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Articles 1 - 19 of 19
Full-Text Articles in Law
The Function Of The Supreme People’S Court Of Regulating Economy——Re-Evaluation Of The Zhongfu Industry Guarantee Case(最高法院规制经济的功能──再评“中福实业公司担保案”), Meng Hou
Hou Meng
No abstract provided.
How The Supreme Court Regulates Economy: Review On Exterior Coordination Cost（最高人民法院如何规制经济──外部协调成本的考察）, Meng Hou
Hou Meng
No abstract provided.
Exclusion Or Efficient Pricing: The "Big Deal" Bundling Of Academic Journals, Aaron S. Edlin, Daniel L. Rubinfeld
Exclusion Or Efficient Pricing: The "Big Deal" Bundling Of Academic Journals, Aaron S. Edlin, Daniel L. Rubinfeld
Daniel L. Rubinfeld
Prices of academic journals have climbed enormously in the past two decades. This article explains the substantial barriers to entry that established journals enjoy. It points out that the Big Deal bundling that the large commercial publishers have adopted in the past few years creates a substantial additional strategic barrier to entry. We consider whether these bundling offers violate the antitrust laws and conclude that they may.
The Hidden Costs Of Private Benefits Of Control: Value Shift And Efficiency, Hyun-Chul Lee
The Hidden Costs Of Private Benefits Of Control: Value Shift And Efficiency, Hyun-Chul Lee
Hyun-Chul Lee
This paper relates the two regimes governing control transfer to the adverse impacts that private benefits of control have on IPOs. Merely the value-transfer nature of private benefits alone may stymie efficient IPOs because of the wedge between the discount for private benefits in pricing and what the initial owner will eventually capture. Irrelevance of the value-shift nature to the initial owner’s payoffs serves efficient IPOs. This paper shows separate mechanisms by which the two rules generate such wedge. The Market Rule allows increase in private benefits via control transfer, causing discount with maximum ceiling of private benefits. To offset …
Contributions Legal Scholars Can Make To Development Economics: Examples From China, Joyce Palomar
Contributions Legal Scholars Can Make To Development Economics: Examples From China, Joyce Palomar
Joyce Palomar
No abstract provided.
Government And The Economy, 1688 - 1850, Ron Harris
On The Effectiveness Of The Restrictions Governing Life In A Common Interest Community: A Comparative Study Between American And Japanese Law (Japanese Version), Wei Zhang
Wei Zhang
No abstract provided.
On The Effectiveness Of The Restrictions Governing Life In A Common Interest Community: A Comparative Study Between American And Japanese Law (Chinese Version), Wei Zhang
Wei Zhang
In this article, I made a comparative study on the laws regulating the restrictions established by developers or among property owners in common interest communities in the U.S. and Japan, as well as the cultural and social backgrounds against which they are created. It appears that similar rules exist in both countries to combat excessive restrictions on life in common interest communities, although the American law treats the ex ante restrictions somewhat differently from the ex post ones. Using a law and economics perspective, I argue that such disparate treatments make good sense given the feasibility of internalizing the effects …
Fairness Versus Efficiency In Environmental Law, Shi-Ling Hsu
Fairness Versus Efficiency In Environmental Law, Shi-Ling Hsu
Shi-Ling Hsu
Like many other areas of law, the development of environmental law has been strongly influenced by notions of fairness. This should not be surprising, since environmental law has been developed by lawyers, who are self-selected to be fairness-oriented and trained to think in terms of fairness. While large environmental gains have been achieved in the thirty-year history of environmental law, progress seems to have reached a plateau. Partisanship has poisoned the debate on how best to proceed in making further environmental progress. I attribute the failings and the current stalemate in environmental law to our obsession with fairness. Fairness-thinking has …
Small Liberal Arts Colleges, Fraternities, And Antitrust: Rethinking Hamilton College, Mark D. Bauer
Small Liberal Arts Colleges, Fraternities, And Antitrust: Rethinking Hamilton College, Mark D. Bauer
Mark D Bauer
Many colleges have abolished men's and women's fraternities, and many more plan to do so. Regardless of one's personal feelings towards fraternities, demands to shut down housing and cease dining operations raise important antitrust concerns. Because the fraternities offer competitive housing and food services, colleges are using their market power to eliminate business rivals.
Un Análisis Económico De La Reforma Concursal Española, Francisco Cabrillo Rodríguez, Rocío Albert
Un Análisis Económico De La Reforma Concursal Española, Francisco Cabrillo Rodríguez, Rocío Albert
Francisco Cabrillo Rodríguez
No abstract provided.
Una VisióN CríTica De La Propiedad Intelectual: Por Qué Eliminar Las Patentes, Los Derechos De Autor Y El Subsidio Estatal A La Producción De Información, Enrique Pasquel
Enrique Pasquel
Este trabajo discute la idea de que el mercado no pueda crear bienes públicos, especialmente información. Por ello, sostiene que las patentes, los derechos de autor y el subsidio estatal a la producción de información pueden no ser necesarios, además suponen costos altísimos para la sociedad.
Stare Decisis, Intercambios Comerciales Y Predictibilidad. Una Propuesta Para Enfrentar La Reforma Del Poder Judicial Y Promover Las Inversiones, Enrique Pasquel
Stare Decisis, Intercambios Comerciales Y Predictibilidad. Una Propuesta Para Enfrentar La Reforma Del Poder Judicial Y Promover Las Inversiones, Enrique Pasquel
Enrique Pasquel
La predictibilidad del poder judicial tiene un impacto importante en el crecimiento económico y en el nivel de inversiones de un país. Una forma de volverlo más predecible la implementación de un sistema de precedentes de observancia obligatoria.
Expropiación: Una Visión Económica Alternativa, Enrique Pasquel
Expropiación: Una Visión Económica Alternativa, Enrique Pasquel
Enrique Pasquel
En este artículo se discute la justificación económica tradicional de la expropiación y se explican las limitaciones que debe tener el poder expropiatorio del Estado.
Introducción A La Relación Entre El Derecho Y La Economía, Carlos Pablo Márquez
Introducción A La Relación Entre El Derecho Y La Economía, Carlos Pablo Márquez
Carlos Pablo Márquez
No abstract provided.
Notas Sobre Análisis Económico Del Derecho: Una Mirada Desde América Latina, Rafael Mery Nieto
Notas Sobre Análisis Económico Del Derecho: Una Mirada Desde América Latina, Rafael Mery Nieto
Rafael Mery Nieto
No abstract provided.
The Expulsion Of The Jews From France In 1306: A Modern Fiscal Analysis, Stéphane Mechoulan
The Expulsion Of The Jews From France In 1306: A Modern Fiscal Analysis, Stéphane Mechoulan
Stéphane Mechoulan
In 1306, at the peak of a severe financial and monetary crisis, Philippe the Fair expelled the Jews from his kingdom, declared himself creditor of their debts, seized their property and auctioned it off. Was this a clever move, financially speaking? Did Philippe gain more, by killing the goose that laid the golden egg, than by securing a steady flow of taxes? Taking discounting into account, conservative bounds on the sum collected through the seizures over the years that followed the expulsion challenge the traditional view that it was a bad deal. Still, the windfall brought by the relative success …
Auctioning For Loyalty: Selection And Monitoring Of Class Counsel, Alex Stein, Alon Harel
Auctioning For Loyalty: Selection And Monitoring Of Class Counsel, Alex Stein, Alon Harel
Alex Stein
This Article takes a fresh look at the misalignment of interests between class attorneys and their clients. Specifically, it examines the class attorneys' opportunity for shirking and for striking collusive settlements with corporate defendants. Both case law and scholarly writings offer numerous solutions to this misalignment of interests; yet, those solutions suffer from serious flaws. Professors Harel and Stein examine the reasons for that failure and propose a new solution that overcomes the class action agency problem. They argue that the law should resolve this problem by choosing between two basic paradigms of class action lawyering: Attorney-as-Owner and Attorney-as-Servant (Ownership …
The American Airlines Case: A Chance To Clarify Predation Policy, Aaron S. Edlin, Joseph Farrell
The American Airlines Case: A Chance To Clarify Predation Policy, Aaron S. Edlin, Joseph Farrell
Aaron Edlin
No abstract provided.