Are more cases settled when judges are elected among the most belligerent trade unions? In the specific case of French employment courts, the answer is broadly negative. This article provides evidence of the minor role that judges have on alternative dispute resolution in and out of court....

Courts must audit and then screen out viable but failing firms after their filing for bankruptcy. Yet the judgment and its decision process remain a black box. The bankruptcy literature claims it is an optimal arbitrage between the going concern and the liquidation value. Deviations from the...