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In their 1984 article, “The Selection of Disputes for Litigation,” Priest and Klein famously hypothesized a “tendency toward 50 percent plaintiff victories” among litigated cases. Nevertheless, many scholars doubt the validity of their conclusions, because the model they relied upon does...
Persistent link: https://www.econbiz.de/10014134984
If it were not so common, the reasoning in Walden v. Fiore would seem bizarre: the jurisdiction of a federal court over a federal claim against a federal agent depends on how much power the constitution allows the state of Nevada. This strange result is, of course, the result of FRCP 4(k)(1)(A),...
Persistent link: https://www.econbiz.de/10014137787
This essay surveys economic analyses of legal history. In order to make sense of the field and to provide examples that might guide and inspire future research, it identifies and discusses five genres of scholarship. 1) Law as the dependent variable. This genre tries to explain why societies...
Persistent link: https://www.econbiz.de/10014142790
For nearly a century, it has been black letter law that federal subject matter jurisdiction is non-waivable. Both parties and judges can raise subject matter jurisdiction problems at any time, even on appeal. This doctrine has been criticized as wasteful, because cases are sometimes dismissed...
Persistent link: https://www.econbiz.de/10014142792
This article sets out a pragmatic justification for the main features of current personal jurisdiction doctrine. According to that justification, personal jurisdiction rules minimize litigation costs and bias. This approach to personal jurisdiction helps resolve difficult and open jurisdictional...
Persistent link: https://www.econbiz.de/10014146711
Jurisdiction and choice of law in property disputes has been remarkably stable. The situs rule, which requires adjudication where the property is located and application of that state’s law, remains the norm in most of the world. This article is the first to apply modern economic analysis to...
Persistent link: https://www.econbiz.de/10014146715
This essay surveys economic analyses of legal history. In order to make sense of the field and to provide examples that might guide and inspire future research, it identifies and discusses five genres of scholarship. Law as the dependent variable. This genre tries to explain why societies have...
Persistent link: https://www.econbiz.de/10014146716
Priest and Klein (1984) argued that, because of selection effects, the percentage of litigated cases won by plaintiffs will not vary with the legal standard. Many researchers thereafter concluded that one could not make valid inferences about the character of the law from the percentage of cases...
Persistent link: https://www.econbiz.de/10014147866
The article analyzes public and private law enforcement when the government is motivated partially or entirely by rent-seeking. The model compares and contrasts the optimal law enforcement policies chosen by a benevolent, social welfare-maximizing government and a self-interested, rent-seeking...
Persistent link: https://www.econbiz.de/10014147942
This article presents a model of non-monetary sanctions with corruption. It is a well-known result in the law enforcement literature that in the absence of corruption, non-monetary sanctions, such as imprisonment, should be imposed infrequently. We show that, in the presence of corruption, it is...
Persistent link: https://www.econbiz.de/10014128061