Showing 1 - 10 of 314
To explore damage rules’ deterrent effect, we use a public good experiment to tailor allowable punishment to rules used in actual civil litigation. The experimental treatments are analogous to: (1) damages limited to harm to an individual litigant, (2) damages limited to harm to a group...
Persistent link: https://www.econbiz.de/10009521585
We investigate one possible explanation for corrupt behavior namely that individual decision makers who engage frequently in illegal actions might underestimate the overall probability of being caught. This might be in particular true for petty corruption where small amounts of bribes are...
Persistent link: https://www.econbiz.de/10009671105
We investigate one possible explanation for observed rates of corrupt behavior namely that individual decision makers who frequently engage in illegal actions may underestimate the overall probability of being caught. This might in particular be true for petty corruption where small amounts of...
Persistent link: https://www.econbiz.de/10013081828
We investigate one possible explanation for observed rates of corrupt behavior namely that individual decision makers who frequently engage in illegal actions may underestimate the overall probability of being caught. This might in particular be true for petty corruption where small amounts of...
Persistent link: https://www.econbiz.de/10009740342
Formal models in political science typically consider actors with differing interests or ideologies, but political actors often have “good faith disagreements” about how to achieve commonly shared goals. We develop a model of a hierarchical political organization in which a principal and an...
Persistent link: https://www.econbiz.de/10014039478
A key question in labor and contract law is when does bargaining power disparity become too large to be considered 'impermissible'? It has largely been debated from the potentially conflicting perspectives of efficiency and fairness. These debates exhibit the intuitively plausible but...
Persistent link: https://www.econbiz.de/10012894755
Like many other areas of law, the development of environmental law has been strongly influenced by notions of fairness. This should not be surprising, since environmental law has been developed by lawyers, who are self-selected to be fairness-oriented and trained to think in terms of fairness....
Persistent link: https://www.econbiz.de/10014075543
The standard economic model of police stops implies that the contraband hit rate should rise when the number of stops or searches per officer falls, ceteris paribus. We provide empirical corroboration of such optimizing models of police behavior by examining changes in stops and frisks around...
Persistent link: https://www.econbiz.de/10014337828
We combined a natural experiment (the occurrence of the COVID-19 pandemic in 2020) with the tools of laboratory experiments to study whether and how an unprecedented shock on social interactions (the introduction and abrogation of a nationwide lockdown) affected the evolution of individuals'...
Persistent link: https://www.econbiz.de/10013542838
We combined a natural experiment (the occurrence of the COVID-19 pandemic in 2020) with the tools of laboratory experiments to study whether and how an unprecedented shock on social interactions (the introduction and abrogation of a nationwide lockdown) affected the evolution of individuals’...
Persistent link: https://www.econbiz.de/10014260798