The composer has historically been at the top of the tree in the music industry; most royalties due to artists flow back to composers/songwriters rather than performers. Over the last few decades, the enactment of stronger performers’ rights has sought to redress this historical imbalance by...

his paper analyses the work of the Nobel Prize winning economist Professor Amartya Sen from the perspective of human rights. It assesses the ways in which Sen’s research agenda has deepened and expanded human rights discourse in the disciplines of ethics and economics, and examines how his...

Fifteen per cent of British babies are now born to parents who are neither cohabiting nor married. Little is known about non-residential fatherhood that commences with the birth of a child. Here, we use the Millennium Cohort Study to examine a number of aspects of this form of fatherhood....

This paper studies how patent rights and price regulation affect how fast new drugs are launched in different countries, using newly constructed data on launches of 642 new drugs in 76 countries for the period 1983-2002, and information on the duration and content of patent and price control...

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...

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...

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...

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...

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...

The dominant explanatory/justificatory framework informing scholarly commentary on copyright law, policy and theory today – certainly in the US – is law and economics. From this perspective, copyright law exists to underpin markets in certain categories of ‘information good’ (copyright...