The economic analysis of financial intermediaries has been a growing field. The goal of many works in this area has been to show that contractual arrangements can lead to symmetric Pareto optimal allocations in an economy with asymmetric private information.

This paper delineates a methodology to assess the efficiency and effectiveness of the judicial sectors. It accounts for some of the main obstacles to a well-functioning judiciary and how to assess which reforms may assist in alleviating these obstacles. In addition, it provides a methodology by...

In Justice Delayed, leading authorities on law and economics from Latin America and the United States analyze the problems of Latin America's judicial sector and propose strategies for solving them.Abstract: Este libro recoge los trabajos presentados en la Segunda Conferencia sobre Justicia y...

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The legal and economic analysis presented here empirically tests the theoretical framework advanced by Buscaglia (1997) and by Kugler, Verdier, and Zenou (2003). This paper goes beyond the prior literature by focusing on the empirical assessment of the actual implementation of the institutional...

The legal and economic analysis presented here empirically tests the theoretical framework advanced by Buscaglia (1997) and by Kugler, Verdier, and Zenou (2003). This paper goes beyond the prior literature by focusing on the empirical assessment of the actual implementation of the institutional...

Organized crime and corruption are shaped by the lack of strength of the control mechanisms of the State and civil society. The results presented in the present article attest to the links between the growth of organized crime and that of corruption in the public sector in a large number of...

In Justice Delayed, leading authorities on law and economics from Latin America and the United States analyze the problems of Latin America's judicial sector and propose strategies for solving them.Abstract: Este libro recoge los trabajos presentados en la Segunda Conferencia sobre Justicia y...

Organized crime and corruption are shaped by the lack of strength of the control mechanisms of the State and civil society. The results presented in the present article attest to the links between the growth of organized crime and that of corruption in the public sector in a large number of...