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Economic analysis has had a powerful influence on legal theory and policymaking. Based on the premise that people are …
Persistent link: https://www.econbiz.de/10012899515
This Article proceeds in six parts. Part I is an introduction to the issue of manipulation in political prediction markets. Part II offers a brief background to prediction markets generally. Part III catalogues five examples of activity considered manipulative in political prediction markets,...
Persistent link: https://www.econbiz.de/10013144193
To their credit, empirical legal scholars try to live up to the highest methodological standards from the social sciences. But these standards do not always match the legal research question. This paper focuses on normative legal argument based on empirical evidence. Whether there is a normative...
Persistent link: https://www.econbiz.de/10011645949
evolutionary theory, we derived six factors that predicted 52% of the between-item variation in magnitudes for a novel set of 24 …
Persistent link: https://www.econbiz.de/10014096022
spikes in firm-specific price volatility, a pattern that poses a puzzle in terms of existing financial theory. The most …
Persistent link: https://www.econbiz.de/10010259665
Algorithms are increasingly used to aid, or in some cases supplant, human decision-making, particularly for decisions that hinge on predictions. As a result, two additional features in addition to prediction quality have generated interest: (i) to facilitate human interaction and understanding...
Persistent link: https://www.econbiz.de/10012869933
This article proposes a way of introducing some organization and tractability in climate science, generating more widely credible evaluations of climate science, and imposing some discipline on the processing and interpretation of climate information. I propose a two-part policy instrument...
Persistent link: https://www.econbiz.de/10014185534
In their role as "gatekeepers," the courts are often faced with the issue of assessing the reliability of complex expert testimony in a variety of disciplines. In the area of finance and economics, two recent federal decisions concluded that the "S-curve" approach, which has been described as a...
Persistent link: https://www.econbiz.de/10014059436
Legal scholarship on behavioralism and the implications of cognitive biases for the law is flourishing. In parallel with the rise of such commentary, legal scholars have begun to discuss the role of the emotions in legal discourse. Discussion turns on the appropriateness of various emotions for...
Persistent link: https://www.econbiz.de/10014067984
Legal scholarship on behavioralism and the implications of cognitive biases for the law is flourishing. In parallel with the rise of such commentary, legal scholars have begun to discuss the role of the emotions in legal discourse. Discussion turns on the "appropriateness" of various emotions...
Persistent link: https://www.econbiz.de/10014073544