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We describe and analyze a contractual environment that allows a role for an active court. The model we analyze is the same as in Anderlini, Felli, and Postlewaite (2006). An active court can improve on the outcome that the parties would achieve without it. The institutional role of the court is...
Persistent link: https://www.econbiz.de/10010264021
In a Case Law regime Courts have more flexibility than in a Statute Law regime. Since Statutes are inevitably incomplete, this confers an advantage to the Statute Law regime over the Case Law one. However, all Courts rule ex-post, after most economic decisions are already taken. Therefore, the...
Persistent link: https://www.econbiz.de/10010264405
Mechanisms of consensual dispute resolution have existed within living memory. Recently they are gaining new steam as the European Union has issued and is proposing several regulations to advance the use of consensual conflict resolution. This article deals with various patterns of...
Persistent link: https://www.econbiz.de/10013102204
As technology has advanced, many have wondered whether (or simply when) artificial intelligent devices will replace the humans who perform complex, interactive, interpersonal tasks such as dispute resolution. Has science now progressed to the point that artificial intelligence devices can...
Persistent link: https://www.econbiz.de/10013070826
In a Case Law regime Courts have more flexibility than in a Statute Law regime. Since Statutes are inevitably incomplete, this confers an advantage to the Statute Law regime over the Case Law one. However, all Courts rule ex-post, after most economic decisions are already taken. Therefore, the...
Persistent link: https://www.econbiz.de/10013159961
We find an economic rationale for the common sense answer to the question in our title - courts should not always enforce what the contracting parties write. We describe and analyze a contractual environment that allows a role for an active court. An active court can improve on the outcome that...
Persistent link: https://www.econbiz.de/10012732731
We find an economic rationale for the common sense answer to the question in our title - courts should not always enforce what the contracting parties write.We describe and analyze a contractual environment that allows a role for an active court. An active court can improve on the outcome that...
Persistent link: https://www.econbiz.de/10012735522
We find an economic rationale for the common sense answer to the question in our title courts should not always enforce what the contracting parties write. We describe and analyze a contractual environment that allows a role for an active court. An active court can improve on the outcome that...
Persistent link: https://www.econbiz.de/10012771140
We describe and analyze a contractual environment that allows a role for an active court. The model we analyze is the same as in Anderlini, Felli, and Postlewaite (2006). An active court can improve on the outcome that the parties would achieve without it. The institutional role of the court is...
Persistent link: https://www.econbiz.de/10012771142
Spanish Abstract: Se analiza la formación de coaliciones regionales durante una de las fases de la votación del Plan Nacional de Inversiones Públicas con ayuda del concepto de pork barrel; y se realiza una propuesta metodológica para estudiar dichas coaliciones con la teoría de juegos...
Persistent link: https://www.econbiz.de/10012968068