Brennan, Geoffrey; Güth, Werner; Kliemt, Hartmut - Sonderforschungsbereich 373, Quantifikation und … - 1997
Can a court system conceivably control opportunistic behavior if judges are selected from the same population as ordinary citizens and thus are no better than the rest of us? This paper provides a new and, as we claim, quite profound rational choice answer to that unsolved riddle. Adopting an...