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By applying computational linguistics tools to the analysis of US federal district courts' decisions from 1932 to 2016, this paper quantifies the rise of economic reasoning in court cases that range from securities regulation to antitrust law. I then relate judges' level of economic reasoning to...
Persistent link: https://www.econbiz.de/10013351689
Outcomes are deeply influenced by the set of institutions used to aggregate the citizens' preferences over the harshness of punishment, i.e., the legal tradition. I show that while under common law appellate judges' biases offset one another at the cost of legal uncertainty, under civil law the...
Persistent link: https://www.econbiz.de/10013036717
Outcomes are deeply influenced by the set of institutions used to aggregate the citizens' preferences over the harshness of punishment, i.e., the legal tradition. I show that while under common law appellate judges' biases offset one another at the cost of legal uncertainty, under civil law the...
Persistent link: https://www.econbiz.de/10013036770
In recent months, the legal status of fantasy sports has undergone intense scrutiny, with the attorneys general of many states contending that certain formats of “daily fantasy sports” violate state gambling laws. In an effort to save the burgeoning “daily fantasy sports” industry,...
Persistent link: https://www.econbiz.de/10014128100
Creativity is the innate human resource that economies have yet to harness its full potential in order to contribute towards global prosperity, cultural exchange and social justice. Creativity is the inspirational energy and knowledge that spur many individuals, including young men and women, to...
Persistent link: https://www.econbiz.de/10014039511
By applying computational linguistics tools to the analysis of US federal district courts' decisions from 1932 to 2016, this paper quantifies the rise of economic reasoning in court cases that range from securities regulation to antitrust law. I then relate judges' level of economic reasoning to...
Persistent link: https://www.econbiz.de/10013350072
Humans once again stand poised to institutionally transcend possible harmful economic and social stagnation arising from earthbound limitations by becoming a space faring species. The resurgent public interest in the economic and cultural potential of outer space reflects the convergence of...
Persistent link: https://www.econbiz.de/10014344888
This research investigates the discursive underpinnings of sociotechnical imaginaries associated with transformations to commercial interplanetary space. By systematically reviewing a considerable corpus of literature, the paper explicates the ways by which three dominant imaginaries are...
Persistent link: https://www.econbiz.de/10014255951
The most vital and deeply practical argument for more broadly understanding corporate purpose comes from the management literature and the data on how to motivate people in organizations. When employees care – when they are engaged – they use discretionary effort. Management research shows...
Persistent link: https://www.econbiz.de/10013227794
Fifty years ago, Friedman compellingly presented his argument for shareholder primacy. But as currently implemented, shareholder primacy threatens the unifying purposes that drove people to form corporations to begin with. It’s time for a re-examination of what binds us together to do great things
Persistent link: https://www.econbiz.de/10013228810