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The claim that lawyers act as gatekeepers or certifiers in financial transactions is widely discussed in the legal … firms have replaced investment banks as the gatekeepers of the market for sovereign debt. We document a sea change in the …
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The claim that lawyers act as gatekeepers or certifiers in financial transactions is widely discussed in the legal … replaced investment banks as the gatekeepers of the market for sovereign debt. Our results suggest that hiring outside law …
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Incentive contracts for gatekeepers who control patient access to specialist medical services provide too weak … incentives to investigate cost further when expected cost of treatment is greater than benefit. Making gatekeepers residual … claimants with a fixed fee from which treat-ment costs must be met (as with full insurers who are themselves gatekeepers …
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