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Based on well-established informational attributes of principal-agent theory, we argue that lower court treatment of existing Supreme Court precedent provides useful information regarding the actual, as opposed to expected, policy consequences of that precedent. Thus, conditional on ideological...
Persistent link: https://www.econbiz.de/10013145935
Many of the Supreme Court’s most important decisions, such as those involving executive power and the constitutionality of abortion regulations, are decided by plurality decision. Plurality opinions result when five or more Justices agree on the result in a particular case but no single...
Persistent link: https://www.econbiz.de/10014197378
Persistent link: https://www.econbiz.de/10013140278
The calibration of probability or confidence judgments concerns the association between the judgments and some estimate of the correct probabilities of events. Researchers rely on estimates using relative frequencies computed by aggregating data over observations. We show that this approach...
Persistent link: https://www.econbiz.de/10009404611
We assess changes to oral argument at the U.S. Supreme Court precipitated by the COVID-19 pandemic and the degree to which those changes persisted once the justices became used to the new procedures. To do so, we examine whether key attributes of these proceedings changed as the Court...
Persistent link: https://www.econbiz.de/10014076510
Research on happiness has produced valuable insights into the sources of subjective well-being. A major finding from this literature is that people exhibit a baseline happiness that shows persistent strength over time, and twin studies have shown that genes play a significant role in explaining...
Persistent link: https://www.econbiz.de/10010266103
Research on happiness has produced valuable insights into the sources of subjective well-being that are of importance to economics. A major nding from this literature is that people exhibit a "baseline" level of happiness that shows persistent strength over time. Here we explore the extent to...
Persistent link: https://www.econbiz.de/10012168366
Research on happiness has produced valuable insights into the sources of subjective well-being. A major finding from this literature is that people exhibit a "baseline" happiness that shows persistent strength over time, and twin studies have shown that genes play a significant role in...
Persistent link: https://www.econbiz.de/10003937797
We develop and analyze a tractable empirical model for strategic network formation that can be estimated with data from a single network at a single point in time. We model the network formation as a sequential process where in each period a single randomly selected pair of agents has the...
Persistent link: https://www.econbiz.de/10003990080
Persistent link: https://www.econbiz.de/10003941016