Showing 1 - 10 of 6,539
This article analyzes corruption of law enforcement agents: payment of bribes to agents so that they will not report … violations. Corruption dilutes deterrence because bribe payments are less than sanctions. The state may not be able to offset … detect and penalize corruption. At the optimum, however, corruption may not be deterred. Nonetheless, it may be desirable to …
Persistent link: https://www.econbiz.de/10013310213
bureaucracy in place of political appointees as an important component of the institutional environment in which private … corruption of their subordinates as a byproduct of their efforts to implement their preferences using tax revenue. Within this …
Persistent link: https://www.econbiz.de/10013212898
Bureaucratic quality in terms of the level of corruption varies widely across countries, and is in general slow to …. In this paper, we study the possibility that quality of bureaucracy may be an important structural determinant of open … that delivers such a result. Bureaucratic corruption translates into reduced ability by the government to collect tax …
Persistent link: https://www.econbiz.de/10013238698
Accident law is the body of legal rules governing the ability of victims of harm to sue and to collect payments from those who injured them. This paper contains the chapters on accident law from a general, forthcoming book, Foundations of Economic Analysis of Law (Harvard University Press,...
Persistent link: https://www.econbiz.de/10013105846
This paper analyzes the normative role for civil liability in aligning terrorism precaution incentives, when the perpetrators of terrorism are unreachable by courts or regulators. We consider the strategic interaction among targets, subsidiary victims, and terrorists within a sequential,...
Persistent link: https://www.econbiz.de/10012778272
This essay provides an overview of the central theoretical law and economics insights concerning antidiscrimination law across a variety of contexts including discrimination in labor markets, housing markets, consumer purchases, and policing. The different models of discrimination based on...
Persistent link: https://www.econbiz.de/10012783666
When is it socially advantageous for legal rules to be changed in the light of altered circumstances? In answering this basic question here, a simple point is developed -- that past compliance with legal rules tends to reduce the social advantages of legal change. The reasons are twofold:...
Persistent link: https://www.econbiz.de/10012759741
This is a survey of the field of economic analysis of law, focusing on the work of economists. The survey covers the three central areas of civil law liability for accidents (tort law), property law, and contracts as well as the litigation process and public enforcement of law
Persistent link: https://www.econbiz.de/10012763597
This article surveys the theory of the public enforcement of law -- the use of public agents (inspectors, tax auditors …, police, prosecutors) to detect and to sanction violators of legal rules. We first present the basic elements of the theory … examine a variety of extensions of the central theory, concerning accidental harms, costs of imposing fines, errors, general …
Persistent link: https://www.econbiz.de/10013216494
A central requirement in the design of a legal system is the protection of law enforcers from coercion by litigants through either violence or bribes. The higher the risk of coercion, the greater the need for protection and control of law enforcers by the state. This perspective explains why, in...
Persistent link: https://www.econbiz.de/10013216846