Law and Economics Commons^™

Presentación: El Razonamiento Heurístico Y Algunas Implicaciones En El Análisis Económico Del Derecho, Daniel Monroy

Daniel A Monroy C

Presentación efectuada en ALACDE del artículo "EL RAZONAMIENTO HEURÍSTICO Y ALGUNAS IMPLICACIONES EN EL ANÁLISIS ECONÓMICO DEL DERECHO: El caso de las normas sobre donación de órganos humanos"

El Razonamiento Heurístico Y Algunas Implicaciones En El Análisis Económico Del Derecho: El Caso De Las Normas Sobre Donación De Órganos Humanos V2, Daniel Monroy

Daniel A Monroy C

The following article contributes to the latest discussions and judgments that have taken place on the more important postulates of the Economic Analysis of Law. It exists an even nascent line of thought in economics that has accordingly questioned the behaviors of the individuals in the real world; this nascent movement is known as the “Behavioral Economics”, which through the “heuristics” and other hypotheses states a series of contrary ideas to the ones that the neoclassical economics have defended for more than a century.

All the preceding has an evident effect regarding the Economic Analysis of Law. Understanding this situation …

Análisis Económico De La Contratación Pública En Colombia: El Régimen De Contratación Estatal En Colombia Como Herramienta Para La Satisfacción Simultanea De Intereses Particulares Y Colectivos., Daniel Monroy

Daniel A Monroy C

El objetivo principal de este trabajo es evaluar si el actual estatuto de contratación pública en Colombia (Ley 80 de 1993), representa un marco regulatorio adecuado para lograr simultáneamente los fines estatales, así como para satisfacer los interés de los particulares que contratan con las diferentes entidades públicas. Se propone que la coexistencia entre los fines propios del Estado y aquellos estrechamente vinculados con el interés individual es viable, sin embargo, esta hipótesis difícilmente se puede sustentar desde la perspectiva de la economía neoclásica (la Escuela de Chicago), contrario a ello, un enfoque alternativo (v.g. el propio de la Nueva …

Presentación: Análisis Económico De La Contratación Estatal, Daniel Monroy

Daniel A Monroy C

Presentación del artículo "ANÁLISIS ECONÓMICO DE LA CONTRATACIÓN PÚBLICA EN COLOMBIA: El régimen de contratación estatal en Colombia como herramienta para la satisfacción simultanea de intereses particulares y colectivos." En el marco del coloquio ¿Qué intereses económicos protege la regulación"

Presentación: Esquemas De Intervención De Precios En Colombia, Daniel Monroy, Mario A. Pinzón

Daniel A Monroy C

Presentación de los esquemas de intervención de precios en Colombia en el marco del Centro de Estudios "Impacto del Nuevo Sistema de Información de Costos Eficientes en materia de Transporte"

Teoría Prospectiva, Efecto Marco Y Los Mensajes De Disuasión De Consumo De Tabaco En Colombia, Daniel Monroy

Daniel A Monroy C

The main target of this reflex paper is to explain some ideas about behavioral economics, such as the Prospect Theory and the framing effect, as well as its possible implications for the law, especially in the context of tobacco control law in Colombia and the current package warning labels. The paper concludes that these warnings have the potential to reduce the tobacco consumption. However the effectiveness of these messages could be increased if the information is reframed in an alternative way.

This paper is based in other one called: "ANÁLISIS ECONÓMICO-CONDUCTUAL DE LA REGULACIÓN ANTITABACO EN COLOMBIA: El efecto marco …

Presentación: Calabresi Y Melamed: Introducción A Las Reglas De La Catedral., Daniel Monroy

Daniel A Monroy C

Presentación introductoria a las reglas de protección de titularidades defendidas por Calabresi y Melamed en su paper "Reglas de propiedad, reglas de responsabilidad y reglas de inalienabilidad: Un vistazo a la catedral"

Collective Choice, Justin Schwartz

Justin Schwartz

This short nontechnical article reviews the Arrow Impossibility Theorem and its implications for rational democratic decisionmaking. In the 1950s, economist Kenneth J. Arrow proved that no method for producing a unique social choice involving at least three choices and three actors could satisfy four seemingly obvious constraints that are practically constitutive of democratic decisionmaking. Any such method must violate such a constraint and risks leading to disturbingly irrational results such and Condorcet cycling. I explain the theorem in plain, nonmathematical language, and discuss the history, range, and prospects of avoiding what seems like a fundamental theoretical challenge to the possibility …

Uncertainty Regarding Interpretation Of The `Negligence Rule' And Its Implications For The Efficiency Of Outcomes, Satish K. Jain

Satish K. Jain

There are two ways that the negligence rule is interpreted. Under one interpretation a negligent injurer is liable for the entire harm to the victim; and under the other interpretation a negligent injurer is liable only for that part of the harm which can be ascribed to his negligence. Both these versions are efficient. However, if there is uncertainty regarding whether the court will be employing the full liability version or the incremental liability version for determining the liability of a negligent injurer, notwithstanding the fact that both the versions are efficient, inefficiency is possible. In the paper necessary and …

The Structure Of Efficient Liability Rules, Satish K. Jain

Satish K. Jain

The purpose of this paper is two-fold. One, to obtain a complete characterization of efficient liability rules within the framework of a model which is essentially the standard tort model with only some minor differences; but with a liability rule notion more general than the standard one. It is shown in the paper that the subclass of efficient liability rules is characterized by the conjunction of two conditions, namely, the condition of negligence liability and the requirement of non-reward for over-nonnegligence. Negligence liability requires that if one party is exactly nonnegligent and the other party is negligent then the negligent …

The External Effects Of Black-Male Incarceration On Black Females, Stéphane Mechoulan

Stéphane Mechoulan

This paper examines how the increase in the incarceration of Black men and the sex ratio imbalance it induces shape the behavior of young Black women. Combining data from the Bureau of Justice Statistics and the Current Population Survey to match male incarceration rates with individual observations over two decades, I show that Black male incarceration lowers the odds of Black non-marital teenage fertility while increasing young Black women's school attainment and early employment. These results can account for the sharp bridging of the racial gap over the 1990s for a range of socio-economic outcomes among females.

Innovations In Governance: A Functional Typology Of Private Governance Institutions, Tracey M. Roberts

Tracey M Roberts

Communities are increasingly looking to private governance institutions, rather than formal government, to set public policy and to manage the environmental and social impacts of globalization. Private governance institutions, sets of rules and structures for governing without government, remain undertheorized despite an expanding literature. Questions remain about why they have arisen, what functions they serve, and whether they are effective. This article advances that literature in several ways. First, the article outlines the inherent limitations of the conventional taxonomy, which groups these institutions based on the identity of their constituent organizations (business interests, civil society, and government entities and their …