By the summer of 2003, Yukos Oil had become something of a test case for the private sector in Russia. Like many things in post-Communist Russia, the story behind Yukos is infused with intrigue, politics, and scandal. This paper examines how Mikhail Khodorkovsky, the controversial chief...

We present an integrated summary of the various factors that contributed to shortages of electrical power in California in 2000. Several necessary conditions for the crisis are identified. We conclude that a sufficient remedy may be defined by policies that mitigate the limited incentives to...

The value of stability in the law is reflected in the common law principle of stare decisis. Legal stability provides guidance to future and lower courts. Further, it allows litigants (potential and actual) and their attorneys to make informed decisions about litigation. Adherence to the...

Though there is an extensive literature focused on the participation and efficacy of interest group amici curiae in the U.S. Supreme Court, there is little rigorous analysis of amici curiae in the U.S. Courts of Appeals. Here, we systematically analyze the influence of amicus curiae briefs on...

Before the current recession, soaring stock prices and housing values made many Americans feel well off, and thus many were lax in saving for retirement. The current financial market downturn has erased much of the previous gains, leaving many workers unprepared for retirement.