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We present a dynamic model of noncontractual litigation in which the parties’ decision whether to litigate depends on information produced by courts and, vice versa, the courts’ involvement in the lawmaking process depends on the cases proposed by the parties. Thereby, we integrate in one...
Persistent link: https://www.econbiz.de/10010576966
There is extensive literature on whether courts or legislators produce efficient rules, but which of them produces rules efficiently? The law is subject touncertainty ex ante; uncertainty makes the outcomes of trials difficult to predict and deters parties from settling disputes out of court. In...
Persistent link: https://www.econbiz.de/10005823412
Das deutsche System der industriellen Beziehungen weist im internationalen Vergleich gemeinhin ein hohes Mass an Verrechtlichung auf. Umso ueberraschender ist der Umstand, dass das Recht und seine Akteure, Institutionen und Verfahren in der Forschung ueber Arbeitsbeziehungen seit Jahrzehnten...
Persistent link: https://www.econbiz.de/10011152604
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...
Persistent link: https://www.econbiz.de/10011123291
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...
Persistent link: https://www.econbiz.de/10010736902
What role did the US courts play in the Argentine debt swap of 2005? What are the implications for the future of creditor rights in sovereign bond markets? The judge in the Argentine case has, it appears, deftly exploited creditor heterogeneity – between holdouts seeking capital gains and...
Persistent link: https://www.econbiz.de/10005067444
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...
Persistent link: https://www.econbiz.de/10005764338
Persistent link: https://www.econbiz.de/10013260029
Should arbitrators adjudicate on the basis of their own investigations, or invite the interested parties to make their cases and decide on the basis of the information so gathered? I call the former the inquisitorial procedure in arbitration and the latter the adversarial procedure. I conduct a...
Persistent link: https://www.econbiz.de/10005504638
We contribute to the scant empirical literature on the functioning of courts in the post-socialist world by analyzing civil case disposition in Slovenia. We first characterize basic empirical patterns in modes of civil case disposition in Slovenian local courts. We then examine court-level...
Persistent link: https://www.econbiz.de/10011077649