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Articles 1 - 30 of 44
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Trends. Bailing Out Of A Bailout: The Case Of Brazil, Ibpp Editor
Trends. Bailing Out Of A Bailout: The Case Of Brazil, Ibpp Editor
International Bulletin of Political Psychology
The author discusses international bailouts that are dependent on behavioral promises.
The Growing Pains Of Behavioral Law And Economics, Thomas S. Ulen
The Growing Pains Of Behavioral Law And Economics, Thomas S. Ulen
Vanderbilt Law Review
We are at the beginning of behavioral law and economics. We now see only dimly the outlines of the elaborate theory of decision making that is to come. We are like the independent scholars who examined the various parts of a very large animal and then tried to put together their reports to describe that animal; we each have bits and pieces of the elephant but no clear image of the entire beast. But we should not despair. We must remember that this behavioralist discipline is, as scholarly developments go, young. Indeed, the conventional law and economics model, to which …
Can There Be A Behavioral Law And Economics?, Samuel Issacharoff
Can There Be A Behavioral Law And Economics?, Samuel Issacharoff
Vanderbilt Law Review
The emergence of the modern law and economics analysis generally is dated to the early 1960s with the publication of seminal work by Ronald Coase' and subsequently by Guido Calabresi and Douglas Melamed. These articles laid the foundation for the relation between legal rules, wealth maximization, and transaction costs, which provided the pivotal application of economic analysis to legal problems. However, the current sweep of law and economics would have been inconceivable without Gary Becker's insight into the application of neoclassical comparisons of marginal utility to the stuff of everyday life. Becker's analysis of routine decision making in terms of …
Remedies And The Psychology Of Ownership, Jeffrey J. Rachlinski, Forest Jourden
Remedies And The Psychology Of Ownership, Jeffrey J. Rachlinski, Forest Jourden
Vanderbilt Law Review
It is surprising that there are cases like Boomer v. Atlantic Cement Co.I The plaintiffs in Boomer were eight homeowners seeking injunctive relief against the dust and noise produced by a neighboring cement plant, the Atlantic Cement Company. The trial court declared Atlantic Cement a nuisance, but refused to enjoin the plant's operations. Instead, the court awarded monetary damages to the plaintiffs for the loss in value to their property attributable to the defendant's activities. The dissatisfied plaintiffs appealed, but ultimately New York's highest court declared that they were not entitled to injunctive relief. That the plaintiffs sued the plant …
Behavioral Economics, The Economic Analysis Of Bankruptcy Law And The Pricing Of Credit, Robert K. Rasmussen
Behavioral Economics, The Economic Analysis Of Bankruptcy Law And The Pricing Of Credit, Robert K. Rasmussen
Vanderbilt Law Review
Bankruptcy has been a fertile ground for the economic analysis of law. A significant portion of bankruptcy scholarship during the past fifteen years applies the basic assumptions of standard economic theory to the problems caused by financial distress. This scholarship begins with the premise that people make choices in a rational manner in order to maximize their individual utility. It applies this axiom to questions ranging from when do individuals file for bankruptcy to how bankruptcy laws affect firms' investment decisions. As it has in most other areas of law (especially private law), law and economics has both reshaped our …
Putting Rational Actors In Their Place: Economics And Phenomenology, Edward L. Rubin
Putting Rational Actors In Their Place: Economics And Phenomenology, Edward L. Rubin
Vanderbilt Law Review
The model of human behavior that is used in microeconomics is both normative and descriptive. As a normative model, it is an historical successor to the medieval concept of grace and the Renaissance concept of virtue. As a descriptive model, it is a theory of human psychology. Economists tend to deemphasize this point be- cause psychology is a notoriously "soft" science, and economists aspire to the "hard" sciences' precision. Nonetheless, any model that states the way human beings behave under specified circumstances is necessarily a theory of the way the human mind functions, and thus be- longs in the category …
Trends. The Global Threat Of Fundamentalism, Ibpp Editor
Trends. The Global Threat Of Fundamentalism, Ibpp Editor
International Bulletin of Political Psychology
The author discusses the movement of neoclassical economics adhered to by leaders of the International Monetary Fund, many Western central bankers, ministers of finance, and global investors.
Trends. The Proliferation Of Nuclear Weapons And Economic Recession: Global Crises That Turn Right Thinking On Its Head, Ibpp Editor
International Bulletin of Political Psychology
The author discusses the impact of the end of the cold war on the rest of the world.
Albrecht Rule After Khan: Death Becomes Her, Roger D. Blair, John E. Lopatka
Albrecht Rule After Khan: Death Becomes Her, Roger D. Blair, John E. Lopatka
Notre Dame Law Review
No abstract provided.
Strengthening Humanitarian Demining And Related Activities Through The Emphasis On Comparative Advantages, Joe Lokey
The Journal of Conventional Weapons Destruction
One of the foundations of contemporary economic systems is that expertise can create value. Based on this notion, it follows that economic efficiency results if every person does what he or she does best. Preferences, competencies, and resource capacity in the world of economics and trade drive these choices. In humanitarian pursuits, the trade aspects are less clear, and the financial aspects are less relevant, but the efficiencies gained from applying limited resources to a global crisis are still clear and relevant.
The United States House Of Representatives And The International Monetary Fund: Cognitions And Miscognitions, Ibpp Editor
The United States House Of Representatives And The International Monetary Fund: Cognitions And Miscognitions, Ibpp Editor
International Bulletin of Political Psychology
This article provides a brief cognitive analysis of rationales for not supporting the allocation of $18 billion to the International Monetary Fund (IMF).
Trends. The Economic Psychology Of Conflict: A Japanese "Secret" Approach, Ibpp Editor
Trends. The Economic Psychology Of Conflict: A Japanese "Secret" Approach, Ibpp Editor
International Bulletin of Political Psychology
The author discusses the potential "confusion" in the currency markets, in all the Asian markets.
Trends. The Proliferation Of Weapons Of Mass Destruction: Fungibility Of Money And Motivations, Ibpp Editor
Trends. The Proliferation Of Weapons Of Mass Destruction: Fungibility Of Money And Motivations, Ibpp Editor
International Bulletin of Political Psychology
The author discusses the funding for weapons of mas destruction (WMD).
Cognitive Complexity And The International Monetary Fund: An $18 Billion Question, Ibpp Editor
Cognitive Complexity And The International Monetary Fund: An $18 Billion Question, Ibpp Editor
International Bulletin of Political Psychology
This article describes two common political positions on the Clinton Administration's proposal to allocate an additional $18 billion to the International Monetary Fund (IMF) and then offers a less common position. The three positions may be differentiated by the psychological construct of cognitive complexity.
Public Choice Revisited, Daniel A. Farber, Philip P. Frickey
Public Choice Revisited, Daniel A. Farber, Philip P. Frickey
Michigan Law Review
Although not the first book on public choice_ for a legal audience, Max Stearns's Public Choice and Public Law is the first full-scale textbook for law school use. An ambitious undertaking by a rising young scholar, the book provides law students with a comprehensive introduction to public choice. Public choice - essentially, the application of economic reasoning to political institutions - has become a significant aspect of public law scholarship. Indeed, in his Foreword, Saul Levmore hails public choice as "[t]he most exciting intellectual development in law schools in the last decade" (p. xi). Be that as it may, the …
Public Choice Theory And The Fragmented Web Of The Contemporary Administrative State, Jim Rossi
Public Choice Theory And The Fragmented Web Of The Contemporary Administrative State, Jim Rossi
Michigan Law Review
Since World War II, public choice theory - defined broadly as the application of the assumptions and methodology of microeconomics to describe or predict the way public officials exercise power - has grown from a fledgling movement, gaining mainstream acceptance and respect for its insights into voting behavior, judicial decisionmaking, and other public actions. Although a theory first explored by economists and political scientists, public choice's normative insights have earned credibility in recent years in academic legal literature. Public choice's acceptance in the law school curriculum is demonstrated by the recent publication of course material on the topic. However, despite …
The Flawed Economics Of The Dormant Commerce Clause, Paul E. Mcgreal
The Flawed Economics Of The Dormant Commerce Clause, Paul E. Mcgreal
William & Mary Law Review
No abstract provided.
Familial Influences And Higher Education, Anjali Shaw
Familial Influences And Higher Education, Anjali Shaw
The Park Place Economist
College is a place of many things: a place to learn, a place to make new friendships, a place to discover what interests you, and so much more. Some have always dreamed of attending a college or university, while for others, higher learning is not their desired goal. What distinguishes these two types of people from each other is influenced by many factors. Some of these include place of residence, family income, family structure, education level of the parents, race, and gender. It is not incorrect to say that the family is one of the greatest influences on a child’s …
The Oxford Experience: A Tutorial Versus A Modular System, Jaynanne Calaway '99
The Oxford Experience: A Tutorial Versus A Modular System, Jaynanne Calaway '99
The Park Place Economist
No abstract provided.
Stumph To Bring Great Ideas To Department, Nathan Taulbee '00
Stumph To Bring Great Ideas To Department, Nathan Taulbee '00
The Park Place Economist
No abstract provided.
The Cla Economist?, Jackie Hood '99
Reflections On The Economics Department, Margaret Chapman
Reflections On The Economics Department, Margaret Chapman
The Park Place Economist
No abstract provided.
The European Union Monetary Integration, Tom Purl '99
The European Union Monetary Integration, Tom Purl '99
The Park Place Economist
The date is 1 January 1999, and for the first time in history the nations of Europe will combine their economic might to form a monetary union of unparalleled size, diversity, and power. Starting in 1952 with the European Coal and Steel Community (ECSC) and then progressing towards the recently signed Treaty of Amsterdam, the process of European economic unity has produced two stunning results: constant economic growth and lasting European peace. With the introduction of the euro as legal tender in 2002, the final piece of the EU puzzle is in place. The new era of the EU is …
The Graduating Class, Steve Krull '98
The Eu 6 Or The Eu 15+?, Sean Hantak '98
The Eu 6 Or The Eu 15+?, Sean Hantak '98
The Park Place Economist
The countdown to form a “united Europe” continues. The first phase of the Economic and Monetary Union will form in early 1998. At this time, the European Council will name those countries that are eligible to form an EMU (due to their compliance with the five economic criteria). This decision of allowing the “in” countries to proceed in an EMU will affect the future decisions of the EMU. Three conditions are crucial to insure the existence of an Economic and Monetary Union in Europe: a single currency, the euro; a single exchange rate; and central bank authority. Several benefits and …
Alumni Notes, Tom Purl '99
Where Do We Go From Here? Advice From A Graduate, Julie Waryjas '00
Where Do We Go From Here? Advice From A Graduate, Julie Waryjas '00
The Park Place Economist
No abstract provided.
Letter From The Editor, Jennifer Van Dyke '99
Letter From The Editor, Jennifer Van Dyke '99
The Park Place Economist
No abstract provided.
Ethnic Specialization Of Travel Agencies, Alexander Kons '00
Ethnic Specialization Of Travel Agencies, Alexander Kons '00
The Park Place Economist
As U.S. airlines have continued to cut commissions, many travel agencies have been forced to leave the market due to excessive costs. However just as some travel agencies have closed, there has been a steady growth of new, specialized travel agencies within the ethnic neighborhoods of America, who have enjoyed great success and profits. Many of the travel agents that were forced out of the domestic travel agency business by U.S. airlines have found that there are profits to be made by specializing in serving the travel needs of ethnic groups.