When judges are believed to be politically biased, many nasty predictions may derive from it. Economic literature in Brazil shows some controversies over what is the direction of the bias, but mainly, economists believe that courts tend to favor debtors, leading to high disincentives for...

When judges are believed to be politically biased and judicial decisions are considered to be unpredictable, many nasty consequences may derive from it. The economic literature in Brazil shows some controversies over what is the direction of the bias, but mainly, economists believe that courts...