Because a will’s authenticity is never certain, probate courts sometimes make incorrect determinations regarding whether a purported will is a genuine expression of the decedent’s intent. When the court incorrectly admits an inauthentic will to probate, a false-positive outcome occurs....

Tax Evasion and Firm Survival in Competitive Markets illustrates how a firm with high production costs but which is easily able to evade taxes may displace from the market a company with low production costs but poor tax evasion capabilities. The difference in production costs between the...