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Legal Consciousness And Contractual Obligations., Kojo Yelpaala
Legal Consciousness And Contractual Obligations., Kojo Yelpaala
Kojo Yelpaala
Legal Consciousness and Contractual Obligations Kojo Yelpaala Professor Law Pacific/McGeorge School of Law ABSTRACT The Article on “Legal Consciousness and Contractual Obligations” will explore and offer an explanation of the origins of the moral foundations for contractual obligations beyond conventional analysis. Building on themes and threads across many disciplines and theories, it seeks to identify and locate certain unities and common elements that explain human consciousness in exchange relations across cultures. It does so by excavating the roots, tracking the evolution, and anatomizing the dynamics of the master narrative of the "contract" - the oath, the promise, the agreement, the …
To Make Or To Buy: In-House Lawyering And Value Creation, Steven L. Schwarcz
To Make Or To Buy: In-House Lawyering And Value Creation, Steven L. Schwarcz
Steven L Schwarcz
In recent years, companies have been shifting much of their transactional legal work from outside law firms to in-house lawyers, and some large companies now staff transactions almost exclusively in-house. Although this transformation redefines the very nature of the business lawyer, scholars have largely ignored it. This article seeks to remedy that omission, using empirical evidence as well as economic theory to help explain why in-house lawyers are taking over, and whether they are likely to continue to take over, these functions and roles of outside lawyers. The findings are surprising, suggesting that in-house lawyers may now be performing as …
Toward An Agenda For Behavioral Public Finance, Edward J. Mccaffery, Joel Slemrod
Toward An Agenda For Behavioral Public Finance, Edward J. Mccaffery, Joel Slemrod
Edward J McCaffery
This essay is about the intersection -- or possible intersection -- between the fields of behavioral economics and public finance, which we call behavioral public finance.
Masking Redistribution (Or Its Absence), Jonathan Baron, Edward J. Mccaffery
Masking Redistribution (Or Its Absence), Jonathan Baron, Edward J. Mccaffery
Edward J McCaffery
Research has shown that people vary widely in their support or opposition to progressive taxation. We argue here that the perception of progressiveness itself is affected by the nature of the tax system and by the way it is framed, or presented. Experiments conducted over the World-Wide Web and using within-subject design demonstrate that subjects suffer from a range of heuristics and biases in understanding and supporting progressive or redistributive taxation. After reviewing some prior results, we report three new studies. Two of them indicate that people do not sufficiently appreciate the reduction of progressiveness that results from the use …
Aei-Brookings Joint Center Working Paper, Vernon L. Smith, William J. Baumol, Robert E. Litan, Martin E. Cave, Peter Cramton, Robert W. Hahn, Thomas W. Hazlett, Paul L. Joskow, Alfred E. Kahn, John W. Mayo, Patrick A. Messerlin, Bruce M. Owen, Robert S. Pindyck, Scott Wallsten, Leonard Waverman, Lawrence J. White, Scott Savage
Aei-Brookings Joint Center Working Paper, Vernon L. Smith, William J. Baumol, Robert E. Litan, Martin E. Cave, Peter Cramton, Robert W. Hahn, Thomas W. Hazlett, Paul L. Joskow, Alfred E. Kahn, John W. Mayo, Patrick A. Messerlin, Bruce M. Owen, Robert S. Pindyck, Scott Wallsten, Leonard Waverman, Lawrence J. White, Scott Savage
Vernon L. Smith
Network neutrality is a policy proposal that would regulate how network providers manage and price the use of their networks. Congress has introduced several bills on network neutrality. Proposed legislation generally would mandate that Internet service providers exercise no control over the content that flows over their lines and would bar providers from charging more for preferentially faster access to the Internet. These proposals must be considered carefully in light of the underlying economics. Our basic concern is that most proposals aimed at implementing net neutrality are likely to do more harm than good.
La Economía Navarra: Productividad Y Competitividad Del Sector Exterior, Javier Agudo
La Economía Navarra: Productividad Y Competitividad Del Sector Exterior, Javier Agudo
Javier Agudo
La economía Navarra es una economía fundamentalmente industrial. Debido a esta característica, Navarra podría sufrir de una manera muy dura los efectos de una deslocalización industrial, más por ejemplo que una región cuya principal fuente de ingresos sea el turismo. Por estas razones, Navarra debe estar especialmente preocupada por la pérdida de productividad de la economía española y, sobre todo, debe plantearse muy seriamente qué medidas tomar para solucionarlo.