It is of interest in some applications to determine whether there is a relationship between a hazard rate function (or a cumulative incidence function) and a mark variable which is only observed at uncensored failure times. We develop nonparametric tests for this problem when the mark variable...

Total return economics (TRE) is a new look at economic basics. It takes prediction of behavior as its objective, and reasons toward this objective from definitions in principle to definitions and inferences in practice. It finds for example that output, if defined in principle as creation of...

This essay explores a puzzle from the world of property theory, that is from the world of mine and yours, the basic social organizational molecules with which we build our sense of justice. The puzzle is this: why is there so little variety in the forms of property people use across the world?...

The Rule of One-Third guaranteed wives a life interest in one-third of their husband's estate upon marital dissolution. We document the ubiquity of this legal construct over four thousand years and across numerous societies. Due to specialization within the household, we demonstrate that without...

The academic world is wonderful. Like few other professionals, we can choose what we want to do and what questions we think are important, which in our line of work means choosing what topics we want to research. But what influences our choices? This paper examines what drives scholars to select...

3Der Produktrückruf ist als haftungsrechtliches Phänomen seit den 70er Jahren ständig bedeutsamer geworden. Der Grund dafür liegt im Wesentlichen in der zunehmenden Differenzierung der Fertigungsprozesse, also der fortschreitenden Arbeitsteilung im Produktionsprozeß und der damit...

In various European legal acts the Council has delegated power to the Commission to set common policy, conditional on specific procedural requirements, which are commonly known as "comitology". In this paper we analyse whether and how far these implementation procedures help to overcome a...

In this article a simple game is used to develop a concept of trust that takes account of boundedly rational behavior. Even if a first mover in a sequential game is protected against opportunism by legal means or means of private ordering there remains a risk that the second mover does not...