This work introduces a special issue of the Journal of Economic Behavior and Organization on the emergence and impact of market institutions in wholesale fish markets. The analysis of fish markets has a respectable pedigree also in terms of the description of how they function. A major advantage...

We are currently observing an apparent paradox. On the one hand there is growing evidence about corporate misbehaviour and Multinational Corporations (MNCs)' violations of human rights. On the other, the largest MNCs are showing an unprecedented level of commitment to save the world through...

This paper analyzes the meaning of comparing the economic performance of strict liability and negligence rule in a unilateral standard accident model under Knightian uncertainty. It focuses on the cost expectation of major harm on which the injurers form beliefs. It shows first that, when the...

According to official data from the Mortality Information System (SIM) of the Ministry of Health, the number of deaths caused by homicides in the State of Rio de Janeiro has declined between 2006 and 2009, from 7,099 to 5,064, which implies a decrease of 28.7% in the period. However, as we argue...

Although recent research shows that the euro has spurred cross-border financial integration, the exact mechanisms remain unknown. We investigate the underlying channels of the euro’s effect on financial integration using data on bilateral banking linkages among twenty industrial countries in...

In this article, we study judicial behavior at the Judicial Committee of the Privy Council (JCPC). British judges in general, and British high court judges in particular, are perceived to be independent and isolated from political pressure and interference. Furthermore, these judges tend to show...

Small businesses, the majority of Spanish firms, rarely file for formal bankruptcy when dealing with financial distress. This is why business bankruptcy rates in Spain are among the lowest in the world, even during the current economic crisis. To explain this fact we present the following...

The current article presents a part of the results of empirical survey, conducted to explore the condition of human resource management in the privatized industrial organizations in our country. The generated results may assist the surveyed companies’ managers in their pursuit of high level...

The lack of genuine transformative power in the region was repeatedly distinguished as a major weakness of the Eastern Partnership (EaP) in Ukraine. However, the intensity and comprehensiveness of ongoing reform processes cause the need to revise the transformative power of the initiative in...