Law Commons^™

Justice And Fairness In The Dictator Game, Bart Wilson, Karl Schurter

Bart J Wilson

No abstract provided.

Exchange And Specialisation As A Discovery Process, Bart Wilson, Sean Crockett, Vernon Smith

Bart J Wilson

No abstract provided.

Justice And Fairness In The Dictator Game, Bart Wilson, Karl Schurter

Bart J. Wilson

No abstract provided.

Why Not Tell The Truth?: Deceptive Practices And The Economic Meltdown, Charles W. Murdock

Charles W. Murdock

Today we are witnessing a crisis caused by economic formulae developed without a responsible exercise of judgment and, in many instances, with a shocking disregard for the truth. The virtue of truthfulness is not just some abstract moral principle. Rather, it is a critical component of a well functioning society. As the current situation demonstrates, the lack of regard for truthfulness can have disastrous consequences, not just for our own country, but around the world.

This article will first examine how broadly truth is devalued throughout our society. Second, it will focus on the lack of truthfulness in politics and …

The Single Consituency Argument In The Economic Analysis Of Business Law, David Millon

David K. Millon

No abstract provided.

Money Under The Bridge: The Worker Misclassification Problem, Jason Goldstein

Jason M. Goldstein

Briefly, the article analyzes the current framework of employment classification in the United States; identifies substantial problems in classification practice, data collection, and the resulting effects on the tax gap; and critiques current state and federal measures and legislative action to address the issue.

I begin by examining the legal consequences of employment classification, as employees or independent contractors, to workers and employers. I then analyze the most current data regarding the effects of employment misclassification on the tax gap, and highlight the failure of governing agencies to efficiently monitor these lost funds. Finally, I report the various legislation enacted …

Invisible Ink In The Eighth Arrondissement, Karl T. Muth

Karl T Muth

IMPORTANT: This document may prompt you for a username and password. If this occurs, please simply click "cancel" and the document will load. Thank you. This Article deals with the history of the secret contract that governs the distribution of economic rents enjoyed by Formula One. It further explores the environment in which this secret contract evolved and briefly discusses applications for secret contracts in other scenarios and industries.

With Avarice Aforethought: Insider Trading And 10b5-1 Plans, Karl T. Muth

Karl T Muth

The 10b5-1 plan and its growing popularity create a variety of governance problems and temptations for executives at publicly-traded corporations. The thought, in creating a safe harbor for such plans, was to allow insiders to diversify their individual holdings while in possession of nonpublic, material information. The 10b5-1 plan allows the actual liquidation transaction to occur while the plan participant is in possession of inside information, so long as the orders or instructions causing the trade were created as part of a "plan" that predates the insider's acquisition of the pertinent information. This creates a sort of time machine, where …