Now showing items 1-10 of 20
Who Should Regulate Lawyers?
(The Harvard Law Review Association, 1992)
Rules versus Standards: An Economic Analysis
(Duke University School of Law, 1992)
This Article offers an economic analysis of the extent to which legal commands should be promulgated as rules or standards. Two dimensions of the problem are emphasized. First, the choice between rules and standards affects ...
Government Relief for Risk Associated with Government Action
A significant source of risk arises from uncertainty concerning future government policy. Government action - tax reform, deregulation, judicial decisions, budgetary shifts - produces gains and losses for those who invested ...
Incomplete Contracts and Signaling
This article Presents a principal-agent model in which asymmetric information leads to contractual incompleteness. I show that in the presence of transactions costs, incompleteness may act as a signal of the principal's ...
Optimal Sanctions When Individuals Are Imperfectly Informed about the Probability of Apprehension
(University of Chicago Press, 1992)
No abstract provided.
Income Tax Deductions for Losses as Insurance
(American Economic Association, 1992)
The federal income tax allows deductions for some categories of personal losses, notably for casualty losses (such as destruction of one's home or car) and medical expenses above a threshold. The latter, even with lower ...
Economics and the Environment: Trading Debt and Technology for Nature
(Columbia Journal of Environmental Law, 1992)
In this article, Professor O’Neill and Professor Sunstein first explore and suggest improvements in current debt-for-nature swaps, with the ultimate aim of defending the use of economic incentives and Paretian principles ...