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the judiciary. The resulting framework reconciles the theoretical literature of lobbying with the negative available …
Persistent link: https://www.econbiz.de/10013225056
Hayek (1960) distinguishes the institutions of English freedom, which guarantee the independence of judges from … political interference in the administration of justice, from those of American freedom, which allow judges to restrain law … reflect these institutions of English and American freedom, and ask whether these rules predict economic and political freedom …
Persistent link: https://www.econbiz.de/10013224310
This paper uses data from 700+ felony trials in Sarasota and Lake Counties in Florida from 2000-2010 to examine the role of age in jury selection and trial outcomes. The results imply that prosecutors are more likely to use their peremptory challenges to exclude younger members of the jury pool,...
Persistent link: https://www.econbiz.de/10013109864
-specific characteristics such as the level of political freedom are taken into account. Political freedom is shown to explain terrorism, but it … does so in a non-monotonic way: countries in some intermediate range of political freedom are shown to be more prone to … terrorism than countries with high levels of political freedom or countries with highly authoritarian regimes. This result …
Persistent link: https://www.econbiz.de/10013243972
Recent research on the economics of patents is surveyed. The topics covered include theoretical and empirical evidence on patents as an incentive for innovation, the effectiveness of patents for invention disclosure, patent valuation, and what we know about the design of patent systems. We also...
Persistent link: https://www.econbiz.de/10013066797
Regulation of economic activity is ubiquitous around the world, yet standard theories predict it should be rather …
Persistent link: https://www.econbiz.de/10013148865
The European Union and the United States operate different variants of market capitalism. The EU model uses social dialogue institutions to help determine economic outcomes, particularly in the labor market, whereas the US relies more on market forces. The theory of competitive markets provides...
Persistent link: https://www.econbiz.de/10012761328
We study budget formation in a model featuring separation of powers. In our model, the legislature designs a budget bill that can include a cap on total spending and earmarked allocations to designated public projects. Each project provides random benefits to one of many interest groups. The...
Persistent link: https://www.econbiz.de/10012761271
In this paper we present historical evidence and a theoretical analysis of the origins of political stability and instability in Colombia for the period 1850-1950, and their relationship to political, particularly electoral, institutions. We show that the driving force behind institutional...
Persistent link: https://www.econbiz.de/10013218444
In the past, judges have often hired applicants for judicial clerkships as early as the beginning of the second year of law school for positions commencing approximately two years down the road. In the new hiring regime for federal judicial law clerks, by contrast, judges are exhorted to follow...
Persistent link: https://www.econbiz.de/10012759956