In this essay, we discuss empirical research on the economic effects of the civil justice system. We discuss research on the effects of three substantive bodies of law—contracts, torts, and property—and research on the effects of the litigation process. We begin with a review of studies of...

Salvatore Rossi’s book illustrates clearly the problems of Italian economic development, the causes of the crisis and the advantages that could accrue from a return to policies favouring competition. Also fundamental, however, are more appropriate definition of regulation models and...

Behavioral economics has been a growing force in many fields of applied economics, including public economics, labor economics, health economics, and law and economics. This paper describes and assesses the current state of behavioral law and economics. Law and economics had a critical (though...

In this article I first describe the basic principles that parents employ in disciplining their children. The description is based on a survey of parents, the major results of which are that parental sanctions are premised on wrongdoing--not on the mere causation of harm; that parental sanctions...

In many settings, human beings are boundedly rational. A distinctive and insufficiently explored legal response to bounded rationality is to attempt to "debias through law," by steering people in more rational directions. In many important domains, existing legal analyses emphasize the...

According to recent act of trainer/instructor profession deregulation in Poland, no courses or exams are required to become a trainer or sport instructor. After changes, any common person is allowed to practice sports coaching. The aim of the research was to become familiar with the parents...

Wrongful convictions may increase the level of crime over the ideal case of their absence. The problem of wrongful conviction is most serious in areas where crime is endemic and for certain groups of citizens who are stereotyped. State liability mitigates this problem; compensating the...

This paper examines one particular aspect of the Greek courts: the time they need to dispose cases. As an indirect measure for the time needed to dispose cases, we use the ratio of cases remaining at the end of the year to total cases introduced. Using this metric, we document a steady increase...

This essay synthesizes and re-conceptualizes some central results of the economic analysis of liability law and sketches the legal details that drive them. Three different legal mechanisms for creating efficient incentives are examined in turn. The first mechanism uses the legal rule of strict...