This paper studies the design of law-making and law enforcement institutions based on the premise that law is inherently incomplete. Under incomplete law, law enforcement by courts may suffer from deterrence failure, defined as the socialwelfare loss that results from the regime's inability to...

We model the coordination of specialized tasks inside an organization as "attribute matching." Using this method, we compare organizational forms (U-form and M-form) in coordinating changes. In our framework, organizational forms affect the information structure of an organization and thus the...

No abstract.