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Law and Economics

Selected Works

2012

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Articles 1 - 30 of 202

Full-Text Articles in Law

El Pacto Comisorio De La Ley De Garantias Mobiliarias Vs. El Pacto Marciano Del Real Decreto 5-2005, John Pineda Galarza, José Jareño Torrente Dec 2012

El Pacto Comisorio De La Ley De Garantias Mobiliarias Vs. El Pacto Marciano Del Real Decreto 5-2005, John Pineda Galarza, José Jareño Torrente

John Pineda Galarza

El pacto comisorio se encuentra prohibido en España, no obstante se promulgó el Real Decreto 5/005, el cual recoge al pacto marciano como una excepción a la prohibición del pacto comisorio. En ese contexto, se hizo un análisis económico comparativo sobre la aceptación del pacto comisorio en el sistema peruano y en su modalidad marciana española.


Gaming The System: Bio-Economics, Game Theory, & Fisheries Management, Richard A. Grisel Dec 2012

Gaming The System: Bio-Economics, Game Theory, & Fisheries Management, Richard A. Grisel

Richard A Grisel

This paper argues that game theory provides powerful, effective new tools to analyze externalities that occur in the context of strategic, multi-party, interactive decision-making. I will attempt to treat this as a non-technical paper and avoid the complex mathematics better left to economists and mathematicians. Instead, a more achievable goal is to illustrate how high-seas open-access fishing is virtually identical to a game situation, treat the fundamentals of game theory, and demonstrate that game theoretic analyses are well-suited and fruitful for designing effective policy responses to fisheries management, particularly with respect to the straddling stocks problem. Indeed, one seminal fisheries …


Pacto Por México, Alejandro Faya Rodriguez Dec 2012

Pacto Por México, Alejandro Faya Rodriguez

Alejandro Faya Rodriguez

No abstract provided.


Panelist, Apocalypse Now Or Much Ado About Nothing? An Election Post-Mortem On The Effects Of Citizens United, Kent Greenfield Dec 2012

Panelist, Apocalypse Now Or Much Ado About Nothing? An Election Post-Mortem On The Effects Of Citizens United, Kent Greenfield

Kent Greenfield

No abstract provided.


¿Qué Es Transparencia?, Rafael Ramírez Villaescusa Dec 2012

¿Qué Es Transparencia?, Rafael Ramírez Villaescusa

Rafael Ramírez Villaescusa

El reciente proceso de consolidación democrática experimentado por México en la última década ha estado acompañado de una serie de políticas públicas encaminadas a fortalecer la participación ciudadana dentro de la toma de decisiones, así como la rendición de cuentas gubernamental. Una de esas acciones consistió en la promulgación, durante el sexenio del Presidente Fox, de la Ley Federal de Transparencia y Acceso a la Información Pública Gubernamental. Lo anterior, además, se inscribió en el contexto de un movimiento global a favor del derecho a saber, impulsado por diversas organizaciones internacionales. Parece ser que la transparencia llegó para quedarse, lo …


On The Interpretability Of Law: Lessons From The Decoding Of National Constitutions, Tom Ginsburg, James Melton, Zachary Elkins, Kalev Leetaru Dec 2012

On The Interpretability Of Law: Lessons From The Decoding Of National Constitutions, Tom Ginsburg, James Melton, Zachary Elkins, Kalev Leetaru

Tom Ginsburg

An implicit element of many theories of constitutional enforcement is the degree to which those subject to constitutional law can agree on what its provisions mean (call this constitutional interpretability). Unfortunately, there is little evidence on baseline levels of constitutional interpretability or the variance therein. This article seeks to fill this gap in the literature, by assessing the effect of contextual, textual and interpreter characteristics on the interpretability of constitutional documents. Constitutions are found to vary in their degree of interpretability. Surprisingly, however, the most important determinants of variance are not contextual (for example, era, language or culture), but textual. …


Enfoques Teóricos De Las Reglas Por Defecto En El Derecho De Contratos: Complementariedades, Coincidencias Y Contradicciones, Daniel Monroy Dec 2012

Enfoques Teóricos De Las Reglas Por Defecto En El Derecho De Contratos: Complementariedades, Coincidencias Y Contradicciones, Daniel Monroy

Daniel A Monroy C

El artículo muestra una lectura crítica en lo que respecta a la noción, las funciones y el diseño de las reglas por defecto en el derecho de contratos a partir de tres enfoques teóricos a saber: la perspectiva jurídica tradicional; la visión del Análisis Económico del Derecho (AED) en su versión clásica y; el enfoque del denominado behavioral law and economics (BL&E). El documento destaca con particular atención que en lo correspondiente a la noción y las funciones de las reglas por defecto en el derecho de contratos, existe un alto nivel de coherencia entre la perspectiva jurídica tradicional por …


Habemus Reforma, No Congeladora, Alejandro Faya Rodriguez Nov 2012

Habemus Reforma, No Congeladora, Alejandro Faya Rodriguez

Alejandro Faya Rodriguez

No abstract provided.


Mackinnon On Marx On Marriage And Morals: An Otsogistic Odyssey, Marc Linder Nov 2012

Mackinnon On Marx On Marriage And Morals: An Otsogistic Odyssey, Marc Linder

Marc Linder

No abstract provided.


The Anti-Samuelson. Volume Two. Microeconomics: Basic Problems Of The Capitalist Economy, Marc Linder, Julius Sensat Nov 2012

The Anti-Samuelson. Volume Two. Microeconomics: Basic Problems Of The Capitalist Economy, Marc Linder, Julius Sensat

Marc Linder

No abstract provided.


Opening Coase’S Other Black Box: Why Workers Submit To Vertical Integration Into Firms, Marc Linder, Lawrence Zacharias Nov 2012

Opening Coase’S Other Black Box: Why Workers Submit To Vertical Integration Into Firms, Marc Linder, Lawrence Zacharias

Marc Linder

No abstract provided.


The Anti-Samuelson. Volume One. Macroeconomics: Basic Problems Of The Capitalist Economy, Marc Linder, Julius Sensat Nov 2012

The Anti-Samuelson. Volume One. Macroeconomics: Basic Problems Of The Capitalist Economy, Marc Linder, Julius Sensat

Marc Linder

No abstract provided.


Employees, Not-So-Independent Contractors, And The Case Of Migrant Farmworkers: A Challenge To The ‘Law And Economics’ Agency Doctrine, Marc Linder Nov 2012

Employees, Not-So-Independent Contractors, And The Case Of Migrant Farmworkers: A Challenge To The ‘Law And Economics’ Agency Doctrine, Marc Linder

Marc Linder

No abstract provided.


Der Anti-Samuelson: Kritik Eines Repräsentativen Lehrbuchs Der Bürgerlichen Ökonomie. Band 3 & 4, Marc Linder, Julius Sensat Nov 2012

Der Anti-Samuelson: Kritik Eines Repräsentativen Lehrbuchs Der Bürgerlichen Ökonomie. Band 3 & 4, Marc Linder, Julius Sensat

Marc Linder

No abstract provided.


Der Anti-Samuelson: Kritik Eines Repräsentativen Lehrbuchs Der Bürgerlichen Ökonomie. Band 1 & 2, Marc Linder, Julius Sensat Nov 2012

Der Anti-Samuelson: Kritik Eines Repräsentativen Lehrbuchs Der Bürgerlichen Ökonomie. Band 1 & 2, Marc Linder, Julius Sensat

Marc Linder

No abstract provided.


The Dilemmas Of Laissez-Faire Population Policy In Capitalist Societies: When The Invisible Hand Controls Reproduction, Marc Linder Nov 2012

The Dilemmas Of Laissez-Faire Population Policy In Capitalist Societies: When The Invisible Hand Controls Reproduction, Marc Linder

Marc Linder

No abstract provided.


Toward A Legal Theory Of Finance, Katharina Pistor Nov 2012

Toward A Legal Theory Of Finance, Katharina Pistor

Katharina Pistor

This paper develops the building blocks for a legal theory of finance. LTF holds that financial markets are legally constructed and as such occupy an essentially hybrid place between state and market, public and private. At the same time, financial markets exhibit dynamics that frequently put them in direct tension with commitments enshrined in law or contracts. This is the case especially in times of financial crises when the full enforcement of legal commitments would result in the self-destruction of the financial system. This law-finance paradox tends to be resolved by suspending the full force of law where the survival …


The Resource Curse, Andrew Morriss Oct 2012

The Resource Curse, Andrew Morriss

Andrew P. Morriss

No abstract provided.


¿Obama O Romney?, Alejandro Faya Rodriguez Oct 2012

¿Obama O Romney?, Alejandro Faya Rodriguez

Alejandro Faya Rodriguez

No abstract provided.


Narrowing The Accountability Gap: Toward A New Foreign Investor Accountability Mechanism, David Hunter, Natalie L. Bridgeman Oct 2012

Narrowing The Accountability Gap: Toward A New Foreign Investor Accountability Mechanism, David Hunter, Natalie L. Bridgeman

David B. Hunter

An ever-increasing number of standards, guidelines, principles, norms, and best practices have been adopted to address the environmental and social impacts of multinational enterprises (MNEs). This increase in standards and norms corresponds to a rise in MNE sensitivity to the environmental and social impacts that their activities have on local communities in developing countries. These standards and norms are considered voluntary by definition because they are typically not state-sponsored or the product of public regulation. They fill a normative gap located between the state-centered focus of international law and the often inadequate or unenforced standards of the developing country hosts …


Deciphering Pakistan's Investment Policy: A Review Of Pakistani Bits, Nida Mahmood, Ahmad Ali Ghouri Oct 2012

Deciphering Pakistan's Investment Policy: A Review Of Pakistani Bits, Nida Mahmood, Ahmad Ali Ghouri

Nida Mahmood Ms

This study presents the first ever comprehensive analysis of Pakistani foreign investment treaty regime, which consists of 47 BITs as of 15 June, 2012. This study provides a provision by provision comparison of all 47 Pakistani BITs. The objective is to identify similarities and differences in these BITs, explaining legal implications of their individual provisions and suggesting policy changes for future BITs in the light of existing and emerging state practices. The overall purpose is to identify policy implications of the BITs regime for Pakistan. Looking forward, the study inquires how to enhance foreign investors’ confidence and to promote and …


A Tragédia Do Judiciário: Subinvestimento Em Capital Jurídico E Sobreutilização Do Judiciário, Ivo T. Gico Jr. Oct 2012

A Tragédia Do Judiciário: Subinvestimento Em Capital Jurídico E Sobreutilização Do Judiciário, Ivo T. Gico Jr.

Ivo Teixeira Gico Jr.

Esta tese explora o subinvestimento em capital jurídico como uma explicação para o problema de congestionamento dos tribunais brasileiros. A análise indica que os magistrados brasileiros não possuem incentivos e mecanismos suficientes para investir em capital jurídico e uniformizar regras jurídicas. A insegurança jurídica resultante, combinada com o livre acesso ao serviço publico adjudicatório constitucionalmente garantindo, gera incentivos para a sobreutilização dos tribunais, resultando no problema endêmico de congestionamento, a Tragédia do Judiciário. O congestionamento atrai litigantes que desejam postergar suas obrigações pelo sistema judicial, enquanto litigantes legítimos são excluídos, um problema trágico de seleção adversa.


Attorney-General Of Pakistan - A Brief Overview, Umair Ghori Oct 2012

Attorney-General Of Pakistan - A Brief Overview, Umair Ghori

Umair H. Ghori

The legal system of Pakistan represents a fusion of the Shariah law and common law systems. Traditionally, the Pakistani legal system adapted the pre-1947 colonial law for local use. Amendments to these colonial laws, in particular inspired by the Islamic traditions, have been interspersed in intervals. As a result, the Pakistan legal system retains fundamental common law doctrines (such as binding precedent and delegated legislation) while gradually integrating laws of Islamic origin within the existing common law framework. However, Pakistan's legal system is far from being a complete mirror of the English legal system. One such major distinction is that …


Reforma Laboral Y Sus Efectos, Alejandro Faya Rodriguez Oct 2012

Reforma Laboral Y Sus Efectos, Alejandro Faya Rodriguez

Alejandro Faya Rodriguez

No abstract provided.


La Experiencia Chilena Disuadiendo Ilícitos Corporativos, Diego G. Pardow Oct 2012

La Experiencia Chilena Disuadiendo Ilícitos Corporativos, Diego G. Pardow

Diego G. Pardow

This paper analyzes the investigations on potential misconducts conducted by the Chilean public enforcer (Superintendencia de Valores y Seguros, “SVS”) between 1990 and 2012. The evidence reveals two groups of problems: on the one hand, the SVS has leaved a substantial region of the market unmonitored; on the other hand, the level of specific deterrence is generally low and relies greatly on indirect mechanisms of punishment. Such results suggest that future reforms should facili- tate private enforcement on both the extensive and the intensive margin. Whereas improving the performance of the SVS on the extensive margin should mitigate its monitoring …


Green Jobs, Andrew Morriss Sep 2012

Green Jobs, Andrew Morriss

Andrew P. Morriss

No abstract provided.


Green Jobs: Trick Or Treat?, Andrew Morriss Sep 2012

Green Jobs: Trick Or Treat?, Andrew Morriss

Andrew P. Morriss

No abstract provided.


El Fallo ' Teijeiro O Teigeiro, Luis M. V. Cervecería Y Maltería Quilmes S.A.I.C.A.' Y G. Requisitos De Aplicación Del Instituto De Los Daños Punitivos. Breve Análisis De La Evolución Pretoriana, Leonardo A. Urruti Sep 2012

El Fallo ' Teijeiro O Teigeiro, Luis M. V. Cervecería Y Maltería Quilmes S.A.I.C.A.' Y G. Requisitos De Aplicación Del Instituto De Los Daños Punitivos. Breve Análisis De La Evolución Pretoriana, Leonardo A. Urruti

Leonardo Abel Urruti

Con fecha del 17 de abril del 2012 la Cámara 3ª de Apelaciones en lo Civil y Comercial de Córdoba dictó sentencia en los autos caratulados “Teijeiro o Teigeiro, Luis M. v. Cervecería y Maltería Quilmes S.A.I.C.A. y G.” , mediante la cual revocó el pronunciamiento que, en la instancia anterior, había dispuesto la condena de la empresa demandada en concepto de multa civil por la suma de dos millones de pesos ($2.000.000), en aplicación del instituto normado por el art. 52 bis de la Ley de Defensa del Consumidor. En el presente trabajo se buscará analizar la relevancia del …


El Incumplimiento Eficiente: ¿Es Justo Y Necesario?, Renzo E. Saavedra Velazco Sep 2012

El Incumplimiento Eficiente: ¿Es Justo Y Necesario?, Renzo E. Saavedra Velazco

Renzo E. Saavedra Velazco

Se compartió la mesa con el profesor Rubén Mendez, en la presentación se debatió acerca de cómo los presupuestos básicos del incumplimiento eficiente no pueden presentarse en la realidad. En síntesis, se conversó sobre los obstáculos jurídicos y económicos que enfrenta esta figura del AED.


El Homo Economicus Y La Libertad De Contratación, Renzo E. Saavedra Velazco Sep 2012

El Homo Economicus Y La Libertad De Contratación, Renzo E. Saavedra Velazco

Renzo E. Saavedra Velazco

Se compartió la mesa con el profesor Juan José Martínez, en la presentación se debatió acerco del rol que cumple el presupuesto de racionalidad en el modelo standard del análisis económico del Derecho y las acotaciones del Behavioral Law and Economics.