Environmental self-auditing by private firms is generally thought to both deserveand require encouragement. Firms can audit themselves more cheaply andeffectively than can regulators, but too often are deterred for fear that theinformation they uncover will be used against them. To reduce this...

This paper is a theoretical analysis of incentive setting via civil litigation, with a focus on incentives for care in activities that may be harmful to others (torts). It makes two main contributions: one directly policy-relevant, one conceptual. In most existing research, litigation is modeled...

A companion paper, Sanchirico (1997) introduces the concept of "endogenous cost evidence" in a model of single-agent, mandatory hearings. The current paper extends Sanchirico (1997) by adding multiple parties and allowing for the possibility that agents may choose both whether to attend the...

"We explore the efficiency and equity resulting from allocation of a fixed resource within a bargaining institution, using a modification of the Ultimatum Game with asymmetric productivity and a surplus-sharing step that permits us to explore trust. Sharing allows pie division independent of pie...