The economic analysis of financial intermediaries has been a growing field. The goal of many works in this area has been to show that contractual arrangements can lead to symmetric Pareto optimal allocations in an economy with asymmetric private information.

This paper delineates a methodology to assess the efficiency and effectiveness of the judicial sectors. It accounts for some of the main obstacles to a well-functioning judiciary and how to assess which reforms may assist in alleviating these obstacles. In addition, it provides a methodology by...

Economic integration and growth in trade within the Latin American region have created a need for new and major legal developments. In this context, the private sector has emerged as the driving force behind legal initiatives related to trade agreements such as the Andean Pact and MERCOSUR...

In Justice Delayed, leading authorities on law and economics from Latin America and the United States analyze the problems of Latin America's judicial sector and propose strategies for solving them.Abstract: Este libro recoge los trabajos presentados en la Segunda Conferencia sobre Justicia y...

The legal and economic analysis presented here empirically tests the theoretical framework advanced by Kugler, Verdier, and Zenou (2003) and Buscaglia (1997). This paper goes beyond the prior literature by focusing on the empirical assessment of the actual implementation of the institutional...

This article presents a legal and economic analysis of Latin American integration and concludes that legal integration can be explained by the degree of overlap found in the economic structures of the countries in a trade agreement. More specifically, it argues that larger proportions of...

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