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internalize the externalities that they create. The Article's main goal is to develop eight liability rules for harms and benefits …
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innovation. Tort liability for negligence, defective products, and medical malpractice is determined by reference to custom. We … demonstrate that courts' reliance on custom and conventional technologies as the benchmark of liability chills innovation and …
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compliance with conditionality affect the risk of currency crises and the outcome of such crises. Specifically, we investigate … authorities devalue the exchange rate. The amount of loans and compliance with conditionality have no impact. Our results suggest …
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Over the past decades, cross-border financial flows have increased in importance and have in many occasions exceeded the underlying current account positions. This phenomenon has been accompanied by an increase in the volume of international equity transactions that accentuate the role of...
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