Technological advances have changed our ability to acquire and save information, with far-reaching implications in legal discovery and evidence. In this paper, we analyze the interrelated effect of legal presumptions and discovery rules in incentivizing the voluntary adoption of private evidence...

This paper builds upon the existing literature on non-conforming property rights, suggesting that property is affected by a one-directional bias leading towards increasing fragmentation. This bias is the result of asymmetric transaction and strategic costs. In this context, the paper offers a...

Juries are a fundamental element of the criminal justice system. In this paper, we model jury decision-making as a function of three institutional variables: jury size, voting requirement, and the applicable standard of proof. Changes in jury size, voting requirements, and standards of proof...

The European Association of Law and Economics grants a biennial Lifetime Achievement Award and Honorary Membership to a scholar “for his or her significant contributions to the field of Law and Economics, in particular to the development of this scientific movement in Europe.” This paper is...

The optimal scope of legal harmonization and the desirable patterns of lawmaking vary according to current legal, social and economic conditions. In this paper we specify a positive and testable hypothesis according to which legal systems respond to exogenous changes in the external environment...