We model a simple justice system in which a court is mandated by society to assess the guilt and the punishment of an accused. The court takes prison facilities as given and neglects its impact on the cost to society of implementing the sentence. Clearly, the court, in this world, will condemn...

We use a stylized model to show that, if transfers to the poor arefounded on a security argument, there is a negative trade-off betweenlaw enforcement expenditures and criminality. In contrast, if transfersare based on altruism, the correlation between the same variables mayappear positive. We...

This paper does three things. First, based on a limited number of theoretically established dimensions, it proposes a new de facto indicator for the rule of law. It is the first such indicator to take the quality of legal norms explicitly into account. Second, using this indicator we shed new...

The increasing digitisation necessitates amendments to copyright protection. Both the European Parliament and the European Commission have now presented proposals addressing this issue. This is necessary because the way in which creative goods are produced and distributed has been changed...

Die fortschreitende Digitalisierung macht Anpassungen des Urheberschutzes erforderlich. Sowohl das Europäische Parlament als auch die Europäische Kommission haben dazu inzwischen Vorschläge vorgelegt. Hintergrund ist, dass die Art, wie kreative Güter produziert und verbreitet werden, durch...

This study examines the governance attributes of post-IPO (initial public offering) retained ownership of private equity in business group constituent firms in contrast to their unaffiliated counterparts, in 202 newly listed firms in 22 emerging African economies. We adopt an actor centred...

This paper has two main purposes. Firstly, to provide information about the obstacles faced by Brazilian Labor Justice in making its decisions really effective. Secondly, to offer data which may help to estimate the amount of money involved in no-complied decisions. Regarding this, the paper...

Nowadays, in Brazilian parliament, there are several propositions able to enact a legislative regulation to outsourcing. Bill no 4.330/04 is just one of them - probably, the one far ahead in the lawmaking process. Is this the best option for regulating outsourcing? There is a harsh debate about...

Outsourcing may have several impacts in Brazilian labor market, especially for workers. That's why it is relevant to debate new regulations for this phenomenon, mainly legislative ones. The Bill no 4.330/2004 is one of the regulations that have been discussed in the Brazilian parliament. But...