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Beauty Fades : An Experimental Study of Federal Court Design Patent Aesthetics
Torrance, Andrew W. - 2020
Courts are rarely asked to judge beauty. Such a subjective practice would normally be anathema to the ideal of objective legal standards. However, one area of federal law has a long tradition of explicitly requiring courts to make aesthetic decisions: the law of design. New designs may be...
Persistent link: https://www.econbiz.de/10014165060
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On Experimentation and Real Options in Financial Regulation
Spitzer, Matthew L. - 2014
In recent years, financial regulators have come under increasing judicial scrutiny for conducting inadequate cost/benefit assessments in advance of significant reforms. One facet of this scrutiny is judicial skepticism towards the proper role for regulatory experimentation (and the real option...
Persistent link: https://www.econbiz.de/10013056218
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Liquidity regulation, banking history and financial fragility : an experimental examination
Davis, Douglas D.; Korenok, Oleg; Lightle, John P. - In: Journal of economic behavior & organization : JEBO 200 (2022), pp. 1372-1383
Persistent link: https://www.econbiz.de/10013389412
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Bound by Bias? Franchisees' Cognitive Biases
Emerson, Robert W. - 2019
Cognitive biases play a fundamental part in franchisor-franchisee deal making. Ordinarily, franchisors have more power and information than do franchisees. The disparity between these parties is often exacerbated by the franchisees' psychological dispositions. Are franchisees biased or...
Persistent link: https://www.econbiz.de/10012865812
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Experimental Rules
Gubler, Zachary James - 2013
When forming policy under conditions of extreme uncertainty, the optimal approach seems to be a process by which the policy decision is divided into multiple stages, or in other words, an experimental approach. The optimal legal vehicle for such policy experimentation is what I call...
Persistent link: https://www.econbiz.de/10014161381
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Who is afraid of pirates? : an experiment on the deterrence of innovation by imitation
Engel, Christoph; Kleine, Marco - 2013
cost and risk. Nonetheless standard theory predicts too little innovation. Arguably the problem is exacerbated by … appropriation than predicted by standard theory. But the risk and the experience of appropriation does not deter innovation. We find … even more innovation than predicted by theory, and actually more than would be efficient. In the lab, the prospect of …
Persistent link: https://www.econbiz.de/10009742356
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Property is dummy proof : an experiment
Bar-Gill, Oren; Engel, Christoph - 2020
limitations irrelevant. This experiment shows that strong property rights serve this function. In theory, efficient outcomes …
Persistent link: https://www.econbiz.de/10012153390
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Property is dummy proof : an experiment
Bar-Gill, Oren; Engel, Christoph - 2020
limitations irrelevant. This experiment shows that strong property rights serve this function. In theory, efficient outcomes …
Persistent link: https://www.econbiz.de/10012174324
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Endowment Effects in Chimpanzees
Brosnan, Sarah F.; Jones, Owen D.; Lambeth, Susan P.; … - 2020
Human behavior is not always consistent with standard rational choice predictions. The much-investigated variety of apparent deviations from rational choice predictions provides a promising arena for the merger of economics and biology. Although little is known about the extent to which other...
Persistent link: https://www.econbiz.de/10014219014