Fraud and irrationality are often blamed for financial manias and panics. Investor euphoria can unleash social and technological breakthroughs, but the subsequent failures can destroy value and radicalize the political sphere. Are these events random, idiosyncratic, or driven by some force? The...

We have investigated the likelihood of cartel formation within various oligopoly models relying on various previous works which analyzed cartel profitability as well as cartel stability in the sense of d’Aspremont, Jacquemin, Gabszewicz and Weymark (1983). Specifically, a cartel is considered...

Legacy lawsuits concerning environmental damage claims have affected nearly 1,500 oil-and-gas production companies in Louisiana in the last few years. Since the Louisiana Supreme Court's decision in Corbello v. Iowa Production in 2003, production companies and landowners have hotly debated...