Judges become ambitious decision makers when they face appellate review. This paper applies a contract theoretic perspective to the behavior of self-interested trial judges in a twolevel court system and analyzes the consequences for contracting in “the shadow of” the court. Confronted with...

The judges are vital to the effective operation of judicial system. Any evaluation of judicial institution and judicial reform should be based on the incentive of these institutions to the judges and the rational reaction of the judges thereto. With a discussion of different treatments to the...

For all its stability the law of contract has seen a good deal of reform, most of it judge-made, in the last quarter century or so. In this 1988 paper the author tries to sketch at least some of the main features of this judicial law reform in the law of contracts, to suggest the areas where...

Despite the advances in New Institutional Economics about the economic consequences of institutions and legal rules, up to now we have only limited knowledge about the mechanisms of the evolution of law. By combining the main ideas of Evolutionary Economics and New Institutional Economics this...

The rapid expansion of sharing economy platforms has generated enormous controversy. Law and the "Sharing Economy" closely examines the challenges that arise from this phenomenon with regard to labour, market, technology and regulation through a legal and interdisciplinary lens. The controversy...