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The Private Enforcement of Law
Landes, William M. - 1974
An important question in the economic study of enforcement is the appropriate, and the actual, division of responsibilities between public and private enforcers. This question has been brought into sharp focus recently by an article in which Gary Becker and George Stigler advocate the...
Persistent link: https://www.econbiz.de/10012479061
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The Evolution of a Legal Rule
Niblett, Anthony - 2008
The efficiency of common law rules is central to achieving efficient resource allocation in a market economy. While many theories suggest reasons why judge-made law should tend toward efficient rules, the question whether the common law actually does converge in commercial areas has remained...
Persistent link: https://www.econbiz.de/10012464791
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Empirical Study of the Civil Justice System
Kessler, Daniel P. - 2004
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...
Persistent link: https://www.econbiz.de/10012467864
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Do Well Managed Firms Make Better Forecasts?
Bloom, Nicholas; Kawakubo, Takafumi; Meng, Charlotte; … - National Bureau of Economic Research - 2021
We link a new UK management survey covering 8,000 firms to panel data on productivity in manufacturing and services. There is a large variation in management practices, which are highly correlated with productivity, profitability and size. Uniquely, the survey collects firms' micro forecasts of...
Persistent link: https://www.econbiz.de/10012794618
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Services in the Domestic Economy and in World Transactions
Kravis, Irving B. - 1983
economic activities between services and corrmodities. Service industries -- those producing non-storable outputs -- have been … restrictions on direct foreign investment in service sectors.Also, it may beasked why,if growth is to be the criterion of special … negotiating effort, the commodity-service dichotomy is relevant. Why not search for fast qrowing sectors amonq cammodities as well …
Persistent link: https://www.econbiz.de/10012477978
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Dog Eat Dog : Measuring Network Effects Using a Digital Platform Merger
Farronato, Chiara - 2020
Digital platforms are increasingly the subject of regulatory scrutiny. In comparison to multiple competitors, a single platform may increase consumer welfare if network effects are large or may decrease welfare due to higher prices or reduction in platform variety. We study the net effect of...
Persistent link: https://www.econbiz.de/10012482266
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Aftershocks : The Impact of Clinic Violence on Abortion Services
Jacobson, Mireille - 2010
Between 1973 and 2003, abortion providers in the United States were the targets of over 300 acts of extreme violence. Using unique data on attacks and on abortions, abortion providers, and births, we examine how anti-abortion violence has affected providers' decisions to perform abortions and...
Persistent link: https://www.econbiz.de/10012462055
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Expansion of Trade at the Extensive Margin : A General Gains-from-Trade Result and Illustrative Examples
Markusen, James R. - 2010
The basic gains-from-trade theorem makes a stark comparison between completely free trade and complete autarky. This paper is motivated by recent evidence that trade has greatly expanded on the extensive margin (aka fragmentation, offshoring) by adding newly traded goods and services and that...
Persistent link: https://www.econbiz.de/10012462725
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Pollution and International Trade in Services
Levinson, Arik - 2009
pollutants does the service sector account for even four percent of total emissions; for three of the five services account for … less than one percent. Second, those service industries that do pollute are the least likely to be traded internationally … services are not traded. Even if we limit attention to the services that are traded across borders, the service industries most …
Persistent link: https://www.econbiz.de/10012463712
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Economic Factors Underlying the Unbundling of Advertising Agency Services
Arzaghi, Mohammad - 2008
and diversified in their service offerings and are less likely to do so with increasing age and greater geographical scope …
Persistent link: https://www.econbiz.de/10012464302