Initiated by interest groups representing the interest of a class of agency clients, structural reform litigation shapes the administration of important policy domains, particularly in the social services. Employing a spatial bargaining model we show that, instead of holding the agency to its...

We study a contracting model with unforeseen contingencies in which the court is an active player. Ex-ante, the contracting parties cannot include the risky unforeseen contingencies in the contract they draw up. Ex-post the court observes whether an unforeseen contingency occurred, and decides...

This volume of Research in Law and Economics contains articles that address important legal and economic developments in the areas of healthcare, intellectual property and labor settlements, competitive effects, cartel overcharges, and the U.S. Federal Trade Commission (“FTC”). Four of the...