Positional goods and public goods share the characteristic of “publicness” in terms of consumption; i.e., given the consumption of one party, in the case of a positional good, the other must consume a corresponding negative amount of what the first party consumes, while in the case of public...

This paper summarizes and critically reviews the limited and fragmented empirical literature on the relationship between the judicial efficiency and the economic transactions. Finally, we identify some promising avenues for future research

To fully understand governance and authority in the large corporation, one must attend to politics. Because basic dimensions of corporate organization can affect the interests of voters, because powerful concentrated interest groups seek particular outcomes that deeply affect large corporations,...

[Pre-print version] The subject is not remote, philosophical nor esoteric; no one should venture into it with the feeling that it is a mystery that only the privileged can penetrate. Moreover, no one should surrender to a subject of such a great practical importance as this. The subject under...