Behavioral Economic Issues In American And Islamic Marriage & Divorce Law, Ryan M. Riegg
Mar 2009
Behavioral Economic Issues In American And Islamic Marriage & Divorce Law, Ryan M. Riegg
Ryan M. Riegg
Unlike previous work examining marriage and divorce law from an economic perspective, this article critiques traditional economic theory, which frequently fails to address issues like "trust" and “trustworthiness” in the forming of contractual and marital relationships, as well as a number of rules within the modern American marriage and divorce system. Additionally, the article also demonstrates how a number of rules within both marriage and divorce systems can be better understood and evaluated from a behavioral economic perspective and suggests how those legal systems may be developed in the future.
The practical implications of this article are threefold. First, it …
Opportunism, Uncertainty, And Relational Contracting - Antitrust Rules In The Film Industry, Ryan M. Riegg
Mar 2009
Opportunism, Uncertainty, And Relational Contracting - Antitrust Rules In The Film Industry, Ryan M. Riegg
Ryan M. Riegg
For a long time, economists have been baffled as to why Hollywood studios continue to produce movies with blockbuster-sized budgets (i.e. movies with budgets over $100 million), when producing those movies expose those studios to considerable economic risk. By explaining the unique economics of the film industry, and the effect of the Paramount (antitrust) rules on film distribution contracts, this article provides an explanation to the puzzle of the blockbuster that is confirmed by recent trends in the film industry. Additionally, by using the film industry as a model, this article also demonstrates how relational contracting can be understood as …
Opportunism, Uncertainty, And Relational Contracting - Antitrust Rules In The Film Industry, Ryan M. Riegg
Dec 2008
Opportunism, Uncertainty, And Relational Contracting - Antitrust Rules In The Film Industry, Ryan M. Riegg
Ryan M. Riegg
For a long time, economists and investors have been baffled as to why Studios continue to produce movies with "blockbuster"-sized budgets (i.e. movies with budgets over $100 million) when producing those movies expose Studios to considerable economic risk.
By explaining the unique economics of the Film industry, and the effect of the Paramount (antitrust) rules on Film distribution contracts, this article provides an explanation to the puzzle of the blockbuster that is confirmed by recent trends in Film industry. Additionally, by using the Film industry as a model, this article also demonstrates how relational contracting can be understood as a …
Behavioral Economic Issues In American & Islamic Marriage & Divorce Law, Ryan M. Riegg
Dec 2008
Behavioral Economic Issues In American & Islamic Marriage & Divorce Law, Ryan M. Riegg
Ryan M. Riegg
The article critiques traditional economic theory, which frequently fails to address issues like "trust" in the forming of both contractual and marital relationships, and addresses problems within both the American and Islamic marriage & divorce systems from a behavioral economic, and comparative, perspective.
Clitoridectomy And The Economics Of Islamic Marriage & Divorce Law, Ryan M. Riegg
Sep 2008
Clitoridectomy And The Economics Of Islamic Marriage & Divorce Law, Ryan M. Riegg
Ryan M. Riegg
This article examines the legal and economic incentives created by the Islamic Marriage and Divorce System (“IMDS”) to develop an empirical model regarding the relative prevalence and severity of clitoridectomy practices in different Muslim societies and considers how those practices may be eliminated from an economic perspective.
Part I of the article establishes the economic link between the IMDS and clitoridectomy and compares the IMDS and the American Marriage & Divorce System (“AMDS”) in terms of their relative efficiency. Part II operationalizes and refines the basic theory outlined in Part I by creating a falsifiable model regarding the relative prevalence …