Economists, legal scholars and policy makers are concerned about the impact of patent litigation on the rate and direction of US innovation and on the functioning of the US intellectual property system. At this time, however, there is no reliable, comprehensive, free and publicly accessible...

This paper investigates how different outcomes of criminal appeals impact crime deterrence. My panel data analysis (1997-2013) indicates that crime rates decrease when convictions are affirmed by the appellate court, as long as conviction rates are not too high. Crime rates are further found to...

Following some preliminary observations related to its Kiobel background in Section I, this paper introduces the Daimler decision in Section II, in three epigraphs, respectively: History, Justice Ginsburg's Opinion and Justice Sotomayor's Opinion. Then it evaluates critically the decision in...

This paper develops a model of the war against illegal drugs in both producer and consumer countries. The paper studies the trade-off faced by the government of the drug consumer country between prevention policies (aimed at reducing the demand for drugs) and enforcement policies (aimed at...

In this paper we do a couple of things: discussing a way to measure the welfare cost of country risk, and measuring it for Argentina in the period 1875-2006. There are two conclusions: a) the welfare cost of Argentine risk has been huge: for example, in the period 1976-2006 it was around 20% of...