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2001

Economics

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Articles 1 - 18 of 18

Full-Text Articles in Law

Imcremental Commitment And Reciprocity In A Real Time Public Goods Game, Bart Wilson, Robert Kurzban, Keving Mccabe, Vernon Smith Aug 2014

Imcremental Commitment And Reciprocity In A Real Time Public Goods Game, Bart Wilson, Robert Kurzban, Keving Mccabe, Vernon Smith

Bart J Wilson

No abstract provided.


Turning Off The Lights, Bart Wilson, Stephen Rassenti, Vernon Smith Aug 2014

Turning Off The Lights, Bart Wilson, Stephen Rassenti, Vernon Smith

Bart J Wilson

No abstract provided.


Imcremental Commitment And Reciprocity In A Real Time Public Goods Game, Bart Wilson, Robert Kurzban, Keving Mccabe, Vernon Smith Nov 2001

Imcremental Commitment And Reciprocity In A Real Time Public Goods Game, Bart Wilson, Robert Kurzban, Keving Mccabe, Vernon Smith

Bart J. Wilson

No abstract provided.


European Environmental Policy And Its Effects On Free Trade, Natalie Collins Oct 2001

European Environmental Policy And Its Effects On Free Trade, Natalie Collins

William & Mary Environmental Law and Policy Review

No abstract provided.


Tainted Prosecution Of Tainted Claims: The Law, Economics, And Ethics Of Fighting Medical Fraud Under The Civil False Claims Act, Dayna Bowen Matthew Jul 2001

Tainted Prosecution Of Tainted Claims: The Law, Economics, And Ethics Of Fighting Medical Fraud Under The Civil False Claims Act, Dayna Bowen Matthew

Indiana Law Journal

No abstract provided.


Trends. Spinning Buddhas, Ibpp Editor Mar 2001

Trends. Spinning Buddhas, Ibpp Editor

International Bulletin of Political Psychology

This article discusses the March 2001 destruction of the Bamiyan Buddhas in Afghanistan by the Taliban.


The Economic Case For Labor Standards: A Layman’S Guide, Thomas I. Palley Jan 2001

The Economic Case For Labor Standards: A Layman’S Guide, Thomas I. Palley

Richmond Journal of Global Law & Business

The place of labor standards in the global economy has figured prominently in recent discussions of trade and globalization. Labor standards figured prominently in the Seattle meeting of the World Trade Organization (WTO) in 1999, and they promise to figure prominently in discussions about a proposed Free Trade Area of Americas (FTAA). Labor standards represent a critical issue for both the American labor movement and the international trade union movement as they are central to making globalization work for working people.


The Harmonization Of Competition Laws Worldwide, Michael George Egge Jan 2001

The Harmonization Of Competition Laws Worldwide, Michael George Egge

Richmond Journal of Global Law & Business

We have experienced nothing short of an explosion in competition law enactment and enforcement over the last several years. Today, more than eighty countries have competition laws, with the majority of these enacting competition legislation for the first time in the 1990s. With these new laws come new, or in some cases renewed, enforcement efforts against commercial behavior viewed as posing threats to the competitive process. Even in jurisdictions that have developed a tradition of competition law enforcement, like the European Community and the United States, the influence of competition law in everyday commercial decision-making has increased dramatically.


Avoidance Theory According To Steve Nickles, David Gray Carlson Jan 2001

Avoidance Theory According To Steve Nickles, David Gray Carlson

Articles

No abstract provided.


Just So Stories: Posnerian Methodology, Jeanne L. Schroeder Jan 2001

Just So Stories: Posnerian Methodology, Jeanne L. Schroeder

Articles

No abstract provided.


Law, Economics, Andthe Skeleton Of Value Fallacy, Kyron Huigens Jan 2001

Law, Economics, Andthe Skeleton Of Value Fallacy, Kyron Huigens

Articles

Experiments in the last decade or so have demonstrated persistent failures on the part of ordinary individuals rationally to pursue self-interest. The experiments pose serious challenges to economics, rational choice theory, and the law and economics school. Some experiments, for example, suggest an "endowment effect", that contradicts the Coase Theorem; the notion that, in the absence of transaction costs, goods will find their most efficient distribution regardless of their initial assignment. Cass Sunstein has collected a set of essays by economists and legal scholars exploring these challenges, in a volume entitled Behavioral Law and Economics.


Re-Valuing Lawyering For Middle-Income Clients, Susan Carle Jan 2001

Re-Valuing Lawyering For Middle-Income Clients, Susan Carle

Articles in Law Reviews & Other Academic Journals

No abstract provided.


E' Is For Eclectic: Multiple Perspectives On Evidence (Symposium: New Perspectives On Evidence), Richard D. Friedman Jan 2001

E' Is For Eclectic: Multiple Perspectives On Evidence (Symposium: New Perspectives On Evidence), Richard D. Friedman

Articles

A conference titled "New Perspectives on Evidence: Experts, Empirical Study and Economics" has a pronounced alliterative theme, a theme made even more apparent when, inevitably in evidentiary discourse, epistemological questions come to the fore. It is enough to make one suspect that the conference is secretly brought to you by the letter "E," hiding behind its public front, the Olin Foundation. Putting aside such conspiratorial thoughts, all these "E's" suggest the presence of a meta-"E"-Eclecticism. Indeed, I believe this conference has demonstrated the need for an eclectic approach to evidentiary problems. That should be no surprise. The ...


The Market For Medical Ethics, Maxwell Gregg Bloche Jan 2001

The Market For Medical Ethics, Maxwell Gregg Bloche

Georgetown Law Faculty Publications and Other Works

At the core of Kenneth Arrow’s classic 1963 essay on medical uncertainty is a claim that has failed to carry the day among economists. This claim—that physician adherence to an anti-competitive ethic of fidelity to patients and suppression of pecuniary influences on clinical judgment pushes medical markets toward social optimality—has won Arrow near-iconic status among medical ethicists (and many physicians). Yet conventional wisdom among health economists, including several participants in this symposium, holds that this claim is either naïve or outdated. Health economists admire Arrow’s article for its path-breaking analysis of market failures resulting from information ...


An Inconsistently Sensitive Mind: Richard Posner's Celebration Of Insurance Law And Continuing Blind Spots Of Econominalism, Jeffrey W. Stempel Jan 2001

An Inconsistently Sensitive Mind: Richard Posner's Celebration Of Insurance Law And Continuing Blind Spots Of Econominalism, Jeffrey W. Stempel

Scholarly Works

Seventh Circuit Judge Richard Posner is well known for bringing economic analysis to bear on a host of issues, including infamously controversial notions such the market for baby sale. Not surprisingly, Posner's insurance law opinions reflect economics, but perhaps not to the degree one would expect. A review of Posner's 20 years of opinions relating to insurance issues reviews his pragmatic jurisprudence as well. Decisions frequently reflect not only economics but also situational context and considerations of business reality as well as a sophisticated grasp of basic insurance doctrine and contract law. As a general matter, Posner also ...


Turning Off The Lights, Bart Wilson, Stephen Rassenti, Vernon Smith Dec 2000

Turning Off The Lights, Bart Wilson, Stephen Rassenti, Vernon Smith

Bart J. Wilson

No abstract provided.


Antitrust And The Marketplace Of Ideas, Maurice Stucke, Allen Grunes Dec 2000

Antitrust And The Marketplace Of Ideas, Maurice Stucke, Allen Grunes

Maurice E Stucke

This article provides an overview of the marketplace of ideas, its relevance to media mergers, and the current approach under the federal antitrust agencies' Horizontal Merger Guidelines.

The article examines the legal support for the proposition that antitrust analysis of media mergers should be expanded to include the merger's impact on editorial competition. After finding legal support in the legislative history and Supreme Court decisions, the article explores the pros and cons of evaluating a media merger's impact on the marketplace of ideas, and asks whether this should be left to the FCC. The article concludes with several ...


Psaf, Economic Capital And, James B. Thomson Dec 2000

Psaf, Economic Capital And, James B. Thomson

James Thomson

The 1980 Monetary Control Act requires the Reserve Banks to recover their costs of providing payments services over time, including a normal return on capital – that is, the same after tax return on equity that a private firm would require. To date, this private sector adjustment factor has been estimated and applied as a single hurdle rate for all Reserve Bank payments services. Capital budgeting theory suggests that firms should use a different hurdle rate for each distinct type of activity according to its risks. For Reserve Bank payments services, this might entail estimating separate private sector adjustment factors for ...