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1999

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Full-Text Articles in Law

Travelers, Reasoned Textualism, And The New Jurisprudence Of Erisa Preemption, Edward A. Zelinsky Dec 1999

Travelers, Reasoned Textualism, And The New Jurisprudence Of Erisa Preemption, Edward A. Zelinsky

Articles

Upon the enactment of the Employee Retirement Income Security Act of 1974 ("ERISA"), few would have predicted that, a generation later, ERISA's provisions preempting state law would be front page news, a central topic of national debate about health care and its regulation. Similarly, few foresaw at the time ERISA was adopted that the United States Supreme Court would have great difficulty construing ERISA's preemption provisions. By the same token, in 1974 the contemporary revival of interest in statutory textualism lay well into the future.


It-Cenit, Horacio M. Lynch, Mauricio Devoto Nov 1999

It-Cenit, Horacio M. Lynch, Mauricio Devoto

Horacio M. LYNCH

En noviembre de 1999, ITCENIT ha publicado un informe que analiza el impacto de las nuevas tecnologías de la información y comunicaciones en la economía de la Argentina. Advierte sobre la oportunidad económica que la Argentina está desaprovechando al no estar preparada para ingresar en la Era de la Información, y del riesgo que corre de quedar notablemente retrasada con respecto a otros países. Este trabajo, resultado de tres años de reflexiones, ha sido especialmente preparado para sugerir ideas al nuevo gobierno que asumía en diciembre de 1999, e incluye una propuesta concreta con el fin de introducir en nuestra …


Judgment Proofing, Bankruptcy Policy, And The Dark Side Of Tort Liability, Charles W. Mooney Jr. Nov 1999

Judgment Proofing, Bankruptcy Policy, And The Dark Side Of Tort Liability, Charles W. Mooney Jr.

All Faculty Scholarship

No abstract provided.


The Evolution Of United States Antitrust Law: The Past, Present, And (Possible) Future, Albert A. Foer, Robert H. Lande Oct 1999

The Evolution Of United States Antitrust Law: The Past, Present, And (Possible) Future, Albert A. Foer, Robert H. Lande

All Faculty Scholarship

As the world’s nations rapidly move from systems in which central planning and monopoly are replaced by free markets,2 it becomes increasingly valuable to consider the histories of competition policy experienced in different nations, on a comparative basis.3 In this article, we focus on the history of antitrust in the United States, the first nation to develop and fully-articulate a competition policy, drawing out themes that may be useful to other countries as they contemplate the shape and direction of their own competition regimes. We show that the American competition policy has reflected an underlying stability and bi-partisanship, but that …


Feminist Foundations For The Law Of Business: One Law And Economics Scholar's Survey And (Re)View, Barbara Ann White Oct 1999

Feminist Foundations For The Law Of Business: One Law And Economics Scholar's Survey And (Re)View, Barbara Ann White

All Faculty Scholarship

The purpose of this Essay is to suggest frameworks and modes of inquiry for applying feminist legal analysis to business law and the related theory of law and economics. It does so in two ways. One is to assess works already written by feminist scholars in the business law arena, highlighting how those contributions have begun to pave the way towards enriching the scope of business law analysis. The other is to offer two new roles for feminist jurisprudence. One role is to define just (that is, fair) distributions of rights and the other role is to define social judgments …


Does The "Good Governance Policy" Of The International Financial Institutions Privilege Markets At The Expense Of Democracy?, Chantal Thomas Oct 1999

Does The "Good Governance Policy" Of The International Financial Institutions Privilege Markets At The Expense Of Democracy?, Chantal Thomas

Cornell Law Faculty Publications

No abstract provided.


The Challenge Of Administration By Regulation: Preliminary Findings Regarding The U.S. Government's Venture Capital Funds, Jonathan G.S. Koppell Oct 1999

The Challenge Of Administration By Regulation: Preliminary Findings Regarding The U.S. Government's Venture Capital Funds, Jonathan G.S. Koppell

Publications from President Jonathan G.S. Koppell

This article assesses the ability of elected officials to control public policy as implemented by public/private hybrid organizations, specifically, government venture capital funds. The study reveals greater control over OPIC investment funds than Enterprise Funds despite the existence of more traditional administrative tools of control for Enterprise Funds. This finding suggests that the regulatory infrastructure for hybrid organizations is more determinative of control than the existence (or lack) of traditional administrative control tools. Thus the challenge of hybrid government centers on the development of regulation as a substitute for administration.


The Role Of Rights In Benefit Cost Methodology: The Example Of Salmon And Hydroelectric Dams, Richard O. Zerbe Jr., Linda J. Graham Jul 1999

The Role Of Rights In Benefit Cost Methodology: The Example Of Salmon And Hydroelectric Dams, Richard O. Zerbe Jr., Linda J. Graham

Washington Law Review

Benefit cost analysis is a well-established technique for assessing the impacts of proposed actions. Accurate benefit cost analysis is essential to making informed decisions through an understanding of the trade-offs involved in alternative actions. This Article presents a methodology for improving current benefit cost techniques and hence the usefulness of benefit cost analysis to decisionmakers. The proposed methodology is based on recognition of the roles of legal rights and psychological expectations in benefit cost analysis. Proper consideration of these rights and expectations is critical to an accurate determination of how benefits and costs are measured and whose interests are included …


Transfer Of Technology In The Contemporary International Order, Chantal Thomas Jun 1999

Transfer Of Technology In The Contemporary International Order, Chantal Thomas

Cornell Law Faculty Publications

No abstract provided.


Deterrence And Damages: The Multiplier Principle And Its Alternatives, Richard Craswell Jun 1999

Deterrence And Damages: The Multiplier Principle And Its Alternatives, Richard Craswell

Michigan Law Review

One purpose of fines and damage awards is to deter harmful behavior. When enforcement is imperfect, however, so the probability that any given violation will be punished is less than 100%, the law's deterrent effect is usually thought to be reduced. Thus, it is often said that the ideal penalty (insofar as deterrence is concerned) equals the harm caused by the violation multiplied by one over the probability of punishment. For example, if a violation faces only a 25% (or one-in-four) chance of being punished, on this view the optimal penalty would be four times the harm caused by the …


Second Generation Of Law And Economics Of Conflict Of Laws: Baxter's Comparative Impairment And Beyond, Erin O'Hara O'Connor, William H. Allen May 1999

Second Generation Of Law And Economics Of Conflict Of Laws: Baxter's Comparative Impairment And Beyond, Erin O'Hara O'Connor, William H. Allen

Scholarly Publications

In his 1963 article in the Stanford Law Review, “Choice of Law and the Federal System,” Professor William F. Baxter criticized the choice-of-law approach of the First Restatement of the Conflict of Laws. According to the Restatement, courts should apply the law of the state where the last act or event deemed necessary to create a cause of action occurred. In contrast, Baxter advocated a comparative-impairment approach, whereby judges were obligated to apply the law of the state whose public policy would suffer the greatest impairment if its law was not applied. The authors contend that although Baxter’s approach caries …


A New Economic Theory Of Regulation: Rent Extraction Rather Than Rent Creation, Douglas Ginsburg May 1999

A New Economic Theory Of Regulation: Rent Extraction Rather Than Rent Creation, Douglas Ginsburg

Michigan Law Review

Once upon a time, people believed that the government regulated various indus tries in "the public interest." The idea was that certain conditions, such as "natural monopoly" or the ability to externalize significant costs, caus ed markets to fail and governments to step in to correct that failure. Econmnic regulation predicated upon market failure can be dated conveniently to the Interstate Commerce Act of 1887, in which the Congress established the Inters tate Commerce Commission to regulate railroads in the interests of shippers, principally farmers and small businesses. The legal notion of "affectation with the public interest" dates back much …


Subversive Thoughts On Freedom And The Common Good, Larry Alexander, Maimon Schwarzschild May 1999

Subversive Thoughts On Freedom And The Common Good, Larry Alexander, Maimon Schwarzschild

Michigan Law Review

Richard Epstein is a rare and forceful voice against the conventional academic wisdom of our time. Legal scholarship of the past few decades overwhelmingly supports more government regulation and more power for the courts, partly in order to control businesses for environmental and other reasons, but more broadly in hopes of achieving egalitarian outcomes along the famous lines of race, gender, and class. Epstein is deeply skeptical that any of this is the shining path to a better world. Epstein's moral criterion for evaluating social policy is to look at how fully it allows individual human beings to satisfy their …


The Assault That Failed: The Progressive Critique Of Laissez Faire, Richard A. Epstein May 1999

The Assault That Failed: The Progressive Critique Of Laissez Faire, Richard A. Epstein

Michigan Law Review

Robert Lee Hale has long been an intellectual thorn in the side of the defenders of laissez faire, among whom I am quite happy to count myself. As Barbara Fried notes in her meticulous study of Hale's work, his name is hardly a household word. But both directly and indirectly, his influence continues to be great. His best known work is perhaps Coercion and Distribution in a Supposedly Non-Coercive State, published in 1923 as a review of Thomas Nixon Carver's Principles of National Economy, itself a defense of the classical principles of laissez faire, remembered today only for the drubbing …


The Employment Contract, Ian Ayres, Stewart J. Schwab Apr 1999

The Employment Contract, Ian Ayres, Stewart J. Schwab

Cornell Law Faculty Publications

This article consists of Professors Ian Ayres and Stewart Schwab 's presentation given at the Economic Analysis of State Employment Law Issues Symposium. Following the presentation, audience members and the presenters participated in a discussion concerning employment contracts. The Journal staff and Professors Ayres and Schwab compiled and edited some of these questions and responses.


Revenge On Utilitarianism: Renouncing A Comprehensive Economic Theory Of Crime And Punishment, William L. Barnes Jr. Apr 1999

Revenge On Utilitarianism: Renouncing A Comprehensive Economic Theory Of Crime And Punishment, William L. Barnes Jr.

Indiana Law Journal

No abstract provided.


Fair Division, Michael J. Meurer Apr 1999

Fair Division, Michael J. Meurer

Buffalo Law Review

Book review of Hervé Moulin's Cooperative Microeconomics: A Game-Theoretic Introduction and H. Peyton Young's Equity: In Theory and Practice


Environmental Risk And The Traditional Sector Approach: Market Efficiency At The Core Of Environmental Law, John Martin Gillroy Mar 1999

Environmental Risk And The Traditional Sector Approach: Market Efficiency At The Core Of Environmental Law, John Martin Gillroy

RISK: Health, Safety & Environment (1990-2002)

Professor Gillroy provides an in-depth discussion on the evolution of environmental law and the proposition that market efficiency has been, and still is, at its core.


Monopolistic Land Tenure And Free Trade In Mexico: Resurrecting The Ghost Of Porfirian Economics, Lola Clayton Rainey Jan 1999

Monopolistic Land Tenure And Free Trade In Mexico: Resurrecting The Ghost Of Porfirian Economics, Lola Clayton Rainey

American Indian Law Review

No abstract provided.


Transfer Pricing, Anders Leif Allvin Jan 1999

Transfer Pricing, Anders Leif Allvin

LLM Theses and Essays

Transfer pricing is one of the principal international taxation issues of the 1990s and potentially of future decades as well. For corporate enterprises, it can be difficult enough to do business in just one country, but it gets even more complex when they go international. The growth of multinational enterprises (MNEs) creates complex taxation issues for both the tax administrations as well for the MNE. Transfer pricing concerns allocation of income earned within affiliated corporate groups in different countries, which must satisfy tax authorities that they are not evading taxes through the use of transfer pricing. The main problem with …


Toward A Taxonomy Of Disputes: New Evidence Through The Prism Of The Priest/Klein Model, Peter Siegelman, Joel Waldfogel Jan 1999

Toward A Taxonomy Of Disputes: New Evidence Through The Prism Of The Priest/Klein Model, Peter Siegelman, Joel Waldfogel

Faculty Articles and Papers

The Priest/Klein model predicts both trial rates and plaintiff win rates as functions of three structural parameters: the decision standard, parties' uncertainty in estimating case quality, and the degree of stake asymmetry across parties. Previous tests of the model are unsatisfactory because most have concentrated on its prediction of a 50 percent win rate, which only obtains as a limiting case. We gather independent evidence that describes the model's three parameters and compare it with estimates from a structural model that simultaneously estimates both trial and win rates. The model fits the data for four of our six case types. …


Man O War Restaurants, Inc. V. Martin: Law Altering Economic Performance, Jonathan M. Skeeters Jan 1999

Man O War Restaurants, Inc. V. Martin: Law Altering Economic Performance, Jonathan M. Skeeters

Kentucky Law Journal

No abstract provided.


African Integration Schemes: A Case Study Of The Southern African Development Community, Muna Ndulo Jan 1999

African Integration Schemes: A Case Study Of The Southern African Development Community, Muna Ndulo

Cornell Law Faculty Publications

No abstract provided.


Causes Of Inequality In The International Economic Order: Critical Race Theory And Postcolonial Development, Chantal Thomas Jan 1999

Causes Of Inequality In The International Economic Order: Critical Race Theory And Postcolonial Development, Chantal Thomas

Cornell Law Faculty Publications

No abstract provided.


Anti-Piracy Law In The Year Of The Ocean: Problems And Opportunity, Samuel Pyeatt Menefee Jan 1999

Anti-Piracy Law In The Year Of The Ocean: Problems And Opportunity, Samuel Pyeatt Menefee

ILSA Journal of International & Comparative Law

This is an appropriate, if perhaps unexpected, coda to a centennium which feathured [irate expert Philip Gosse's optimistic assertion that "[t]he end of piracy, after centuries, was brought about by public feeling, backed up by the steam-engine and telegraph."


Consideraciones Acerca Del Proyecto De Reforma Del Código Civil Y Los Contratos De Empresa, Martin Paolantonio Jan 1999

Consideraciones Acerca Del Proyecto De Reforma Del Código Civil Y Los Contratos De Empresa, Martin Paolantonio

Martin Paolantonio

Se analizan y valoran las propuestas de la reforma proyectada en 1998, respecto de los contratos de empresa, incluyendo la etapa precontractual, reglas de interpretación y contratos con cláusulas predispuestas


La Prescripción De Las Acciones Cambiarias, Martin Paolantonio, Salvador Bergel Jan 1999

La Prescripción De Las Acciones Cambiarias, Martin Paolantonio, Salvador Bergel

Martin Paolantonio

Estudio sobre la prescripción de las acciones para el cobro de títulos valores cambiarios (letra de cambio, pagaré, cheque, factura de crédito y letras hipotecarias)


La Retribución De Los Directores Y El Análisis Económico Del Derecho: Reflexiones Sobre El Caso De Las Sociedades Abiertas, Martin Paolantonio Jan 1999

La Retribución De Los Directores Y El Análisis Económico Del Derecho: Reflexiones Sobre El Caso De Las Sociedades Abiertas, Martin Paolantonio

Martin Paolantonio

Desde la perspectiva del AED, análisis crítico de las disposiciones de la ley de sociedades comerciales en materia de retribución de administradores


Las Cláusulas Abusivas En El Contrato De Emisión De Tarjeta De Crédito, Martin Paolantonio Jan 1999

Las Cláusulas Abusivas En El Contrato De Emisión De Tarjeta De Crédito, Martin Paolantonio

Martin Paolantonio

Análisis de las cláusulas abusivas integrando las disposiciones de la ley 25065 de tarjetas de crédito con las normas generales de tutela al consumidor (ley 24240)


Responsabilidad Civil De Las Entidades Financieras En Las Operaciones De Crédito Al Consumo, Martin Paolantonio, Salvador Bergel Jan 1999

Responsabilidad Civil De Las Entidades Financieras En Las Operaciones De Crédito Al Consumo, Martin Paolantonio, Salvador Bergel

Martin Paolantonio

Tratamiento de una cuestión sustantiva en las operaciones de crédito al consumo: la tutela del consumidor ante el incumplimiento del proveedor y la pretensión de cobro del financista