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Richard A. Epstein, F. Scott Kieff and Daniel F. Spulber.

in Journal of Competition Law & Economics

March 2012; p ublished online March 2012 .

Journal Article. Subjects: Law and Economics; General Economics; Technological Change; Research and Development; History of Economic Thought (1925 onwards); Household Behaviour and Family Economics; Property Law; Microeconomics; Analysis of Collective Decision-making; Manufacturing; Welfare Economics; Antitrust Issues and Policies; Economic History; Production and Organizations; Market Structure and Pricing; Information, Knowledge, and Uncertainy; Regulation and Industrial Policy; Capitalist Systems; Firm Objectives, Organization, and Behaviour; Market Structure, Firm Strategy, and Market Performance; History of Economic Thought (to 1925). 21147 words.

In its recent report entitled, “The Evolving IP Marketplace,” the Federal Trade Commission (FTC) proposes a far-reaching regulatory approach (Proposal) that is likely to interfere with the...

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Holdouts in Sovereign Debt Restructuring: A Theory of Negotiation in a Weak Contractual Environment

Rohan Pitchford and Mark L. J. Wright.

in The Review of Economic Studies

April 2012; p ublished online November 2011 .

Journal Article. Subjects: Contract Law; International Law; Production and Organizations; International Finance; Analysis of Collective Decision-making. 13392 words.

Why is it difficult to restructure sovereign debt in a timely manner? In this paper, we present a theory of the sovereign debt-restructuring process in which delay arises as individual...

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Of Tastes and Values

Guido Calabresi.

in American Law and Economics Review

December 2014; p ublished online September 2014 .

Journal Article. Subjects: General Economics; History of Economic Thought (to 1925); History of Economic Thought (1925 onwards); Economic Methodology; Microeconomics; Production and Organizations; Welfare Economics; Analysis of Collective Decision-making; Taxation, Subsidies, and Revenue; Publicly Provided Goods; Economics of Health; Education and Research Institutions; Law and Economics; Tort Law; Nonprofit Organizations and Public Enterprise; Capitalist Systems; Economic Sociology. 8249 words.

This lecture was delivered by Judge Calabresi upon receiving the Ronald H. Coase Medal at the Annual Meeting of the American Law and Economic Association at Stanford Law School on May 18,...

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On Hatred

Tilman Klumpp and Hugo M. Mialon.

in American Law and Economics Review

March 2013; p ublished online March 2013 .

Journal Article. Subjects: Law and Economics; Criminal Law; Public Economics; Analysis of Collective Decision-making. 11208 words.

This paper investigates the effects of hatred in two-player games. We model hate as “reverse-altruism” or a preference for low opponent payoffs, and derive implications for behavior in...

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Solving the Volunteer's Dilemma: The Efficiency of Rewards Versus Punishments

Shmuel Leshem and Avraham Tabbach.

in American Law and Economics Review

April 2016; p ublished online November 2015 .

Journal Article. Subjects: Analysis of Collective Decision-making; Tort Law. 10743 words.

This paper studies a class of second-best solutions to the Volunteer's Dilemma. We consider a game in which each one of [math] players must simultaneously choose whether to incur a cost and...

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The Way of the Gun: Estimating Firearms Trafficking across the US–Mexico Border

Topher L. McDougal, David A. Shirk, Robert Muggah and John H. Patterson.

in Journal of Economic Geography

March 2015; p ublished online June 2014 .

Journal Article. Subjects: Law and Economics; Criminal Law; International Trade; International Relations and International Political Economy; Analysis of Collective Decision-making. 11736 words.

The volume of firearms sold in USA and trafficked across the US–Mexico border is notoriously difficult to estimate. We consider a unique approach using GIS-generated county-level panel data...

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