A new Product Liability (PL) Act in Japan became effective in July, 1995. In the United States, congress passed, subject to the endorsement of the president, the legislation that limits the ceiling of compensations and punitive damages in PL cases. Thus, there seems to be a converging tendency...

The fiscal difficulties of LDC's, and the important role for evasion as a part of them, are well-known. Drawing on the rich literature on tax evasion in the public finance literature, much recent research has shed light on two phenomena contributing to this problem: fiscal corruption and evasion...

Recent research reveals a negative impact of divorce on children's welfare as a consequence of the reduction in monetary and time contributions by the non-custodian parent. When the custody arrangement is sole custody, the variables that link the absent parent to the child are visitations and...