Contratos Empresariais: conspectos e novas realidades para a doutrina jurídica brasileira

A ANÁLISE ECONÔMICA DA LITIGÂNCIA: TEORIA E EVIDÊNCIAS

Tue, 19 Jun 2012 00:00:00 +0000

A ANÁLISE ECONÔMICA DA LITIGÂNCIA: TEORIA E EVIDÊNCIAS

EL ENIGMA DE LOS BONOS CUBIERTOS

Tue, 19 Jun 2012 00:00:00 +0000

EL ENIGMA DE LOS BONOS CUBIERTOS

Colusión sin evidencia directa en el Perú ¿La sospecha basta?

Mon, 18 Jun 2012 00:00:00 +0000

Colusión sin evidencia directa en el Perú ¿La sospecha basta?

Direito, Economia e Responsabilidade Objetiva no Brasil

Mon, 18 Jun 2012 00:00:00 +0000

Direito, Economia e Responsabilidade Objetiva no Brasil

POLÍTICAS PÚBLICAS E A DIFICULDADE DE EFETIVAR DIREITOS SOCIAIS NO BRASIL

Mon, 18 Jun 2012 00:00:00 +0000

PUBLIC POLICIES AND THE DIFFICULTY TO IMPLEMENT SOCIAL RIGHTS IN BRAZIL

Abstract

With the enactment of the Constitution of 1988, the federal entities were given more autonomy and as a consequence, they started to be competent to plan and execute public policies, in order to accomplish social rights. However, the efficacy of these policies depends on the existence of resources, which makes the promotion of all the fundamental rights difficult. Therefore, the government should choose its investments priorities, assessing the budget capacity, since money is not sufficient to provide all the rights. In addition, society should play a more active role in the planning of public policies.

Análisis Económico del Derecho del Consumidor: elección, heurísticas y sesgos de percepción.

Mon, 18 Jun 2012 00:00:00 +0000

This paper attempts to identify and characterize some of the heuristics that are present in the consumer decision-making in markets where information, regarding the quality or intrinsic risk associated with consumption of goods, is not perfect. In doing so we integrate some tools coming from mainstream Law and Economics, socio-cognitive psychology and behavioral economics in order to evaluate the influence of these elements, taking mandatory warranties, as a preliminary case study.

A real options approach to criminal careers

Mon, 18 Jun 2012 00:00:00 +0000

A real options approach to criminal careers

Regulation and Moral Hazard in Forest Concessions in Brazil

Mon, 18 Jun 2012 00:00:00 +0000

Regulation and Moral Hazard in Forest Concessions in Brazil

Análise Econômica dos Institutos do Casamento e do Divórcio [Economic Analysis of the Institutes of Marriage and Divorce]

Mon, 18 Jun 2012 00:00:00 +0000

Análise Econômica dos Institutos do Casamento e do Divórcio [Economic Analysis of the Institutes of Marriage and Divorce]

Exploración de las condiciones y criterios necesarios en la elaboración y diseño de reglas formales que promuevan un clima de inversión inclusivo

Mon, 18 Jun 2012 00:00:00 +0000

El objetivo del presente trabajo se encuentra en explorar qué aspectos y criterios se deben tener en cuenta en la elaboración y diseño de las reglas formales que favorecen la existencia de un clima de inversiones inclusivo , esto es, un entorno donde las firmas se dediquen a actividades productivas que no sólo beneficien a éstas, sino también a la sociedad.

ANÁLISIS ECONÓMICO DE LOS DERECHOS COLECTIVOS Y SU MECANISMO DE PROTECCIÓN JURISDICCIONAL EN COLOMBIA: El papel de los incentivos, la acción colectiva y la provisión de bienes públicos

Mon, 18 Jun 2012 00:00:00 +0000

ANÁLISIS ECONÓMICO DE LOS DERECHOS COLECTIVOS Y SU MECANISMO DE PROTECCIÓN JURISDICCIONAL EN COLOMBIA: El papel de los incentivos, la acción colectiva y la provisión de bienes públicos

¿Puede modificarse el riesgo en los contratos de seguro?

Mon, 18 Jun 2012 00:00:00 +0000

Resumen:El riesgo es un elemento esencial de toda clase de seguros. Por eso en este artículo examinaremos las modificaciones que pueden afectar al contrato de seguros cuando cambia el riesgo. Centraremos nuestro estudio en la agravación del riesgo, la disminución del riesgo y lo que hemos denominado la “distorsión del riesgo”, ya que el seguro es utilizado con fines distintos de los mercantiles, en las fronteras de la licitud del contrato.

Doctor Frankenstein's International Organization

Mon, 12 Mar 2012 00:00:00 +0000

Doctor Frankenstein's International Organization

The Case Against Consent in International Law

Mon, 12 Mar 2012 00:00:00 +0000

The Case Against Consent in International Law

Exclusion as a Core Competition Problem

Wed, 29 Feb 2012 00:00:00 +0000

Exclusion as a Core Competition Problem

2ndTest comment

Wed, 29 Feb 2012 00:00:00 +0000

2ndTest comment

An Economics Theory of Information Escrows

Thu, 26 Jan 2012 00:00:00 +0000

An Economics Theory of Information Escrows

Understanding the Democratic Transition in South Africa

Thu, 26 Jan 2012 00:00:00 +0000

South Africa’s transition from apartheid to democracy stands as one of the past century’s

most important political events. The transition has been successful to this point because the

new constitution adopted a form of federal governance that has been able to provide

protection for the economic elite from maximal redistributive taxation. Appropriately

structured, federal governance creates a “hostage game” in which the majority central

government controls the tax rate but elite run province(s) control the provision of important

redistributive services to a significant fraction of lower income households. At least to

today, the political economy of South Africa has found a stable equilibrium with less than

maximal redistributive taxation. Moreover, the move to a democratic federalist system has

improved the economic welfare of both the white minority and the black majority. Whether

the federal structure can continue...

The Effect of Police on Crime: New Evidence from U.S. Cities, 1960-2008

Fri, 28 Oct 2011 00:00:00 +0000

The Effect of Police on Crime: New Evidence from U.S. Cities, 1960-2008

Patent-Infringement Injunctions' Scope

Sun, 16 Oct 2011 00:00:00 +0000

This article addresses a largely neglected issue: the scope of injunctions against patent infringement. First, the article uses an economic model for infringer incentives to show how concerns of injunction scope are substantially analogous to much more widely examined concerns of patent scope. Second, the article discusses existing U.S. law on patent-infringement injunctions and develops a taxonomy of injunction types. The article then reports results from a systematic study of patent-infringement injunctions issued by U.S. district courts in 2010. Startlingly, nearly 60% of 143 identified orders include “obey the law” language that apparently violates the United States’ Federal Rules of Civil Procedure, at least as those rules have been understood by the U.S. Court of Appeals for the Federal Circuit. The subset of actively opposed injunctions exhibits such error at a lower but still substantial rate of about 47%. On the other hand, only three of 25 injunctions directed to...

Emissions Trading and Social Justice

Tue, 20 Sep 2011 00:00:00 +0000

Cap and trade is controversial in part because of claims that it is unjust, an issue that was highlighted by recent litigation against California’s proposed carbon market. This essay considers an array of fairness issues relating to cap and trade. In terms of fairness to industry, the conclusion is that distributing free allowances overcompensates firms for the cost of compliance, assuming any compensation is warranted. Industry should not receive, in effect, ownership of the atmosphere at the expense of the public. Environmental justice advocates argue that cap-and-trade systems promote hotspots and encourage dirtier, older plants to continue operating to the detriment of some communities. Designers of cap-and-trade systems should be alert to possible hotspots, particularly in disadvantaged communities. Little reason exists, however, to believe that any such hotspots are systematically linked with disadvantage. Finally, any regulation of emissions raises costs, with a disproportionate...

Law and Economics in the Israeli Legal System: Why Learned Hand Never Made It to Jerusalem

Thu, 8 Sep 2011 00:00:00 +0000

Law and Economics in the Israeli Legal System: Why Learned Hand Never Made It to Jerusalem

The Price of Private Enforcement Under the False Claims Act

Wed, 7 Sep 2011 00:00:00 +0000

The Price of Private Enforcement Under the False Claims Act

Law, Sustainability, and the Pursuit of Happiness

Tue, 30 Aug 2011 00:00:00 +0000

Environmental law focuses on regulating the production of energy and goods. Less attention has been given to reducing the environmental footprint of consumption. This Article brings together several strands of research, including psychological and economic research on subjective wellbeing; research on energy efficiency; writings by urban planners on sustainable communities; and recent work on individual behavior and sustainability. The conclusion, in a nutshell, is that changes in consumption of goods and energy, assisted by improvements in urban design and transportation infrastructure, can significantly reduce energy use and environmental harm. A variety of legal tools are available to promote these changes. Remarkably, many of the steps needed for sustainability can actually improve quality of life, adding to individual satisfaction. Thus, sustainability for society and the pursuit of individual happiness need not be at odds.

A Way Forward for State Taxation of E-Commerce

Mon, 29 Aug 2011 00:00:00 +0000

We propose a novel solution for states that wish to tax interstate e-commerce based on fully and adequately compensating remote vendors for all tax compliance costs. We argue that our proposed solution is compatible with the Quill framework for when states can constitutionally impose burdens on remote vendors. We argue that unlike our proposed solution, the recent state attempts to tax interstate e-commerce through so-called “Amazon laws” are unconstitutional, ineffective, or both. We thus urge the states to adopt our proposed approach as the best way forward for state taxation of interstate e-commerce.

Regulation, Unemployment, and Cost-Benefit Analysis

Mon, 1 Aug 2011 00:00:00 +0000

Regulation, Unemployment, and Cost-Benefit Analysis

Ideas and Innovations: Which should be subsidized?

Thu, 14 Jul 2011 00:00:00 +0000

Ideas and Innovations: Which should be subsidized?

Rethinking America’s Illegal Drug Policy

Thu, 14 Jul 2011 00:00:00 +0000

This paper provides a critical review of the empirical and theoretical literatures on illegal drug policy, including cross-country comparisons, in order to evaluate three drug policy regimes: criminalization, legalization and “depenalization.” Drawing on the experiences of various states, as well as countries such as Portugal and the Netherlands, the paper attempts to identify cost-minimizing policies for marijuana and cocaine by assessing the differing ways in which the various drug regimes would likely change the magnitude and composition of the social costs of each drug. The paper updates and evaluates Jeffrey Miron’s 1999 national time series analysis of drug prohibition spending and the homicide rate, which underscores the lack of a solid empirical base for assessing the theoretically anticipated crime drop that would come from drug legalization. Nonetheless, the authors conclude that given the number of arrests for marijuana possession, and the costs of incarceration...

Preliminary References — Analyzing the Determinants that Made the ECJ the Powerful Court it Is

Tue, 17 May 2011 00:00:00 +0000

Preliminary References — Analyzing the Determinants that Made the ECJ the Powerful Court it Is

A Model of Optimal Government Bailouts

Thu, 5 May 2011 00:00:00 +0000

We analyze incentive-efficient government bailouts within a canonical model of intra-firm moral hazard. Bailouts exacerbate the moral hazard of firms and managers in two ways. First, they make them less averse to failing. Second, the taxes to fund bailouts dampen their incentives. Nevertheless, if third-party externalities from keeping the firm alive are strong, bailouts can improve welfare. Our model suggests that governments should use bailouts sparingly, where social externalities are large and subsidies small; eliminate incumbent owners and managers to improve a priori incentives; and finance bailouts through redistributive taxes on productive firms instead of forcing recipients to repay in the future.

The Economics of Horizontal Government Cooperation

Mon, 11 Apr 2011 00:00:00 +0000

The Economics of Horizontal Government Cooperation

Law and Growth Economics: A Framework for Research

Fri, 1 Apr 2011 00:00:00 +0000

Many law and economics models concern static efficiency and redistribution. The standard analysis of dynamic industries requires lawmakers to balance faster innovation against lower consumer prices. Sustained growth dominates these effects, so law and growth economics should focus on maximizing it. Law can increase the growth rate by making innovation more profitable. We distinguish innovation into phases -- discovering ideas, developing them with capital and labor, and marketing innovations. Strengthening intellectual property law and weakening antitrust law increases the costs of developing ideas, and also increases the revenues from marketing innovations. To maximize the profitability of innovation, law should balance these two effects. We use these ideas to develop a framework for law and growth economics.

Spatial Competition, Network Externalities, and Market Structure: An Application to Commercial Banking.

Thu, 31 Mar 2011 00:00:00 +0000

Spatial Competition, Network Externalities, and Market Structure: An Application to Commercial Banking.

Law as a Byproduct: Theories of Private Law Production

Mon, 28 Mar 2011 00:00:00 +0000

Law as a Byproduct: Theories of Private Law Production

Left, Right, and Center: Strategic Information Acquisition and Diversity in Judicial Panels

Thu, 24 Mar 2011 00:00:00 +0000

Left, Right, and Center: Strategic Information Acquisition and Diversity in Judicial Panels

The Consent Problem in International Law

Thu, 10 Mar 2011 00:00:00 +0000

International law is built on the foundation of state consent. A state’s legal obligations are overwhelmingly – some would say exclusively – based on its consent to be bound. This focus on consent offers maximal protection to individual states. If a country feels that a proposed change to international law does not serve its interests, it can avoid that change by withholding its agreement. This commitment to consent preserves the power of states, but it also creates a serious problem for the international system. Because any state can object to any proposed rule of international law, only changes that benefit every single affected state can be adopted. This creates a cumbersome status quo bias. Though legal reforms that would lead to a loss of well-being are avoided, so are reforms that would increase well-being for most but not all states. This Article challenges the conventional view of consent. It argues that our existing commitment to consent is excessive and that...

Rational Treaties: Article II, Congressional-Executive Agreements, and International Bargaining

Tue, 8 Mar 2011 00:00:00 +0000

Rational Treaties: Article II, Congressional-Executive Agreements, and International Bargaining

A Century of American Economic Review

Tue, 8 Mar 2011 00:00:00 +0000

Using information collected from American Economic Review publications of the last 100 years, we try to provide answers to various questions: Which are the top AER publishing institutions and countries? Which are the top AER papers based on citation success? How frequently is someone able to publish in AER? How equally is citation success distributed? Who are the top AER publishing authors? What is the level of cooperation among the authors? What drives the alphabetical name ordering? What are the individual characteristics of the AER authors, editors, editorial board members, and referees? How frequently do women publish in AER? What is the relationship between academic age, publication performance, and citation success? What are the paper characteristics? What influences the level of technique used in articles? Do connections have an influence on citation success? Who receives awards? Can awards increase the probability of publishing in AER at a later stage?

Negligent Misrepresentation as Contract

Mon, 28 Feb 2011 00:00:00 +0000

Negligent Misrepresentation as Contract

Three Essays On Tax Salience: Market Salience and Political Salience

Wed, 16 Feb 2011 00:00:00 +0000

This Article analyzes the behavioral economics literatures on how individuals understand taxation (i.e., tax salience). We evaluate how taxpayers respond to different presentations of tax prices both in their roles as market participants and as voters. We aim to combat several naïve notions about tax salience that currently exert a pernicious influence on tax lawmaking. In particular, we argue that it is normatively desirable for governments to reduce tax salience with respect to market decision making, and that there is nothing normatively objectionable about governments also reducing tax salience with respect to political decision making.

Freedom to Trade and the Competitive Process

Thu, 10 Feb 2011 00:00:00 +0000

Although antitrust courts sometimes stress the competitive process, they have not deeply explored what that process is. Inspired by the theory of the core, we explore the idea that the competitive process is the process of sellers and buyers forming improving coalitions. Much of antitrust can be seen as prohibiting firms’ attempts to restrain improving trade between their rivals and customers. In this way, antitrust protects firms’ and customers’ freedom to trade to their mutual betterment.

The Philosophy of Law and Economics

Wed, 19 Jan 2011 00:00:00 +0000

The Philosophy of Law and Economics

Class Discussion: Liability for Incompensable Harms. Presenter: Cooter / David DePianto

Fri, 14 Jan 2011 00:00:00 +0000

Class Discussion: Liability for Incompensable Harms. Presenter: Cooter / David DePianto

Building Criminal Capital vs Specific Deterrence: The Effect of Incarceration Length on Recidivism

Fri, 10 Dec 2010 00:00:00 +0000

Building Criminal Capital vs Specific Deterrence: The Effect of Incarceration Length on Recidivism

Selective Disclosure of Public Information: Who Needs to Know?

Wed, 8 Dec 2010 00:00:00 +0000

Selective Disclosure of Public Information: Who Needs to Know?

Insiders and Outsiders: Does Forbidding Sexual Harassment Exacerbate Gender Inequality?

Wed, 8 Dec 2010 00:00:00 +0000

Insiders and Outsiders: Does Forbidding Sexual Harassment Exacerbate Gender Inequality?

Willingness to Pay, Death, Wealth and Damages

Mon, 6 Dec 2010 00:00:00 +0000

Willingness to Pay, Death, Wealth and Damages

Testing for Racial Discrimination in Bail Setting Using Nonparametric Estimation of a Parametric Model

Fri, 3 Dec 2010 00:00:00 +0000

Testing for Racial Discrimination in Bail Setting Using Nonparametric Estimation of a Parametric Model

Maturing into Normal Science: Empirical Legal Studies' Effect on Law & Economics

Wed, 24 Nov 2010 00:00:00 +0000

Maturing into Normal Science: Empirical Legal Studies' Effect on Law & Economics

Reconsidering Racial Bias in Motor Vehicle Searches: Theory and Evidence

Mon, 22 Nov 2010 00:00:00 +0000

Reconsidering Racial Bias in Motor Vehicle Searches: Theory and Evidence

Deliberation versus Bargaining on the U.S. Court of Appeal: Evidence from Sexual Harassment Law

Mon, 15 Nov 2010 00:00:00 +0000

This paper investigates indirect influences of gender diversification on the U.S. Court of Appeals, focusing upon whether and how women influence policy through pathways other than their individual votes. We analyze workplace sexual harassment cases spanning 1977 to 2006. Building upon recent work showing that women influence the votes of male colleagues when serving with them on three-judge panels, we probe the mechanism driving this pattern, and we find that deliberative processes rather than bargaining dynamics explain gender panel effects. We also find that the extent of doctrine which women have participated in crafting is positively associated with subsequent decisions for the plaintiff, and that the proportion of women on the full circuit, which exercises a monitoring role over individual panels, is associated with panel decisions for the plaintiff. We thus add to work showing that the influence of women on the U.S. Court of Appeals extends well beyond their individual...

Antitrust in two-sided markets: Is competition always desirable?

Mon, 25 Oct 2010 00:00:00 +0000

The main objective of antitrust interventions is to assure competition in markets to benefit consumers. This paper challenges this common approach by examining the case of a satellite broadcasting network with monopoly power. First, satellite TV is identified as a two-sided market. It is then analyzed in the framework of the canonical model for two-sided markets developed by Rochet & Tirole (2004). The main finding is that the satellite network maximizes his profits by choosing a price formation which maximizes the overall welfare of all market participants. Even if the satellite network uses his monopoly power to introduce a fee to receive satellite TV, it would do so only until the semi-elasticity of the amount of consumers in regard to the per-interaction-price equals the one of the TV stations – exactly the point where welfare is maximized. It is therefore concluded that antitrust cases have to take a more in-depth look at two-sided markets before deciding that competition...

In Search of Copyright’s Lost Ark: Interpreting the Right to Distribute in the Internet Age

Tue, 12 Oct 2010 00:00:00 +0000

Prior to the emergence of peer-to-peer technology, the Copyright Act’s distribution right was largely dormant. Most enforcement actions were premised upon violations of the reproduction right. The relatively few cases invoking the distribution right involved arcane scenarios. During the past several years, direct enforcement of the Copyright Act against file sharers has brought the scope of the distribution right to center stage. Whereas the 1909 Act expressly protected the rights to “publish” and “vend,” the 1976 Act speaks of a right to “distribute.” Interpreting “distribute” narrowly, some courts have held that copyright owners must prove that a sound recording placed in a peer-to-peer share folder was actually downloaded to establish violation of the distribution right. Other courts hold that merely making a sound recording available violates the distribution right. The ramifications for copyright enforcement in the Internet age are substantial. Under the narrow...

Where Do Firms Issue Debt? An Empirical Analysis of Issuer Location and Regulatory Competition in Europe

Wed, 1 Sep 2010 00:00:00 +0000

In this article, we study the choice of issuer location and regulatory competition in the European corporate debt market. We find that, in absolute terms, Germany has by far the highest outflow of debt issues, while the Netherlands, the UK, Luxembourg and Ireland see the most inflows (in that order). We use a panel gravity model to investigate country specific factors attracting foreign subsidiaries as issuer. The data clearly support the prediction that the locational choice is positively influenced by a low withholding tax rate. There is also some evidence that corporate tax rates play a role. We do not find support for creditor protection rules in bankruptcy as a driver of cross-border debt securities issues. Hence, countries who wish to attract issuers are well-advised to reduce their withholding tax rates – creditor rights seem not to matter.

Experimental Evidence of Tax Framing Effects on the Work/Leisure Decision

Wed, 1 Sep 2010 00:00:00 +0000

The choice between a set of alternatives often depends on how those alternatives are described, as well as their actual economic costs and benefits. We report results from an experiment designed to evaluate the impact of different descriptions of the after-tax wage on both (1) subjects’ willingness to perform a work task rather than an alternative leisure option, and (2) the amount of work performed by those subjects selecting the work task. Utilizing an experimental design that facilitates both within and between-subject comparisons, we find that that subjects’ willingness to work varies with the framing of the after-tax wage and that, in particular, subjects are much less willing to work when the returns to work are framed as a low wage plus a bonus than when the returns are described as a high wage minus a tax. Along the intensive margin we find suggestive evidence that subjects stop working just before their wage becomes subject to a significantly higher marginal...

Inducing Corporate Compliance: A Law and Economics Analysis of Corporate Liability Regimes

Mon, 30 Aug 2010 00:00:00 +0000

Inducing Corporate Compliance: A Law and Economics Analysis of Corporate Liability Regimes

Deal Or No Deal? Licensing Negotiations By Standard Development Organizations

Thu, 5 Aug 2010 00:00:00 +0000

Deal Or No Deal? Licensing Negotiations By Standard Development Organizations

Adversarial versus Inquisitorial Testimony

Tue, 3 Aug 2010 00:00:00 +0000

Adversarial versus Inquisitorial Testimony

Insolvency and Biased Standards - The Case for Proportional Liability

Tue, 3 Aug 2010 00:00:00 +0000

We analyze liability rules in a setting where injurers are potentially insolvent and where negligence standards may deviate from the socially optimal level. We show that proportional liability, which sets the measure of damages equal to the harm multiplied by the probability that it was caused by an injurer’s negligence, is preferable to other existing negligence-based rules. Moreover, proportional liability outperforms strict liability if the standard of due care is not set too low. Our analysis also suggests that courts should rely on statistical evidence and bar individualized causal claims that link the harm suffered by a plaintiff to the actions of the defendant. Finally, we provide a result which might be useful to regulators when calculating minimum capital requirements or minimum mandatory insurance for different industries.

An Empirical Analysis of Cost Recovery in Superfund Cases

Tue, 13 Jul 2010 00:00:00 +0000

Economic theory developed in the prior literature indicates that under the joint and several liability imposed by the federal Superfund statute, the government should recover more of its costs of cleaning up contaminated sites than it would under non-joint liability, and the amount recovered should increase with the number of defendants and with the independence among defendants in trial outcomes. We test these predictions empirically using data on outcomes in federal Superfund cases. Theory also suggests that this increase in the amount recovered may discourage the sale and redevelopment of potentially contaminated sites (or “brownfields”). We find this increase to be substantial, which suggests that this implicit tax on sales may be an important deterrent for parties contemplating brownfields redevelopment.

PROGRAMAS DE DESCONTOS NO BRASIL: NECESSIDADE DE DIRETRIZES PARA A PROMOÇÃO DA CONCORRÊNCIA

Fri, 9 Jul 2010 00:00:00 +0000

PROGRAMAS DE DESCONTOS NO BRASIL: NECESSIDADE DE DIRETRIZES PARA A PROMOÇÃO DA CONCORRÊNCIA

A DIVERGÊNCIA TRANSATLÂNTICA NO PENSAMENTO JURÍDICO: O DIREITO E ECONOMIA NORTE-AMERICANO VS. O DOUTRINALISMO ALEMÃO

Thu, 27 May 2010 00:00:00 +0000

A DIVERGÊNCIA TRANSATLÂNTICA NO PENSAMENTO JURÍDICO: O DIREITO E ECONOMIA NORTE-AMERICANO VS. O DOUTRINALISMO ALEMÃO

DISTRIBUCIÓN DE COSTOS EN EL ARBITRAJE: EL MODELO PORCENTUAL

Thu, 27 May 2010 00:00:00 +0000

DISTRIBUCIÓN DE COSTOS EN EL ARBITRAJE: EL MODELO PORCENTUAL

Volokh y Ribstein, conspiradores: Blogs y Law and Economics

Thu, 27 May 2010 00:00:00 +0000

Volokh y Ribstein, conspiradores: Blogs y Law and Economics

¿En qué momento se jodió el Sur? Crecimiento económico, derechos de propiedad y regulación del crédito en las colonias británicas y españolas en América