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In criminal law, when a conflict is solved by plea bargaining, the negotiation is mainly made between the prosecutor and the lawyer. Adopting a complete information framework about his type (selfish or altruistic), this paper compares two lawyer payment systems: flat fees and hourly-wage fees....
Persistent link: https://www.econbiz.de/10008562890
Consumer boycotts and international economic sanctions represent a frequent tool to protest against countries for their violation of human rights. This paper questions if such a kind of action hurts more the populations it is supposed to defend than governing classes it is targeting. Overall,...
Persistent link: https://www.econbiz.de/10008563002
This note shows that the pro-competitive effect of pre-commitments is robust to Stackelberg-like market structures. Although our results are in line with Allaz and Vila (1993), the two equilibria differ substantially. Sequential interactions foster a monopolization of the contract market and a...
Persistent link: https://www.econbiz.de/10008465223