Showing 1 - 6 of 6
We study a contracting model with unforeseen contingencies in which the court is an active player. Ex-ante, the contracting parties cannot include the risky unforeseen contingencies in the contract they draw up. Ex-post the court observes whether an unforeseen contingency occurred, and decides...
Persistent link: https://www.econbiz.de/10010928636
This is the first of the country-specific European Social Survey topline results reports. Focusing on UK data from the Round 5 module entitled ‘trust in justice,' we link people’s perceptions of police legitimacy to their compliance with the law and their willingness to cooperate with the...
Persistent link: https://www.econbiz.de/10010744900
We embed a simple contracting model with ex-ante investments in which there is scope for Court intervention in a full-blown open-ended dynamic setting. The underlying preferences of both Courts and contracting parties are fully forward looking and unbiased. Our point of departure is instead the...
Persistent link: https://www.econbiz.de/10010746104
We find an economic rationale for the common sense answer to the question in our title — courts should not always enforce what the contracting parties write. We describe and analyze a contractual environment that allows a role for an active court. An active court can improve on the outcome...
Persistent link: https://www.econbiz.de/10011071363
We describe and analyze a contractual environment that allows a role for an active court. The model we analyze is the same as in Anderlini, Felli, and Postlewaite (2006). An active court can improve on the outcome that the parties would achieve without it. The institutional role of the court is...
Persistent link: https://www.econbiz.de/10011071455
This essay analyses shifts in Greek foreign policy behaviour with regard to the Former Yugoslav Republic of Macedonia from the early 1990s to the late 2000s, with a particular emphasis on the 2008 NATO Bucharest Summit. In this paper, I attempt to provide an understanding of foreign policy...
Persistent link: https://www.econbiz.de/10010686673