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What Consequences Do Ideas Have?
Steven Teles's book, The Rise of the Conservative Legal Movement, is a case study of ideological challenge. Teles, a political scientist, emphasizes the institutional dimensions of such challenges. Relying on interviews ...
Taking Behavioralism Seriously: Some Evidence of Market Manipulation
An important lesson of behavioralist research is that individuals' perceptions and preferences are highly manipulable. This article presents empirical evidence of market manipulation, a previously unrecognized source of ...
The Costs of Dispositionism: The Premature Demise of Situationist Law and Economics
This article was written for the 2005 Symposium: "Calabresi's Costs of Accidents: A Generation of Impact on Law and Scholarship" held at the University of Maryland Law School. Donald Gifford provided the following summary ...
The Corrective Tax Versus Liability As Solutions to the Problem of Harmful Externalities
Although the corrective tax has long been viewed by economists as a theoretically desirable remedy for the problem of harmful externalities, its actual use has been limited, mainly to the domain of pollution. Liability, ...