This article analyzes how law enforcers (with particular emphasis on securities regulators) should allocate their limited resources among multiple targets, as well as how they are likely to allocate these resources. It modifies existing models in one significant way: it considers the effect of...

CONCERN for the spread of HIV infection and with the growing social costs associated with the policy of heroin prohibition have recently led many to reconsider the policy. A large question facing advocates of decriminalisation or legalisation is to what extent the numbers of users would grow...

With its tremendous popularity among Millennials and Generation Z, esports represents one of the fastest growing segments of the U.S. sports and entertainment market. It is the source of massive amounts of venture capital inflow, unprecedented marketing and media dollars, and altogether new...

The post-9/11 intensified attention to the financing of terrorism has often focused on the interaction with the activities of charities. Their vulnerabilities have been most underlined by the Financial Action Task Force. The resultant qualitative prominence given to anti-terrorism financing...

This paper analyzes how fake news may have an effect on individual decisionmaking in the political sphere. To this end, arguments from the standard model of voter behaviour with full rationality are discussed as well as arguments from Behavioural Political Economy, which incorporates systematic...

This paper uncovers the mechanism behind the relaxation of self-defense regulations with an empirical analysis followed by a game theoretical model. We obtained empirical evidence from examining the Stand Your Ground (SYG) law and subsequent changes in rates of planned and unplanned murder. We...

Mandatory restrictions in employment law, designed to promote the welfare of workers, are debated fiercely. Proponents argue that they protect workers. Opponents believe that they spawn inefficiency and harm workers. Yet all agree that their welfare implications depend on their degree of...

This paper discusses different means of regulation, taking the example of post-crisis financial markets regulation. It is remarkable that the general discussion about reforming financial regulation centres on the substantive standards of the new rules and neglects the problem of choosing the...

In this article process formation and development of the legislation providing responsibility for commission of nonviolent sexual crimes, made concerning minor persons is considered.The legislation of the pre-revolutionary and Soviet periods is analyzed.Development of rules of law occurred...

Dynamic elements can be included in the rulemaking process through intra- and inter-jurisdictional feedback effects that improve the availability and quality of information for rulemaking. Key features associated with governmental contracts, such as the corporate wrongdoers' self-reporting,...