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Steven M. Shavell

Citations

Many of the citations below have been collected in an experimental project, CitEc, where a more detailed citation analysis can be found. These are citations from works listed in RePEc that could be analyzed mechanically. So far, only a minority of all works could be analyzed. See under "Corrections" how you can help improve the citation analysis.

Blog mentions

As found by EconAcademics.org, the blog aggregator for Economics research:
  1. Shavell, Steven & Weiss, Laurence, 1979. "The Optimal Payment of Unemployment Insurance Benefits over Time," Journal of Political Economy, University of Chicago Press, vol. 87(6), pages 1347-1362, December.

    Mentioned in:

    1. New insights on optimal unemployment insurance
      by Economic Logician in Economic Logic on 2008-12-23 18:36:00

RePEc Biblio mentions

As found on the RePEc Biblio, the curated bibliography of Economics:
  1. Shavell, Steven & Weiss, Laurence, 1979. "The Optimal Payment of Unemployment Insurance Benefits over Time," Journal of Political Economy, University of Chicago Press, vol. 87(6), pages 1347-1362, December.

    Mentioned in:

    1. > Labor Economics > Unemployment Insurance > Optimal Unemployment Insurance

Wikipedia or ReplicationWiki mentions

(Only mentions on Wikipedia that link back to a page on a RePEc service)
  1. A. Mitchell Polinsky & Steven Shavell, 1997. "On the Disutility and Discounting of Imprisonment and the Theory of Deterrence," NBER Working Papers 6259, National Bureau of Economic Research, Inc.

    Mentioned in:

    1. Criminalità in Wikipedia (Italian)
    2. Kriminal in Wikipedia (Serbo-Croatian)
    3. Злосторство in Wikipedia (Macedonian)
  2. Author Profile
    1. Steven Shavell in Wikipedia (German)

Working papers

  1. Steven Shavell, 2019. "On the Redesign of Accident Liability for the World of Autonomous Vehicles," NBER Working Papers 26220, National Bureau of Economic Research, Inc.

    Cited by:

    1. Andrea Bertolini & Massimo Riccaboni, 2021. "Grounding the case for a European approach to the regulation of automated driving: the technology-selection effect of liability rules," European Journal of Law and Economics, Springer, vol. 51(2), pages 243-284, April.
    2. Mohamed Alawadhi & Jumah Almazrouie & Mohammed Kamil & Khalil Abdelrazek Khalil, 0. "Review and analysis of the importance of autonomous vehicles liability: a systematic literature review," International Journal of System Assurance Engineering and Management, Springer;The Society for Reliability, Engineering Quality and Operations Management (SREQOM),India, and Division of Operation and Maintenance, Lulea University of Technology, Sweden, vol. 0, pages 1-23.
    3. Mohamed Alawadhi & Jumah Almazrouie & Mohammed Kamil & Khalil Abdelrazek Khalil, 2020. "Review and analysis of the importance of autonomous vehicles liability: a systematic literature review," International Journal of System Assurance Engineering and Management, Springer;The Society for Reliability, Engineering Quality and Operations Management (SREQOM),India, and Division of Operation and Maintenance, Lulea University of Technology, Sweden, vol. 11(6), pages 1227-1249, December.

  2. Steven Shavell, 2014. "A General Rationale for a Governmental Role in the Relief of Large Risks," NBER Working Papers 20192, National Bureau of Economic Research, Inc.

    Cited by:

    1. Bulut, Harun, 2017. "Managing Catastrophic Risk in Agriculture through Ex Ante Subsidized Insurance or Ex Post Disaster Aid," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 42(3), September.
    2. Andrew Royal, 2017. "Dynamics in risk taking with a low-probability hazard," Journal of Risk and Uncertainty, Springer, vol. 55(1), pages 41-69, August.
    3. Clarke,Daniel Jonathan & Wren-Lewis,Liam, 2016. "Solving commitment problems in disaster risk finance," Policy Research Working Paper Series 7720, The World Bank.
    4. L. Franzoni, 2019. "Legal Change in the Face of Risk Averse Subjects: A Generalization of the Theory," Working Papers wp1132, Dipartimento Scienze Economiche, Universita' di Bologna.

  3. Steven Shavell, 2014. "Risk Aversion and the Desirability of Attenuated Legal Change," NBER Working Papers 19879, National Bureau of Economic Research, Inc.

    Cited by:

    1. Luigi Alberto Franzoni, 2024. "The attenuation of legal change," Working Papers wp1191, Dipartimento Scienze Economiche, Universita' di Bologna.
    2. L. Franzoni, 2019. "Legal Change in the Face of Risk Averse Subjects: A Generalization of the Theory," Working Papers wp1132, Dipartimento Scienze Economiche, Universita' di Bologna.
    3. Antoci, Angelo & Fiori Maccioni, Alessandro & Russu, Paolo & Sacco, Pier Luigi, 2022. "Curing is caring? Liability reforms, defensive medicine and malpractice litigation in a post-pandemic world," Socio-Economic Planning Sciences, Elsevier, vol. 80(C).
    4. L. A. Franzoni, 2016. "Correlated accidents," Working Papers wp1074, Dipartimento Scienze Economiche, Universita' di Bologna.

  4. A. Mitchell Polinsky & Steven Shavell, 2012. "Costly Litigation and Optimal Damages," NBER Working Papers 18594, National Bureau of Economic Research, Inc.

    Cited by:

    1. De Mot, Jef & Miceli, Thomas J., 2019. "The optimal adjustment to liability when litigation is costly: A note," International Review of Law and Economics, Elsevier, vol. 58(C), pages 127-131.
    2. Hylton, Keith N. & Zhang, Mengxi, 2017. "Optimal remedies for patent infringement," International Review of Law and Economics, Elsevier, vol. 52(C), pages 44-57.
    3. Amirhossein Fard & Ibrahim Siraj & Bin Wang, 2022. "Don't interfere with my rights! Employee rights violation and the cost of bank loans," Financial Markets, Institutions & Instruments, John Wiley & Sons, vol. 31(5), pages 239-258, December.
    4. Farmer Amy & Pecorino Paul, 2016. "Litigation with a Variable Cost of Trial," Review of Law & Economics, De Gruyter, vol. 12(2), pages 203-226, July.
    5. Charles F. Mason, 2017. "Public Policy Towards Offshore Oil Spills," CESifo Working Paper Series 6584, CESifo.
    6. Laux, Volker & Stocken, Phillip C., 2018. "Accounting standards, regulatory enforcement, and innovation," Journal of Accounting and Economics, Elsevier, vol. 65(2), pages 221-236.
    7. Omer Unsal & M. Kabir Hassan, 2020. "Employee lawsuits and capital structure," Review of Managerial Science, Springer, vol. 14(3), pages 663-704, June.

  5. Steven Shavell, 2012. "A Fundamental Enforcement Cost Advantage of the Negligence Rule over Regulation," NBER Working Papers 18418, National Bureau of Economic Research, Inc.

    Cited by:

    1. Yayun Shen & Michael Faure, 0. "Green building in China," International Environmental Agreements: Politics, Law and Economics, Springer, vol. 0, pages 1-17.
    2. Andrzej Baniak & Peter Grajzl, 2016. "Controlling Product Risks when Consumers Are Heterogeneously Overconfident: Producer Liability versus Minimum-Quality-Standard Regulation," Journal of Institutional and Theoretical Economics (JITE), Mohr Siebeck, Tübingen, vol. 172(2), pages 274-304, June.
    3. Baumann, Florian & Heine, Klaus, 2012. "Innovation, tort law, and competition," DICE Discussion Papers 78, Heinrich Heine University Düsseldorf, Düsseldorf Institute for Competition Economics (DICE).
    4. Yayun Shen & Michael Faure, 2021. "Green building in China," International Environmental Agreements: Politics, Law and Economics, Springer, vol. 21(2), pages 183-199, June.
    5. Andrzej Baniak & Peter Grajzl, 2014. "Controlling Product Risks when Consumers are Heterogeneously Overconfident: Producer Liability vs. Minimum Quality Standard Regulation," CESifo Working Paper Series 5003, CESifo.

  6. Steven Shavell, 2010. "Corrective Taxation versus Liability," NBER Working Papers 16234, National Bureau of Economic Research, Inc.

    Cited by:

    1. Mr. Michael Keen, 2011. "The Taxation and Regulation of Banks," IMF Working Papers 2011/206, International Monetary Fund.

  7. Steven Shavell, 2010. "The Corrective Tax versus Liability As Solutions to the Problem of Harmful Externalities," NBER Working Papers 16235, National Bureau of Economic Research, Inc.

    Cited by:

    1. Rupayan Pal & Bibhas Saha, 2014. "Mixed Duopoly and Environment," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 16(1), pages 96-118, February.

  8. Steven Shavell, 2007. "Eminent Domain Versus Government Purchase of Land Given Imperpect Information About Owners' Valuation," NBER Working Papers 13564, National Bureau of Economic Research, Inc.

    Cited by:

    1. Thomas J. Miceli & Kathleen Segerson & C. F. Sirmans, 2007. "Tax Motivated Takings," Working papers 2007-43, University of Connecticut, Department of Economics.

  9. Steven Shavell, 2007. "On Optimal Legal Change, Past Behavior, and Grandfathering," NBER Working Papers 13563, National Bureau of Economic Research, Inc.

    Cited by:

    1. Suyoun Han & Morris M. Kleiner, 2016. "Analyzing the Influence of Occupational Licensing Duration and Grandfathering on Labor Market Outcomes," NBER Working Papers 22810, National Bureau of Economic Research, Inc.
    2. Suyoun Han & Morris M. Kleiner, 2017. "Analyzing the Influence of Occupational Licensing Duration and Grandfathering on Labor Market Outcomes," Staff Report 556, Federal Reserve Bank of Minneapolis.

  10. A. Mitchell Polinsky & Steven Shavell, 2006. "Mandatory Versus Voluntary Disclosure of Product Risks," NBER Working Papers 12776, National Bureau of Economic Research, Inc.

    Cited by:

    1. Huan Cao & Yang Song & Xu Guan, 2025. "Quality Investment With Information Acquisition Transparency," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 46(7), pages 3998-4010, October.
    2. Muxin Li & Ksenia Shakhgildyan, 2025. "``Frenemy'' of Two Giants: Amazon and Apple," Working Papers 25-06, NET Institute.
    3. Schmitt, Stefanie Y. & Bruckner, Dominik, 2023. "Unaware consumers and disclosure of deficiencies," Games and Economic Behavior, Elsevier, vol. 142(C), pages 1018-1042.
    4. Iwata, Hiroki, 2014. "Disclosure of environmental information and investments of firms," MPRA Paper 54784, University Library of Munich, Germany.
    5. Li, Sanxi & Peitz, Martin & Zhao, Xiaojian, 2014. "Information Disclosure and Consumer Awareness," Working Papers 14-28, University of Mannheim, Department of Economics.
    6. Arnaud Dellis & Mandar Oak, 2020. "Subpoena power and informational lobbying," Journal of Theoretical Politics, , vol. 32(2), pages 188-234, April.
    7. Alexander E. Saak, 2017. "The Value of Delegated Quality Control," Journal of Industrial Economics, Wiley Blackwell, vol. 65(2), pages 309-335, June.
    8. Xiaoxuan Hou & Jiayi Yuan & Joel Z. Leibo & Natasha Jaques, 2024. "InvestESG: A multi-agent reinforcement learning benchmark for studying climate investment as a social dilemma," Papers 2411.09856, arXiv.org, revised Feb 2025.
    9. Leitner, Yaron & Yilmaz, Bilge, 2019. "Regulating a model," Journal of Financial Economics, Elsevier, vol. 131(2), pages 251-268.
    10. Yaron Yehezkel, 2014. "Motivating a Supplier to Test Product Quality," Journal of Industrial Economics, Wiley Blackwell, vol. 62(2), pages 309-345, June.
    11. Saak, Alexander E., 2016. "Delegation of quality control in value chains," IFPRI discussion papers 1526, International Food Policy Research Institute (IFPRI).
    12. Saak, Alexander E., "undated". "The Value of Delegated Quality Control and Market Size with an Application to Kyrgyzstan Dairy," 2016 Annual Meeting, July 31-August 2, Boston, Massachusetts 235707, Agricultural and Applied Economics Association.
    13. Dmitry Lubensky & Eric Schmidbauer, 2020. "Free Product Trials: Disclosing Quality And Match Value," Economic Inquiry, Western Economic Association International, vol. 58(4), pages 1565-1576, October.
    14. Andrew F. Daughety & Jennifer F. Reinganum, 2006. "Products Liability, Signaling and Disclosure," Vanderbilt University Department of Economics Working Papers 0625, Vanderbilt University Department of Economics.
    15. Andrew F. Daughety & Jennifer F. Reinganum, 2007. "Communicating Quality: A Unified Model of Disclosure and Signaling," Vanderbilt University Department of Economics Working Papers 0703, Vanderbilt University Department of Economics.
    16. Ghislandi, Simone & Kuhn, Michael, 2016. "Asymmetric information in the regulation of the access to markets," Department of Economics Working Paper Series 219, WU Vienna University of Economics and Business.
    17. Gérard Mondello, 2021. "Strict Liability, Scarce Generic Input and Duopoly Competition," GREDEG Working Papers 2021-24, Groupe de REcherche en Droit, Economie, Gestion (GREDEG CNRS), Université Côte d'Azur, France.
    18. Requate, Till & Friehe, Tim & Sengupta, Aditi, 2023. "Liability and the incentive to improve information about risk when injurers may be judgment-proof," International Review of Law and Economics, Elsevier, vol. 76(C).
    19. Florian Baumann & Tim Friehe, 2017. "On Adverse Effects of Consumers’ Attaching Greater Importance to Firms’ Ethical Conduct," Games, MDPI, vol. 8(3), pages 1-7, September.
    20. Kenneth S. Corts, 2014. "Finite Optimal Penalties for False Advertising," Journal of Industrial Economics, Wiley Blackwell, vol. 62(4), pages 661-681, December.
    21. Salvatore Piccolo & Piero Tedeschi & Giovanni Ursino, 2015. "Deceptive Advertising with Rational Buyers," DISCE - Working Papers del Dipartimento di Economia e Finanza def025, Università Cattolica del Sacro Cuore, Dipartimenti e Istituti di Scienze Economiche (DISCE).
    22. Versano, Tsahi, 2021. "Silence can be golden: On the value of allowing managers to keep silent when information is soft," Journal of Accounting and Economics, Elsevier, vol. 71(2).
    23. Salvatore Piccolo & Piero Tedeschi & Giovanni Ursino, 2015. "How limiting deceptive practices harms consumers," RAND Journal of Economics, RAND Corporation, vol. 46(3), pages 611-624, September.
    24. Junsheng Zhang & Xuefeng Jing & Yue Qi, 2024. "Disclosure frequency of parent company financial reporting: Insights from analyst forecasting accuracy," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 64(4), pages 3657-3683, December.
    25. Deversi, Marvin & Ispano, Alessandro & Schwardmann, Peter, 2021. "Spin doctors: An experiment on vague disclosure," European Economic Review, Elsevier, vol. 139(C).
    26. Tsz-Ning Wong & Lily Ling Yang & Andrey Zhukov, 2024. "Optimal Disclosure Mandate in Supply Chains," UB School of Economics Working Papers 2024/468, University of Barcelona School of Economics.
    27. Ibrahim Mohd Al Hamadsheh & Barjoyai Bin Bardai & Abdoul Rahman Mhd Al Jounaidi, 2020. "The Mediatory Effect of Voluntary Disclosure on the Relationship between Corporate Governance and Financial Performance: A Pilot Study," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 4(7), pages 325-331, July.
    28. Kenneth S. Corts, 2013. "Prohibitions on False and Unsubstantiated Claims: Inducing the Acquisition and Revelation of Information through Competition Policy," Journal of Law and Economics, University of Chicago Press, vol. 56(2), pages 453-486.
    29. Li, Sanxi & Peitz, Martin & Zhao, Xiaojian, 2010. "Worried about Adverse Product Effects? Information Disclosure and Consumer Awareness," TSE Working Papers 10-157, Toulouse School of Economics (TSE).
    30. Naemi Schäfer, 2023. "Making transparency transparent: a systematic literature review to define and frame supply chain transparency in the context of sustainability," Management Review Quarterly, Springer, vol. 73(2), pages 579-604, June.
    31. Matthias Dahm & Paula González & Nicolás Porteiro, 2018. "The Enforcement of Mandatory Disclosure Rules," Working Papers 18.09, Universidad Pablo de Olavide, Department of Economics.
    32. Yaron Leitner & Bilge Yilmaz, 2016. "Regulating A Model," Working Papers 16-31, Federal Reserve Bank of Philadelphia.
    33. Ibrahim Mohd Al Hamadsheh & Barjoyai Bin Bardai & Abdoul Rahman Mhd Al Jounaidi, 2020. "The Mediating Effect of Voluntary Disclosure on the Relationship between Corporate Governance and Financial Performance among Listed Jordanian Companies," International Journal of Research and Scientific Innovation, International Journal of Research and Scientific Innovation (IJRSI), vol. 7(7), pages 150-157, July.
    34. Aline Grahn, 2020. "Precision and Manipulation of Non‐financial Information: The Curious Case of Environmental Liability," Abacus, Accounting Foundation, University of Sydney, vol. 56(4), pages 495-534, December.
    35. Corts, Kenneth S., 2014. "The social value of information on product quality," Economics Letters, Elsevier, vol. 122(2), pages 140-143.
    36. Chen Chun-Yuan, 2016. "D&O Insurance, Corporate Governance and Mandatory Disclosure: An Empirical Legal Study of Taiwan," Asian Journal of Law and Economics, De Gruyter, vol. 7(1), pages 19-62, April.
    37. Pierre Fauvet & Sébastien Rouillon, 2016. "Would you trust lobbies?," Public Choice, Springer, vol. 167(3), pages 201-219, June.
    38. Schulte, Elisabeth & Friehe, Tim, 2025. "Disclosure depends on who listens: Revealing harm to consumers and competitors," VfS Annual Conference 2025 (Cologne): Revival of Industrial Policy 325372, Verein für Socialpolitik / German Economic Association.
    39. Arnaud Dellis & Mandar Oak, 2017. "Subpoena Power and Information Transmission," School of Economics and Public Policy Working Papers 2017-05, University of Adelaide, School of Economics and Public Policy.
    40. Alfredo Di Tillio & Marco Ottaviani & Peter Norman Sørensen, 2021. "Strategic Sample Selection," Econometrica, Econometric Society, vol. 89(2), pages 911-953, March.
    41. Herresthal, Claudia, 2022. "Hidden testing and selective disclosure of evidence," Journal of Economic Theory, Elsevier, vol. 200(C).

  11. Steven Shavell, 2005. "Liability for Accidents," NBER Working Papers 11781, National Bureau of Economic Research, Inc.

    Cited by:

    1. Tomas J. Philipson & Eric Sun, 2007. "Is the Food and Drug Administration Safe and Effective?," NBER Working Papers 13561, National Bureau of Economic Research, Inc.

  12. Steven Shavell, 2005. "Contracts, Holdup, and Legal Intervention," NBER Working Papers 11284, National Bureau of Economic Research, Inc.

    Cited by:

    1. Oliver Hart & John Moore, 2006. "Contracts as Reference Points," NBER Working Papers 12706, National Bureau of Economic Research, Inc.

  13. A. Mitchell Polinsky & Steven Shavell, 2005. "The Theory of Public Enforcement of Law," NBER Working Papers 11780, National Bureau of Economic Research, Inc.

    Cited by:

    1. Koyama, Mark, 2012. "The Law and Economics of Private Prosecutions in Industrial Revolution England," MPRA Paper 40500, University Library of Munich, Germany.
    2. Kjetil Telle, 2012. "Monitoring and enforcement of environmental regulations. Lessons from a natural field experiment in Norway," Discussion Papers 680, Statistics Norway, Research Department.
    3. Lasha Lanchava, 2013. "Free to Choose: An Experimental Investigation of the Value of Free Choice," CERGE-EI Working Papers wp492, The Center for Economic Research and Graduate Education - Economics Institute, Prague.
    4. Bård Harstad & Torben Mideksa, 2015. "Conservation Contracts and Political Regimes," CESifo Working Paper Series 5334, CESifo.
    5. Erkmen G. Aslim & Murat C. Mungan & Carlos I. Navarro & Han Yu, 2022. "The Effect of Public Health Insurance on Criminal Recidivism," Journal of Policy Analysis and Management, John Wiley & Sons, Ltd., vol. 41(1), pages 45-91, January.
    6. Antonio Nicita & Matteo Rizzolli, 2013. "In Dubio Pro Reo. Behavioral explanations of pro-defendant bias in procedures," BEMPS - Bozen Economics & Management Paper Series BEMPS04, Faculty of Economics and Management at the Free University of Bozen.
    7. A. Mitchell Polinsky & Steven Shavell, 2006. "Public Enforcement of Law," Discussion Papers 05-016, Stanford Institute for Economic Policy Research.
    8. Alfred Duncan & Charles Nola, 2017. "Disputes , Debt And Equity," Working Papers 2017_08, Business School - Economics, University of Glasgow.
    9. Arai, Yasuhiro, 2011. "Civil and criminal penalties for copyright infringement," Information Economics and Policy, Elsevier, vol. 23(3), pages 270-280.
    10. Gilles Grolleau & Murat C. Mungan & Naoufel Mzoughi, 2024. "Punishment menus and their deterrent effects: an exploratory analysis," European Journal of Law and Economics, Springer, vol. 58(1), pages 1-19, August.
    11. Andarge, Tihitina & Lichtenberg, Erik, "undated". "Regulated Firm Strategy under Uncertainty about Regulatory Status," 2018 Annual Meeting, August 5-7, Washington, D.C. 274420, Agricultural and Applied Economics Association.
    12. Šastitko, Andrej E., 2013. "Effects of third party errors," EconStor Preprints 121747, ZBW - Leibniz Information Centre for Economics.
    13. Feess, Eberhard & Sarel, Roee, 2022. "Optimal fine reductions for self-reporting: The impact of loss aversion," International Review of Law and Economics, Elsevier, vol. 70(C).
    14. Thomas J. Miceli, 2009. "Deterrence and Incapacitation Models of Criminal Punishment: Can the Twain Meet?," Working papers 2009-25, University of Connecticut, Department of Economics.
    15. Claude Fluet & Roberto Galbiati, 2015. "Lois et normes: les enseignements de l'économie comportementale," Cahiers de recherche 1510, CIRPEE.
    16. Gilles Grolleau & Murat Mungan & Naoufel Mzoughi, 2022. "Letting Offenders Choose Their Own Punishment ?," Post-Print hal-03694337, HAL.
    17. Hui, Kai-Lung & Zhou, Jiali, 2020. "The Economics of Hacking," MPRA Paper 102706, University Library of Munich, Germany.
    18. Jason DeBacker & Bradley T. Heim & Anh Tran & Alexander Yuskavage, 2015. "Legal Enforcement and Corporate Behavior: An Analysis of Tax Aggressiveness after an Audit," Journal of Law and Economics, University of Chicago Press, vol. 58(2), pages 291-324.
    19. Eide, Erling & Rubin, Paul H. & Shepherd, Joanna M., 2006. "Economics of Crime," Foundations and Trends(R) in Microeconomics, now publishers, vol. 2(3), pages 205-279, December.
    20. Chopard, Bertrand & Obidzinski, Marie, 2021. "Public law enforcement under ambiguity," International Review of Law and Economics, Elsevier, vol. 66(C).
    21. Louis Kaplow, 2017. "Optimal Multistage Adjudication," NBER Working Papers 23364, National Bureau of Economic Research, Inc.
    22. Benjamin Monnery & Saïd Souam & Anna Montagutelli, 2021. "Economie du travail en prison : enjeux, résultats et recommandations," EconomiX Working Papers 2021-26, University of Paris Nanterre, EconomiX.
    23. Mungan, Murat C., 2016. "A generalized model for reputational sanctions and the (ir)relevance of the interactions between legal and reputational sanctions," International Review of Law and Economics, Elsevier, vol. 46(C), pages 86-92.
    24. BOYER, Marcel & PORRINI, Donatella, 2010. "Optimal Liability Sharing and Court Errors : An Exploratory Analysis," Cahiers de recherche 05-2010, Centre interuniversitaire de recherche en économie quantitative, CIREQ.
    25. Tim Friehe, 2009. "Escalating penalties for repeat offenders: a note on the role of information," Journal of Economics, Springer, vol. 97(2), pages 165-183, June.
    26. Shastitko, A., 2011. "Errors of I and II Types in Economic Exchanges with Third Party Enforcement," Journal of the New Economic Association, New Economic Association, issue 10, pages 125-148.
    27. Thomas J. Miceli, 2008. "Deterrence, Incapacitation, and Repeat Offenders," Working papers 2008-44, University of Connecticut, Department of Economics.
    28. Robson Fernandes Soares & Edson Ronaldo Guarido Filho, 2021. "Anti-Corruption Enforcement and Organizations: A Narrative Review," RAC - Revista de Administração Contemporânea (Journal of Contemporary Administration), ANPAD - Associação Nacional de Pós-Graduação e Pesquisa em Administração, vol. 25(6), pages 190149-1901.
    29. Thomas J. Miceli, 2011. "The Use of Economics for Understanding Law: An Economist's View of the Cathedral," Working papers 2011-25, University of Connecticut, Department of Economics.
    30. Tim Reuter, 2013. "Endogenous Cartel Organization and Antitrust Fine Discrimination," Working Paper Series of the Department of Economics, University of Konstanz 2013-09, Department of Economics, University of Konstanz.
    31. Buehler, Stefan & Nicolas Eschenbaum, 2018. "Explaining Escalating Fines and Prices: The Curse of Positive Selection," Economics Working Paper Series 1807, University of St. Gallen, School of Economics and Political Science.
    32. Nicolas Gérard Vaillant & François-Charles Wolff, 2009. "Does punishment of minor sexual offences deter rapes? Longitudinal evidence from France," Working Papers hal-00424479, HAL.
    33. Laszlo Goerke, 2014. "Tax Evasion by Individuals," IAAEU Discussion Papers 201409, Institute of Labour Law and Industrial Relations in the European Union (IAAEU).
    34. Kaplow, Louis, 2017. "Optimal design of private litigation," Journal of Public Economics, Elsevier, vol. 155(C), pages 64-73.
    35. Ali al-Nowaihi & Sanjit Dhami, 2010. "Probability Weighting Functions," Discussion Papers in Economics 10/10, Division of Economics, School of Business, University of Leicester.
    36. Mungan, Murat C., 2014. "A behavioral justification for escalating punishment schemes," International Review of Law and Economics, Elsevier, vol. 37(C), pages 189-197.
    37. Lihi Dery & Dror Hermel & Artyom Jelnov, 2021. "Cheating in Ranking Systems," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 58(2), pages 303-320, March.
    38. Sanjit Dhami & Ali al-Nowaihi, 2011. "An extension of the Becker proposition to non-expected utility theory," Discussion Papers in Economics 11/41, Division of Economics, School of Business, University of Leicester.
    39. Tim Friehe & Thomas J. Miceli, 2014. "Marginal Deterrence When Offenders Act Sequentially," Working papers 2014-09, University of Connecticut, Department of Economics.
    40. Mungan, Murat C., 2017. "Reducing crime through expungements," Journal of Economic Behavior & Organization, Elsevier, vol. 137(C), pages 398-409.
    41. Baumann, Florian & Friehe, Tim, 2014. "Competitive Pressure and Corporate Crime," VfS Annual Conference 2014 (Hamburg): Evidence-based Economic Policy 100454, Verein für Socialpolitik / German Economic Association.
    42. Florian Baumann & Alexander Rasch, 2020. "Exposing false advertising," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 53(3), pages 1211-1245, August.
    43. Pradiptyo, Rimawan, 2011. "A Certain Uncertainty; Assessment of Court Decisions in Tackling Corruption in Indonesia," MPRA Paper 36382, University Library of Munich, Germany.
    44. Tim Friehe & Murat C. Mungan, 2021. "The political economy of enforcer liability for wrongful police stops," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 23(1), pages 141-157, February.
    45. Kristoffel Grechenig & Andreas Nicklisch & Christian Thöni, 2010. "Punishment despite Reasonable Doubt – A Public Goods Experiment with Uncertainty over Contributions," Discussion Paper Series of the Max Planck Institute for Behavioral Economics 2010_11, Max Planck Institute for Behavioral Economics.
    46. Bos, Iwan, 2021. "A Theory of “Too Big To Jail”," Research Memorandum 007, Maastricht University, Graduate School of Business and Economics (GSBE).
    47. Tihitina Andarge & Erik Lichtenberg, 2020. "Regulatory compliance under enforcement gaps," Journal of Regulatory Economics, Springer, vol. 57(3), pages 181-202, June.
    48. Mark Koyama, 2012. "Prosecution Associations in Industrial Revolution England: Private Providers of Public Goods?," The Journal of Legal Studies, University of Chicago Press, vol. 41(1), pages 95-130.
    49. Hakan İnal, 2015. "Voting over law enforcement: mission impossible," SERIEs: Journal of the Spanish Economic Association, Springer;Spanish Economic Association, vol. 6(3), pages 349-360, August.
    50. Abatemarco, Antonio & Cascavilla, Alessandro & Dell’Anno, Roberto & Morone, Andrea, 2023. "Maximal Fines and Corruption: An Experimental Study on Illegal Waste Disposal," MPRA Paper 118733, University Library of Munich, Germany.
    51. Tim Friehe & Thomas J. Miceli, 2016. "On Punishment Severity and Crime Rates," Working papers 2016-38, University of Connecticut, Department of Economics.
    52. Friehe, Tim & Miceli, Thomas J., 2015. "Focusing law enforcement when offenders can choose location," International Review of Law and Economics, Elsevier, vol. 42(C), pages 105-112.
    53. Louis Kaplow, 2017. "Optimal Multistage Adjudication," The Journal of Law, Economics, and Organization, Oxford University Press, vol. 33(4), pages 613-652.
    54. Buechel, Berno & Feess, Eberhard & Muehlheusser, Gerd, 2020. "Optimal law enforcement with sophisticated and naïve offenders," Journal of Economic Behavior & Organization, Elsevier, vol. 177(C), pages 836-857.
    55. Baker, Matthew J. & Miceli, Thomas J., 2021. "Crime, credible enforcement, and multiple equilibria," International Review of Law and Economics, Elsevier, vol. 68(C).
    56. Cardak, Buly A & Neelim, Ananta & Vecci, Joseph & Wu, Kevin, 2017. "Would I lie to you? Strategic deception in the face of uncertain penalties," Working Papers in Economics 689, University of Gothenburg, Department of Economics.
    57. Piter Abdullah, 2010. "Banking Crime Analysis And The Effectiveness Of Banking Supervision: Combining Game Theory And The Analytical Network Process Approach," Bulletin of Monetary Economics and Banking, Bank Indonesia, vol. 13(2), pages 215-234, October.
    58. Miceli, Thomas J. & Mungan, Murat C., 2021. "An economic theory of optimal enactment and enforcement of laws," International Review of Law and Economics, Elsevier, vol. 68(C).
    59. Deffains, Bruno & Espinosa, Romain & Fluet, Claude, 2019. "Laws and norms: Experimental evidence with liability rules," International Review of Law and Economics, Elsevier, vol. 60(C).
    60. Coşgel, Metin M. & Etkes, Haggay & Miceli, Thomas J., 2011. "Private law enforcement, fine sharing, and tax collection: Theory and historical evidence," Journal of Economic Behavior & Organization, Elsevier, vol. 80(3), pages 546-552.
    61. Alfredo Dammert & Arturo Vásquez & Raúl García & Victor Zurita & Humberto Ortiz & Erix Ruiz, 2011. "¿Cuál Es El Costo De La Contaminación Ambiental Minerasobre Los Recursos Hídricos En El Perú?: Comentarios," Documentos de Trabajo / Working Papers 2011-326, Departamento de Economía - Pontificia Universidad Católica del Perú.
    62. Bruno Deffains & Claude Fluet, 2013. "The Role of Social Image Concerns in the Design of Legal Regimes," Cahiers de recherche 1321, CIRPEE.
    63. Matteo Rizzolli & Luca Stanca, 2009. "Judicial Errors and Crime Deterrence: Theory and Experimental Evidence," Working Papers 170, University of Milano-Bicocca, Department of Economics, revised Aug 2009.
    64. Thomas J. Miceli, 2014. "Economic Models of Law," Working papers 2014-13, University of Connecticut, Department of Economics.
    65. Franziska Weber, 2015. "Is ADR the Superior Mechanism for Consumer Contractual Disputes?—an Assessment of the Incentivizing Effects of the ADR Directive," Journal of Consumer Policy, Springer, vol. 38(3), pages 265-285, September.
    66. Moritz Birgit & Becker Martin & Schmidtchen Dieter, 2018. "Measuring the Deterrent Effect of European Cartel Law Enforcement," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 18(3), pages 1-27, July.
    67. Florian Baumann & Tim Friehe, 2014. "Regulating harmless activity to fight crime," Journal of Economics, Springer, vol. 113(1), pages 79-95, September.
    68. Eksi, Ozan & Gurdal, Mehmet Y. & Orman, Cuneyt, 2017. "Fines versus prison for the issuance of bad checks: Evidence from a policy shift in Turkey," Journal of Economic Behavior & Organization, Elsevier, vol. 143(C), pages 9-27.
    69. Cecchi, Francesco & Melesse, Mequanint Biset, 2016. "Formal law and customary change: A lab-in-field experiment in Ethiopia," Journal of Economic Behavior & Organization, Elsevier, vol. 125(C), pages 67-85.
    70. Sang-Hyun Kim, 2015. "Time to Come Clean? Disclosure and Inspection Policies for Green Production," Operations Research, INFORMS, vol. 63(1), pages 1-20, February.
    71. Kristoffel Grechenig & Andreas Nicklisch & Christian Thöni, 2010. "Punishment Despite Reasonable Doubt—A Public Goods Experiment with Sanctions Under Uncertainty," Journal of Empirical Legal Studies, John Wiley & Sons, vol. 7(4), pages 847-867, December.
    72. Ullman, Darin F., 2016. "Locked and not loaded: First time offenders and state ignition interlock programs," International Review of Law and Economics, Elsevier, vol. 45(C), pages 1-13.
    73. Mongrain, Steeve & Roberts, Joanne, 2009. "Plea bargaining with budgetary constraints," International Review of Law and Economics, Elsevier, vol. 29(1), pages 8-12, March.
    74. Thomas J. Miceli & Murat C. Mungan, 2021. "The limit of law: factors influencing the decision to make harmful acts illegal," Economics of Governance, Springer, vol. 22(3), pages 293-307, September.
    75. Mark Koyama, 2014. "The law & economics of private prosecutions in industrial revolution England," Public Choice, Springer, vol. 159(1), pages 277-298, April.
    76. Pradiptyo, Rimawan, 2012. "Does Corruption Pay in Indonesia? If So, Who are Benefited the Most?," MPRA Paper 41384, University Library of Munich, Germany.
    77. Lando, Henrik & Mungan, Murat C., 2018. "The effect of type-1 error on deterrence," International Review of Law and Economics, Elsevier, vol. 53(C), pages 1-8.
    78. Kuhn, Michael & Siciliani, Luigi, 2013. "Manipulation and auditing of public sector contracts," European Journal of Political Economy, Elsevier, vol. 32(C), pages 251-267.
    79. Coşgel, Metin & Miceli, Thomas J., 2018. "The price of redemption: Sin, penance, and marginal deterrence," Journal of Economic Behavior & Organization, Elsevier, vol. 156(C), pages 206-218.
    80. Friehe, Tim, 2008. "Optimal sanctions and endogeneity of differences in detection probabilities," International Review of Law and Economics, Elsevier, vol. 28(2), pages 150-155, June.
    81. Franklin E. Zimring & Jeffrey Fagan & David T. Johnson, 2010. "Executions, Deterrence, and Homicide: A Tale of Two Cities," Journal of Empirical Legal Studies, John Wiley & Sons, vol. 7(1), pages 1-29, March.
    82. Louis Kaplow, 2011. "On the Optimal Burden of Proof," Journal of Political Economy, University of Chicago Press, vol. 119(6), pages 1104-1140.
    83. Sophia du Plessis & Ada Jansen & Krige Siebrits, 2019. "The limits of laws: traffic law enforcement in South Africa," Working Papers 08/2019, Stellenbosch University, Department of Economics, revised 2019.
    84. Ali al-Nowaihi & Sanjit Dhami, 2010. "Composite Prospect Theory: A proposal to combine ‘prospect theory’ and ‘cumulative prospect theory’," Discussion Papers in Economics 10/11, Division of Economics, School of Business, University of Leicester.
    85. Arbex, Marcelo & Turdaliev, Nurlan, 2011. "Optimal monetary and audit policy with imperfect taxation," Journal of Macroeconomics, Elsevier, vol. 33(2), pages 327-340, June.
    86. Schmitz, Patrick W., 2014. "Overdeterrence of repeat offenders when penalties for first-time offenders are restricted," CEPR Discussion Papers 10249, C.E.P.R. Discussion Papers.
    87. Baumann, Florian & Friehe, Tim, 2012. "Self-report to self-control? A note," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 41(5), pages 727-729.
    88. Roee Sarel, 2022. "Crime and punishment in times of pandemics," European Journal of Law and Economics, Springer, vol. 54(2), pages 155-186, October.
    89. Lundberg, Alexander & Mungan, Murat, 2022. "The effect of evidentiary rules on conviction rates," Journal of Economic Behavior & Organization, Elsevier, vol. 203(C), pages 563-576.
    90. Benito Arruñada, 2021. "Umbrales y excepciones como fallo regulatorio," Studies on the Spanish Economy eee2021-20, FEDEA.
    91. Boyer, Marcel & Porrini, Donatella, 2011. "The impact of court errors on liability sharing and safety regulation for environmental/industrial accidents," International Review of Law and Economics, Elsevier, vol. 31(1), pages 21-29, March.
    92. Arbex, Marcelo & Villamil, Anne P., 2009. "On the Optimality of the Friedman Rule with Costly Tax Enforcement," The Journal of Economic Asymmetries, Elsevier, vol. 6(2), pages 7-30.
    93. Mungan Murat C., 2020. "The Optimal Standard of Proof with Adjudication Avoidance," Review of Law & Economics, De Gruyter, vol. 16(1), pages 1-7, March.
    94. Friehe, Tim & Tabbach, Avraham, 2013. "Preventive enforcement," International Review of Law and Economics, Elsevier, vol. 35(C), pages 1-12.
    95. Syed Asad Abbas Bokhari, 2023. "A Quantitative Study on the Factors Influencing Implementation of Cybersecurity Laws and Regulations in Pakistan," Social Sciences, MDPI, vol. 12(11), pages 1-21, November.
    96. Marchegiani, Lucia & Reggiani, Tommaso G. & Rizzolli, Matteo, 2011. "How Unjust! An Experimental Investigation of Supervisors' Evaluation Errors and Agents' Incentives," IZA Discussion Papers 6254, IZA Network @ LISER.
    97. Thomas J. Miceli & Matthew J. Baker, 2013. "Introduction to: Research Handbook on Economic Models of Law," Working papers 2013-07, University of Connecticut, Department of Economics.
    98. Miceli Thomas J., 2012. "Deterred or Detained? A Unified Model of Criminal Punishment," Review of Law & Economics, De Gruyter, vol. 8(1), pages 1-20, March.
    99. Kjetil Telle, 2009. "The threat of regulatory environmental inspection: impact on plant performance," Journal of Regulatory Economics, Springer, vol. 35(2), pages 154-178, April.
    100. Kryuchkova, P. & Avdasheva, S., 2012. "Public and Private Enforcement of Law under the High Risk of Type I Errors: the Russian Case," Journal of the New Economic Association, New Economic Association, vol. 15(3), pages 114-140.
    101. Massimo Finocchiaro Castro & Calogero Guccio, 2014. "Searching for the source of technical inefficiency in Italian judicial districts: an empirical investigation," European Journal of Law and Economics, Springer, vol. 38(3), pages 369-391, December.
    102. Adeline Delavande & Dana Goldman & Neeraj Sood, 2010. "Criminal Prosecution and Human Immunodeficiency Virus-Related Risky Behavior," Journal of Law and Economics, University of Chicago Press, vol. 53(4), pages 741-782.
    103. Miceli, Thomas J., 2010. "A model of criminal sanctions that incorporate both deterrence and incapacitation," Economics Letters, Elsevier, vol. 107(2), pages 205-207, May.
    104. Bruno Deffains & Claude Fluet, 2015. "Social Norms and Legal Design," Cahiers de recherche 1520, CIRPEE.
    105. Pedro Herrera & Oscar Millones, 2011. "¿Cuál Es El Costo De La Contaminación Ambiental Minera Sobre Los Recursos Hídricos En El Perú?," Documentos de Trabajo / Working Papers 2011-321, Departamento de Economía - Pontificia Universidad Católica del Perú.
    106. Telle, Kjetil, 2013. "Monitoring and enforcement of environmental regulations," Journal of Public Economics, Elsevier, vol. 99(C), pages 24-34.
    107. Mungan, Murat C., 2015. "Wrongful convictions and the punishment of attempts," International Review of Law and Economics, Elsevier, vol. 42(C), pages 79-87.
    108. Friehe Tim & Mungan Murat C., 2020. "A Note on Productive and Dynamic Inefficiencies of Intermediate Regulatory Sanctions," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 20(1), pages 1-8, January.
    109. Thomas Lionel, 2015. "Optimal Marginal Deterrence and Incentives for Precaution," Review of Law & Economics, De Gruyter, vol. 11(3), pages 409-433, November.
    110. Ajit Mishra & Andrew Samuel, 2020. "Does it matter who extorts? Extortion by competent and incompetent enforcers," IEG Working Papers 391, Institute of Economic Growth.
    111. Sanjit Dhami & Ali al-Nowaihi, 2011. "Hyperbolic Punishment Function," Discussion Papers in Economics 11/42, Division of Economics, School of Business, University of Leicester.
    112. Yehonatan Givati, 2016. "A Theory of Whistleblower Rewards," The Journal of Legal Studies, University of Chicago Press, vol. 45(1), pages 43-72.
    113. Piter Abdullah, 2010. "Kejahatan Perbankan dan Efektivitas Pengawasan Perbankan: Menggabungkan Teori Permainan dan Pendekatan Analytical Network Process," Bulletin of Monetary Economics and Banking, Bank Indonesia, vol. 13(2), pages 215-234, October.
    114. Christmann Robin, 2015. "Tipping the Scales – Settlement, Appeal and the Relevance of Judicial Ambition," Review of Law & Economics, De Gruyter, vol. 11(2), pages 171-207, July.
    115. Derek Pyne, 2010. "When is it efficient to treat juvenile offenders more leniently than adult offenders?," Economics of Governance, Springer, vol. 11(4), pages 351-371, November.
    116. Thomas J. Miceli, 2021. "Should Offenders’ Gains Be Counted? On Efficient Crimes and Unjust Laws," Working papers 2021-02, University of Connecticut, Department of Economics.
    117. Dechenaux Emmanuel & Samuel Andrew, 2019. "Announced or Surprise Inspections and Oligopoly Competition," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 19(1), pages 1-20, January.
    118. Richard Dennis & Tatiana Kirsanova, 2014. "Computing Markov-Perfect Optimal Policies in Business-Cycle Models," Working Papers 2014_21, Business School - Economics, University of Glasgow.
    119. Gupta, Aastha, 2023. "Deceptive advertising, regulation and naive consumers," International Journal of Industrial Organization, Elsevier, vol. 91(C).
    120. Mungan, Murat C., 2019. "Salience and the severity versus the certainty of punishment," International Review of Law and Economics, Elsevier, vol. 57(C), pages 95-100.

  14. Steven Shavell, 2004. "The Appeals Process and Adjudicator Incentives," NBER Working Papers 10754, National Bureau of Economic Research, Inc.

    Cited by:

    1. Mat McCubbins & Roger Noll & Barry Weingast, 2005. "The Political Economy of Law: Decision-Making by Judicial, Legislative, Executive and Administrative Agencies," Discussion Papers 04-035, Stanford Institute for Economic Policy Research.
    2. Magnus Söderberg & Flavio Menezes & Miguel Santolino, 2013. "Regulatory behaviour under threat of court reversal," Working Papers hal-00874878, HAL.
    3. Will, Birgit E. & Schmidtchen, Dieter, 2008. "Fighting cartels: some economics of council regulation (EC) 1/2003," CSLE Discussion Paper Series 2008-02, Saarland University, CSLE - Center for the Study of Law and Economics.
    4. Rousseau Sandra & Billiet Carole, 2005. "How to determine fining behaviour in court? Game theoretical and empirical analysis," Energy, Transport and Environment Working Papers Series ete0510, KU Leuven, Department of Economics - Research Group Energy, Transport and Environment.

  15. Steven Shavell, 2004. "Minimum Asset Requirements and Compulsory Liability Insurance As Solutions to the Judgment-Proof Problem," NBER Working Papers 10341, National Bureau of Economic Research, Inc.

    Cited by:

    1. Che, Yeon-Koo & Spier, Kathryn, 2006. "Strategic Judgment Proofing," MPRA Paper 6100, University Library of Munich, Germany.
    2. James A. Brickley & Susan F. Lu & Gerard J. Wedig, 2022. "Are firms with ‘deep pockets’ more responsive to tort liability? Evidence from nursing homes," Health Economics, John Wiley & Sons, Ltd., vol. 31(8), pages 1590-1617, August.
    3. Francisco Ramos Romeu, 2010. "An economic theory of the regulation of preliminary measures," European Journal of Law and Economics, Springer, vol. 30(3), pages 267-300, December.
    4. Spagnolo, Giancarlo & Buccirossi, Paolo, 2006. "Optimal Fines in the Era of Whistleblowers," CEPR Discussion Papers 5465, C.E.P.R. Discussion Papers.
    5. G. Dari Mattiacci & G.G.A. de Geest, 2004. "When Will Judgment Proof Injurers Take Too Much Precaution?," Working Papers 04-27, Utrecht School of Economics.
    6. Juan José Ganuza & Fernando Gómez, 2003. "Optimal negligence rule under limited liability," Economics Working Papers 759, Department of Economics and Business, Universitat Pompeu Fabra, revised May 2004.

  16. Steven Shavell, 2003. "Economic Analysis of Welfare Economics, Morality and the Law," NBER Working Papers 9700, National Bureau of Economic Research, Inc.

    Cited by:

    1. Faisal Jamil & Eatzaz Ahmad, 2013. "An Economic Investigation of Corruption and Electricity Theft," PIDE-Working Papers 2013:92, Pakistan Institute of Development Economics.

  17. Steven Shavell, 2003. "Economic Analysis of Property Law," NBER Working Papers 9695, National Bureau of Economic Research, Inc.

    Cited by:

    1. Giovanni Maggi & Robert W. Staiger, 2009. "Breach, Remedies and Dispute Settlement in Trade Agreements," Cowles Foundation Discussion Papers 1735, Cowles Foundation for Research in Economics, Yale University.
    2. Saleh, Jahangir, 2004. "Property rights institutions and investment," Policy Research Working Paper Series 3311, The World Bank.
    3. Deininger, Klaus & Jin, Songqing, 2009. "Securing property rights in transition: Lessons from implementation of China's rural land contracting law," Journal of Economic Behavior & Organization, Elsevier, vol. 70(1-2), pages 22-38, May.
    4. Deininger, Klaus, 2010. "Towards sustainable systems of land administration: Recent evidence and challenges for Africa," African Journal of Agricultural and Resource Economics, African Association of Agricultural Economists, vol. 5(01), pages 1-22, September.

  18. Steven Shavell, 2003. "Economic Analysis of Accident Law," NBER Working Papers 9483, National Bureau of Economic Research, Inc.

    Cited by:

    1. Pablo Salvador-Coderch & Nuno Garoupa & Carlos Gómez-Ligüerre, 2009. "Scope of liability: the vanishing distinction between negligence and strict liability," European Journal of Law and Economics, Springer, vol. 28(3), pages 257-287, December.
    2. Thomas J. Miceli & Kathleen Segerson, 2001. "Should Victims of Exposure to a Toxic Substance Have an Independent Claim for Medical Monitoring?," Working papers 2002-41, University of Connecticut, Department of Economics, revised Jan 2002.
    3. Issa ZONGO, 2025. "Microeconomics in active pedagogy applied to the African contexte [La microéconomie en pédagogie active et appliquée au contexte africain]," Post-Print hal-04993357, HAL.
    4. Steven Shavell, 2007. "On Optimal Legal Change, Past Behavior, and Grandfathering," NBER Working Papers 13563, National Bureau of Economic Research, Inc.
    5. Lando, Henrik, 2000. "The Optimal Standard of Proof in Criminal Law When Both Fairness and Deterrence Matter," Working Papers 2000-7, Copenhagen Business School, Department of Finance.
    6. G. Dari Mattiacci & G.G.A. de Geest, 2004. "The Filtering Effect of Sharing Rules," Working Papers 04-17, Utrecht School of Economics.
    7. Satish K. Jain & Rajendra P. Kundu, 2004. "Economic Efficiency, Distributive Justice and Liability Rules," Working papers 130, Centre for Development Economics, Delhi School of Economics.
    8. Ram Singh, 2005. "Comparative Causation -- A Re-examination," Working papers 139, Centre for Development Economics, Delhi School of Economics.
    9. Juan José Ganuza & Fernando Gómez, 2002. "Caution, children crossing: Heterogeneity of victim's cost of care and negligence rule," Economics Working Papers 666, Department of Economics and Business, Universitat Pompeu Fabra.
    10. Louis Kaplow & Steven Shavell, 1993. "Accuracy in the Assessment of Damages," NBER Working Papers 4287, National Bureau of Economic Research, Inc.
    11. Alma Cohen & Rajeev Dehejia, 2003. "The Effect of Automobile Insurance and Accident Liability Laws in Traffic Fatalities," NBER Working Papers 9602, National Bureau of Economic Research, Inc.
    12. Guiseppe Dari Mattiaci & F. Parisi, 2003. "The Economics of Tort Law: A Précis," Working Papers 03-13, Utrecht School of Economics.
    13. Terence Centner, 2010. "New state liability exceptions for agritourism activities and the use of liability releases," Agriculture and Human Values, Springer;The Agriculture, Food, & Human Values Society (AFHVS), vol. 27(2), pages 189-198, June.
    14. Ram Singh, 2001. "Effects of Courts' Errors on Efficiency of Liability Rules: When Individuals are Imperfectly Informed," Working papers 97, Centre for Development Economics, Delhi School of Economics.
    15. Edward L. Glaeser & Andrei Shleifer, 2001. "The Rise of the Regulatory State," NBER Working Papers 8650, National Bureau of Economic Research, Inc.
    16. Schweizer, Urs, 2006. "Tortious Acts Affecting Markets," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 106, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
    17. Dhammika Dharmapala & Sandra A. Hoffmann, 2002. "Bilateral Accidents with Intrinsically Interdependent Costs of Precaution," Working papers 2002-11, University of Connecticut, Department of Economics.
    18. Dominique Demougin, 2004. "Ärzte unterschiedlicher Sorgfaltswaltung, fehlerhafte Gerichte und der Fahrlässigkeitsstandard: Korreferat zum Beitrag von Anja Olbrich: "Der Einfluss von Haftungsunsicherheit auf den Sorgfaltsstandard"," Vierteljahrshefte zur Wirtschaftsforschung / Quarterly Journal of Economic Research, DIW Berlin, German Institute for Economic Research, vol. 73(4), pages 575-578.
    19. G.G.A. de Geest & G. Dari Mattiacci, 2005. "Soft Regulators, tough judges," Working Papers 05-06, Utrecht School of Economics.
    20. Louis Kaplow, 2003. "Transition Policy: A Conceptual Framework," NBER Working Papers 9596, National Bureau of Economic Research, Inc.
    21. Dominique Demougin & Claude Fluet, 1997. "Monitoring versus Incentives: Substitutes or Complements?," Cahiers de recherche CREFE / CREFE Working Papers 47, CREFE, Université du Québec à Montréal.
    22. Ephraim Clark & Gérard Mondello, 2000. "Water Management in France: Delegation and Irreversibility," Journal of Applied Economics, Universidad del CEMA, vol. 3, pages 325-352, November.
    23. Sunil Kumar & Vipin Kumar Meena, 2022. "Credit Risk and financial performance banks: a panel data analysis," International Journal of Accounting, Business and Finance, Indian Accounting Association, Patna Branch, vol. 1(2), pages 36-47.
    24. Hoffmann, Sandra & Hanemann, W. Michael, 2005. "Torts and the Protection of "Legally Recognized" Interests," RFF Working Paper Series dp-05-21, Resources for the Future.
    25. Thomas J. Miceli & Kathleen Segerson, 2001. "A Note on Optimal Care by Wealth-Constrained Injurers," Working papers 2002-44, University of Connecticut, Department of Economics, revised May 2002.
    26. Mingli Zheng, 2003. "Liability Rules and Evolutionay Dynamics," Law and Economics 0312001, University Library of Munich, Germany.
    27. Marie-Cécile Fagart & Claude Fluet, 2007. "Liability Insurance under the Negligence Rule," Cahiers de recherche 0730, CIRPEE.
    28. Ram Singh, 2001. "Efficient Liability Rules When Courts Make Errors in Estimation of the Harm : Complete Characterization," Working papers 99, Centre for Development Economics, Delhi School of Economics.
    29. A. Mitchell Polinsky & Steven Shavell, 2006. "Mandatory Versus Voluntary Disclosure of Product Risks," NBER Working Papers 12776, National Bureau of Economic Research, Inc.
    30. Janet Currie & W. Bentley MacLeod, 2006. "First Do No Harm?: Tort Reform and Birth Outcomes," NBER Working Papers 12478, National Bureau of Economic Research, Inc.
    31. Ram Singh, 2002. "Characterization of Efficient Product Liability Rules: When Consumers are Imperfectly Informed," Working papers 110, Centre for Development Economics, Delhi School of Economics.
    32. Satish Jain, 2006. "Efficiency of liability rules: A reconsideration," The Journal of International Trade & Economic Development, Taylor & Francis Journals, vol. 15(3), pages 359-373.
    33. George A. Schieren, 2007. "Economic Efficiency and Damage Awards in Personal Injury Torts," Working Papers 07-08, Department of Economics, Appalachian State University.
    34. Eirik Amundsen, 1992. "Optimal failure rates and penalty-bonus policies in the offshore petroleum sector," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 2(5), pages 469-489, September.
    35. Hans-Bernd Schäfer & Jochen Bigus, "undated". "Die Haftung des Wirtschaftsprüfers am Primär- und am Sekundärmarkt - eine rechtsökonomische Analyse," German Working Papers in Law and Economics 2005-1-1122, Berkeley Electronic Press.
    36. Nicola Gennaioli & Andrei Shleifer, 2006. "Judicial Fact Discretion," NBER Working Papers 12679, National Bureau of Economic Research, Inc.
    37. Price Fishback, 2005. "The Irony of Reform: Did Large Employers Subvert Workplace Safety Reform, 1869 to 1930?," NBER Working Papers 11058, National Bureau of Economic Research, Inc.
    38. Michelle J. White, 2002. "The "Arms Race" on American Roads: The Effect of Heavy Vehicles on Traffic Safety and the Failure of Liability Rules," NBER Working Papers 9302, National Bureau of Economic Research, Inc.
    39. Joshua Graff Zivin & Richard Just & David Zilberman, 2003. "Risk Aversion, Liability Rules, and Safety," NBER Working Papers 9678, National Bureau of Economic Research, Inc.
    40. Paul Fenn & Alastair Gray & Neil Rickman, 2004. "Liability, insurance and defensive medicine: new evidence," School of Economics Discussion Papers 0304, School of Economics, University of Surrey.
    41. González, Patrick, 2003. "Optimal Assignment of Liabilities," Cahiers de recherche 0305, GREEN.
    42. De Chiara, Alessandro & Elizalde, Idoia & Manna, Ester & Segura-Moreiras, Adrian, 2021. "Car accidents in the age of robots," International Review of Law and Economics, Elsevier, vol. 68(C).
    43. Claude Fluet, 2006. "Liability Rules under Evidentiary Uncertainty," Cahiers de recherche 0606, CIRPEE.
    44. Claude Fluet, 2002. "Assurance de responsabilité et aléa moral dans les régimes de responsabilité objective et pour faute," Cahiers de recherche CREFE / CREFE Working Papers 149, CREFE, Université du Québec à Montréal.
    45. Ram Singh, 2006. "On the Existence and Efficiency of Equilibria Under Liability Rules," NBER Working Papers 12625, National Bureau of Economic Research, Inc.
    46. Michelle J. White, 2004. "Asbestos and the Future of Mass Torts," NBER Working Papers 10308, National Bureau of Economic Research, Inc.
    47. James BARRETT & Kathleen SEGERSON, "undated". "Prevention And Treatment In Food Safety: An Analysis Of Conceptual Issues," Department of Resource Economics Regional Research Project 9521, University of Massachusetts.
    48. Henry van Egteren & R. Smith, 2002. "Environmental Regulations Under Simple Negligence or Strict Liability," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 21(4), pages 367-394, April.
    49. Patrick González, 2004. "Nash Implementable Liability Rules for Judgement-Proof Injurers," CIRANO Working Papers 2004s-58, CIRANO.
    50. Kathleen Segerson & JunJie Wu, 2003. "Nonpoint Pollution Control: Inducing First-best Outcomes through the Use of Threats," Working papers 2003-03, University of Connecticut, Department of Economics, revised Aug 2004.

  19. Steven Shavell, 2003. "Economic Analysis of the General Structure of the Law," NBER Working Papers 9699, National Bureau of Economic Research, Inc.

    Cited by:

    1. Germani, Anna Rita & Morone, Andrea & Morone, Piergiuseppe & Scaramozzino, Pasquale, 2013. "Discretionary enforcement and strategic interactions between firms, regulatory agency and justice department: a theoretical and empirical investigation," MPRA Paper 51369, University Library of Munich, Germany.
    2. Germani, Anna Rita & Morone, Andrea & Morone, Piergiuseppe, 2009. "Investigating Discretionary Environmental Enforcement: a pilot experiment," MPRA Paper 12735, University Library of Munich, Germany.

  20. Steven Shavell, 2003. "On the Writing and the Interpretation of Contracts," NBER Working Papers 10094, National Bureau of Economic Research, Inc.

    Cited by:

    1. Anderlini, Luca & Felli, Leonardo & Postlewaite, Andrew, 2004. "Should Courts Always Enforce What Contracting Parties Write?," CEPR Discussion Papers 4197, C.E.P.R. Discussion Papers.
    2. Mitchell Berlin & Yaron Leitner, 2005. "Courts and contractual innovation: a preliminary analysis," Working Papers 05-27, Federal Reserve Bank of Philadelphia.

  21. Louis Kaplow & Steven Shavell, 2003. "Fairness Versus Welfare: Notes on the Pareto Principle, Preferences, and Distributive Justice," NBER Working Papers 9622, National Bureau of Economic Research, Inc.

    Cited by:

    1. Antonides, Gerrit & Kroft, Maaike, 2005. "Fairness judgments in household decision making," Journal of Economic Psychology, Elsevier, vol. 26(6), pages 902-913, December.
    2. Noemi Florea, 2020. "The Public’s Guide to Climate Change Mitigation: Contemporary Crises," Proceedings of the 17th International RAIS Conference, June 1-2, 2020 028nf, Research Association for Interdisciplinary Studies.
    3. Manuel Couret Branco, 2007. "Economics Against Human Rights," Economics Working Papers 02_2007, University of Évora, Department of Economics (Portugal).
    4. Rossi, Enrico, 2020. "Reconsidering the dual nature of property rights: personal property and capital in the law and economics of property rights," LSE Research Online Documents on Economics 105840, London School of Economics and Political Science, LSE Library.
    5. Mongin, Philippe, 2019. "Interview of Peter J. Hammond," CRETA Online Discussion Paper Series 50, Centre for Research in Economic Theory and its Applications CRETA.
    6. Moreno-Ternero, Juan D. & Østerdal, Lars Peter, 2024. "Setting Limits for the Principle of Equal Entitlement to Continued Life," Working Papers 18-2024, Copenhagen Business School, Department of Economics.
    7. Jeffrey Wagner & Luiz Freitas, 2007. "Capturing moral economic context," Economics Bulletin, AccessEcon, vol. 4(14), pages 1-10.
    8. Manuel Couret Branco, 2006. "The Right to Work and the Political Economy of Human Rights," Economics Working Papers 08_2006, University of Évora, Department of Economics (Portugal).
    9. Krecke, Elisabeth, 2003. "Economic analysis and legal pragmatism," International Review of Law and Economics, Elsevier, vol. 23(4), pages 421-437, December.
    10. Mikolaj Rylski, 2021. "On Fairness and Moral Force of the Employment Contract in the Post-Industrial Era," European Research Studies Journal, European Research Studies Journal, vol. 0(1), pages 461-477.
    11. Safarzyńska, Karolina, 2013. "Evolutionary-economic policies for sustainable consumption," Ecological Economics, Elsevier, vol. 90(C), pages 187-195.
    12. Mark White, 2004. "Preaching to the choir: A response to Kaplow and Shavell's Fairness Versus Welfare," Review of Political Economy, Taylor & Francis Journals, vol. 16(4), pages 507-515.
    13. Olivier STERCK & Olivia D’AOUST, 2012. "Who Benefits from Customary Justice? Rent-seeking, Bribery and Criminality in Sub-Saharan Africa," LIDAM Discussion Papers IRES 2012015, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
    14. Sergey Belozyorov & Zhanna Pisarenko, 2015. "Pension Reforms in Countries with Developed and Transitional Economies," Economy of region, Centre for Economic Security, Institute of Economics of Ural Branch of Russian Academy of Sciences, vol. 1(4), pages 158-169.
    15. Aaron Nicholas & Birendra Rai, 2019. "Are Efficient Bargaining Power Disparities Unfair? An Experimental Test," Monash Economics Working Papers 02-19, Monash University, Department of Economics.
    16. Yi Li, 2019. "Apportioning indivisible damage and strategic diffusion of pollution abatement technology," Journal of Economics, Springer, vol. 126(1), pages 19-42, January.

  22. Steven Shavell, 2003. "Economic Analysis of Public Law Enforcement and Criminal Law," NBER Working Papers 9698, National Bureau of Economic Research, Inc.

    Cited by:

    1. Motta, Alberto & Burlando, Alfredo, 2007. "Self reporting reduces corruption in law enforcement," MPRA Paper 5332, University Library of Munich, Germany, revised 23 Jun 2007.

  23. Steven Shavell, 2003. "Economic Analysis of Litigation and the Legal Process," NBER Working Papers 9697, National Bureau of Economic Research, Inc.

    Cited by:

    1. Hemant Kushwaha & Sanjay Kumar Mishra & Manoj Kumar, 2023. "Management of litigation risk by Indian MSMEs," Journal of Financial Services Marketing, Palgrave Macmillan, vol. 28(2), pages 321-336, June.
    2. Neşve A. Turan Brewster & Peter D. Goldsmith, 2007. "Legal systems, institutional environment, and food safety," Agricultural Economics, International Association of Agricultural Economists, vol. 36(1), pages 23-38, January.
    3. Sergey Stepanov, 2007. "Shareholder Access to Manager-Biased Courts and the Monitoring/Litigation Tradeoff," Working Papers w0106, New Economic School (NES).
    4. Kryuchkova, P. & Avdasheva, S., 2012. "Public and Private Enforcement of Law under the High Risk of Type I Errors: the Russian Case," Journal of the New Economic Association, New Economic Association, vol. 15(3), pages 114-140.

  24. Steven Shavell, 2003. "Economic Analysis of Contract Law," NBER Working Papers 9696, National Bureau of Economic Research, Inc.

    Cited by:

    1. Peter Cserne, "undated". "Freedom of choice and paternalism in contract law: a law and economics perspective," German Working Papers in Law and Economics 2006-1-1139, Berkeley Electronic Press.
    2. María Alexandra Ortiz Cabrera (Editor), 2017. "Derecho económico," Books, Universidad Externado de Colombia, Facultad de Derecho, number 964.
    3. Kirstein, Roland & Schmidtchen, Dieter, 2004. "Störung der Vertragsparität," CSLE Discussion Paper Series 2004-05, Saarland University, CSLE - Center for the Study of Law and Economics.
    4. Lando, Henrik & Rose, Caspar, 2004. "On the enforcement of specific performance in Civil Law countries," International Review of Law and Economics, Elsevier, vol. 24(4), pages 473-487, December.

  25. Steven Shavell, 2002. "Minimum Asset Requirements," NBER Working Papers 9335, National Bureau of Economic Research, Inc.

    Cited by:

    1. Steven Shavell, 2004. "Minimum Asset Requirements and Compulsory Liability Insurance As Solutions to the Judgment-Proof Problem," NBER Working Papers 10341, National Bureau of Economic Research, Inc.
    2. Francisco Ramos Romeu, 2010. "An economic theory of the regulation of preliminary measures," European Journal of Law and Economics, Springer, vol. 30(3), pages 267-300, December.
    3. Jacob Julien, 2021. "The (Mixed) Effects of Minimum Asset Requirements When There is a Possibility of Technological Change," Review of Law & Economics, De Gruyter, vol. 17(1), pages 167-191, March.
    4. Julien Jacob & Marc-Hubert Depret & Cornel Oros, 2025. "Innovating safely: how public policies can prevent regrettable substitutions," European Journal of Law and Economics, Springer, vol. 59(3), pages 523-553, June.
    5. G. Dari Mattiacci & G.G.A. de Geest, 2004. "When Will Judgment Proof Injurers Take Too Much Precaution?," Working Papers 04-27, Utrecht School of Economics.
    6. Juan José Ganuza & Fernando Gómez, 2003. "Optimal negligence rule under limited liability," Economics Working Papers 759, Department of Economics and Business, Universitat Pompeu Fabra, revised May 2004.

  26. Louis Kaplow & Steven Shavell, 2001. "Moral Rules and the Moral Sentiments: Toward a Theory of an Optimal Moral System," NBER Working Papers 8688, National Bureau of Economic Research, Inc.

    Cited by:

    1. Hongbin Li & Mark Rosenzweig & Junsen Zhang, 2008. "Altruism, Favoritism, and Guilt in the Allocuation of Family Resources: Sophie's Choice in Mao's Mass Send Down Movement," Working Papers 965, Economic Growth Center, Yale University.
    2. Licht Amir N., 2008. "Social Norms and the Law: Why Peoples Obey the Law," Review of Law & Economics, De Gruyter, vol. 4(3), pages 715-750, December.
    3. Juan Perote Peña, 2003. "Ethical Implementation and the Creation of Moral Values," Economic Working Papers at Centro de Estudios Andaluces E2003/25, Centro de Estudios Andaluces.
    4. Benito Arruñada, 2003. "Specialization and rent-seeking in moral enforcement: The case of confession," Economics Working Papers 653, Department of Economics and Business, Universitat Pompeu Fabra, revised Jul 2009.
    5. Emrah Arbak, 2005. "Social status and crime," Working Papers 0510, Groupe d'Analyse et de Théorie Economique Lyon St-Etienne (GATE Lyon St-Etienne), Université de Lyon.
    6. Sebastian Galiani & Federico Weinschelbaum, 2013. "Social Status and Corruption," Nordic Journal of Political Economy, Nordic Journal of Political Economy, vol. 38, pages 1-1.
    7. Louis Kaplow & Steven Shavell, 2007. "Moral Rules, the Moral Sentiments, and Behavior: Toward a Theory of an Optimal Moral System," Journal of Political Economy, University of Chicago Press, vol. 115(3), pages 494-514.
    8. Benito Arrunada, "undated". "Catholic Confessions of Sin as Third Party Moral Enforcement," Gruter Institute Working Papers on Law, Economics, and Evolutionary Biology 3-1-1013, Berkeley Electronic Press.
    9. Benito Arruñada, 2004. "Protestants and Catholics: Similar work ethic, different social ethic," Economics Working Papers 743, Department of Economics and Business, Universitat Pompeu Fabra, revised Sep 2010.
    10. Barendrecht, J.M., 2004. "Cooperation in transactions and disputes : A problem-solving legal system," Discussion Paper 2004-003, Tilburg University, Tilburg Law and Economic Center.

  27. A. Mitchell Polinsky & Steven Shavell, 1999. "The Economic Theory of Public Enforcement of Law," NBER Working Papers 6993, National Bureau of Economic Research, Inc.

    Cited by:

    1. Eric Langlais & Marie Obidzinski, 2013. "Elected vs appointed public law enforcers," Working Papers hal-04141175, HAL.
    2. Antonio Acconcia & Marcello D'Amato & Riccardo Martina, 2003. "Corruption and Tax Evasion with Competitive Bribes," CSEF Working Papers 112, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy.
    3. Guerriero, Carmine, 2016. "Endogenous legal traditions and economic outcomes," Journal of Comparative Economics, Elsevier, vol. 44(2), pages 416-433.
    4. Amrita Dillon & MANDAR OAK, 2015. "Legalization of Bribe Giving when Bribe Type Is Endogenous," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 17(4), pages 580-604, August.
    5. Inés Macho-Stadler, 2008. "Environmental regulation: choice of instruments under imperfect compliance," Spanish Economic Review, Springer;Spanish Economic Association, vol. 10(1), pages 1-21, March.
    6. Germani, Anna Rita & Morone, Andrea & Morone, Piergiuseppe & Scaramozzino, Pasquale, 2013. "Discretionary enforcement and strategic interactions between firms, regulatory agency and justice department: a theoretical and empirical investigation," MPRA Paper 51369, University Library of Munich, Germany.
    7. Paolo Polidori & Désirée Teobaldelli, 2018. "Corporate criminal liability and optimal firm behavior: internal monitoring versus managerial incentives," European Journal of Law and Economics, Springer, vol. 45(2), pages 251-284, April.
    8. Pagano, Marco & Polo, Michele & Immordino, Giovanni, 2009. "Incentives to Innovate and Social Harm: Laissez-Faire, Authorization or Penalties?," CEPR Discussion Papers 7280, C.E.P.R. Discussion Papers.
    9. Laetitia Hauret & Eric Langlais & Cartine Sonntag, 2009. "On the deterrent effect of individual versus collective liability in criminal organizations," Cahiers du CEREFIGE 0903, CEREFIGE (Centre Europeen de Recherche en Economie Financiere et Gestion des Entreprises), Universite de Lorraine, revised 2009.
    10. Sandra Rousseau & Stef Proost, 2009. "The relative efficiency of market-based environmental policy instruments with imperfect compliance," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 16(1), pages 25-42, February.
    11. Marcello Basili & Antonio Nicita, 2005. "Deterrence and Compliance in a Demerit Point System," Department of Economics University of Siena 458, Department of Economics, University of Siena.
    12. Nuno Garoupa, 1998. "Crime and punishment: Further results," Economics Working Papers 344, Department of Economics and Business, Universitat Pompeu Fabra.
    13. Gramig, Benjamin M. & Horan, Richard D. & Wolf, Christopher A., 2008. "Livestock Disease Indemnity Design When Moral Hazard is Followed by Adverse Selection," 2008 Annual Meeting, July 27-29, 2008, Orlando, Florida 6542, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    14. Cesaltina Maria Pacheco Pires, 2013. "Combating fraud in Poverty-Alleviation Programs - should we use monitoring, workfare or both?," CEFAGE-UE Working Papers 2013_08, University of Evora, CEFAGE-UE (Portugal).
    15. Saad Azmat & Hira Ghaffar, 2021. "Ethical Commitments and Credit Market Regulations," Journal of Business Ethics, Springer, vol. 171(3), pages 421-433, July.
    16. Derek Johnson & Thomas J. Miceli, 2013. "Asset Forfeiture Laws and Criminal Deterrence," Working papers 2013-27, University of Connecticut, Department of Economics.
    17. Jellal, Mohamed & Garoupa, Nuno, 2002. "A Note on Optimal Law Enforcement under Asymmetric Information," MPRA Paper 38460, University Library of Munich, Germany.
    18. Emons, Winand, 2003. "Escalating Penalties for Repeat Offenders," CEPR Discussion Papers 4131, C.E.P.R. Discussion Papers.
    19. Emmanuelle Auriol & Erling Hjelmeng & Tina Søreide, 2023. "Corporate criminals in a market context: enforcement and optimal sanctions," Post-Print hal-04498703, HAL.
    20. Foreman-Peck, James & Moore, Simon, 2009. "Gratuitous Violence and the Rational Offender Model," Cardiff Economics Working Papers E2009/12, Cardiff University, Cardiff Business School, Economics Section.
    21. Surajeet Chakravarty, 2005. "Resolving Contractual Disputes: Arbitration vs Mediation," The Centre for Market and Public Organisation 05/117, The Centre for Market and Public Organisation, University of Bristol, UK.
    22. Lippert, Christian, 2002. "Zur Ökonomik der Kontrollmaßnahmen bei Lebensmitteln und Futtermitteln," German Journal of Agricultural Economics, Humboldt-Universitaet zu Berlin, Department for Agricultural Economics, vol. 51(03), pages 1-14.
    23. Matthias Kasper & James Alm, 2021. "Does the “bomb crater” effect really exist? Evidence from the laboratory," Working Papers 2118, Tulane University, Department of Economics.
    24. Benno Torgler & Markus Schaffner & Alison Macintyre, 2007. "Tax Compliance, Tax Morale and Governance Quality," CREMA Working Paper Series 2007-17, Center for Research in Economics, Management and the Arts (CREMA).
    25. David BARTOLINI & Alberto ZAZZARO, 2008. "Are Antitrust Fines Friendly to Competition? An Endogenous Coalition Formation Approach to Collusive Cartels," Working Papers 325, Universita' Politecnica delle Marche (I), Dipartimento di Scienze Economiche e Sociali.
    26. Obidzinski, Marie & Oytana, Yves, 2019. "Identity errors and the standard of proof," International Review of Law and Economics, Elsevier, vol. 57(C), pages 73-80.
    27. Delhaye, E., 2006. "Traffic safety: Speed limits, strict liability and a km tax," Transportation Research Part A: Policy and Practice, Elsevier, vol. 40(3), pages 205-226, March.
    28. Hoque, Hafiz & Mu, Shaolong, 2021. "Does a reduction of state control affect IPO underpricing? Evidence from the Chinese A-share market," Journal of International Money and Finance, Elsevier, vol. 115(C).
    29. Anna Rita Germani, 2007. "The Environmental Enforcement in the Civil and the Common Law Systems. A Case on the Economic Effects of Legal Institutions," Quaderni DSEMS 22-2007, Dipartimento di Scienze Economiche, Matematiche e Statistiche, Universita' di Foggia.
    30. David M. Bruner, 2009. "Changing the Probability versus Changing the Reward," Working Papers 09-04, Department of Economics, Appalachian State University.
    31. Yahagi, Ken & Yamaguchi, Yohei, 2023. "Law enforcement with rent-seeking government under voting pressure," International Review of Law and Economics, Elsevier, vol. 73(C).
    32. Avner Ben-Ner, "undated". "For-Profit, State, and Nonprofit: How to Cut the Pie Among the Three Sectors," Working Papers 0304, Human Resources and Labor Studies, University of Minnesota (Twin Cities Campus).
    33. Bernhard Neumärker & Gerald Pech, 2011. "Penalties in the Theory of Equilibrium Tax Evasion: Solving King John’s Problem," Public Finance Review, , vol. 39(1), pages 5-24, January.
    34. Garoupa, Nuno & Obidzinski, Marie, 2006. "The Scope of Punishment: An Economic Theory of Harm-Based vs. Act-Based Sanctions," CEPR Discussion Papers 5899, C.E.P.R. Discussion Papers.
    35. Ugo Troiano & Ricardo Perez-Truglia, 2015. "Tax Debt Enforcement: Theory and Evidence from a Field Experiment in the United States," 2015 Meeting Papers 134, Society for Economic Dynamics.
    36. A. Mitchell Polinsky & Steven Shavell, 2006. "Public Enforcement of Law," Discussion Papers 05-016, Stanford Institute for Economic Policy Research.
    37. Manuel Coelho & José António Filipe & Manuel Alberto M. Ferreira, 2013. "Modelling Enforcement and Compliance in Fisheries: A Survey," International Journal of Finance, Insurance and Risk Management, International Journal of Finance, Insurance and Risk Management, vol. 3(2), pages 464-464.
    38. Earnhart, Dietrich & Segerson, Kathleen, 2012. "The influence of financial status on the effectiveness of environmental enforcement," Journal of Public Economics, Elsevier, vol. 96(9-10), pages 670-684.
    39. Christian EBEKE & M MANSOUR & Grégoire ROTA-GRAZIOSI, 2016. "The Power to Tax in Sub-Saharan Africa: LTUs, VATs, and SARAs," Working Papers 201611, CERDI.
    40. K. Forslind, 2007. "The economics of environmental law enforcement: end-of-life vehicles," European Journal of Law and Economics, Springer, vol. 23(3), pages 223-236, June.
    41. Timothy Stanley, 1995. "Radar Detectors, Fixed and Variable Costs of Crime," Law and Economics 9507002, University Library of Munich, Germany, revised 27 Dec 1995.
    42. Andarge, Tihitina & Lichtenberg, Erik, "undated". "Regulated Firm Strategy under Uncertainty about Regulatory Status," 2018 Annual Meeting, August 5-7, Washington, D.C. 274420, Agricultural and Applied Economics Association.
    43. Connor, John M., 2004. "Extraterritoriality Of The Sherman Act And Deterrence Of Private International Cartels," Staff Papers 28686, Purdue University, Department of Agricultural Economics.
    44. Martin Kolmar, 2008. "Perfectly Secure Property Rights and Production Inefficiencies in Tullock Contests," Southern Economic Journal, John Wiley & Sons, vol. 75(2), pages 441-456, August.
    45. Šastitko, Andrej E., 2013. "Effects of third party errors," EconStor Preprints 121747, ZBW - Leibniz Information Centre for Economics.
    46. Ram Mudambi & Pietro Navarra & Andrew Delios, 2013. "Government regulation, corruption, and FDI," Asia Pacific Journal of Management, Springer, vol. 30(2), pages 487-511, June.
    47. Eric Langlais, 2008. "On the Ambiguous Effects of Repression," EconomiX Working Papers 2008-40, University of Paris Nanterre, EconomiX.
    48. Feess, Eberhard & Sarel, Roee, 2022. "Optimal fine reductions for self-reporting: The impact of loss aversion," International Review of Law and Economics, Elsevier, vol. 70(C).
    49. Claude Fluet & Roberto Galbiati, 2015. "Lois et normes: les enseignements de l'économie comportementale," Cahiers de recherche 1510, CIRPEE.
    50. Carol Gao & Jorge Vásquez, 2025. "Optimal policing with (and without) criminal search," Review of Economic Design, Springer;Society for Economic Design, vol. 29(2), pages 213-244, June.
    51. Søreide, Tina, 2009. "Too risk averse to stay honest?: Business corruption, uncertainty and attitudes toward risk," International Review of Law and Economics, Elsevier, vol. 29(4), pages 388-395, December.
    52. Paul Hallwood & Thomas J. Miceli, 2014. "Modern Maritime Piracy," Working papers 2014-01, University of Connecticut, Department of Economics.
    53. Kugler, Maurice & Verdier, Thierry & Zenou, Yves, 2005. "Organized crime, corruption and punishment," Journal of Public Economics, Elsevier, vol. 89(9-10), pages 1639-1663, September.
    54. FIEL y CEP & FIEL (ed.), 2000. "Una Educación para el Siglo XXI. El caso argentino y otras experiencias internacionales," Books at FIEL, FIEL, edition 1, volume 1, number 1000.
    55. Martin Halla, 2011. "The Link between the Intrinsic Motivation to Comply and Compliance Behaviour: A Critical Appraisal of Existing Evidence," Chapters, in: Friedrich Schneider (ed.), Handbook on the Shadow Economy, chapter 11, Edward Elgar Publishing.
    56. Lambsdorff, Johann Graf & Grubiak, Kevin & Werner, Katharina, 2023. "Intrinsic Motivation vs. Corruption? Experimental Evidence on the Performance of Officials," MPRA Paper 118153, University Library of Munich, Germany.
    57. Ulrich Blum & Nicole Steinat & Michael Veltins, 2008. "On the rationale of leniency programs: a game-theoretical analysis," European Journal of Law and Economics, Springer, vol. 25(3), pages 209-229, June.
    58. Beck, Thorsten & Demirguc-Kunt, Asli & Levine, Ross, 2006. "Bank supervision and corruption in lending," Journal of Monetary Economics, Elsevier, vol. 53(8), pages 2131-2163, November.
    59. Roberto PIRES, 2008. "Promoting sustainable compliance: Styles of labour inspection and compliance outcomes in Brazil," International Labour Review, International Labour Organization, vol. 147(2-3), pages 199-229, June.
    60. Pouliot, Sebastien & Sumner, Daniel A., 2006. "Traceability, Liability and Incentives for Food Safety and Quality," 2006 Annual meeting, July 23-26, Long Beach, CA 21121, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    61. Flavia Roldán, 2012. "Covert networks and the antitrust policy," Documentos de Investigación 79, Universidad ORT Uruguay. Facultad de Administración y Ciencias Sociales.
    62. Katsoulacos, Yannis & Ulph, David, 2014. "Legal Uncertainty, Competition Law Enforcement Procedures and Optimal Penalties," SIRE Discussion Papers 2015-12, Scottish Institute for Research in Economics (SIRE).
    63. David S. Lee & Justin McCrary, 2009. "The Deterrence Effect of Prison: Dynamic Theory and Evidence," Working Papers 1171, Princeton University, Department of Economics, Industrial Relations Section..
    64. Zhe Xu & Ying Wang & Xiaoliang Shi & Yingying Qiu & Chunzi Su & Dan He, 2025. "The Impact of Environmental Subsidies and Enforcement on Green Innovation: Evidence from Heavy-Polluting Enterprises in China," Sustainability, MDPI, vol. 17(3), pages 1-25, February.
    65. D'Este, Rocco, 2014. "The Effect of Stolen Goods Markets on Crime: Evidence from a Quasi - Natural Experiment," The Warwick Economics Research Paper Series (TWERPS) 1040, University of Warwick, Department of Economics.
    66. Bigoni, Maria & Le Coq, Chloé & Fridolfsson, Sven-Olof & Spagnolo, Giancarlo, 2008. "Risk Aversion, Prospect Theory, and Strategic Risk in Law Enforcement: Evidence From an Antitrust Experiment," SSE/EFI Working Paper Series in Economics and Finance 696, Stockholm School of Economics.
    67. Morgan, Stephen N. & Mason, Nicole M. & Shupp, Robert S., "undated". "Do Stakeholder Comments Influence Regulator Behavior? Evidence from a Public Goods Experiment," 2017 Annual Meeting, July 30-August 1, Chicago, Illinois 258395, Agricultural and Applied Economics Association.
    68. Jamalzai, Rahmatullah & Rasa, Muhammad Mirwais & Haq, Irfan Ul, 2024. "The impact of Tax Evasion on Economic Growth of Afghanistan: An Empirical Evaluation," MPRA Paper 125169, University Library of Munich, Germany, revised 13 Mar 2025.
    69. Casilda Lasso de la Vega & Oscar Volij & Federico Weinschelbaum, 2022. "When do more police induce more crime?," Documentos de Trabajo 19943, The Latin American and Caribbean Economic Association (LACEA).
    70. Arguedas, Carmen, 2007. "To Comply or Not To Comply? Pollution Standard Setting Under Costly Monitoring and Sanctioning," Working Papers in Economic Theory 2007/13, Universidad Autónoma de Madrid (Spain), Department of Economic Analysis (Economic Theory and Economic History).
    71. Paolo Buccirossi & Lorenzo Ciari & Tomaso Duso & Sven-Olof Fridolfsson & Giancarlo Spagnolo & Cristiana Vitale, 2008. "A Short Overview of a Methodology for the Ex-Post Review of Merger Control Decisions," De Economist, Springer, vol. 156(4), pages 453-475, December.
    72. A. Mitchell Polinsky & Steven Shavell, 2019. "Deterrence and the Adjustment of Sentences During Imprisonment," NBER Working Papers 26083, National Bureau of Economic Research, Inc.
    73. Giovanni Immordino & Marco Pagano, 2003. "Legal Standards, Enforcement and Corruption," CSEF Working Papers 98, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy, revised 01 Oct 2009.
    74. D’Amato, Alessio & Mazzanti, Massimiliano & Nicolli, Francesco, 2015. "Waste and organized crime in regional environments," Resource and Energy Economics, Elsevier, vol. 41(C), pages 185-201.
    75. Miceli, Thomas J., 2007. "Criminal solicitation, entrapment, and the enforcement of law," International Review of Law and Economics, Elsevier, vol. 27(2), pages 258-268.
    76. Bertrand Chopard & Eric Langlais, 2009. "Défaut de paiement stratégique et loi sur les défaillances d’entreprises," Cahiers du CEREFIGE 0901, CEREFIGE (Centre Europeen de Recherche en Economie Financiere et Gestion des Entreprises), Universite de Lorraine, revised 2009.
    77. Gregmar Galinato & Suzette Galinato, 2013. "The Role of Government Spending on Deforestation and Carbon Dioxide Emissions from Land Use Change," Working Papers 2013-14, School of Economic Sciences, Washington State University.
    78. Mohamed Jellal & Nuno Garoupa, 1999. "Dynamic optimal law enforcement with learning," Economics Working Papers 402, Department of Economics and Business, Universitat Pompeu Fabra.
    79. Steven Shavell, 2003. "Economic Analysis of Public Law Enforcement and Criminal Law," NBER Working Papers 9698, National Bureau of Economic Research, Inc.
    80. Laura Nyantung Beny, 2005. "Do Insider Trading Laws Matter? Some Preliminary Comparative Evidence," William Davidson Institute Working Papers Series wp741, William Davidson Institute at the University of Michigan.
    81. Bernasconi, Michele & Corazzini, Luca & Marenzi, Anna, 2013. "‘Expressive’ obligations in public good games: Crowding-in and crowding-out effects," Research in Economics, Elsevier, vol. 67(1), pages 13-24.
    82. Xiaodong Liu & Eleonora Patacchini & Yves Zenou & Lung-Fei Lee, 2012. "Criminal Networks: Who is the Key Player?," Working Papers 2012.39, Fondazione Eni Enrico Mattei.
    83. Ekelund, Robert B. & Dorton, Cheryl, 2003. "Criminal justice institutions as a common pool: the 19th century analysis of Edwin Chadwick," Journal of Economic Behavior & Organization, Elsevier, vol. 50(3), pages 271-294, March.
    84. Jesús Alfonso Soto Pineda, 2014. "“Public Enforcement” y descentralización en la aplicación de las normas de libre competencia en la Comunidad Europea y en España," Books, Universidad Externado de Colombia, Facultad de Derecho, volume 1, number 718.
    85. Paolo Buonanno & Giacomo Pasini & Paolo Vanin, 2008. "Crime and Social Sanction," "Marco Fanno" Working Papers 0071, Dipartimento di Scienze Economiche "Marco Fanno".
    86. Hanlon, Michelle & Shroff, Nemit, 2022. "Insights into auditor public oversight boards: Whether, how, and why they “work”," Journal of Accounting and Economics, Elsevier, vol. 74(1).
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    90. Christian Barrère, 2004. "Judicial System and Property Rights [Droits de propriété et système judiciaire]," Post-Print hal-05335597, HAL.
    91. Gokhan Ozertan & Baris Cevik, 2008. "Pricing Strategies and Protection of Digital Products Under Presence of Piracy: A Welfare Analysis," Journal of Artificial Societies and Social Simulation, Journal of Artificial Societies and Social Simulation, vol. 11(4), pages 1-1.
    92. Spagnolo, Giancarlo & Buccirossi, Paolo, 2005. "Leniency Policies and Illegal Transactions," CEPR Discussion Papers 5442, C.E.P.R. Discussion Papers.
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    98. Jaehyeon Ju & Daegon Cho & Jae Kyu Lee & Jae‐Hyeon Ahn, 2021. "Can It Clean Up Your Inbox? Evidence from South Korean Anti‐spam Legislation," Production and Operations Management, Production and Operations Management Society, vol. 30(8), pages 2636-2652, August.
    99. Slavi T. Slavov, 2007. "Innocent or Not‐so‐innocent Bystanders: Evidence from the Gravity Model of International Trade About the Effects of UN Sanctions on Neighbour Countries," The World Economy, Wiley Blackwell, vol. 30(11), pages 1701-1725, November.
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    534. Lars P. Feld & Benno Torgler & Bin Dong, 2008. "Coming Closer? Tax Morale, Deterrence and Social Learning after German Unification," CREMA Working Paper Series 2008-09, Center for Research in Economics, Management and the Arts (CREMA).
    535. Ken Yahagi, 2018. "Private law enforcement with competing groups," Economics of Governance, Springer, vol. 19(3), pages 285-297, August.
    536. Rajeev K. Goel & Michael A. Nelson, 2014. "Whistleblower laws and exposed corruption in the United States," Applied Economics, Taylor & Francis Journals, vol. 46(20), pages 2331-2341, July.
    537. Christopher S. Decker, 2007. "Flexible enforcement and fine adjustment," Regulation & Governance, John Wiley & Sons, vol. 1(4), pages 312-328, December.
    538. Ballester, Coralio & Calvó-Armengol, Antoni & Zenou, Yves, 2004. "Who's Who in Crime Network. Wanted the Key Player," Working Paper Series 617, Research Institute of Industrial Economics.
    539. Jay P. Shimshack, 2014. "The Economics of Environmental Monitoring and Enforcement," Annual Review of Resource Economics, Annual Reviews, vol. 6(1), pages 339-360, October.
    540. Nøstbakken, Linda, 2008. "Fisheries law enforcement--A survey of the economic literature," Marine Policy, Elsevier, vol. 32(3), pages 293-300, May.
    541. Aditya Bhattacharjea & Oindrila De, 2021. "India’s Cartel Penalty Practices, Optimal Restitution and Deterrence," IEG Working Papers 424, Institute of Economic Growth.

  28. Lucian Arye Bebchuk & Steven Shavell, 1999. "Reconsidering Contractual Liability and the Incentive to Reveal Information," NBER Working Papers 7106, National Bureau of Economic Research, Inc.

    Cited by:

    1. Angelo Castaldo & Elisabetta Conte & Gianluigi Galeotti, 2014. "Asymmetric Information and Opportunistic Behaviour in Ex Ante Contract Negotiations: Precontractual Liability Regime," Public Finance Research Papers 8, Istituto di Economia e Finanza, DSGE, Sapienza University of Rome.
    2. Manuela Canal, 2021. "El daño no patrimonial contractual : un estudio a la luz del límite de la previsibilidad del daño," Books, Universidad Externado de Colombia, Facultad de Derecho, number 1288.

  29. Louis Kaplow & Steven Shavell, 1999. "Economic Analysis of Law," NBER Working Papers 6960, National Bureau of Economic Research, Inc.

    Cited by:

    1. Ram Singh, 2004. "‘Full’ Compensation Criteria: An Enquiry into Relative Merits," European Journal of Law and Economics, Springer, vol. 18(2), pages 223-237, September.
    2. Anna Rita Germani, 2007. "The Environmental Enforcement in the Civil and the Common Law Systems. A Case on the Economic Effects of Legal Institutions," Quaderni DSEMS 22-2007, Dipartimento di Scienze Economiche, Matematiche e Statistiche, Universita' di Foggia.
    3. Christian Gollier & James Hammitt & Nicolas Treich, 2013. "Risk and choice: A research saga," Journal of Risk and Uncertainty, Springer, vol. 47(2), pages 129-145, October.
    4. Gérard Mondello, 2017. "Un modèle d'accident unilatéral: incertitude non-radicale et estimations différenciées," GREDEG Working Papers 2017-12, Groupe de REcherche en Droit, Economie, Gestion (GREDEG CNRS), Université Côte d'Azur, France.
    5. Dari-Mattiacci Giuseppe, 2006. "On the Optimal Scope of Negligence," Review of Law & Economics, De Gruyter, vol. 1(3), pages 331-364, January.
    6. Gérard Mondello, 2021. "Strict Liability, Scarce Generic Input And Duopoly Competition," Working Papers halshs-03502602, HAL.
    7. Peter Cserne, "undated". "Freedom of choice and paternalism in contract law: a law and economics perspective," German Working Papers in Law and Economics 2006-1-1139, Berkeley Electronic Press.
    8. Robert Huterski & Agnieszka Huterska & Michal Polasik, 2018. "Payment account with basic features and its significance in the reduction of financial exclusion in Poland," Ekonomia i Prawo, Uniwersytet Mikolaja Kopernika, vol. 17(2), pages 137-155, June.
    9. Besancenot, Damien & Vranceanu, Radu, 2009. "Multiple equilibria in a firing game with impartial justice," Labour Economics, Elsevier, vol. 16(3), pages 262-271, June.
    10. Sureth, Caren & Voß, Armin, 2005. "Investitionsbereitschaft und zeitliche Indifferenz bei Realinvestitionen unter Unsicherheit und Steuern," arqus Discussion Papers in Quantitative Tax Research 2, arqus - Arbeitskreis Quantitative Steuerlehre.
    11. Eduard Hartwich & Alexander Rieger & Johannes Sedlmeir & Dominik Jurek & Gilbert Fridgen, 2023. "Machine economies," Electronic Markets, Springer;IIM University of St. Gallen, vol. 33(1), pages 1-13, December.
    12. Gilbert Metcalf & David Weisbach, 2008. "The Design of a Carbon Tax," Discussion Papers Series, Department of Economics, Tufts University 0728, Department of Economics, Tufts University.
    13. Neşve A. Turan Brewster & Peter D. Goldsmith, 2007. "Legal systems, institutional environment, and food safety," Agricultural Economics, International Association of Agricultural Economists, vol. 36(1), pages 23-38, January.
    14. Gérard Mondello, 2013. "Ambiguous Beliefs on Damages and Civil Liability Theories"," Post-Print halshs-00929948, HAL.
    15. Oliver Hart & John Moore, 2006. "Contracts as Reference Points," NBER Working Papers 12706, National Bureau of Economic Research, Inc.
    16. Steven Shavell, 2007. "On Optimal Legal Change, Past Behavior, and Grandfathering," NBER Working Papers 13563, National Bureau of Economic Research, Inc.
    17. Anderlini, Luca & Felli, Leonardo & Postlewaite, Andrew, 2001. "Courts of Law and Unforeseen Contingencies," CEPR Discussion Papers 2835, C.E.P.R. Discussion Papers.
    18. Siddhartha Bandyopadhyay & Kalan Chatterjee, 2010. "Crime Reporting: Profiling and Neighbourhood Observation," Discussion Papers 06-04r, Department of Economics, University of Birmingham.
    19. Guha, Brishti, 2016. "Malicious Litigation," MPRA Paper 69544, University Library of Munich, Germany.
    20. Gérard Mondello & Evens Salies, 2021. "Tort Law under Oligopolistic Competition," Working Papers halshs-03502604, HAL.
    21. Sébastien ROUILLON, 2008. "Variable Probabilities of Suit and Liability Rules," Cahiers du GREThA (2007-2019) 2008-15, Groupe de Recherche en Economie Théorique et Appliquée (GREThA).
    22. Takaoka, Sumiko, 2005. "The effects of product liability costs on R&D with asymmetric information," Japan and the World Economy, Elsevier, vol. 17(1), pages 59-81, January.
    23. Peter Grajzl & Katarina Zajc, 2017. "Litigation and the timing of settlement: evidence from commercial disputes," European Journal of Law and Economics, Springer, vol. 44(2), pages 287-319, October.
    24. Ram Singh, 2003. "Efficiency of 'Simple' Liability Rules When Courts Make Erroneous Estimation of the Damage," European Journal of Law and Economics, Springer, vol. 16(1), pages 39-58, July.
    25. Brennan, Timothy & Boyd, James, 1996. "Pluralism and Regulatory Failure: When Should Takings Trigger Compensation?," RFF Working Paper Series dp-96-09, Resources for the Future.
    26. Teddy Lazebnik & Stephan Beck & Labib Shami, 2023. "Academic co-authorship is a risky game," Scientometrics, Springer;Akadémiai Kiadó, vol. 128(12), pages 6495-6507, December.
    27. Adrian Leka, 2018. "Defamation Laws and Practice in the Age of Internet in Albania," European Journal of Interdisciplinary Studies Articles, Revistia Research and Publishing, vol. 4, ejis_v4_i.
    28. Gries, Thomas & Prior, Ulrich & Sureth, Caren, 2007. "Taxation of risky investment and paradoxical investor behavior," arqus Discussion Papers in Quantitative Tax Research 26, arqus - Arbeitskreis Quantitative Steuerlehre.
    29. Steven Shavell, 2005. "Contracts, Holdup, and Legal Intervention," NBER Working Papers 11284, National Bureau of Economic Research, Inc.
    30. Hugo Benitez-Silva & Yong-Kyun Bae, 2010. "The Effects of Automobile Recalls on the Severity of Accidents," Department of Economics Working Papers 10-03, Stony Brook University, Department of Economics.
    31. Ian Smith, 2003. "The Law and Economics of Marriage Contracts," Journal of Economic Surveys, Wiley Blackwell, vol. 17(2), pages 201-226, April.
    32. Leonardo Felli & Alessandro Riboni & Luca Anderlini, 2007. "Statute Law or Case Law?," 2007 Meeting Papers 952, Society for Economic Dynamics.
    33. Edward L. Glaeser & Andrei Shleifer, 2001. "The Rise of the Regulatory State," NBER Working Papers 8650, National Bureau of Economic Research, Inc.
    34. Heng-Chi Lee & Bruce A. McCarl & Uwe A. Schneider & Chi-Chung Chen, 2004. "Leakage and Comparative Advantage Implications of Agricultural Participation in Greenhouse Gas Emission Mitigation," University of Western Ontario, Departmental Research Report Series 20041, University of Western Ontario, Department of Economics.
    35. Oliver Hart & John Moore, 2004. "Agreeing Now to Agree Later: Contracts that Rule Out but do not Rule In," NBER Working Papers 10397, National Bureau of Economic Research, Inc.
    36. Deke, Oliver, 2004. "Financing National Protected Area Networks Internationally: The Global Environment Facility as a Multilateral Mechanism of Transfer," Kiel Working Papers 1227, Kiel Institute for the World Economy.
    37. James J. McAndrews & William Roberds, 2000. "The economics of check float," Economic Review, Federal Reserve Bank of Atlanta, vol. 85(Q4), pages 17-27.
    38. Louis Kaplow, 2003. "Transition Policy: A Conceptual Framework," NBER Working Papers 9596, National Bureau of Economic Research, Inc.
    39. Hassid, Joseph & Maniatis, George & Polemis, Michael, 2025. "How do lawyers perceive the relevance of economic and business methods knowledge in their professional practice? Evidence from Greece," MPRA Paper 124590, University Library of Munich, Germany.
    40. Nussim, Jacob & Tabbach, Avraham D., 2009. "A revised model of unilateral accidents," International Review of Law and Economics, Elsevier, vol. 29(2), pages 169-177, June.
    41. Thomas J. Miceli, 2005. "Criminal Solicitation, Entrapment, and the Enforcement of Law," Working papers 2005-17, University of Connecticut, Department of Economics.
    42. Daniel P. Kessler & Daniel L. Rubinfeld, 2004. "Empirical Study of the Civil Justice System," NBER Working Papers 10825, National Bureau of Economic Research, Inc.
    43. Valentina Dimitrova-Grajzl & Peter Grajzl & Katarina Zajc, 2014. "Inside Post-Socialist Courts: The Determinants of Adjudicatory Outcomes in Slovenian Commercial Disputes," CESifo Working Paper Series 4894, CESifo.
    44. Sheldon, Ian M., 2022. "“Enforcement of Private Food Standards: A Role for Self-Reporting of Non-Compliance?”," 2022 Annual Meeting, July 31-August 2, Anaheim, California 322404, Agricultural and Applied Economics Association.
    45. Samantha Bielen & Peter Grajzl & Wim Marneffe, 2017. "Understanding the Time to Court Case Resolution: A Competing Risks Analysis Using Belgian Data," CESifo Working Paper Series 6450, CESifo.
    46. Dean Lueck & Thomas J. Miceli, 2004. "Property Law," Working papers 2004-04, University of Connecticut, Department of Economics.
    47. Ragazzi, Giorgio, 2005. "Tolls and Project Financing: A Critical View," Research in Transportation Economics, Elsevier, vol. 15(1), pages 41-53, January.
    48. Hassid, Joseph & Maniatis, George & POLEMIS, Michael, 2024. "Do Law Professionals Lack Economic Knowledge? Field Evidence from Greece," MPRA Paper 122550, University Library of Munich, Germany.
    49. Koehler, Jonathan J. & Gershoff, Andrew D., 2003. "Betrayal aversion: When agents of protection become agents of harm," Organizational Behavior and Human Decision Processes, Elsevier, vol. 90(2), pages 244-261, March.
    50. Paul Hallwood & Thomas J. Miceli, 2004. "Murky Waters: The Law and Economics of Salvaging Historic Shipwrecks," Working papers 2004-40, University of Connecticut, Department of Economics.
    51. Gérard Mondello, 2012. "The Equivalence of Strict Liability and Negligence Rule: A " Trompe l'œil " Perspective," Post-Print hal-00727223, HAL.
    52. Lin, Ming-Jen, 2009. "More police, less crime: Evidence from US state data," International Review of Law and Economics, Elsevier, vol. 29(2), pages 73-80, June.
    53. Schmitz, Patrick W., 2014. "Overdeterrence of repeat offenders when penalties for first-time offenders are restricted," CEPR Discussion Papers 10249, C.E.P.R. Discussion Papers.
    54. Horn, Henrik & Mavroidis, Petros C & Nordström, Håkan, 1999. "Is The Use Of The WTO Dispute Settlement System Biased?," CEPR Discussion Papers 2340, C.E.P.R. Discussion Papers.
    55. Pietro Vertova, 2025. "Property rights on unused assets and investment incentives: evidence from Brazil," European Journal of Law and Economics, Springer, vol. 59(3), pages 419-437, June.
    56. Rouillon, Sebastien, 2008. "Safety regulation vs. liability with heterogeneous probabilities of suit," International Review of Law and Economics, Elsevier, vol. 28(2), pages 133-139, June.
    57. Gérard Mondello, 2015. "Civil liability, Knight's UnCertainty and non-diCtatorial regUlator Documents de travail GREDEG GREDEG Working Papers Series," Working Papers hal-01251437, HAL.
    58. Robert Innes & Dennis Cory, 2001. "The Economics of Safe Drinking Water," Land Economics, University of Wisconsin Press, vol. 77(1), pages 94-117.
    59. Ann Dryden Witte & Robert Witt, 2001. "What We Spend and What We Get: Public and Private Provision of Crime Prevention," NBER Working Papers 8204, National Bureau of Economic Research, Inc.
    60. Simon Johnson & Andrei Shleifer, 1999. "Coase v. the Coasians," NBER Working Papers 7447, National Bureau of Economic Research, Inc.
    61. Claude Fluet, 2006. "Liability Rules under Evidentiary Uncertainty," Cahiers de recherche 0606, CIRPEE.
    62. Simon J. Evenett & Margaret C. Levenstein & Valerie Y. Suslow, 2001. "International Cartel Enforcement: Lessons from the 1990s," UMASS Amherst Economics Working Papers 2001-01, University of Massachusetts Amherst, Department of Economics.
    63. Paul Burrows, 1997. "A Deferential Role for Efficiency Analysis in Unravelling the Takings Tangle," Nordic Journal of Political Economy, Nordic Journal of Political Economy, vol. 24, pages 105-123.
    64. Yehonatan Givati, 2014. "Legal Institutions and Social Values: Theory and Evidence from Plea Bargaining Regimes," Journal of Empirical Legal Studies, John Wiley & Sons, vol. 11(4), pages 867-893, December.
    65. David Meintrup & Chang Woon Nam, 2006. "Shadow Market Area for Air Pollutants," ERSA conference papers ersa06p412, European Regional Science Association.
    66. Courbage, Christophe & Rey, Béatrice & Treich, Nicolas, 2013. "Prevention and precaution," TSE Working Papers 13-445, Toulouse School of Economics (TSE).
    67. Johann Laux & Fabian Stephany & Alice Liefgreen, 2023. "Improving Task Instructions for Data Annotators: How Clear Rules and Higher Pay Increase Performance in Data Annotation in the AI Economy," Papers 2312.14565, arXiv.org, revised Aug 2024.
    68. Gérard Mondello, 2012. "La responsabilité environnementale des prêteurs : difficultés juridiques et ensemble des possibles," L'Actualité Economique, Société Canadienne de Science Economique, vol. 88(2), pages 257-278.
    69. John Armour, 2006. "Legal capital: an outdated concept," Working Papers wp320, Centre for Business Research, University of Cambridge.
    70. Abbink, Klaus & Ryvkin, Dmitry & Serra, Danila, 2020. "Corrupt police," Games and Economic Behavior, Elsevier, vol. 123(C), pages 101-119.
      • Klaus Abbink & Dmitry Ryvkin & Danila Serra, 2018. "Corrupt police," Working Papers wp2018_09_01, Department of Economics, Florida State University, revised Sep 2018.

  30. Steven Shavell & Tanguy van Ypersele, 1999. "Rewards versus Intellectual Property Rights," NBER Working Papers 6956, National Bureau of Economic Research, Inc.

    Cited by:

    1. Justice A. Tambo, 2018. "Recognizing farmer-generated innovations through contests: insights from four African countries," Food Security: The Science, Sociology and Economics of Food Production and Access to Food, Springer;The International Society for Plant Pathology, vol. 10(5), pages 1237-1250, October.
    2. Armin Mertens & Marc Scheufen, 2024. "Intellectual property and fourth industrial revolution technologies: how the patent system is shaping the future in the data-driven economy," European Journal of Law and Economics, Springer, vol. 57(1), pages 275-310, April.
    3. Galasso, Alberto, 2020. "Rewards versus intellectual property rights when commitment is limited," Journal of Economic Behavior & Organization, Elsevier, vol. 169(C), pages 397-411.
    4. Paul Hallwood & Thomas J. Miceli, 2006. "Murky Waters: The Law and Economics of Salvaging Historic Shipwrecks," The Journal of Legal Studies, University of Chicago Press, vol. 35(2), pages 285-302, June.
    5. Isabelle Liotard & Valérie Revest, 2018. "Contests as innovation policy instruments: lessons from the US federal agencies’ experience," Post-Print hal-02067342, HAL.
    6. Gallini, Nancy, 2011. "Private Agreements for Coordinating Patent Rights: The Case of Patent Pools," IEL Working Papers 5, Institute of Public Policy and Public Choice - POLIS.
    7. Lin, Hwan C., 2016. "The switch from patents to state-dependent prizes for technological innovation," Journal of Macroeconomics, Elsevier, vol. 50(C), pages 193-223.
    8. Antonelli Cristiano, 2012. "Compulsory licensing: the foundations of an institutional innovation," Department of Economics and Statistics Cognetti de Martiis LEI & BRICK - Laboratory of Economics of Innovation "Franco Momigliano", Bureau of Research in Innovation, Complexity and Knowledge, Collegio 201207, University of Turin.
    9. Lin, Hwan C., 2012. "Switching from Patents to an Intertemporal Bounty in a Non-Scale Growth Model: Transitional Dynamics and Welfare Evaluation," MPRA Paper 49782, University Library of Munich, Germany, revised 12 Sep 2013.
    10. Christine Greenhalgh & Mark Rogers, 2007. "The Value of Intellectual Property Rights to Firms," Discussion Papers 06-036, Stanford Institute for Economic Policy Research.
    11. Louise Keely, 2001. "Using Patents In Growth Models," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 10(6), pages 449-492.
    12. Dolfsma, W.A., 2006. "IPRs, Technological Development, and Economic Development," ERIM Report Series Research in Management ERS-2006-004-ORG, Erasmus Research Institute of Management (ERIM), ERIM is the joint research institute of the Rotterdam School of Management, Erasmus University and the Erasmus School of Economics (ESE) at Erasmus University Rotterdam.
    13. Frank Mueller-Langer, 2014. "Copyright and parallel trade," Chapters, in: Richard Watt (ed.), Handbook on the Economics of Copyright, chapter 16, pages 287-310, Edward Elgar Publishing.
    14. V. V. Chari & Mikhail Golosov & Aleh Tsyvinski, 2009. "Prizes and Patents: Using Market Signals to Provide Incentives for Innovations," Levine's Working Paper Archive 814577000000000398, David K. Levine.
    15. Stan J. Liebowitz & Richard Watt, 2006. "How To Best Ensure Remuneration For Creators In The Market For Music? Copyright And Its Alternatives," Journal of Economic Surveys, Wiley Blackwell, vol. 20(4), pages 513-545, September.
    16. Towse Ruth, 2007. "The Singer or the Song? Developments in Performers' Rights from the Perspective of a Cultural Economist," Review of Law & Economics, De Gruyter, vol. 3(3), pages 745-766, December.
    17. Rockett, Katharine, 2010. "Property Rights and Invention," Handbook of the Economics of Innovation, in: Bronwyn H. Hall & Nathan Rosenberg (ed.), Handbook of the Economics of Innovation, edition 1, volume 1, chapter 0, pages 315-380, Elsevier.
    18. Julien Pénin, 2003. "Patents versus ex-post rewards : a new look," Cahiers de recherche du Département des sciences économiques, UQAM 20-19, Université du Québec à Montréal, Département des sciences économiques.
    19. Nancy Gallini & Suzanne Scotchmer, 2003. "Intellectual Property: When is it the Best Incentive System?," Levine's Working Paper Archive 618897000000000532, David K. Levine.
    20. Antonelli, Cristiano, 2005. "Technological Knowledge As An Essential Facility," Department of Economics and Statistics Cognetti de Martiis LEI & BRICK - Laboratory of Economics of Innovation "Franco Momigliano", Bureau of Research in Innovation, Complexity and Knowledge, Collegio 200504, University of Turin.
    21. Erwin Arkenbout & Frans van Dijk & Peter van Wijck, 2004. "Copyright in the Information Society: Scenario's and Strategies," European Journal of Law and Economics, Springer, vol. 17(2), pages 237-249, March.
    22. Antonelli, Cristiano, 2003. "The Governance of Technological Knowledge: Strategies, Processes and Public Policies," Department of Economics and Statistics Cognetti de Martiis LEI & BRICK - Laboratory of Economics of Innovation "Franco Momigliano", Bureau of Research in Innovation, Complexity and Knowledge, Collegio 200306, University of Turin.
    23. Gandjour, Afschin & Chernyak, Nadja, 2011. "A new prize system for drug innovation," Health Policy, Elsevier, vol. 102(2), pages 170-177.
    24. Julio R. Robledo, 2005. "The Effect of Litigation on Intellectual Property and Welfare," Vienna Economics Papers vie0511, University of Vienna, Department of Economics.
    25. Jinglei Huang & Danxia Xie & Zhihao Xu, 2024. "Sequential innovation and contribution distribution: measurement from game live-streaming industry," Humanities and Social Sciences Communications, Palgrave Macmillan, vol. 11(1), pages 1-10, December.
    26. Matthew Mitchell, 2000. "Rewarding Sequential Innovators: Patents Prizes and Buyouts," Econometric Society World Congress 2000 Contributed Papers 1650, Econometric Society.
    27. Galasso, Alberto & Mitchell, Matthew & Virag, Gabor, 2018. "A theory of grand innovation prizes," Research Policy, Elsevier, vol. 47(2), pages 343-362.
    28. Paul Romer, 2002. "When Should We Use Intellectual Property Rights?," American Economic Review, American Economic Association, vol. 92(2), pages 213-216, May.
    29. Blanc, Antoine & Huault, Isabelle, 2014. "Against the digital revolution? Institutional maintenance and artefacts within the French recorded music industry," Technological Forecasting and Social Change, Elsevier, vol. 83(C), pages 10-23.
    30. Antoine Blanc & Isabelle Huault, 2011. "Against the Digital Revolution?," Post-Print halshs-00685464, HAL.
    31. Richard A. Posner, 2005. "Intellectual Property: The Law and Economics Approach," Journal of Economic Perspectives, American Economic Association, vol. 19(2), pages 57-73, Spring.
    32. Levin, Mark (Левин, Марк) & Matrosova, Kseniya (Матросова, Ксения), 2017. "Development and Analysis of Economic Models of Innovation Incentives [Разработка И Исследование Экономических Моделей Стимулирования Инновационных Процессов]," Working Papers 061713, Russian Presidential Academy of National Economy and Public Administration.
    33. Neves, Pedro Cunha & Afonso, Oscar & Silva, Diana & Sochirca, Elena, 2021. "The link between intellectual property rights, innovation, and growth: A meta-analysis," Economic Modelling, Elsevier, vol. 97(C), pages 196-209.
    34. Hugo A. Hopenhayn & Gerard Llobet & Matthew F. Mitchell, 2000. "Rewarding sequential innovators: prizes, patents and buyouts," Staff Report 273, Federal Reserve Bank of Minneapolis.
    35. Paul Hallwood & Thomas J. Miceli, 2020. "Unearthing T. Rex: The Law And Economics Of Paleontological Finds," Contemporary Economic Policy, Western Economic Association International, vol. 38(4), pages 723-735, October.
    36. Nicholas, Tom, 2011. "Cheaper patents," Research Policy, Elsevier, vol. 40(2), pages 325-339, March.
    37. Werner Hölzl, 2007. "Intellectual Property Rights, Innovation and European IPR Policy," Austrian Economic Quarterly, WIFO, vol. 12(1), pages 71-82, May.
    38. Jalles, João Tovar, 2010. "How to measure innovation? New evidence of the technology-growth linkage," Research in Economics, Elsevier, vol. 64(2), pages 81-96, June.
    39. Cabral, Luis & Spagnolo, Giancarlo & Cozzi, Guido & Zanza, Matteo & Denicolo, Vincenzo, 2006. "Procuring Innovation," CEPR Discussion Papers 5774, C.E.P.R. Discussion Papers.
    40. Obi Peter Adigwe & Davidson Oturu, 2022. "The role of patent waivers and compulsory licensing in facilitating access to COVID-19 vaccines: Findings from a survey among healthcare practitioners in Nigeria," PLOS Global Public Health, Public Library of Science, vol. 2(7), pages 1-11, July.
    41. Belleflamme,Paul & Peitz,Martin, 2015. "Industrial Organization," Cambridge Books, Cambridge University Press, number 9781107687899, January.
    42. Alcalá, Francisco & Gonzalez-Maestre, Miguel, 2009. "Copying, superstars and artistic creation," UMUFAE Economics Working Papers 5606, DIGITUM. Universidad de Murcia.
    43. Le, Son & Sukhatme, Neel U., 2020. "Reaching for mediocrity: Competition and stagnation in pharmaceutical innovation," International Review of Law and Economics, Elsevier, vol. 64(C).
    44. Christine Greenhalgh & Padraig Dixon, 2002. "The Economics of Intellectual Property: A Review to Identify Themes for Future Research," Economics Series Working Papers 135, University of Oxford, Department of Economics.
    45. Josh Lerner, 2002. "Patent Protection and Innovation Over 150 Years," NBER Working Papers 8977, National Bureau of Economic Research, Inc.
    46. Pardey, Philip G. & James, Jennifer S. & Alston, Julian M. & Wood, Stanley & Koo, Bonwoo & Binenbaum, Eran & Hurley, Terrance M. & Glewwe, Paul & Mayer, Jorge & Jones, Richard & De Groote, Hugo & Kana, 2007. "Science, Technology and Skills," Reports 136256, University of Minnesota, International Science and Technology Practice and Policy.
    47. Ivan Png & Qiu-hong Wang, 2007. "Copyright Duration and the Supply of Creative Work," Levine's Working Paper Archive 321307000000000478, David K. Levine.
    48. Wright, Brian D. & Pardey, Philip G. & Nottenburg, Carol & Koo, Bonwoo, 2007. "Agricultural Innovation: Investments and Incentives," Handbook of Agricultural Economics, in: Robert Evenson & Prabhu Pingali (ed.), Handbook of Agricultural Economics, edition 1, volume 3, chapter 48, pages 2533-2603, Elsevier.
    49. Ryan, Michael P., 2010. "Patent Incentives, Technology Markets, and Public-Private Bio-Medical Innovation Networks in Brazil," World Development, Elsevier, vol. 38(8), pages 1082-1093, August.
    50. Julien Pénin, 2013. "Devrait-on obliger les entreprises à investir en R&D ? Vers une approche des politiques d’innovation par la responsabilité des entreprises," Working Papers of BETA 2013-11, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.
    51. Michael Kremer, 2000. "Creating Markets for New Vaccines Part II: Design Issues," NBER Working Papers 7717, National Bureau of Economic Research, Inc.
    52. David Allen Axelrod, 2021. "On the Obsolescence of Long-Run Rationality," RAIS Conference Proceedings 2021 0139, Research Association for Interdisciplinary Studies.
    53. Felix Carl Schultz & Vincent Czyrnik & Ingo Pies, 2024. "Is there a case for or against patents to incentivize green technologies?: A critical evaluation of innovation incentives for the global north and global south," Sustainability Nexus Forum, Springer, vol. 32(1), pages 1-9, December.
    54. Sandén, Klas, 2008. "Rewards and Copyrights with Hidden Information," CAFO Working Papers 2009:4, Linnaeus University, Centre for Labour Market Policy Research (CAFO), School of Business and Economics.
    55. David Encaoua & Dominique Guellec & Catalina Martínez, 2006. "Patent Systems for Encouraging Innovation: Lessons from Economic Analysis," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00177614, HAL.
    56. Marchese, Carla & Marsiglio, Simone & Privileggi, Fabio & Ramello, Giovanni, 2014. "Endogenous Recombinant Growth through Market Production of Knowledge and Intellectual Property Rights," Department of Economics and Statistics Cognetti de Martiis. Working Papers 201413, University of Turin.
    57. William R. Johnson, 2006. "The Economics of Ideas and the Ideas of Economists," Southern Economic Journal, John Wiley & Sons, vol. 73(1), pages 1-12, July.
    58. Josh Lerner, 2000. "150 Years of Patent Protection," NBER Working Papers 7478, National Bureau of Economic Research, Inc.
    59. Grinols, Earl L. & Lin, Hwan C., 2011. "Patent replacement and welfare gains," Journal of Economic Dynamics and Control, Elsevier, vol. 35(9), pages 1586-1604, September.
    60. Antoneli, Cristiano, 2005. "The Trade-Off Of Intellectual Property Rights Reconsidered: Technological Knowledge As An Essential Facility," Department of Economics and Statistics Cognetti de Martiis LEI & BRICK - Laboratory of Economics of Innovation "Franco Momigliano", Bureau of Research in Innovation, Complexity and Knowledge, Collegio 200509, University of Turin.
    61. David Moroz, 2005. "Production of Scientific Knowledge and Radical Uncertainty: The Limits of the Normative Approach in Innovation Economics," European Journal of Law and Economics, Springer, vol. 20(3), pages 305-322, November.
    62. Brunt, Liam & Lerner, Josh & Nicholas, Tom, 2011. "Inducement Prizes and Innovation," Discussion Paper Series in Economics 25/2011, Norwegian School of Economics, Department of Economics.
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    Cited by:

    1. Ogus, Anthony, 2003. "Corruption and Regulatory Structures," Berkeley Olin Program in Law & Economics, Working Paper Series qt5np4s6qq, Berkeley Olin Program in Law & Economics.
    2. Antonio Acconcia & Marcello D'Amato & Riccardo Martina, 2003. "Corruption and Tax Evasion with Competitive Bribes," CSEF Working Papers 112, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy.
    3. Amrita Dillon & MANDAR OAK, 2015. "Legalization of Bribe Giving when Bribe Type Is Endogenous," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 17(4), pages 580-604, August.
    4. A. Mitchell Polinsky & Steven Shavell, 2005. "The Theory of Public Enforcement of Law," Discussion Papers 05-004, Stanford Institute for Economic Policy Research.
    5. Keith Blackburn & Kyriakos C. Neanidis & Maria Paola Rana, 2017. "A theory of organized crime, corruption and economic growth," Economic Theory Bulletin, Springer;Society for the Advancement of Economic Theory (SAET), vol. 5(2), pages 227-245, October.
    6. Faisal Jamil & Eatzaz Ahmad, 2013. "An Economic Investigation of Corruption and Electricity Theft," PIDE-Working Papers 2013:92, Pakistan Institute of Development Economics.
    7. Ajit Mishra, 2005. "Optimal Enforcement Policies Under the Threat of Collusion and Extortion," Dundee Discussion Papers in Economics 184, Economic Studies, University of Dundee.
    8. Samuel, Andrew, 2009. "Preemptive collusion among corruptible law enforcers," Journal of Economic Behavior & Organization, Elsevier, vol. 71(2), pages 441-450, August.
    9. Kyriakos C. Neanidis & Maria Paola Rana & Keith Blackburn, 2017. "An empirical analysis of organized crime, corruption and economic growth," Annals of Finance, Springer, vol. 13(3), pages 273-298, August.
    10. A. Mitchell Polinsky & Steven Shavell, 2006. "Public Enforcement of Law," Discussion Papers 05-016, Stanford Institute for Economic Policy Research.
    11. Kugler, Maurice & Verdier, Thierry & Zenou, Yves, 2005. "Organized crime, corruption and punishment," Journal of Public Economics, Elsevier, vol. 89(9-10), pages 1639-1663, September.
    12. Lambsdorff, Johann Graf & Grubiak, Kevin & Werner, Katharina, 2023. "Intrinsic Motivation vs. Corruption? Experimental Evidence on the Performance of Officials," MPRA Paper 118153, University Library of Munich, Germany.
    13. Mazhar Ummad & Iftikhar Komal, 2021. "Corruption Accusations and Bureaucratic Performance: Evidence from Pakistan," Economics - The Open-Access, Open-Assessment Journal, De Gruyter, vol. 15(1), pages 60-71, January.
    14. Bac, Mehmet, 2018. "Wages, performance and harassment," Journal of Economic Behavior & Organization, Elsevier, vol. 145(C), pages 232-248.
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    21. Meerza, Syed Imran Ali & Giannakas, Konstantinos & Yiannaka, Amalia, "undated". "Optimal Policy Response to Food Fraud," 2018 Annual Meeting, August 5-7, Washington, D.C. 273858, Agricultural and Applied Economics Association.
    22. Baumann, Florian & Friehe, Tim, 2013. "Status concerns as a motive for crime?," DICE Discussion Papers 93, Heinrich Heine University Düsseldorf, Düsseldorf Institute for Competition Economics (DICE).
    23. Antonio Acconcia, 2006. "Endogenous Corruption and Tax Evasion in a Dynamic Model," CSEF Working Papers 154, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy, revised 01 Nov 2006.
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    51. Anna Rita Germani & Giorgia Marini & Alessio D’Amato & Alan P. Ker, 2025. "Do environmental crimes contribute to air pollution? Empirical evidence and effects on health," Economia Politica: Journal of Analytical and Institutional Economics, Springer;Fondazione Edison, vol. 42(1), pages 59-89, April.
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    56. Giovanni Immordino & Marco Pagano & Michele Polo, 2006. "Norm Flexibility and Private Initiative," CSEF Working Papers 163, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy, revised 01 Nov 2006.
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    117. Piter Abdullah, 2010. "Kejahatan Perbankan dan Efektivitas Pengawasan Perbankan: Menggabungkan Teori Permainan dan Pendekatan Analytical Network Process," Bulletin of Monetary Economics and Banking, Bank Indonesia, vol. 13(2), pages 215-234, October.
    118. Ogus, Anthony, 2005. "Towards Appropriate Institutional Arrangements for Regulation in Less Developed Countries," Centre on Regulation and Competition (CRC) Working papers 30644, University of Manchester, Institute for Development Policy and Management (IDPM).
    119. Burlando, Alfredo & Motta, Alberto, 2016. "Legalize, tax, and deter: Optimal enforcement policies for corruptible officials," Journal of Development Economics, Elsevier, vol. 118(C), pages 207-215.
    120. Geoffrey Hodgson & Shuxia Jiang, 2008. "La economía de la corrupción y la corrupción de la economía: una perspectiva institucionalista," Revista de Economía Institucional, Universidad Externado de Colombia - Facultad de Economía, vol. 10(18), pages 55-80, January-J.
    121. Jos� A. Rodrigues-Neto, 2009. "Sex, Money and Corruption," ANU Working Papers in Economics and Econometrics 2009-500, Australian National University, College of Business and Economics, School of Economics.
    122. Rocco Ciciretti & Simone Meraglia & Gustavo Piga, 2011. "Capture, Politics and Antitrust Effectiveness," CEIS Research Paper 208, Tor Vergata University, CEIS, revised 05 Apr 2013.
    123. Stojanovikj, Martin, 2022. "Can inflation targeting reduce price information asymmetry and alleviate corruptive behavior? Evidence from developing countries," Economic Systems, Elsevier, vol. 46(3).
    124. Ken Yahagi, 2018. "Private law enforcement with competing groups," Economics of Governance, Springer, vol. 19(3), pages 285-297, August.
    125. Nøstbakken, Linda, 2008. "Fisheries law enforcement--A survey of the economic literature," Marine Policy, Elsevier, vol. 32(3), pages 293-300, May.
    126. David Howden, 2014. "Knowledge flows and insider trading," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 27(1), pages 45-55, March.

  32. Louis Kaplow & Steven Shavell, 1999. "Any Non-Individualistic Social Welfare Function Violates the Pareto Principle," NBER Working Papers 7051, National Bureau of Economic Research, Inc.

    Cited by:

    1. Louis Kaplow, 2000. "Horizontal Equity: New Measures, Unclear Principles," NBER Working Papers 7649, National Bureau of Economic Research, Inc.

  33. Louis Kaplow & Steven Shavell, 1997. "On the Superiority of Corrective Taxes to Quantity Regulation," NBER Working Papers 6251, National Bureau of Economic Research, Inc.

    Cited by:

    1. Shrestha, Ratna K., 2017. "Menus of price-quantity contracts for inducing the truth in environmental regulation," Journal of Environmental Economics and Management, Elsevier, vol. 83(C), pages 1-7.
    2. Enrico Perotti & Javier Suarez, 2011. "A Pigovian Approach to Liquidity Regulation," Tinbergen Institute Discussion Papers 11-040/2/DSF15, Tinbergen Institute.
    3. Andrew Yates, 2012. "On a Fundamental Advantage of Permits Over Taxes for the Control of Pollution," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 51(4), pages 583-598, April.
    4. Don Fullerton, 2001. "A Framework to Compare Environmental Policies," NBER Working Papers 8420, National Bureau of Economic Research, Inc.
    5. Martin L. Weitzman, 2020. "Prices or Quantities Can Dominate Banking and Borrowing," Scandinavian Journal of Economics, Wiley Blackwell, vol. 122(2), pages 437-463, April.
    6. Moledina, Amyaz A. & Coggins, Jay S. & Polasky, Stephen & Costello, Christopher, 2003. "Dynamic environmental policy with strategic firms: prices versus quantities," Journal of Environmental Economics and Management, Elsevier, vol. 45(2, Supple), pages 356-376, March.
    7. Stavins, Robert, 2003. "Market-Based Environmental Policies: What Can We Learn from U.S. Experience and Related Research?," Working Paper Series rwp03-031, Harvard University, John F. Kennedy School of Government.
    8. Anthony Heyes & Sandeep Kapur, 2011. "Regulating altruistic agents," Canadian Journal of Economics, Canadian Economics Association, vol. 44(1), pages 227-246, February.
    9. Stavins, Robert, 2001. "Lessons from the American Experiment with Market-Based Environmental Policies," Working Paper Series rwp01-032, Harvard University, John F. Kennedy School of Government.
    10. Roberton Williams, 2002. "Prices vs. Quantities vs. Tradable Quantities," NBER Working Papers 9283, National Bureau of Economic Research, Inc.
    11. Evan M. Herrnstadt & Ryan Kellogg & Eric Lewis, 2020. "The Economics of Time-Limited Development Options: The Case of Oil and Gas Leases," Working Papers 2020-66, Becker Friedman Institute for Research In Economics.
    12. Louis Kaplow, 2011. "An Optimal Tax System," NBER Working Papers 17214, National Bureau of Economic Research, Inc.
    13. Robert N. Stavins, 2007. "Environmental Economics," NBER Working Papers 13574, National Bureau of Economic Research, Inc.
    14. Lori Bennear & Robert Stavins, 2007. "Second-best theory and the use of multiple policy instruments," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 37(1), pages 111-129, May.
    15. Henry Yeomans, 2019. "Regulating drinking through alcohol taxation and minimum unit pricing: A historical perspective on alcohol pricing interventions," Regulation & Governance, John Wiley & Sons, vol. 13(1), pages 3-17, March.
    16. Claus Thustrup Kreiner & Nicolaj Verdelin, 2012. "Optimal Provision of Public Goods: A Synthesis," Scandinavian Journal of Economics, Wiley Blackwell, vol. 114(2), pages 384-408, June.
    17. Gilbert E. Metcalf, 2009. "Cost Containment in Climate Change Policy: Alternative Approaches to Mitigating Price Volatility," NBER Working Papers 15125, National Bureau of Economic Research, Inc.
    18. Stavins, Robert N., 2003. "Experience with market-based environmental policy instruments," Handbook of Environmental Economics, in: K. G. Mäler & J. R. Vincent (ed.), Handbook of Environmental Economics, edition 1, volume 1, chapter 9, pages 355-435, Elsevier.
    19. Mandell, Svante, 2008. "Optimal mix of emissions taxes and cap-and-trade," Journal of Environmental Economics and Management, Elsevier, vol. 56(2), pages 131-140, September.
    20. A. Lans Bovenberg & Lawrence H. Goulder, 2001. "Environmental Taxation and Regulation," NBER Working Papers 8458, National Bureau of Economic Research, Inc.
    21. Rousseau, Sandra & Telle, Kjetil, 2010. "On the existence of the optimal fine for environmental crime," International Review of Law and Economics, Elsevier, vol. 30(4), pages 329-337, December.
    22. Hirte, Georg & Rhee, Hyok-Joo, 2016. "Regulation versus Taxation," CEPIE Working Papers 05/16, Technische Universität Dresden, Center of Public and International Economics (CEPIE).
    23. Giancarlo Corsetti & Michael P. Devereux & John Hassler & Gilles Saint-Paul & Hans-Werner Sinn & Jan-Egbert Sturm & Xavier Vives, 2011. "EEAG Report on the European Economy 2011," EEAG Report on the European Economy, CESifo, vol. 0, pages 1-176, February.
    24. Shackelford, Douglas A. & Shaviro, Daniel N. & Slemrod, Joel, 2010. "Taxation and the Financial Sector," National Tax Journal, National Tax Association;National Tax Journal, vol. 63(4), pages 781-806, December.
    25. Berglann, Helge, 2012. "Implementing optimal taxes using tradable share permits," Journal of Environmental Economics and Management, Elsevier, vol. 64(3), pages 402-409.
    26. Maciej H. Kotowski & David A. Weisbach & Richard J. Zeckhauser, 2014. "Rules and Standards When Compliance Costs Are Private Information," The Journal of Legal Studies, University of Chicago Press, vol. 43(S2), pages 297-329.
    27. Claus Thustrup Kreiner & Nicolaj Verdelin, 2009. "Optimal Provision of Public Goods: A Synthesis," CESifo Working Paper Series 2538, CESifo.
    28. Haucap, Justus & Kirstein, Roland, 2002. "Warum Staaten Ökosteuern statt Lizenzen einführen, und wann das schlecht für die Wohlfahrt ist," CSLE Discussion Paper Series 2002-07, Saarland University, CSLE - Center for the Study of Law and Economics.
    29. Edward L. Glaeser & Andrei Shleifer, 2001. "A Case for Quantity Regulation," NBER Working Papers 8184, National Bureau of Economic Research, Inc.
    30. Kellogg, Ryan, 2018. "Gasoline price uncertainty and the design of fuel economy standards," Journal of Public Economics, Elsevier, vol. 160(C), pages 14-32.
    31. R.A. Somerville, 2012. "Rationally Expected Externalities: The Implications for Optimal Waste Discharge and Recycling," Trinity Economics Papers tep0112, Trinity College Dublin, Department of Economics.
    32. Hirte, Georg & Min, Hyuk-Ki & Rhee, Hyok-Joo, 2022. "Regulation versus taxation: Efficiency of zoning and tax instruments as anti-congestion policies," Journal of Housing Economics, Elsevier, vol. 56(C).
    33. J. Peter Clinch & Eoin O'Neill, 2010. "Assessing the Relative Merits of Development Charges and Transferable Development Rights in an Uncertain World," Urban Studies, Urban Studies Journal Limited, vol. 47(4), pages 891-911, April.
    34. Kennedy Peter W & Laplante Benoit & Whittington Dale, 2010. "Simple Pricing Schemes for Pollution Control under Asymmetric Information," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 10(1), pages 1-37, February.
    35. Linda Cohen & Amihai Glazer, 2008. "Regulation with Budget Constraints Can Dominate Regulation by Price and by Quantity," Working Papers 080903, University of California-Irvine, Department of Economics.
    36. Giancarlo Corsetti & Michael P. Devereux & John Hassler & Gilles Saint-Paul & Hans-Werner Sinn & Jan-Egbert Sturm & Xavier Vives, 2011. "Chapter 5: Taxation and Regulation of the Financial Sector," EEAG Report on the European Economy, CESifo, vol. 0, pages 147-169, February.
    37. Schoefer, Benjamin, 2010. "Regulation and taxation: A complementarity," Journal of Comparative Economics, Elsevier, vol. 38(4), pages 381-394, December.
    38. Mort Webster, 2008. "Incorporating Path Dependency into Decision-Analytic Methods: An Application to Global Climate-Change Policy," Decision Analysis, INFORMS, vol. 5(2), pages 60-75, June.
    39. Jiang, Changmin & Yang, Hangjun, 2021. "Carbon tax or sustainable aviation fuel quota," Energy Economics, Elsevier, vol. 103(C).
    40. Shrestha, Ratna K., 2001. "The choice of environmental policy instruments under correlated uncertainty," Resource and Energy Economics, Elsevier, vol. 23(2), pages 175-185, April.
    41. Tang, Bao-Jun & Wang, Xiang-Yu & Wei, Yi-Ming, 2019. "Quantities versus prices for best social welfare in carbon reduction: A literature review," Applied Energy, Elsevier, vol. 233, pages 554-564.
    42. Roger Gordon, 2023. "Carbon Taxes: Many Strengths but Key Weaknesses," NBER Chapters, in: Tax Policy and the Economy, Volume 38, pages 1-24, National Bureau of Economic Research, Inc.
    43. Shinkuma, Takayoshi & Sugeta, Hajime, 2016. "Tax versus emissions trading scheme in the long run," Journal of Environmental Economics and Management, Elsevier, vol. 75(C), pages 12-24.
    44. Steven Shavell, 2005. "Liability for Accidents," NBER Working Papers 11781, National Bureau of Economic Research, Inc.
    45. Steven Shavell, 2010. "The Corrective Tax versus Liability As Solutions to the Problem of Harmful Externalities," NBER Working Papers 16235, National Bureau of Economic Research, Inc.
    46. Claudio Agostini & Pablo Correa & Carla Maldonado & Max Spiess, 2021. "Hoja en blanco: hacia una nueva institucionalidad y régimen tributario para Chile," Estudios Públicos, Centro de Estudios Públicos, vol. 0(161), pages 153-186.
    47. David Blandford, 2010. "Presidential Address: The Visible or Invisible Hand? The Balance Between Markets and Regulation in Agricultural Policy," Journal of Agricultural Economics, Wiley Blackwell, vol. 61(3), pages 459-479, September.
    48. Imane Bounadi & Khalil Allali & Aziz Fadlaoui & Mohammed Dehhaoui, 2023. "Water Pollution Abatement in Olive Oil Industry in Morocco: Cost Estimates and Policy Implications," Sustainability, MDPI, vol. 15(5), pages 1-19, February.
    49. Bergquist, Ann-Kristin & Söderholm, Kristina & Kinneryd, Hanna & Lindmark, Magnus & Söderholm, Patrik, 2013. "Command-and-control revisited: Environmental compliance and technological change in Swedish industry 1970–1990," Ecological Economics, Elsevier, vol. 85(C), pages 6-19.
    50. Paul Mensink, 2004. "Instant Efficient Pollution Abatement under Non-Linear Taxation and Asymmetric Information: The Differential Tax Revisited," Working Papers 2004.124, Fondazione Eni Enrico Mattei.
    51. Takayoshi Shinkuma & Hajime Sugeta, 2022. "Trial runs as environmental policy with strategic firms," Environmental Economics and Policy Studies, Springer;Society for Environmental Economics and Policy Studies - SEEPS, vol. 24(2), pages 285-303, April.
    52. de Palma, André & Lindsey, Robin, 2020. "Tradable permit schemes for congestible facilities with uncertain supply and demand," Economics of Transportation, Elsevier, vol. 21(C).
    53. Steven Shavell, 2011. "Corrective Taxation versus Liability as a Solution to the Problem of Harmful Externalities," Journal of Law and Economics, University of Chicago Press, vol. 54(S4), pages 249-266.
    54. Yair Listokin, 2019. "A Theoretical Framework for Law and Macroeconomics," American Law and Economics Review, American Law and Economics Association, vol. 21(1), pages 46-80.
    55. Vetter Henrik, 2005. "Pollution Taxes for Monopolistically Competitive Firms," The B.E. Journal of Theoretical Economics, De Gruyter, vol. 5(1), pages 1-25, May.
    56. Frank Convery, 2009. "Origins and Development of the EU ETS," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 43(3), pages 391-412, July.
    57. De Chiara, Alessandro & Elizalde, Idoia & Manna, Ester & Segura-Moreiras, Adrian, 2021. "Car accidents in the age of robots," International Review of Law and Economics, Elsevier, vol. 68(C).
    58. Huttunen, Kristiina & Pekkala Kerr, Sari & Mälkönen, Ville, 2014. "The Effect of Rehabilitative Punishments on Juvenile Crime and Labor Market Outcomes," IZA Discussion Papers 8403, IZA Network @ LISER.
    59. L. Franzoni, 2019. "Legal Change in the Face of Risk Averse Subjects: A Generalization of the Theory," Working Papers wp1132, Dipartimento Scienze Economiche, Universita' di Bologna.
    60. Shagun Tripathi & Georgios Petropoulos & Harris Kyriakou, 2025. "Assessing the Impact of Algorithmic Quantity Regulations on Sharing Platforms: Evidence from Airbnb in Paris," CESifo Working Paper Series 11811, CESifo.
    61. Ditya Agung Nurdianto, 2016. "Economic Impacts of a Carbon Tax in an Integrated ASEAN," EEPSEA Special and Technical Paper tp201604t5, Economy and Environment Program for Southeast Asia (EEPSEA), revised Apr 2016.
    62. Miyamoto, Takuro, 2014. "Taxes versus quotas in lobbying by a polluting industry with private information on abatement costs," Resource and Energy Economics, Elsevier, vol. 38(C), pages 141-167.
    63. Bergquist, Ann-Kristin & Söderholm, Kristina & Kinneryd, Hanna & Lindmark, Magnus & Söderholm, Patrick, 2012. "Command-and-Control Revisited: Environmental Compliance and Innovation in Swedish Industry 1970-1990," CERE Working Papers 2012:2, CERE - the Center for Environmental and Resource Economics.

  34. A. Mitchell Polinsky & Steven Shavell, 1997. "On the Disutility and Discounting of Imprisonment and the Theory of Deterrence," NBER Working Papers 6259, National Bureau of Economic Research, Inc.

    Cited by:

    1. A. Mitchell Polinsky & Steven Shavell, 2005. "The Theory of Public Enforcement of Law," Discussion Papers 05-004, Stanford Institute for Economic Policy Research.
    2. A. Mitchell Polinsky & Steven Shavell, 2006. "Public Enforcement of Law," Discussion Papers 05-016, Stanford Institute for Economic Policy Research.
    3. Eide, Erling & Rubin, Paul H. & Shepherd, Joanna M., 2006. "Economics of Crime," Foundations and Trends(R) in Microeconomics, now publishers, vol. 2(3), pages 205-279, December.
    4. Steven N. Durlauf & Daniel S. Nagin, 2010. "The Deterrent Effect of Imprisonment," NBER Chapters, in: Controlling Crime: Strategies and Tradeoffs, pages 43-94, National Bureau of Economic Research, Inc.
    5. Frank Sloan & Alyssa Platt & Lindsey Chepke & Claire Blevins, 2013. "Deterring domestic violence: Do criminal sanctions reduce repeat offenses?," Journal of Risk and Uncertainty, Springer, vol. 46(1), pages 51-80, February.
    6. Ana Carolina Oliveira Fiorini & Marilyn Swisher & Francis E. Putz, 2020. "Payment for Environment Services to Promote Compliance with Brazil’s Forest Code: The Case of “Produtores de Água e Floresta”," Sustainability, MDPI, vol. 12(19), pages 1-51, October.
    7. Bjerk, David, 2008. "On the role of plea bargaining and the distribution of sentences in the absence of judicial system frictions," International Review of Law and Economics, Elsevier, vol. 28(1), pages 1-7, March.
    8. Basili, Marcello & Belloc, Filippo, 2021. "The deterrent effect of “Vehicular Homicide Laws”: Microeconometric evidence from Italy," Research in Transportation Economics, Elsevier, vol. 90(C).
    9. Mastrobuoni, Giovanni & Rivers, David A., 2017. "Optimizing Criminal Behavior and the Disutility of Prison," IZA Discussion Papers 10796, IZA Network @ LISER.
    10. Iwasaki, Masaki, 2020. "A model of corporate self-policing and self-reporting," International Review of Law and Economics, Elsevier, vol. 63(C).
    11. van Winden Frans A.A.M. & Ash Elliott, 2012. "On the Behavioral Economics of Crime," Review of Law & Economics, De Gruyter, vol. 8(1), pages 181-213, June.
    12. Alexander Klein, 2000. "Jail or Fine - Let Them Choose," Econometric Society World Congress 2000 Contributed Papers 0337, Econometric Society.
    13. A. Mitchell Polinsky & Paul N. Riskind, 2017. "Deterrence and the Optimal Use of Prison, Parole, and Probation," NBER Working Papers 23436, National Bureau of Economic Research, Inc.
    14. Entorf, Horst, 2007. "Evaluation des Maßregelvollzugs: Grundzüge einer Kosten-Nutzen-Analyse," Darmstadt Discussion Papers in Economics 183, Darmstadt University of Technology, Department of Law and Economics.
    15. Anna Piil Damm & Britt Østergaard Larsen & Helena Skyt Nielsen & Marianne Simonsen, 2017. "Lowering the minimum age of criminal responsibility: Consequences for juvenile crime and education," Economics Working Papers 2017-10, Department of Economics and Business Economics, Aarhus University.
    16. Avner Bar-Ilan & Bruce Sacerdote, 2001. "The Response to Fines and Probability of Detection in a Series of Experiments," NBER Working Papers 8638, National Bureau of Economic Research, Inc.
    17. Richard Boylan & Cheryl Xiaoning Long, 2000. "Size, Monitoring and Plea Rate: An Examination of United States Attorneys," Econometric Society World Congress 2000 Contributed Papers 0089, Econometric Society.
    18. Murat C. Mungan & Jonathan Klick, 2014. "Forfeiture of Illegal Gains, Attempts, and Implied Risk Preferences," The Journal of Legal Studies, University of Chicago Press, vol. 43(1), pages 137-153.
    19. Mungan Murat C. & Klick Jonathan, 2015. "Discounting and Criminals’ Implied Risk Preferences," Review of Law & Economics, De Gruyter, vol. 11(1), pages 19-23, March.
    20. Gilles Grolleau & Murat C Mungan & Naoufel Mzoughi, 2025. "Perceptions of Justice: Assessing the Perceived Effectiveness of Punishments by Artificial Intelligence versus Human Judges," Post-Print hal-04854067, HAL.
    21. Harel, Alon & Segal, Uzi, 1999. "Criminal Law and Behavioral Law and Economics: Observations on the Neglected Role of Uncertainty in Deterring Crime," Berkeley Olin Program in Law & Economics, Working Paper Series qt2gx715nd, Berkeley Olin Program in Law & Economics.
    22. Laura Jaitman, 2019. "Frontiers in the economics of crime: lessons for Latin America and the Caribbean," Latin American Economic Review, Springer;Centro de Investigaciòn y Docencia Económica (CIDE), vol. 28(1), pages 1-36, December.
    23. Shamir Noam & Shamir Julia, 2012. "The Role of Prosecutor's Incentives in Creating Congestion in Criminal Courts," Review of Law & Economics, De Gruyter, vol. 8(3), pages 579-618, December.
    24. Entorf, Horst & Meyer, Susanne, 2004. "Kosten und Nutzen des Strafvollzuges: Grundlagen im Rahmen einer rationalen Kriminalpolitik," Darmstadt Discussion Papers in Economics 129, Darmstadt University of Technology, Department of Law and Economics.
    25. Friehe, Tim & Miceli, Thomas J., 2023. "Celerity of punishment and deterrence: The impacts of discounting and present bias," Economics Letters, Elsevier, vol. 228(C).
    26. Maria BAXEVANI & George MYLONAS, 2014. "Accounting Fraud And Characteristics Of Company Executives: An Empirical Investigation," Scientific Bulletin - Economic Sciences, University of Pitesti, vol. 13(2), pages 31-42.
    27. Doménech-Pascual, Gabriel & Jiménez, Juan Luis, 2024. "Changes in damages when liability rules change: an empirical study on compensation for the time spent in pretrial detention," International Review of Law and Economics, Elsevier, vol. 78(C).
    28. Daniel Kessler & Steven D. Levitt, 1998. "Using Sentence Enhancements to Distinguish between Deterrence and Incapacitation," NBER Working Papers 6484, National Bureau of Economic Research, Inc.
    29. A. Mitchell Polinsky & Steven Shavell, 1999. "The Economic Theory of Public Enforcement of Law," NBER Working Papers 6993, National Bureau of Economic Research, Inc.
    30. Bac, Mehmet, 2010. "The interaction between potential criminals' and victims' demands for guns," Journal of Public Economics, Elsevier, vol. 94(5-6), pages 337-343, June.
    31. Yehonatan Givati, 2014. "Legal Institutions and Social Values: Theory and Evidence from Plea Bargaining Regimes," Journal of Empirical Legal Studies, John Wiley & Sons, vol. 11(4), pages 867-893, December.
    32. Yair Listokin, 2005. "Future‐Oriented Gang Members?," American Journal of Economics and Sociology, Wiley Blackwell, vol. 64(4), pages 1073-1083, October.
    33. Lambsdorff, Johann & Nell, Mathias, 2007. "Fighting corruption with asymmetric penalties and leniency," University of Göttingen Working Papers in Economics 59, University of Goettingen, Department of Economics.
    34. Justus, Marcelo & Conti, Thomas Victor, 2017. "An economic approach on imprisonment of second-instance convicts: the case of Brazil," MPRA Paper 81639, University Library of Munich, Germany.
    35. Dhammika Dharmapala & Nuno Garoupa, 2002. "Penalty Enhancement for Hate Crimes: An Economic Analysis," Working papers 2002-12, University of Connecticut, Department of Economics.
    36. Chang, Juin-jen & Lai, Ching-chong & Yang, C. C., 2000. "Casual police corruption and the economics of crime:: Further results," International Review of Law and Economics, Elsevier, vol. 20(1), pages 35-51, March.
    37. Maennig, Wolfgang & Wilhelm, Stefan, 2023. "News and noise in crime politics: The role of announcements and risk attitudes," Economic Modelling, Elsevier, vol. 129(C).
    38. Mungan, Murat C., 2019. "Salience and the severity versus the certainty of punishment," International Review of Law and Economics, Elsevier, vol. 57(C), pages 95-100.

  35. Steven Shavell & Kathryn Spier, 1996. "Threats without Binding Commitment," NBER Working Papers 5461, National Bureau of Economic Research, Inc.

    Cited by:

    1. Sonin, Konstantin & Schwarz, Michael, 2005. "A Theory of Brinkmanship, Conflicts, and Commitments," CEPR Discussion Papers 5075, C.E.P.R. Discussion Papers.
    2. Farmer, Amy & Pecorino, Paul, 1998. "A reputation for being a nuisance: frivolous lawsuits and fee shifting in a repeated play game," International Review of Law and Economics, Elsevier, vol. 18(2), pages 147-157, June.
    3. Gomez, Fernando & Ganuza, Juan-Jose, 2002. "Civil and criminal sanctions against blackmail: an economic analysis," International Review of Law and Economics, Elsevier, vol. 21(4), pages 475-498, May.
    4. Michele Moretto & Paola Valbonesi, 2004. "Opting-out in profit-sharing regulation," Industrial Organization 0403002, University Library of Munich, Germany.
    5. Vafai, Kouroche, 2002. "Preventing abuse of authority in hierarchies," International Journal of Industrial Organization, Elsevier, vol. 20(8), pages 1143-1166, October.

  36. Louis Kaplow & Steven Shavell, 1993. "Accuracy in the Assessment of Damages," NBER Working Papers 4287, National Bureau of Economic Research, Inc.

    Cited by:

    1. Florian Baumann & Tim Friehe & Kristoffel Grechenig, 2010. "Switching Consumers and Product Liability: On the Optimality of Incomplete Strict Liability," Discussion Paper Series of the Max Planck Institute for Behavioral Economics 2010_03, Max Planck Institute for Behavioral Economics.
    2. Guiseppe Dari Mattiaci & G.G.A. de Geest, 2003. "Judgement Proofness under Four Different Precaution Technologies," Working Papers 03-16, Utrecht School of Economics.
    3. Giovanni Immordino & Michele Polo, 2012. "Antitrust in Innovative Industries: the Optimal Legal Standards," Working Papers 434, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University.
    4. Donatella Porrini, 2005. "Environmental Policies Choice as an Issue of Informational Efficiency," Chapters, in: Jürgen G. Backhaus (ed.), The Elgar Companion to Law and Economics, Second Edition, chapter 23, Edward Elgar Publishing.
    5. Endres, Alfred & Bertram, Regina, 2006. "The development of care technology under liability law," International Review of Law and Economics, Elsevier, vol. 26(4), pages 503-518, December.
    6. Boyd, James, 1996. "Banking on "Green Money:" Are Environmental Financial Responsibility Rules Fulfilling Their Promise?," RFF Working Paper Series dp-96-26, Resources for the Future.
    7. Dari-Mattiacci, Giuseppe & Saraceno, Margherita, 2020. "Fee shifting and accuracy in adjudication," International Review of Law and Economics, Elsevier, vol. 63(C).
    8. A. Mitchell Polinsky & Daniel L. Rubinfeld, 2005. "A Damage-Revelation Rationale for Coupon Remedies," Discussion Papers 04-009, Stanford Institute for Economic Policy Research.
    9. Simon Schropp, Kornel Mahlstein, 2007. "The Optimal Design of Trade Policy Flexibility in the WTO," IHEID Working Papers 27-2007, Economics Section, The Graduate Institute of International Studies, revised Dec 2007.
    10. Oren Bar-Gill & Omri Ben-Shahar, 2004. "The Law of Duress and the Economics of Credible Threats," The Journal of Legal Studies, University of Chicago Press, vol. 33(2), pages 391-430, June.
    11. Reid Hastie, 2011. "The Challenge to Produce Useful “Legal Numbers”," Journal of Empirical Legal Studies, John Wiley & Sons, vol. 8(s1), pages 6-20, December.
    12. Giorgio Rampa & Margherita Saraceno, 2018. "Accuracy and Costs of Dispute Resolution with Heterogeneous Consumers. A Conjectural Approach to Mass Litigation," DEM Working Papers Series 155, University of Pavia, Department of Economics and Management.
    13. Baumann, Florian & Friehe, Tim & Rasch, Alexander, 2015. "The influence of product liability on vertical product differentiation," DICE Discussion Papers 182, Heinrich Heine University Düsseldorf, Düsseldorf Institute for Competition Economics (DICE).
    14. Ram Singh, 2009. "E ects of Court Errors on EÆciency of Liability Rules: When Individuals are Imperfectly Informed," Working Papers id:2291, eSocialSciences.
    15. Baumann Florian & Friehe Tim, 2024. "On the Role of Sales Taxes for Efficient Compensation of Property Loss Under Strict Liability," Review of Law & Economics, De Gruyter, vol. 20(1), pages 21-34.
    16. Florian Baumann & Tim Friehe & Alexander Rasch, 2018. "Product Liability in Markets for Vertically Differentiated Products," American Law and Economics Review, American Law and Economics Association, vol. 20(1), pages 46-81.
    17. Dietrich Earnhart, 1998. "Civil Litigation, Access to Government-Held Information, and Coordination of Public and Private Enforcement in the Czech Republic," European Journal of Law and Economics, Springer, vol. 6(2), pages 113-141, September.
    18. Schwartzstein, Joshua & Shleifer, Andrei, 2013. "An Activity-Generating Theory of Regulation," Scholarly Articles 27814564, Harvard University Department of Economics.
    19. Juan José Ganuza & Fernando Gómez, 2002. "Caution, children crossing: Heterogeneity of victim's cost of care and negligence rule," Economics Working Papers 666, Department of Economics and Business, Universitat Pompeu Fabra.
    20. Ram Singh, 2003. "Efficiency of 'Simple' Liability Rules When Courts Make Erroneous Estimation of the Damage," European Journal of Law and Economics, Springer, vol. 16(1), pages 39-58, July.
    21. Ben Chen & José A. Rodrigues-Neto, 2023. "The interaction of emotions and cost-shifting rules in civil litigation," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 75(3), pages 841-885, April.
    22. Langinier, Corinne & Marcoul, Philippe, 2009. "Contributory infringement rule and patents," Journal of Economic Behavior & Organization, Elsevier, vol. 70(1-2), pages 296-310, May.
    23. Yves Oytana & Nathalie Chappe, 2016. "Expert opinion in a tort litigation game," Working Papers 2016-13, CRESE.
    24. Schmitz, Patrick W., 2000. "On the Joint Use of Liability and Safety Regulation," MPRA Paper 12536, University Library of Munich, Germany.
    25. Amy Whritenour Ando & Wallapak Polasub, 2006. "Envelope Backs or the Gold Standard? Choosing the Accuracy of Damage Assessment Methods," Land Economics, University of Wisconsin Press, vol. 82(3), pages 424-444.
    26. Guiseppe Dari Mattiaci & F. Parisi, 2003. "The Economics of Tort Law: A Précis," Working Papers 03-13, Utrecht School of Economics.
    27. Requate, Till & Friehe, Tim & Sengupta, Aditi, 2023. "Liability and the incentive to improve information about risk when injurers may be judgment-proof," International Review of Law and Economics, Elsevier, vol. 76(C).
    28. Giovanni Immordino & Michele Polo, 2008. "Judicial Errors, Legal Standards and Innovative Activity," CSEF Working Papers 196, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy, revised 04 Jun 2010.
    29. Ram Singh, 2008. "Efficient Liability Rules When Courts Make Errors in Estimation of the Harm: Complet Characterization," Working Papers id:1612, eSocialSciences.
    30. Chris William Sanchirico, 2008. "A Primary-Activity Approach to Proof Burdens," The Journal of Legal Studies, University of Chicago Press, vol. 37(1), pages 273-313, January.
    31. Gérard Mondello, 2020. "Strict Liability vs Negligence: Is Economic Efficiency a Relevant Comparison Criterion?," GREDEG Working Papers 2020-18, Groupe de REcherche en Droit, Economie, Gestion (GREDEG CNRS), Université Côte d'Azur, France.
    32. D’Antoni, Massimo & Tabbach, Avraham D., 2014. "Inadequate compensation and multiple equilibria," International Review of Law and Economics, Elsevier, vol. 38(C), pages 33-47.
    33. Amy W. Ando & Madhu Khanna, 2004. "Natural Resource Damage Assessment Methods: Lessons in Simplicity from State Trustees," Contemporary Economic Policy, Western Economic Association International, vol. 22(4), pages 504-519, October.
    34. Harald Hau & Marcel Thum, 2000. "Lawyers, Legislation and Social Welfare," European Journal of Law and Economics, Springer, vol. 9(3), pages 231-254, May.
    35. Klement, Alon & Neeman, Zvika, 2011. "Private Selection and Arbitration Neutrality," Working Paper Series 19179, Victoria University of Wellington, The New Zealand Institute for the Study of Competition and Regulation.
    36. Friehe, Tim, 2009. "Screening accident victims," International Review of Law and Economics, Elsevier, vol. 29(3), pages 272-280, September.
    37. Immordino, Giovanni & Polo, Michele, 2014. "Antitrust, legal standards and investment," International Review of Law and Economics, Elsevier, vol. 40(C), pages 36-50.
    38. Liu, Zhiyong & Avraham, Ronen, 2012. "Ex ante versus ex post expectation damages," International Review of Law and Economics, Elsevier, vol. 32(4), pages 339-355.
    39. Giorgio Rampa & Margherita Saraceno, 2023. "Conjectures and underpricing in repeated mass disputes with heterogeneous plaintiffs," Journal of Economics, Springer, vol. 139(1), pages 1-32, June.
    40. Friehe, Tim & Rössler, Christoph & Dong, Xiaoge, 2018. "Liability for third-party harm when harm-inflicting consumers are present biased," ILE Working Paper Series 20, University of Hamburg, Institute of Law and Economics.
    41. Ghebrihiwet, N. & Motchenkova, E.I., 2010. "Leniency programs in the presence of judicial errors," Serie Research Memoranda 0008, VU University Amsterdam, Faculty of Economics, Business Administration and Econometrics.
    42. Baumann, Florian & Friehe, Tim, 2009. "On the superiority of damage averaging in the case of strict liability," International Review of Law and Economics, Elsevier, vol. 29(2), pages 138-142, June.
    43. Nicola Gennaioli & Andrei Shleifer, 2006. "Judicial Fact Discretion," NBER Working Papers 12679, National Bureau of Economic Research, Inc.
    44. Scott A. Baker & Anup Malani, 2011. "Does Accuracy Improve the Information Value of Trials?," NBER Working Papers 17036, National Bureau of Economic Research, Inc.
    45. Baumann, Florian & Friehe, Tim, 2012. "Optimal damages multipliers in oligopolistic markets," DICE Discussion Papers 80, Heinrich Heine University Düsseldorf, Düsseldorf Institute for Competition Economics (DICE).
    46. Baumann, Florian & Friehe, Tim & Grechenig, Kristoffel, 2011. "A note on the optimality of (even more) incomplete strict liability," International Review of Law and Economics, Elsevier, vol. 31(2), pages 77-82, June.
    47. Tim Friehe, 2007. "On the incentive effects of damage averaging in tort law," Economics Bulletin, AccessEcon, vol. 11(2), pages 1-7.
    48. Ben Chen & José A. Rodrigues-Neto, 2017. "Cost Shifting in Civil Litigation: A General Theory," ANU Working Papers in Economics and Econometrics 2017-651, Australian National University, College of Business and Economics, School of Economics.
    49. Alessandro Stanziani, 2004. "Wine Reputation and Quality Controls: The Origin of the AOCs in 19th Century France," European Journal of Law and Economics, Springer, vol. 18(2), pages 149-167, September.
    50. Shavell, Steven, 1999. "The level of litigation: private versus social optimality of suit and of settlement," International Review of Law and Economics, Elsevier, vol. 19(1), pages 99-115, March.
    51. Guerra, Alice & Hlobil, Tobias M., 2015. "Tailoring Negligence Standards to Accident Records," MPRA Paper 66281, University Library of Munich, Germany.
    52. Xinyu Hua & Kathryn E. Spier, 2004. "Information and Externalities in Sequential Litigation," NBER Working Papers 10943, National Bureau of Economic Research, Inc.
    53. Sugata Bag, 2010. "Whither Contract Damages: Contracts with Bilateral Reliance, One-sided Private Information," Revista de la Maestría de Derecho Económico, Universidad Javeriana - Derecho Económico.
    54. Giovanni Immordino & Michele Polo, 2011. "Optimal Legal Standards in Antitrust: Traditional v. Innovative Industries," Working Papers 420, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University.
    55. Srivastava Astha & Srivastava Ankur, 2021. "Economic Analysis of Accident Law: A New Liability Rule that Induces Socially Optimal Behaviour in Case of Limited Information," Review of Law & Economics, De Gruyter, vol. 17(1), pages 119-131, March.
    56. Christmann Robin, 2015. "Tipping the Scales – Settlement, Appeal and the Relevance of Judicial Ambition," Review of Law & Economics, De Gruyter, vol. 11(2), pages 171-207, July.
    57. Robin Christmann, 2014. "No Judge, No Job! Court errors and the contingent labor contract," European Journal of Law and Economics, Springer, vol. 38(3), pages 409-429, December.

  37. A. Mitchell Polinsky & Steven Shavell, 1993. "Should Liability be Based on the Harm to the Victim or the Gain to the Injurer?," NBER Working Papers 4586, National Bureau of Economic Research, Inc.

    Cited by:

    1. Timothy Stanley, 1995. "Radar Detectors, Fixed and Variable Costs of Crime," Law and Economics 9507002, University Library of Munich, Germany, revised 27 Dec 1995.
    2. Dan Amiram & Zahn Bozanic & James D. Cox & Quentin Dupont & Jonathan M. Karpoff & Richard Sloan, 2018. "Financial reporting fraud and other forms of misconduct: a multidisciplinary review of the literature," Review of Accounting Studies, Springer, vol. 23(2), pages 732-783, June.
    3. Giuseppe Dari-Mattiacci, "undated". "Negative Liability," American Law & Economics Association Annual Meetings 1030, American Law & Economics Association.
    4. Timothy Stanley, 1995. "Optimal Penalties for Concealment of Crime," Law and Economics 9507001, University Library of Munich, Germany, revised 27 Dec 1995.
    5. Eric Rasmusen, 1995. "``Predictable and Unpredictable Error in Tort Awards: The Effect of Plaintiff Self Selection and Signalling,''," Law and Economics 9506003, University Library of Munich, Germany.

  38. A. Mitchell Polinsky & Steven Shavell, 1992. "Optimal Cleanup and Liability After Environmentally Harmful Discharges," NBER Working Papers 4176, National Bureau of Economic Research, Inc.

    Cited by:

    1. Lichtenberg, Erik & Penn, Tony M., 2001. "Prevention Versus Treatment Under Precautionary Regulation: A Case Study Of Groundwater Contamination Under Uncertainty," Working Papers 28584, University of Maryland, Department of Agricultural and Resource Economics.
    2. Friehe, Tim & Langlais, Eric, 2017. "Prevention and cleanup of dynamic harm under environmental liability," Journal of Environmental Economics and Management, Elsevier, vol. 83(C), pages 107-120.
    3. Y.H. Farzin & J.D. Kaplan, 1999. "Nonpoint Source Pollution Control Under Incomplete and Costly Information," Working Papers 1999.32, Fondazione Eni Enrico Mattei.
    4. James BARRETT & Kathleen SEGERSON, "undated". "Prevention And Treatment In Food Safety: An Analysis Of Conceptual Issues," Department of Resource Economics Regional Research Project 9521, University of Massachusetts.

  39. Louis Kaplow & Steven Shavell, 1992. "Accuracy in the Determination of Liability," NBER Working Papers 4203, National Bureau of Economic Research, Inc.

    Cited by:

    1. Rob Fraser, 2013. "To Cheat or Not To Cheat: Moral Hazard and Agri-environmental Policy," Journal of Agricultural Economics, Wiley Blackwell, vol. 64(3), pages 527-536, September.
    2. A. Mitchell Polinsky & Steven Shavell, 2005. "The Theory of Public Enforcement of Law," Discussion Papers 05-004, Stanford Institute for Economic Policy Research.
    3. Demougin, Dominique & Fluet, Claude, 2006. "Preponderance of evidence," European Economic Review, Elsevier, vol. 50(4), pages 963-976, May.
    4. Anna Rita Germani, 2007. "The Environmental Enforcement in the Civil and the Common Law Systems. A Case on the Economic Effects of Legal Institutions," Quaderni DSEMS 22-2007, Dipartimento di Scienze Economiche, Matematiche e Statistiche, Universita' di Foggia.
    5. Lando Henrik, 2009. "Prevention of Crime and the Optimal Standard of Proof in Criminal Law," Review of Law & Economics, De Gruyter, vol. 5(1), pages 33-52, January.
    6. A. Mitchell Polinsky & Steven Shavell, 2006. "Public Enforcement of Law," Discussion Papers 05-016, Stanford Institute for Economic Policy Research.
    7. Garoupa, Nuno, 1997. "A note on private enforcement and type-I error," International Review of Law and Economics, Elsevier, vol. 17(3), pages 423-429, September.
    8. Albert Choi & George Triantis, 2008. "Completing Contracts in the Shadow of Costly Verification," The Journal of Legal Studies, University of Chicago Press, vol. 37(2), pages 503-534, June.
    9. Murat C. Mungan & Marie Obidzinski & Yves Oytana, 2020. "Accuracy and Preferences for Legal Error," Working Papers 2020-09, CRESE.
    10. Eide, Erling & Rubin, Paul H. & Shepherd, Joanna M., 2006. "Economics of Crime," Foundations and Trends(R) in Microeconomics, now publishers, vol. 2(3), pages 205-279, December.
    11. Giovanni Immordino & Michele Polo, 2012. "Antitrust in Innovative Industries: the Optimal Legal Standards," Working Papers 434, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University.
    12. Matteo Rizzolli & Luca Stanca, 2012. "Judicial Errors and Crime Deterrence: Theory and Experimental Evidence," Journal of Law and Economics, University of Chicago Press, vol. 55(2), pages 311-338.
    13. Langlais, Eric, 2009. "les criminels aiment-ils le risque ? [Are criminals risk-seeking individulas ?]," MPRA Paper 14892, University Library of Munich, Germany.
    14. Bowles, Roger & Faure, Michael & Garoupa, Nuno, 2000. "Economic analysis of the removal of illegal gains," International Review of Law and Economics, Elsevier, vol. 20(4), pages 537-549, December.
    15. Dominique Demougin & Claude Fluet, 1999. "Costly Sanctions and the Maximum Penalty Principle," Cahiers de recherche CREFE / CREFE Working Papers 100, CREFE, Université du Québec à Montréal.
    16. Dari-Mattiacci, Giuseppe & Saraceno, Margherita, 2020. "Fee shifting and accuracy in adjudication," International Review of Law and Economics, Elsevier, vol. 63(C).
    17. Nicola Gennaioli & Andrei Shleifer, 2008. "Judicial Fact Discretion," The Journal of Legal Studies, University of Chicago Press, vol. 37(1), pages 1-35, January.
    18. Giorgio Rampa & Margherita Saraceno, 2018. "Accuracy and Costs of Dispute Resolution with Heterogeneous Consumers. A Conjectural Approach to Mass Litigation," DEM Working Papers Series 155, University of Pavia, Department of Economics and Management.
    19. Louis Kaplow, 2012. "On the Optimal Burden of Proof," NBER Working Papers 17765, National Bureau of Economic Research, Inc.
    20. Ram Singh, 2009. "E ects of Court Errors on EÆciency of Liability Rules: When Individuals are Imperfectly Informed," Working Papers id:2291, eSocialSciences.
    21. Joan Ramon Borrell & Juan Luis Jiménez, 2008. "The drivers of antitrust effectiveness," Hacienda Pública Española / Review of Public Economics, IEF, vol. 185(2), pages 69-88, July.
    22. McEvoy, David M. & Stranlund, John K., 2006. "Enforcing 'Self-Enforcing' International Environmental Agreements," Working Paper Series 14537, University of Massachusetts, Amherst, Department of Resource Economics.
    23. Dietrich Earnhart, 1998. "Civil Litigation, Access to Government-Held Information, and Coordination of Public and Private Enforcement in the Czech Republic," European Journal of Law and Economics, Springer, vol. 6(2), pages 113-141, September.
    24. Engert Andreas & Goldlücke Susanne, 2017. "Why Agents Need Discretion: The Business Judgment Rule as Optimal Standard of Care," Review of Law & Economics, De Gruyter, vol. 13(1), pages 1-38, March.
    25. Juan José Ganuza & Fernando Gomez & Jose Penalva, 2015. "Minimizing errors, maximizing incentives: Optimal court decisions and the quality of evidence," Economics Working Papers 1500, Department of Economics and Business, Universitat Pompeu Fabra.
    26. Kaplow, Louis, 2017. "Optimal design of private litigation," Journal of Public Economics, Elsevier, vol. 155(C), pages 64-73.
    27. Ram Singh, 2003. "Efficiency of 'Simple' Liability Rules When Courts Make Erroneous Estimation of the Damage," European Journal of Law and Economics, Springer, vol. 16(1), pages 39-58, July.
    28. Schaufele, Brandon, 2022. "Chilling Effects from Anti-SLAPP Laws," MPRA Paper 113740, University Library of Munich, Germany.
    29. Astrid Gamba & Luca Stanca, 2023. "Mis-judging merit: the effects of adjudication errors in contests," Experimental Economics, Springer;Economic Science Association, vol. 26(3), pages 550-587, July.
    30. Louis Kaplow & Steven Shavell, 1993. "Accuracy in the Assessment of Damages," NBER Working Papers 4287, National Bureau of Economic Research, Inc.
    31. Claude Denys Fluet, 2002. "Enforcing Contracts: Should Courts Seek the Truth?," CIRANO Working Papers 2002s-76, CIRANO.
    32. Kim, Chulyoung, 2015. "Judge's Gate-Keeping Power and Deterrence of Negligent Acts: An Economic Analysis of Twombly and Iqbal," MPRA Paper 69836, University Library of Munich, Germany.
    33. Matteo Rizzolli & Margherita Saraceno, 2013. "Better that ten guilty persons escape: punishment costs explain the standard of evidence," Public Choice, Springer, vol. 155(3), pages 395-411, June.
    34. Giovanni Immordino & Michele Polo, 2008. "Judicial Errors, Legal Standards and Innovative Activity," CSEF Working Papers 196, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy, revised 04 Jun 2010.
    35. Persson, Mats & Siven, Claes-Henric, 2006. "The Becker Paradox and Type I vs. Type II Errors in the Economics of Crime," Research Papers in Economics 2006:1, Stockholm University, Department of Economics.
    36. Bhole, Bharat, 2007. "Due-care standards in a market setting with legal error," International Review of Law and Economics, Elsevier, vol. 27(2), pages 154-169.
    37. Ram Singh, 2008. "Efficient Liability Rules When Courts Make Errors in Estimation of the Harm: Complet Characterization," Working Papers id:1612, eSocialSciences.
    38. Matteo Rizzolli & Margherita Saraceno, 2009. "Better that X guilty persons escape than that one innocent suffer," Working Papers 168, University of Milano-Bicocca, Department of Economics, revised Jul 2009.
    39. Kate Krause, 2000. "Tax Complexity: Problem or Opportunity?," Public Finance Review, , vol. 28(5), pages 395-414, September.
    40. Kvaløy, Ola & Olsen, Trond, 2012. "Incentive provision when contracting is costly," UiS Working Papers in Economics and Finance 2012/16, University of Stavanger.
    41. Choe, Chongwoo & Fraser, Iain, 1999. "An Economic Analysis of Household Waste Management," Journal of Environmental Economics and Management, Elsevier, vol. 38(2), pages 234-246, September.
    42. Franz Wirl & Wolfgang Orasch, 1998. "Analysis of United States' Utility Conservation Programs," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 13(4), pages 467-486, August.
    43. Giovanni Immordino & Michele Polo, 2013. "Public Policies in Investment Intensive Industries," Working Papers 507, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University.
    44. Olbrich, Anja, 2008. "Heterogeneous physicians, lawsuit costs, and the negligence rule," International Review of Law and Economics, Elsevier, vol. 28(1), pages 78-88, March.
    45. David McEvoy & John Stranlund, 2009. "Self-enforcing International Environmental Agreements with Costly Monitoring for Compliance," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 42(4), pages 491-508, April.
    46. Klement, Alon & Neeman, Zvika, 2011. "Private Selection and Arbitration Neutrality," Working Paper Series 19179, Victoria University of Wellington, The New Zealand Institute for the Study of Competition and Regulation.
    47. Kristoffel Grechenig & Andreas Nicklisch & Christian Thöni, 2010. "Punishment Despite Reasonable Doubt—A Public Goods Experiment with Sanctions Under Uncertainty," Journal of Empirical Legal Studies, John Wiley & Sons, vol. 7(4), pages 847-867, December.
    48. Immordino, Giovanni & Polo, Michele, 2014. "Antitrust, legal standards and investment," International Review of Law and Economics, Elsevier, vol. 40(C), pages 36-50.
    49. Giorgio Rampa & Margherita Saraceno, 2023. "Conjectures and underpricing in repeated mass disputes with heterogeneous plaintiffs," Journal of Economics, Springer, vol. 139(1), pages 1-32, June.
    50. Tomáš Moravec & Petr Valenta, 2015. "The Comparison of Efficiency of Disqualification of Directors in New Czech Business Corporation Act and in the Legal System of England," Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis, Mendel University Press, vol. 63(5), pages 1711-1717.
    51. Ghebrihiwet, N. & Motchenkova, E.I., 2010. "Leniency programs in the presence of judicial errors," Serie Research Memoranda 0008, VU University Amsterdam, Faculty of Economics, Business Administration and Econometrics.
    52. Scott A. Baker & Anup Malani, 2011. "Does Accuracy Improve the Information Value of Trials?," NBER Working Papers 17036, National Bureau of Economic Research, Inc.
    53. Steven Shavell, 2005. "Liability for Accidents," NBER Working Papers 11781, National Bureau of Economic Research, Inc.
    54. Azmat Gani, 2018. "Contract Enforcement and Trade," Journal of Industry, Competition and Trade, Springer, vol. 18(1), pages 107-119, March.
    55. Ognedal, Tone, 2005. "Should the Standard of Proof be Lowered to Reduce Crime?," International Review of Law and Economics, Elsevier, vol. 25(1), pages 45-61, March.
    56. Fluet, Claude, 2010. "Liability rules under evidentiary uncertainty," International Review of Law and Economics, Elsevier, vol. 30(1), pages 1-9, March.
    57. Saak, Alexander E., 2002. "Identity Preservation And False Labeling In The Food Supply Chain," Hebrew University of Jerusalem Archive 18614, Hebrew University of Jerusalem.
    58. Chongwoo Choe & Iain Fraser, 1999. "Compliance Monitoring and Agri‐Environmental Policy," Journal of Agricultural Economics, Wiley Blackwell, vol. 50(3), pages 468-487, September.
    59. Friehe, Tim & Miceli, Thomas J., 2023. "Celerity of punishment and deterrence: The impacts of discounting and present bias," Economics Letters, Elsevier, vol. 228(C).
    60. Alessandro Stanziani, 2004. "Wine Reputation and Quality Controls: The Origin of the AOCs in 19th Century France," European Journal of Law and Economics, Springer, vol. 18(2), pages 149-167, September.
    61. Baniak Andrzej & Grajzl Peter, 2013. "Equilibrium and Welfare in a Model of Torts with Industry Reputation Effects," Review of Law & Economics, De Gruyter, vol. 9(2), pages 265-302, October.
    62. Dominique Demougin & Claude Fluet, 2005. "Deterrence versus Judicial Error: A Comparative View of Standards of Proof," Journal of Institutional and Theoretical Economics (JITE), Mohr Siebeck, Tübingen, vol. 161(2), pages 193-206, June.
    63. Bruno Deffains & Claude Fluet, 2019. "Social Norms and Legal Design," Cahiers de recherche 1902, Centre de recherche sur les risques, les enjeux économiques, et les politiques publiques.
    64. Marie Obidzinski & Yves Oytana, 2018. "Presumption of innocence and deterrence," Working Papers halshs-01879554, HAL.
    65. Bar-Gill, Oren & Gazal Ayal, Oren, 2006. "Plea Bargains Only for the Guilty," Journal of Law and Economics, University of Chicago Press, vol. 49(1), pages 353-364, April.
    66. Robin Boadway & Motohiro Sato, 2000. "The Optimality of Punishing Only the Innocent: The Case of Tax Evasion," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 7(6), pages 641-664, December.
    67. Dominique Demougin & Claude Fluet, 2000. "Prepondeance of the Evidence: Tort Rules and the Efficient Standard of Proof," Cahiers de recherche CREFE / CREFE Working Papers 120, CREFE, Université du Québec à Montréal.
    68. Srivastava Astha & Srivastava Ankur, 2021. "Economic Analysis of Accident Law: A New Liability Rule that Induces Socially Optimal Behaviour in Case of Limited Information," Review of Law & Economics, De Gruyter, vol. 17(1), pages 119-131, March.
    69. Christmann Robin, 2015. "Tipping the Scales – Settlement, Appeal and the Relevance of Judicial Ambition," Review of Law & Economics, De Gruyter, vol. 11(2), pages 171-207, July.
    70. Klement, Alon & Neeman, Zvika, "undated". "Does Information about Arbitrators’Win/Loss Ratios Improve Their Accuracy?," Foerder Institute for Economic Research Working Papers 275786, Tel-Aviv University > Foerder Institute for Economic Research.
    71. Andreea Cosnita-Langlais & Jean-Philippe Tropeano, 2018. "How procedures shape substance: institutional design and antitrust evidentiary standards," European Journal of Law and Economics, Springer, vol. 46(1), pages 143-164, August.
    72. Florian Baumann, 2010. "Severance Payments as a Commitment Device," Journal of Institutional and Theoretical Economics (JITE), Mohr Siebeck, Tübingen, vol. 166(4), pages 715-734, December.

  40. Steven Shavell, 1992. "Suit Versus Settlement When Parties Seek Nonmonetary Judgements," NBER Working Papers 4012, National Bureau of Economic Research, Inc.

    Cited by:

    1. Choné, Philippe & Souam, Saïd & Vialfont, Arnold, 2014. "On the optimal use of commitment decisions under European competition law," International Review of Law and Economics, Elsevier, vol. 37(C), pages 169-179.
    2. Jesse Bull, 2022. "Interrogation and Disclosure of Evidence," Working Papers 2212, Florida International University, Department of Economics.
    3. Jesse Bull, 2013. "Interrogation and Evidence Fabrication," Working Papers 1303, Florida International University, Department of Economics.
    4. Budzinski, Oliver & Kuchinke, Björn A., 2012. "Deal or no deal? Consensual arrangements as an instrument of European competition policy," Ilmenau Economics Discussion Papers 76, Ilmenau University of Technology, Institute of Economics.
    5. Nakkas Alper, 2010. "Settling with Multiple Litigants," Review of Law & Economics, De Gruyter, vol. 6(1), pages 125-144, June.
    6. Philippe Choné & Saïd Souam & Arnold Vialfont, 2012. "Commitments in Antitrust," EconomiX Working Papers 2012-9, University of Paris Nanterre, EconomiX.
    7. Vincy Fon & Francesco Parisi & Ben Depoorter, 2005. "Litigation, Judicial Path-Dependence, and Legal Change," European Journal of Law and Economics, Springer, vol. 20(1), pages 43-56, July.

  41. Lucian Arye Bebchuk & Steven Shavell, 1991. "Information and the Scope of Liability for Breach of Contract: The Rule of Hadley V. Baxendale," NBER Working Papers 3696, National Bureau of Economic Research, Inc.

    Cited by:

    1. Chakravarty, Surajeet & MacLeod, W. Bentley, 2006. "Construction Contracts (or: "How to Get the Right Building at the Right Price?")," IZA Discussion Papers 2125, IZA Network @ LISER.
    2. Lee, Myoungki & Wu, Steven Y. & Fan, Maoyong, 2008. "Balancing Grower Protection Against Agency Concerns: An Economic Analysis of Contract Termination Damages," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 33(2), pages 1-15.
    3. Lewis A. Kornhauser & W. Bentley MacLeod, 2010. "Contracts between Legal Persons," NBER Working Papers 16049, National Bureau of Economic Research, Inc.
    4. Richard Craswell, 2003. "Kaplow and Shavell on the Substance of Fairness," The Journal of Legal Studies, University of Chicago Press, vol. 32(1), pages 245-275, January.
    5. Isabel Marcin & Andreas Nicklisch, 2014. "Testing the Endowment Effect for Default Rules," Discussion Paper Series of the Max Planck Institute for Behavioral Economics 2014_01, Max Planck Institute for Behavioral Economics.
    6. Amy Farmer & Paul Pecorino, 2005. "Civil Litigation with Mandatory Discovery and Voluntary Transmission of Private Information," The Journal of Legal Studies, University of Chicago Press, vol. 34(1), pages 137-159, January.
    7. Oren Bar-Gill & Omri Ben-Shahar, 2016. "Optimal Defaults in Consumer Markets," The Journal of Legal Studies, University of Chicago Press, vol. 45(S2), pages 137-161.
    8. Surajeet Chakravarty & W. Bentley MacLeod, 2008. "Contracting in the Shadow of the Law," NBER Working Papers 13960, National Bureau of Economic Research, Inc.
    9. Jacobi Osnat & Sher Noam, 2015. "A Commitment Mechanism to Eliminate Willful Contract Litigation," Review of Law & Economics, De Gruyter, vol. 11(2), pages 231-266, July.
    10. Anderlini, Luca & Felli, Leonardo & Postlewaite, Andrew, 2004. "Should Courts Always Enforce What Contracting Parties Write?," CEPR Discussion Papers 4197, C.E.P.R. Discussion Papers.
    11. Giuseppe Dari-Mattiacci & Sander Onderstal & Francesco Parisi & Ram Singh, 2023. "Information-Forcing Effects of Non-Disclosure Rules," Working papers 338, Centre for Development Economics, Delhi School of Economics.
    12. Jeong-Yoo Kim, 2011. "Compensating for unforeseeable damages in torts," Journal of Economics, Springer, vol. 104(3), pages 265-280, November.
    13. Yair Listokin, 2010. "Bayesian Contractual Interpretation," The Journal of Legal Studies, University of Chicago Press, vol. 39(2), pages 359-374.
    14. De Geest, Gerrit, 2013. "N problems require N instruments," International Review of Law and Economics, Elsevier, vol. 35(C), pages 42-57.
    15. Zervogianni, Eleni, 2004. "Remedies for damage to property: money damages or restitution in natura?," International Review of Law and Economics, Elsevier, vol. 24(4), pages 525-541, December.
    16. Hviid, Morten, 1996. "Default rules and equilibrium selection of contract terms," International Review of Law and Economics, Elsevier, vol. 16(2), pages 233-245, June.
    17. Steven Shavell, 2003. "Economic Analysis of Contract Law," NBER Working Papers 9696, National Bureau of Economic Research, Inc.
    18. Miceli, Thomas J. & Sirmans, C. F., 1995. "An economic theory of adverse possession," International Review of Law and Economics, Elsevier, vol. 15(2), pages 161-173, June.
    19. Surajeet Chakravarty & W. Bentley MacLeod, 2004. "On the Efficiency of Standard Contracts the Case of Construction," Working Papers 874, Princeton University, Department of Economics, Industrial Relations Section..
    20. Liu, Zhiyong & Avraham, Ronen, 2012. "Ex ante versus ex post expectation damages," International Review of Law and Economics, Elsevier, vol. 32(4), pages 339-355.
    21. Giuseppe Dari-Mattiacci & Sander Onderstal & Francesco Parisi, 2011. "Inverse Adverse Selection: The Market for Gems," Tinbergen Institute Discussion Papers 11-017/1, Tinbergen Institute.
    22. Marcin Isabel & Nicklisch Andreas, 2017. "Testing the Endowment Effect for Default Rules," Review of Law & Economics, De Gruyter, vol. 13(2), pages 1-27, July.
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    150. Amartya Bose, 2020. "Racial disparities in law enforcement: The role of in-group bias and electoral pressures," Discussion Papers 2020-11, School of Economics, The University of New South Wales.
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    153. Mühlheusser, Gerd & Roider, Andreas, 2005. "Black Sheep and Walls of Silence," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 56, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
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    167. Yayun Shen & Michael Faure, 2021. "Green building in China," International Environmental Agreements: Politics, Law and Economics, Springer, vol. 21(2), pages 183-199, June.
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    Cited by:

    1. Giuseppe Dari-Mattiacci & Bruno Deffains, 2006. "Uncertainty of Law and the Legal Process," Working Papers of BETA 2006-11, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.
    2. Benito Arruñada, 2017. "How to make land titling more rational," Economics Working Papers 1575, Department of Economics and Business, Universitat Pompeu Fabra, revised Jan 2018.
    3. Ram Singh, 2009. "E ects of Court Errors on EÆciency of Liability Rules: When Individuals are Imperfectly Informed," Working Papers id:2291, eSocialSciences.
    4. Ram Singh, 2003. "Efficiency of 'Simple' Liability Rules When Courts Make Erroneous Estimation of the Damage," European Journal of Law and Economics, Springer, vol. 16(1), pages 39-58, July.
    5. Louis Kaplow & Steven Shavell, 1993. "Accuracy in the Assessment of Damages," NBER Working Papers 4287, National Bureau of Economic Research, Inc.
    6. Requate, Till & Friehe, Tim & Sengupta, Aditi, 2023. "Liability and the incentive to improve information about risk when injurers may be judgment-proof," International Review of Law and Economics, Elsevier, vol. 76(C).
    7. Ram Singh, 2008. "Efficient Liability Rules When Courts Make Errors in Estimation of the Harm: Complet Characterization," Working Papers id:1612, eSocialSciences.
    8. Harald Hau & Marcel Thum, 2000. "Lawyers, Legislation and Social Welfare," European Journal of Law and Economics, Springer, vol. 9(3), pages 231-254, May.
    9. Lang, Matthias, 2017. "Legal uncertainty as a welfare enhancing screen," European Economic Review, Elsevier, vol. 91(C), pages 274-289.
    10. Kaplow, Louis & Shavell, Steven, 1994. "Accuracy in the Determination of Liability," Journal of Law and Economics, University of Chicago Press, vol. 37(1), pages 1-15, April.
    11. Goeschl, Timo & Pfrommer, Tobias, 2015. "Learning by Negligence - Torts, Experimentation, and the Value of Information," Working Papers 0598, University of Heidelberg, Department of Economics.
    12. Katsoulacos, Yannis & Ulph, David, 2017. "Regulatory decision errors, Legal Uncertainty and welfare: A general treatment," International Journal of Industrial Organization, Elsevier, vol. 53(C), pages 326-352.
    13. Louis Kaplow, 1994. "Accuracy, Complexity, and the Income Tax," NBER Working Papers 4631, National Bureau of Economic Research, Inc.

  44. A. Mitchell Polinsky & Steven Shavell, 1990. "A Note on Optimal Fines When Wealth Varies Among Individuals," NBER Working Papers 3232, National Bureau of Economic Research, Inc.

    Cited by:

    1. A. Mitchell Polinsky & Steven Shavell, 2005. "The Theory of Public Enforcement of Law," Discussion Papers 05-004, Stanford Institute for Economic Policy Research.
    2. Anna Rita Germani, 2007. "The Environmental Enforcement in the Civil and the Common Law Systems. A Case on the Economic Effects of Legal Institutions," Quaderni DSEMS 22-2007, Dipartimento di Scienze Economiche, Matematiche e Statistiche, Universita' di Foggia.
    3. Timothy Stanley, 1995. "Radar Detectors, Fixed and Variable Costs of Crime," Law and Economics 9507002, University Library of Munich, Germany, revised 27 Dec 1995.
    4. Arguedas, Carmen, 2007. "To Comply or Not To Comply? Pollution Standard Setting Under Costly Monitoring and Sanctioning," Working Papers in Economic Theory 2007/13, Universidad Autónoma de Madrid (Spain), Department of Economic Analysis (Economic Theory and Economic History).
    5. Gorkem Celik & Serdar Sayan, 2008. "On the optimality of nonmaximal fines in the presence of corruptible law enforcers," Review of Economic Design, Springer;Society for Economic Design, vol. 12(3), pages 209-227, September.
    6. Abay, Kibrom A. & Kahsay, Goytom Abraha, 2018. "Long-term effects of alternative deterrence policies: Panel data evidence from traffic punishments in Denmark," Transportation Research Part A: Policy and Practice, Elsevier, vol. 113(C), pages 1-19.
    7. Montag, Josef & Tremewan, James, 2020. "Let the punishment fit the criminal: An experimental study," Journal of Economic Behavior & Organization, Elsevier, vol. 175(C), pages 423-438.
    8. Boyd, James, 1996. "Banking on "Green Money:" Are Environmental Financial Responsibility Rules Fulfilling Their Promise?," RFF Working Paper Series dp-96-26, Resources for the Future.
    9. Garoupa, Nuno, 2001. "Optimal magnitude and probability of fines," European Economic Review, Elsevier, vol. 45(9), pages 1765-1771, October.
    10. Waldfogel, Joel, 1995. "Are Fines and Prison Terms Used Efficiently? Evidence on Federal Fraud Offenders," Journal of Law and Economics, University of Chicago Press, vol. 38(1), pages 107-139, April.
    11. Polinsky, A. Mitchell, 2006. "Optimal fines and auditing when wealth is costly to observe," International Review of Law and Economics, Elsevier, vol. 26(3), pages 323-335, September.
    12. Roger Van den Bergh & Michael Faure, 2011. "Critical Issues in the Enforcement of the Anti-Monopoly Law in China: A Law and Economics Perspective," Chapters, in: Michael Faure & Xinzhu Zhang (ed.), Competition Policy and Regulation, chapter 4, Edward Elgar Publishing.
    13. Heyes, Anthony G., 1996. "Cutting environmental penalties to protect the environment," Journal of Public Economics, Elsevier, vol. 60(2), pages 251-265, May.
    14. Sanjit Dhami & Ali al-Nowaihi, 2011. "An extension of the Becker proposition to non-expected utility theory," Discussion Papers in Economics 11/41, Division of Economics, School of Business, University of Leicester.
    15. Schmitz, Patrick W., 2000. "On the Joint Use of Liability and Safety Regulation," MPRA Paper 12536, University Library of Munich, Germany.
    16. Thomas J. Miceli, 2018. "On proportionality of punishments and the economic theory of crime," European Journal of Law and Economics, Springer, vol. 46(3), pages 303-314, December.
    17. Rousseau, Sandra & Telle, Kjetil, 2010. "On the existence of the optimal fine for environmental crime," International Review of Law and Economics, Elsevier, vol. 30(4), pages 329-337, December.
    18. Abatemarco, Antonio & Cascavilla, Alessandro & Dell’Anno, Roberto & Morone, Andrea, 2023. "Maximal Fines and Corruption: An Experimental Study on Illegal Waste Disposal," MPRA Paper 118733, University Library of Munich, Germany.
    19. Garoupa, Nuno & Klerman, Daniel, 2004. "Corruption and the optimal use of nonmonetary sanctions," International Review of Law and Economics, Elsevier, vol. 24(2), pages 219-225, June.
    20. Arguedas, Carmen & Rousseau, Sandra, 2012. "Learning about compliance under asymmetric information," Resource and Energy Economics, Elsevier, vol. 34(1), pages 55-73.
    21. Levitt, Steven D., 1997. "Incentive compatibility constraints as an explanation for the use of prison sentences instead of fines," International Review of Law and Economics, Elsevier, vol. 17(2), pages 179-192, June.
    22. Georges Dionne & Ying Liu, 2017. "Effects of Insurance Incentives on Road Safety: Evidence from a Natural Experiment in China," Working Papers 17-1, HEC Montreal, Canada Research Chair in Risk Management.
    23. Goodman, John C. & Porter, Philip, 2002. "Is the criminal justice system just?," International Review of Law and Economics, Elsevier, vol. 22(1), pages 25-39, July.
    24. Kritikos, Alexander S., 2004. "A penalty system to enforce policy measures under incomplete information," International Review of Law and Economics, Elsevier, vol. 24(3), pages 385-403, September.
    25. Avner Bar-Ilan & Bruce Sacerdote, 2001. "The Response to Fines and Probability of Detection in a Series of Experiments," NBER Working Papers 8638, National Bureau of Economic Research, Inc.
    26. Friehe, Tim, 2008. "Optimal sanctions and endogeneity of differences in detection probabilities," International Review of Law and Economics, Elsevier, vol. 28(2), pages 150-155, June.
    27. A. Mitchell Polinsky, 2004. "The Optimal Use of Fines and Imprisonment When Wealth is Unobservable," NBER Working Papers 10761, National Bureau of Economic Research, Inc.
    28. Celik, Gorkem & Sayan, Serdar, 2005. "To Give In or Not To Give In To Bribery? Setting the Optimal Fines for Violations of Rules when the Enforcers are Likely to Ask for Bribes," Microeconomics.ca working papers celik-05-08-03-12-50-26, Vancouver School of Economics, revised 06 Aug 2008.
    29. Matthias Dahm & Paula González & Nicolás Porteiro, 2018. "The Enforcement of Mandatory Disclosure Rules," Working Papers 18.09, Universidad Pablo de Olavide, Department of Economics.
    30. Timothy Stanley, 1995. "Optimal Penalties for Concealment of Crime," Law and Economics 9507001, University Library of Munich, Germany, revised 27 Dec 1995.
    31. BRYAN C. McCANNON, 2009. "Differentiating Between First And Repeat Offenses," Contemporary Economic Policy, Western Economic Association International, vol. 27(1), pages 76-85, January.
    32. Langlais, Eric, 2007. "Too much or not enough crimes? On the ambiguous effects of repression," MPRA Paper 1575, University Library of Munich, Germany.
    33. Arguedas, Carmen, 1999. "Enviromental standards and costly monitoring," UC3M Working papers. Economics 6099, Universidad Carlos III de Madrid. Departamento de Economía.
    34. Arturo Vásquez, 2006. "Sistemas de Sanciones por Daños Ambientales para la Fiscalización de la Industria de Hidrocarburos en el Perú," Working Papers 20, Osinergmin, Gerencia de Políticas y Análisis Económico.
    35. Jeong-Yoo Kim, 2013. "A note on the non-maximality of the optimal fines when the apprehension probability depends on the offense rate," European Journal of Law and Economics, Springer, vol. 36(1), pages 131-138, August.
    36. Jingkang Gao & Jinhua Zhao, 2017. "Normative and image motivations for transportation policy compliance," Urban Studies, Urban Studies Journal Limited, vol. 54(14), pages 3318-3336, November.
    37. Dari-Mattiacci, Giuseppe & Immordino, Giovanni & Russo, Francesco F., 2025. "Fines for unequal societies," European Journal of Political Economy, Elsevier, vol. 86(C).
    38. Massimo D'Antoni & Avraham D. Tabbach, 2024. "The complementary role of distributive and criminal equity," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 26(4), August.
    39. Rousseau, Sandra, 2009. "Empirical Analysis of Sanctions for Environmental Offenses," International Review of Environmental and Resource Economics, now publishers, vol. 3(3), pages 161-194, December.
    40. Kibrom A. Abay, 2018. "How Effective Are Non‐Monetary Instruments for Safe Driving? Panel Data Evidence on the Effect of the Demerit Point System in Denmark," Scandinavian Journal of Economics, Wiley Blackwell, vol. 120(3), pages 894-924, July.
    41. A. Mitchell Polinsky & Steven Shavell, 1999. "The Economic Theory of Public Enforcement of Law," NBER Working Papers 6993, National Bureau of Economic Research, Inc.
    42. Bogetic, Zeljko & Hillman, Arye L., 1994. "The tax base in transition : the case of Bulgaria," Policy Research Working Paper Series 1267, The World Bank.
    43. Parikshit Ghosh, 2009. "Making the Punishment Fit the Crime or Taliban Justice? Optimal Penalties Without Commitment," Working papers 175, Centre for Development Economics, Delhi School of Economics.
    44. Hugh Gravelle & Nuno Garoupa, "undated". "Optimal Deterrence with Legal Defence Expenditure," Discussion Papers 00/08, Department of Economics, University of York.
    45. Nuno Garoupa, 1997. "The economics of organized crime and optimal law enforcement," Economics Working Papers 246, Department of Economics and Business, Universitat Pompeu Fabra, revised Dec 1997.
    46. Harold Houba & Evgenia Motchenkova & Quan Wen, 2011. "Antitrust Enforcement and Marginal Deterrence," Tinbergen Institute Discussion Papers 11-166/1, Tinbergen Institute.
    47. Alexander Funcke & Daniel Cownden, 2015. "A Mechanism for Optimal Enforcement of Coordination: Sidestepping Theory of Mind," PPE Working Papers 0003, Philosophy, Politics and Economics, University of Pennsylvania.
    48. Christopher S. Decker, 2007. "Flexible enforcement and fine adjustment," Regulation & Governance, John Wiley & Sons, vol. 1(4), pages 312-328, December.
    49. Nøstbakken, Linda, 2008. "Fisheries law enforcement--A survey of the economic literature," Marine Policy, Elsevier, vol. 32(3), pages 293-300, May.

  45. A. Mitchell Polinsky & Steven Shavell, 1990. "Enforcement Costs and the Optimal Magnitude and Probability of Fines," NBER Working Papers 3429, National Bureau of Economic Research, Inc.

    Cited by:

    1. A. Mitchell Polinsky & Steven Shavell, 2005. "The Theory of Public Enforcement of Law," Discussion Papers 05-004, Stanford Institute for Economic Policy Research.
    2. Lippert, Christian, 2002. "Zur Ökonomik der Kontrollmaßnahmen bei Lebensmitteln und Futtermitteln," German Journal of Agricultural Economics, Humboldt-Universitaet zu Berlin, Department for Agricultural Economics, vol. 51(03), pages 1-14.
    3. Basu, Shubhabrata & Munjal, Surender & Malik, Ashish & Vrontis, Demetris, 2021. "Investigating the causal configurations of cost-efficient firms at the bottom of the pyramid," International Business Review, Elsevier, vol. 30(5).
    4. Terence Centner & Jeffrey Mullen, 2002. "Enforce Existing Animal Feeding Operations Regulations to Reduce Pollutants," Water Resources Management: An International Journal, Published for the European Water Resources Association (EWRA), Springer;European Water Resources Association (EWRA), vol. 16(2), pages 133-144, April.
    5. Obidzinski, Marie & Oytana, Yves, 2019. "Identity errors and the standard of proof," International Review of Law and Economics, Elsevier, vol. 57(C), pages 73-80.
    6. Arguedas, Carmen & Cabo, Francisco & Martín-Herrán, Guiomar, 2014. "Optimal Pollution Standards and Non-Compliance in a Dynamic Framework," Working Papers in Economic Theory 2014/08, Universidad Autónoma de Madrid (Spain), Department of Economic Analysis (Economic Theory and Economic History).
    7. Anna Rita Germani, 2007. "The Environmental Enforcement in the Civil and the Common Law Systems. A Case on the Economic Effects of Legal Institutions," Quaderni DSEMS 22-2007, Dipartimento di Scienze Economiche, Matematiche e Statistiche, Universita' di Foggia.
    8. Ünlü, Vural & Hess, Thomas, 2003. "The optimal level of technical copyright protection: A game-theoretic approach," Working Papers 9/2003, University of Munich, Munich School of Management, Institute for Information Systems and New Media.
    9. A. Mitchell Polinsky & Steven Shavell, 2006. "Public Enforcement of Law," Discussion Papers 05-016, Stanford Institute for Economic Policy Research.
    10. Aisbett, Emma & Karp, Larry S. & McAusland, Carol, "undated". "Police-powers, regulatory takings and the efficient compensation of domestic and foreign investors," CUDARE Working Papers 42842, University of California, Berkeley, Department of Agricultural and Resource Economics.
    11. Matteo Rizzolli & James Tremewan, 2016. "Hard Labour in the lab: Are monetary and non-monetary sanctions really substitutable?," Vienna Economics Papers vie1606, University of Vienna, Department of Economics.
    12. Michael D. Makowsky & Thomas Stratmann, 2011. "More Tickets, Fewer Accidents: How Cash-Strapped Towns Make for Safer Roads," Journal of Law and Economics, University of Chicago Press, vol. 54(4), pages 863-888.
    13. Marjit, Sugata & Mukherjee, Vivekananda & Mukherjee, Arijit, 2000. "Harassment, corruption and tax policy," European Journal of Political Economy, Elsevier, vol. 16(1), pages 75-94, March.
    14. John K. Stranlund, 2006. "The Regulatory Choice of Noncompliance in Emissions Trading Programs," Working Papers 2006-7, University of Massachusetts Amherst, Department of Resource Economics.
    15. John Ashton & Tim Burnett & Ivan Diaz Rainey & Peter L. Ormosi, 2018. "Has the financial regulatory environment improved in the UK? Capture-Recapture approach to estimate detection and deterrence," Working Paper series, University of East Anglia, Centre for Competition Policy (CCP) 2018-03, Centre for Competition Policy, University of East Anglia, Norwich, UK..
    16. Earnhart, Dietrich, 1997. "Enforcement of Environmental Protection Laws under Communism and Democracy," Journal of Law and Economics, University of Chicago Press, vol. 40(2), pages 377-402, October.
    17. Gooch, Elizabeth, 2019. "Terrain ruggedness and limits of political repression: Evidence from China’s Great Leap Forward and Famine (1959-61)," Journal of Comparative Economics, Elsevier, vol. 47(4), pages 827-852.
    18. Arguedas, Carmen & Rousseau, Sandra, 2009. "A Note on the Complementarity of Uniform Emission Standards and Monitoring Strategies," Working Papers in Economic Theory 2009/06, Universidad Autónoma de Madrid (Spain), Department of Economic Analysis (Economic Theory and Economic History).
    19. Dominique Demougin & Claude Fluet, 1999. "Costly Sanctions and the Maximum Penalty Principle," Cahiers de recherche CREFE / CREFE Working Papers 100, CREFE, Université du Québec à Montréal.
    20. Zhiyong (John) Liu & Zhewei Wang & Zhendong Yin, 2022. "When is duplication of effort a good thing in law enforcement?," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 24(4), pages 682-708, August.
    21. Innes, Robert, 2004. "Enforcement costs, optimal sanctions, and the choice between ex-post liability and ex-ante regulation," International Review of Law and Economics, Elsevier, vol. 24(1), pages 29-48, March.
    22. Marie Obidzinski & Yves Oytana, 2017. "How does the probability of wrongful conviction affect the standard of proof?," Working Papers hal-01462844, HAL.
    23. Stranlund, John K. & Moffitt, L. Joe, 2014. "Enforcement and price controls in emissions trading," Journal of Environmental Economics and Management, Elsevier, vol. 67(1), pages 20-38.
    24. Carmen Arguedas, 2008. "To Comply or Not To Comply? Pollution Standard Setting Under Costly Monitoring and Sanctioning," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 41(2), pages 155-168, October.
    25. Dietrich Earnhart, 1998. "Civil Litigation, Access to Government-Held Information, and Coordination of Public and Private Enforcement in the Czech Republic," European Journal of Law and Economics, Springer, vol. 6(2), pages 113-141, September.
    26. Nuno Garoupa, 2000. "Optimal magnitude and probability of fines," Economics Working Papers 454, Department of Economics and Business, Universitat Pompeu Fabra.
    27. Croke,Kevin & Garcia Mora,Maria Elena & Goldstein,Markus P. & Mensah,Edouard Romeo & O'Sullivan,Michael B., 2020. "Up before Dawn : Experimental Evidence from a Cross-Border Trader Training at the Democratic Republic of Congo?Rwanda Border," Policy Research Working Paper Series 9123, The World Bank.
    28. Carole M. Billiet & Thomas Blondiau & Sandra Rousseau, 2014. "Punishing environmental crimes: An empirical study from lower courts to the court of appeal," Regulation & Governance, John Wiley & Sons, vol. 8(4), pages 472-496, December.
    29. Mastrobuoni, Giovanni & Rivers, David A., 2017. "Optimizing Criminal Behavior and the Disutility of Prison," IZA Discussion Papers 10796, IZA Network @ LISER.
    30. Stranlund, John K. & Chavez, Carlos A. & Villena, Mauricio G., 2007. "The Optimal Pricing of Pollution When Enforcement is Costly," Working Paper Series 7387, University of Massachusetts, Amherst, Department of Resource Economics.
    31. Kantorowicz-Reznichenko Elena, 2015. "Day-Fines: Should the Rich Pay More?," Review of Law & Economics, De Gruyter, vol. 11(3), pages 481-501, November.
    32. Anand, Anita & Green, Andrew, 2018. "Securities settlements as examples of crisis-driven regulation," International Review of Law and Economics, Elsevier, vol. 55(C), pages 41-57.
    33. Amy Whritenour Ando & Wallapak Polasub, 2006. "Envelope Backs or the Gold Standard? Choosing the Accuracy of Damage Assessment Methods," Land Economics, University of Wisconsin Press, vol. 82(3), pages 424-444.
    34. Marie Obidzinski & Yves Oytana, 2018. "Identity mistakes and the standard of proof," Working Papers halshs-01879555, HAL.
    35. Matteo Rizzolli & Margherita Saraceno, 2013. "Better that ten guilty persons escape: punishment costs explain the standard of evidence," Public Choice, Springer, vol. 155(3), pages 395-411, June.
    36. Thomas A. Garrett & Gary A. Wagner, 2007. "Red ink in the rearview mirror: local fiscal conditions and the issuance of traffic tickets," Working Papers 2006-048, Federal Reserve Bank of St. Louis.
    37. Rousseau, Sandra & Telle, Kjetil, 2010. "On the existence of the optimal fine for environmental crime," International Review of Law and Economics, Elsevier, vol. 30(4), pages 329-337, December.
    38. Carmen Arguedas, 2013. "Pollution standards, technology investment and fines for non-compliance," Journal of Regulatory Economics, Springer, vol. 44(2), pages 156-176, October.
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    41. Abatemarco, Antonio & Cascavilla, Alessandro & Dell’Anno, Roberto & Morone, Andrea, 2023. "Maximal Fines and Corruption: An Experimental Study on Illegal Waste Disposal," MPRA Paper 118733, University Library of Munich, Germany.
    42. Bac, Mehmet & Kanti Bag, Parimal, 2009. "Graduated penalty scheme," International Review of Law and Economics, Elsevier, vol. 29(4), pages 281-289, December.
    43. Elizabeth Gooch, 2018. "Resistance is Futile? Institutional and Geographic Factors in China’s Great Leap Famine," HiCN Working Papers 266, Households in Conflict Network.
    44. Earnhart, Dietrich, 1999. "Multiple Penalty Mechanisms in a Principal-Agent Model under Different Institutional Arrangements," Journal of Comparative Economics, Elsevier, vol. 27(1), pages 168-189, March.
    45. Matteo Rizzolli & Margherita Saraceno, 2009. "Better that X guilty persons escape than that one innocent suffer," Working Papers 168, University of Milano-Bicocca, Department of Economics, revised Jul 2009.
    46. Kaplow, Louis, 2019. "Optimal regulation with exemptions," International Journal of Industrial Organization, Elsevier, vol. 66(C), pages 1-39.
    47. Florens, Jean-Pierre & Foucher, Caroline, 1999. "Pollution Monitoring: Optimal Design of Inspection--An Economic Analysis of the Use of Satellite Information to Deter Oil Pollution," Journal of Environmental Economics and Management, Elsevier, vol. 38(1), pages 81-96, July.
    48. Roy Cerqueti & Fabio Sabatini & Marco Ventura, 2019. "Civic capital and support for the welfare state," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 53(2), pages 313-336, August.
    49. Arguedas, Carmen & Rousseau, Sandra, 2012. "Learning about compliance under asymmetric information," Resource and Energy Economics, Elsevier, vol. 34(1), pages 55-73.
    50. Levitt, Steven D., 1997. "Incentive compatibility constraints as an explanation for the use of prison sentences instead of fines," International Review of Law and Economics, Elsevier, vol. 17(2), pages 179-192, June.
    51. Thierry Pénard & Saïd Souam, 2002. "Collusion et politique de la concurrence en information asymétrique," Annals of Economics and Statistics, GENES, issue 66, pages 209-233.
    52. Møllgaard, Peter, 2002. "Must Trust Bust?," Working Papers 02-2002, Copenhagen Business School, Department of Economics.
    53. Keith N. Hylton & Haizhen Lin, 2008. "Innovation and Optimal Punishment, with Antitrust Applications," Working Papers 2008-09, Indiana University, Kelley School of Business, Department of Business Economics and Public Policy.
    54. Estrada, Javier, 1994. "Crime and punishment: An introductory analysis in a noncooperative framework," UC3M Working papers. Economics 2912, Universidad Carlos III de Madrid. Departamento de Economía.
    55. Rosario Crinó & Giovanni Immordino & Salvatore Piccolo, 2021. "Criminal mobility, fugitives, and extradition rules," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 23(1), pages 69-104, February.
    56. Baumann, Florian & Friehe, Tim, 2013. "Cheap talk about the detection probability," DICE Discussion Papers 90, Heinrich Heine University Düsseldorf, Düsseldorf Institute for Competition Economics (DICE).
    57. Innes, Robert, 1999. "Remediation and self-reporting in optimal law enforcement," Journal of Public Economics, Elsevier, vol. 72(3), pages 379-393, June.
    58. Azmat Gani, 2018. "Contract Enforcement and Trade," Journal of Industry, Competition and Trade, Springer, vol. 18(1), pages 107-119, March.
    59. BRYAN C. McCANNON, 2009. "Differentiating Between First And Repeat Offenses," Contemporary Economic Policy, Western Economic Association International, vol. 27(1), pages 76-85, January.
    60. Saak, Alexander E., 2002. "Identity Preservation And False Labeling In The Food Supply Chain," Hebrew University of Jerusalem Archive 18614, Hebrew University of Jerusalem.
    61. Christodoulos Stefanadis, 2020. "Social conflict, property rights, and the capital–labor split," Journal of Theoretical Politics, , vol. 32(4), pages 582-604, October.
    62. Arguedas, Carmen, 1999. "Enviromental standards and costly monitoring," UC3M Working papers. Economics 6099, Universidad Carlos III de Madrid. Departamento de Economía.
    63. Roberta Troisi & Gaetano Alfano, 2023. "Proximity and inter-firm corruption: A transaction cost approach," Small Business Economics, Springer, vol. 60(3), pages 1105-1120, March.
    64. Wang, Yang & Ashton, John K. & Jaafar, Aziz, 2023. "Financial statement fraud, recidivism and punishment," Emerging Markets Review, Elsevier, vol. 56(C).
    65. Arguedas, Carmen, 2005. "Bargaining in environmental regulation revisited," Journal of Environmental Economics and Management, Elsevier, vol. 50(2), pages 422-433, September.
    66. Thomas Lionel, 2015. "Optimal Marginal Deterrence and Incentives for Precaution," Review of Law & Economics, De Gruyter, vol. 11(3), pages 409-433, November.
    67. Harrison Hong & Inessa Liskovich, 2015. "Crime, Punishment and the Halo Effect of Corporate Social Responsibility," NBER Working Papers 21215, National Bureau of Economic Research, Inc.
    68. Oded, Sharon, 2011. "Inducing corporate compliance: A compound corporate liability regime," International Review of Law and Economics, Elsevier, vol. 31(4), pages 272-283.
    69. Rousseau, Sandra, 2009. "Empirical Analysis of Sanctions for Environmental Offenses," International Review of Environmental and Resource Economics, now publishers, vol. 3(3), pages 161-194, December.
    70. A. Mitchell Polinsky & Steven Shavell, 1999. "The Economic Theory of Public Enforcement of Law," NBER Working Papers 6993, National Bureau of Economic Research, Inc.
    71. Harold Houba & Evgenia Motchenkova & Quan Wen, 2013. "Legal Principles in Antitrust Enforcement," Tinbergen Institute Discussion Papers 13-178/II, Tinbergen Institute.
    72. Nuno Garoupa & Jonathan Klick & Francesco Parisi, 2006. "A law and economics perspective on terrorism," Public Choice, Springer, vol. 128(1), pages 147-168, July.
    73. Nuno Garoupa, 1997. "The economics of organized crime and optimal law enforcement," Economics Working Papers 246, Department of Economics and Business, Universitat Pompeu Fabra, revised Dec 1997.
    74. Harold Houba & Evgenia Motchenkova & Quan Wen, 2011. "Antitrust Enforcement and Marginal Deterrence," Tinbergen Institute Discussion Papers 11-166/1, Tinbergen Institute.
    75. Matteo Rizzolli, 2016. "Adjudication: Type-I and Type-II Errors," CERBE Working Papers wpC15, CERBE Center for Relationship Banking and Economics.
    76. Rosario Crinò & Giovanni Immordino & Salvatore Piccolo, 2018. "Fighting Mobile Crime," DISCE - Working Papers del Dipartimento di Economia e Finanza def071, Università Cattolica del Sacro Cuore, Dipartimenti e Istituti di Scienze Economiche (DISCE).
    77. Ogus, Anthony, 2005. "Towards Appropriate Institutional Arrangements for Regulation in Less Developed Countries," Centre on Regulation and Competition (CRC) Working papers 30644, University of Manchester, Institute for Development Policy and Management (IDPM).
    78. Arguedas, Carmen & Cabo, Francisco & Martín-Herrán, Guiomar, 2020. "Enforcing regulatory standards in stock pollution problems," Journal of Environmental Economics and Management, Elsevier, vol. 100(C).
    79. Alexander Funcke & Daniel Cownden, 2015. "A Mechanism for Optimal Enforcement of Coordination: Sidestepping Theory of Mind," PPE Working Papers 0003, Philosophy, Politics and Economics, University of Pennsylvania.
    80. Robert Innes, 1999. "Self-Policing and Optimal Law Enforcement When Violator Remediation is Valuable," Journal of Political Economy, University of Chicago Press, vol. 107(6), pages 1305-1325, December.

  46. Steven Shavell, 1990. "Individual Precautions to Prevent Theft: Private Versus Socially OptimalBehavior," NBER Working Papers 3560, National Bureau of Economic Research, Inc.

    Cited by:

    1. Ian Ayres & Steven D. Levitt, 1997. "Measuring Positive Externalities from Unobservable Victim Precaution: An Empirical Analysis of Lojack," NBER Working Papers 5928, National Bureau of Economic Research, Inc.
    2. Alexander Muermann & Howard Kunreuther, 2007. "Self-Protection and Insurance with Interdependencies," NBER Working Papers 12827, National Bureau of Economic Research, Inc.
    3. Rafael Di Tella & Sebastian Galiani & Ernesto Schargrodsky, 2006. "Crime Distribution and Victim Behavior during a Crime Wave," CEDLAS, Working Papers 0044, CEDLAS, Universidad Nacional de La Plata.
    4. Nyberg, Sten, 1997. "The honest society: Stability and policy considerations," Journal of Public Economics, Elsevier, vol. 64(1), pages 83-99, April.
    5. Rafael Di Tella & Sebastian Galiani & Ernesto Schargrodsky, 2006. "Crime Distribution & Victim Behavior During a Crime Wave," William Davidson Institute Working Papers Series wp849, William Davidson Institute at the University of Michigan.

  47. Steven Shavell, 1989. "A Note on Optimal Deterrence When Individuals Choose Among Harmful Acts," NBER Working Papers 3061, National Bureau of Economic Research, Inc.

    Cited by:

    1. Dong Yan & Paolo Davide Farah & Ivana Gaskova & Carlo Vittorio Giabardo, 2020. "Evaluating China’s Environmental Management and Risks Avoidance Policies and Regulations on Offshore Methane Hydrate Extraction," Sustainability, MDPI, vol. 12(13), pages 1-15, July.

  48. Louis Kaplow & Steven Shavell, 1989. "Legal Advice about Acts Already Commited," NBER Working Papers 3005, National Bureau of Economic Research, Inc.

    Cited by:

    1. Giuseppe Dari-Mattiacci & Bruno Deffains, 2006. "Uncertainty of Law and the Legal Process," Working Papers of BETA 2006-11, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.
    2. Hugh Gravelle & Nuno Garoupa, "undated". "Optimal Deterrence with Legal Defence Expenditure," Discussion Papers 00/08, Department of Economics, University of York.

  49. Steven Shavell, 1989. "Specific Versus General Enforcement of Law," NBER Working Papers 3062, National Bureau of Economic Research, Inc.

    Cited by:

    1. A. Mitchell Polinsky & Steven Shavell, 2005. "The Theory of Public Enforcement of Law," Discussion Papers 05-004, Stanford Institute for Economic Policy Research.
    2. Anna Rita Germani, 2007. "The Environmental Enforcement in the Civil and the Common Law Systems. A Case on the Economic Effects of Legal Institutions," Quaderni DSEMS 22-2007, Dipartimento di Scienze Economiche, Matematiche e Statistiche, Universita' di Foggia.
    3. A. Mitchell Polinsky & Steven Shavell, 2006. "Public Enforcement of Law," Discussion Papers 05-016, Stanford Institute for Economic Policy Research.
    4. A. Mitchell Polinsky & Steven Shavell, 1990. "Enforcement Costs and the Optimal Magnitude and Probability of Fines," NBER Working Papers 3429, National Bureau of Economic Research, Inc.
    5. Giovanni Immordino & Marco Pagano, 2003. "Legal Standards, Enforcement and Corruption," CSEF Working Papers 98, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy, revised 01 Oct 2009.
    6. Huseyin Cavusoglu & Byungwan Koh & Srinivasan Raghunathan, 2010. "An Analysis of the Impact of Passenger Profiling for Transportation Security," Operations Research, INFORMS, vol. 58(5), pages 1287-1302, October.
    7. Langlais, Eric, 2009. "les criminels aiment-ils le risque ? [Are criminals risk-seeking individulas ?]," MPRA Paper 14892, University Library of Munich, Germany.
    8. Ben-Shahar, Omri, 1997. "Playing without a rulebook: Optimal enforcement when individuals learn the penalty only by committing the crime," International Review of Law and Economics, Elsevier, vol. 17(3), pages 409-421, September.
    9. Louis Kaplow, 2017. "Optimal Multistage Adjudication," NBER Working Papers 23364, National Bureau of Economic Research, Inc.
    10. Nicolas Marceau & Steeve Mongrain, 2000. "Amnesties and Co-operation," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 7(3), pages 259-273, May.
    11. Waldfogel, Joel, 1995. "Are Fines and Prison Terms Used Efficiently? Evidence on Federal Fraud Offenders," Journal of Law and Economics, University of Chicago Press, vol. 38(1), pages 107-139, April.
    12. Philip Curry & Steeve Mongrain, "undated". "What You Don't See Can't Hurt You: An Economic Analysis of," American Law & Economics Association Annual Meetings 1062, American Law & Economics Association.
    13. Louis Kaplow, 2012. "On the Optimal Burden of Proof," NBER Working Papers 17765, National Bureau of Economic Research, Inc.
    14. Mungan, Murat C., 2010. "Repeat offenders: If they learn, we punish them more severely," International Review of Law and Economics, Elsevier, vol. 30(2), pages 173-177, June.
    15. Mungan, Murat C., 2011. "Welfare enhancing regulation exemptions," International Review of Law and Economics, Elsevier, vol. 31(4), pages 249-255.
    16. Miceli, Thomas J. & Segerson, Kathleen, 2024. "The broken-windows theory of crime: A Bayesian approach," International Review of Law and Economics, Elsevier, vol. 80(C).
    17. Alfred Endres & Bianca Rundshagen, 2012. "Escalating penalties: a supergame approach," Economics of Governance, Springer, vol. 13(1), pages 29-49, March.
    18. Thomas J. Miceli, 2022. "Of Coase, Cattle, and Crime: Why the Becker Model is Compatible with a Moral Theory of Criminal Law," Working papers 2022-05, University of Connecticut, Department of Economics.
    19. Kantorowicz-Reznichenko Elena, 2015. "Day-Fines: Should the Rich Pay More?," Review of Law & Economics, De Gruyter, vol. 11(3), pages 481-501, November.
    20. Motta, Alberto & Burlando, Alfredo, 2007. "Self reporting reduces corruption in law enforcement," MPRA Paper 5332, University Library of Munich, Germany, revised 23 Jun 2007.
    21. King, Stephen P. & Lampe, Ryan, 2003. "Network externalities, price discrimination and profitable piracy," Information Economics and Policy, Elsevier, vol. 15(3), pages 271-290, September.
    22. Aaron Chalfin & Benjamin Hansen & Rachel Ryley, 2019. "The Minimum Legal Drinking Age and Crime Victimization," NBER Working Papers 26051, National Bureau of Economic Research, Inc.
    23. Friehe, Tim & Miceli, Thomas J., 2015. "Focusing law enforcement when offenders can choose location," International Review of Law and Economics, Elsevier, vol. 42(C), pages 105-112.
    24. Huseyin Cavusoglu & Young Kwark & Bin Mai & Srinivasan Raghunathan, 2013. "Passenger Profiling and Screening for Aviation Security in the Presence of Strategic Attackers," Decision Analysis, INFORMS, vol. 10(1), pages 63-81, March.
    25. Crinò, Rosario & Immordino, Giovanni & Piccolo, Salvatore, 2019. "Marginal deterrence at work," Journal of Economic Behavior & Organization, Elsevier, vol. 166(C), pages 586-612.
    26. Jost, Peter-J, 2001. "Crime, coordination, and punishment: An economic analysis," International Review of Law and Economics, Elsevier, vol. 21(1), pages 23-46, March.
    27. Steven Shavell, 1989. "A Note on Optimal Deterrence When Individuals Choose Among Harmful Acts," NBER Working Papers 3061, National Bureau of Economic Research, Inc.
    28. A. Mitchell Polinsky & Daniel L. Rubinfeld, 1991. "A Model of Optimal Fines for Repeat Offenders," NBER Working Papers 3739, National Bureau of Economic Research, Inc.
    29. Feess, Eberhard & Wohlschlegel, Ansgar, 2009. "Why higher punishment may reduce deterrence," Economics Letters, Elsevier, vol. 104(2), pages 69-71, August.
    30. Avner Bar-Ilan & Bruce Sacerdote, 2001. "The Response to Fines and Probability of Detection in a Series of Experiments," NBER Working Papers 8638, National Bureau of Economic Research, Inc.
    31. Thomas J. Miceli & Murat C. Mungan, 2021. "The limit of law: factors influencing the decision to make harmful acts illegal," Economics of Governance, Springer, vol. 22(3), pages 293-307, September.
    32. Marcello Basili & Filippo Belloc, 2018. "Italian “Homicide Road Law”: Evidence of a Puzzle?," Department of Economics University of Siena 781, Department of Economics, University of Siena.
    33. Thomas J. Miceli, 2022. "Counting offenders’ gains? Economic and moral considerations in the determination of criminality," European Journal of Law and Economics, Springer, vol. 54(3), pages 475-496, December.
    34. Rosario Crinó & Giovanni Immordino & Salvatore Piccolo, 2021. "Criminal mobility, fugitives, and extradition rules," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 23(1), pages 69-104, February.
    35. A. Mitchell Polinsky & Steven Shavell, 2005. "Economic Analysis of Law," Discussion Papers 05-005, Stanford Institute for Economic Policy Research.
    36. Friehe, Tim, 2008. "Optimal sanctions and endogeneity of differences in detection probabilities," International Review of Law and Economics, Elsevier, vol. 28(2), pages 150-155, June.
    37. Chalfin, Aaron & Danagoulian, Shooshan & Deza, Monica, 2019. "More sneezing, less crime? Health shocks and the market for offenses," Journal of Health Economics, Elsevier, vol. 68(C).
    38. Joanne Roberts, 2000. "Plea Bargaining with Budgetary Constraints and Deterrence," Working Papers jorob-00-01, University of Toronto, Department of Economics.
    39. Innes, Robert, 1999. "Remediation and self-reporting in optimal law enforcement," Journal of Public Economics, Elsevier, vol. 72(3), pages 379-393, June.
    40. Marceau, Nicolas, 1997. "Self-selection and violence in the market for crime," International Review of Law and Economics, Elsevier, vol. 17(2), pages 193-201, June.
    41. Pierre Lasserre & Antoine Soubeyran, 1999. "Optimal Justice in a General Equilibrium Model with Non Observable Individual Productivities," CIRANO Working Papers 99s-37, CIRANO.
    42. Friehe, Tim & Tabbach, Avraham, 2013. "Preventive enforcement," International Review of Law and Economics, Elsevier, vol. 35(C), pages 1-12.
    43. Rasmusen, Eric, 1995. "How optimal penalties change with the amount of harm," International Review of Law and Economics, Elsevier, vol. 15(1), pages 101-108, January.
    44. Polinsky, A. Mitchell & Shavell, Steven, 1998. "On offense history and the theory of deterrence," International Review of Law and Economics, Elsevier, vol. 18(3), pages 305-324, September.
    45. Dari-Mattiacci, Giuseppe & Immordino, Giovanni & Russo, Francesco F., 2025. "Fines for unequal societies," European Journal of Political Economy, Elsevier, vol. 86(C).
    46. A. Mitchell Polinsky & Steven Shavell, 1999. "Corruption and Optimal Law Enforcement," NBER Working Papers 6945, National Bureau of Economic Research, Inc.
    47. Jeong-Yoo Kim, 2024. "Seller liability versus platform liability: optimal liability rule and law enforcement in the platform economy," European Journal of Law and Economics, Springer, vol. 58(1), pages 119-148, August.
    48. Lucian Arye Bebchuk & Louis Kaplow, 1992. "Optimal Sanctions When the Probability of Apprehension Varies Among Individuals," NBER Working Papers 4078, National Bureau of Economic Research, Inc.
    49. Peter M. DeMarzo & Michael J. Fishman & Kathleen M. Hagerty, 1998. "The Optimal Enforcement of Insider Trading Regulations," Journal of Political Economy, University of Chicago Press, vol. 106(3), pages 602-632, June.
    50. Malouke Esra Kuiper & Monique Chambon & Anne Leonore Bruijn & Chris Reinders Folmer & Elke Hindina Olthuis & Megan Brownlee & Emmeke Barbara Kooistra & Adam Fine & Frenk Harreveld & Gabriela Lunansky , 2023. "A Network Approach to Compliance: A Complexity Science Understanding of How Rules Shape Behavior," Journal of Business Ethics, Springer, vol. 184(2), pages 479-504, May.
    51. Mungan Murat C., 2013. "Optimal Warning Strategies: Punishment Ought Not to Be Inflicted Where the Penal Provision Is Not Properly Conveyed," Review of Law & Economics, De Gruyter, vol. 9(3), pages 303-339, November.
    52. Rousseau, Sandra, 2009. "Empirical Analysis of Sanctions for Environmental Offenses," International Review of Environmental and Resource Economics, now publishers, vol. 3(3), pages 161-194, December.
    53. Nicolas Marceau & Steeve Mongrain, 1999. "Dissuader le crime : un survol," L'Actualité Economique, Société Canadienne de Science Economique, vol. 75(1), pages 123-147.
    54. Parikshit Ghosh, 2009. "Making the Punishment Fit the Crime or Taliban Justice? Optimal Penalties Without Commitment," Working papers 175, Centre for Development Economics, Delhi School of Economics.
    55. Nussim, Jacob & Tabbach, Avraham D., 2009. "Deterrence and avoidance," International Review of Law and Economics, Elsevier, vol. 29(4), pages 314-323, December.
    56. Eef Delhaye, 2004. "Traffic safety: speed limits, strict liability and a km tax," Energy, Transport and Environment Working Papers Series ete0407, KU Leuven, Department of Economics - Research Group Energy, Transport and Environment.
    57. Huseyin Cavusoglu & Birendra Mishra & Srinivasan Raghunathan, 2005. "The Value of Intrusion Detection Systems in Information Technology Security Architecture," Information Systems Research, INFORMS, vol. 16(1), pages 28-46, March.
    58. D’Antoni Massimo & Friehe Tim & Tabbach Avraham, 2023. "Optimal Imprisonment with General Enforcement of Law," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 23(2), pages 537-545, April.
    59. Derek Pyne, 2010. "When is it efficient to treat juvenile offenders more leniently than adult offenders?," Economics of Governance, Springer, vol. 11(4), pages 351-371, November.

  50. Steven Shavell, 1983. "Uncertainty Over Causation and the Determination of Civil Liability," NBER Working Papers 1219, National Bureau of Economic Research, Inc.

    Cited by:

    1. Cooter, Robert D., 1996. "The theory of market modernization of law," International Review of Law and Economics, Elsevier, vol. 16(2), pages 141-172, June.
    2. Feess, Eberhard & Ossig, Sonja, 2007. "Reimbursement schemes for hospitals, malpractice liability, and intrinsic motivation," International Review of Law and Economics, Elsevier, vol. 27(4), pages 423-441, December.
    3. Donatella Porrini, 2005. "Environmental Policies Choice as an Issue of Informational Efficiency," Chapters, in: Jürgen G. Backhaus (ed.), The Elgar Companion to Law and Economics, Second Edition, chapter 23, Edward Elgar Publishing.
    4. Gérard Mondello, 2013. "Ambiguous Beliefs on Damages and Civil Liability Theories"," Post-Print halshs-00929948, HAL.
    5. Gomez, Fernando & Penalva, Jose, 2015. "Tort reform and the theory of coordinating tort and insurance," International Review of Law and Economics, Elsevier, vol. 43(C), pages 83-97.
    6. van Velthoven Ben C.J. & van Wijck Peter W., 2009. "Additive and Non-Additive Risk Factors in Multiple Causation," Review of Law & Economics, De Gruyter, vol. 5(1), pages 517-539, September.
    7. Thomas J. Miceli & Kathleen Segerson, 2004. "Punishing the Innocent along with the Guilty: The Economics of Individual versus Group Punishment," Working papers 2004-37, University of Connecticut, Department of Economics.
    8. David Rosenberg, 1986. "The Uncertainties of Assigned Shares Tort Compensation: What We Don't Know Can Hurt Us," Risk Analysis, John Wiley & Sons, vol. 6(3), pages 363-369, September.
    9. G. Dari Mattiacci & G.G.A. de Geest, 2004. "The Filtering Effect of Sharing Rules," Working Papers 04-17, Utrecht School of Economics.
    10. Schweizer, Urs, 2008. "Legal Damages for Losses of Chances," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 235, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
    11. Dietrich Earnhart, 1998. "Civil Litigation, Access to Government-Held Information, and Coordination of Public and Private Enforcement in the Czech Republic," European Journal of Law and Economics, Springer, vol. 6(2), pages 113-141, September.
    12. Eric Langlais & Maxime Charreire, 2020. "Should environment be a concern for competition policy when firms face environmental liability ?," EconomiX Working Papers 2020-25, University of Paris Nanterre, EconomiX.
    13. Thomas J. Miceli, 2013. "Collective Responsibility," Working papers 2013-23, University of Connecticut, Department of Economics.
    14. Schweizer Urs, 2011. "Damages for Breach of Duty in Corporate Disclosure," Review of Law & Economics, De Gruyter, vol. 7(2), pages 355-376, December.
    15. Guiseppe Dari Mattiaci & F. Parisi, 2003. "The Economics of Tort Law: A Précis," Working Papers 03-13, Utrecht School of Economics.
    16. Hylton, Keith N. & Lin, Haizhen, 2013. "Negligence, causation, and incentives for care," International Review of Law and Economics, Elsevier, vol. 35(C), pages 80-89.
    17. Jef De Mot & Thomas J. Miceli, 2014. "Comparing All-Or-Nothing and Proportionate Damages: A Rent Seeking Approach," Working papers 2014-30, University of Connecticut, Department of Economics.
    18. Qi Zhou, 2009. "Economic analysis of the legal standard for deceit in English tort law," European Journal of Law and Economics, Springer, vol. 28(1), pages 83-102, August.
    19. Young, Robert & Faure, Michael & Fenn, Paul, 2004. "Causality and causation in tort law," International Review of Law and Economics, Elsevier, vol. 24(4), pages 507-523, December.
    20. Thomas J. Miceli & Michael P. Stone, 2013. "“Piggyback” Lawsuits and Deterrence: Can Frivolous Litigation Improve Welfare?," Working papers 2013-16, University of Connecticut, Department of Economics.
    21. Thomas J. Miceli & Kathleen Segerson, 2004. "Do Exposure Suits Produce a "Race to File"? An Economic Analysis of a Tort for Risk," Working papers 2004-25, University of Connecticut, Department of Economics.
    22. Pfrommer, Tobias, 2018. "A Model of Solar Radiation Management Liability," Working Papers 0644, University of Heidelberg, Department of Economics.
    23. Bentata Pierre, 2013. "Environmental Regulation and Civil Liability Under Causal Uncertainty: An Empirical Study of the French Legal System," Review of Law & Economics, De Gruyter, vol. 9(2), pages 239-263, October.
    24. Keith N. Hylton & Haizhen Lin & Hyo-Youn Chu, 2013. "Negligence and Two-Sided Causation," Working Papers 2013-05, Indiana University, Kelley School of Business, Department of Business Economics and Public Policy.
    25. Pierre Bentata, 2014. "Liability as a complement to environmental regulation: an empirical study of the French legal system," Environmental Economics and Policy Studies, Springer;Society for Environmental Economics and Policy Studies - SEEPS, vol. 16(3), pages 201-228, July.
    26. Feess, Eberhard & Schildberg-Hörisch, Hannah & Schramm, Markus & Wohlschlegel, Ansgar, 2018. "The impact of fine size and uncertainty on punishment and deterrence: Theory and evidence from the laboratory," Journal of Economic Behavior & Organization, Elsevier, vol. 149(C), pages 58-73.
    27. De Mot Jef & Miceli Thomas J., 2019. "Litigation and the Product Rule: A Rent Seeking Approach," Review of Law & Economics, De Gruyter, vol. 15(1), pages 1-19, March.
    28. Steven Shavell, 2005. "Liability for Accidents," NBER Working Papers 11781, National Bureau of Economic Research, Inc.
    29. Gérard Mondello, 2012. "The Equivalence of Strict Liability and Negligence Rule: A "Trompe l'oeil" Perspective," GREDEG Working Papers 2012-03, Groupe de REcherche en Droit, Economie, Gestion (GREDEG CNRS), Université Côte d'Azur, France.
    30. Singh, Ram, 2007. "‘Causation-consistent’ liability, economic efficiency and the law of torts," International Review of Law and Economics, Elsevier, vol. 27(2), pages 179-203.
    31. Eberhard Feess & Gerd Muehlheusser & Ansgar Wohlschlegel, 2009. "Environmental liability under uncertain causation," European Journal of Law and Economics, Springer, vol. 28(2), pages 133-148, October.
    32. Michael Faure, 2009. "Environmental Liability," Chapters, in: Michael Faure (ed.), Tort Law and Economics, chapter 10, Edward Elgar Publishing.
    33. Gérard Mondello, 2015. "Civil liability, Knight's UnCertainty and non-diCtatorial regUlator Documents de travail GREDEG GREDEG Working Papers Series," Working Papers hal-01251437, HAL.
    34. De Mot Jef & Miceli Thomas J., 2015. "Comparing All-or-Nothing and Proportionate Damages: A Rent-Seeking Approach," Review of Law & Economics, De Gruyter, vol. 11(1), pages 1-17, March.
    35. Paul Burrows, 1999. "A Deferential Role for Efficiency Theory in Analysing Causation-Based Tort Law," European Journal of Law and Economics, Springer, vol. 8(1), pages 29-49, July.
    36. Young Robert & Faure Michael & Fenn Paul, 2007. "Multiple Tortfeasors: An Economic Analysis," Review of Law & Economics, De Gruyter, vol. 3(1), pages 111-132, May.
    37. Bartsch, Elga, 1996. "Enforcement of environmental liability in the case of uncertain causality and asymmetric information," Kiel Working Papers 755, Kiel Institute for the World Economy.
    38. Yves Oytana & Nathalie Chappe, 2018. "Expert opinion in a tort litigation game," European Journal of Law and Economics, Springer, vol. 46(1), pages 67-107, August.
    39. Shmuel Leshem & Geoffrey P. Miller, 2009. "All-or-Nothing versus Proportionate Damages," The Journal of Legal Studies, University of Chicago Press, vol. 38(2), pages 345-382, June.
    40. Keith Hylton & Haizhen Lin & Hyo-Youn Chu, 2015. "Negligence and two-sided causation," European Journal of Law and Economics, Springer, vol. 40(3), pages 393-411, December.
    41. Gérard Mondello, 2012. "La responsabilité environnementale des prêteurs : difficultés juridiques et ensemble des possibles," L'Actualité Economique, Société Canadienne de Science Economique, vol. 88(2), pages 257-278.
    42. Schweizer, Urs, 2009. "Legal damages for losses of chances," International Review of Law and Economics, Elsevier, vol. 29(2), pages 153-160, June.
    43. Barendrecht, J.M., 2004. "Cooperation in transactions and disputes : A problem-solving legal system," Discussion Paper 2004-003, Tilburg University, Tilburg Law and Economic Center.
    44. Stremitzer, Alexander & Tabbach, Avraham, 2009. "Insolvency and Biased Standards - The Case for Proportional Liability," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 289, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.

  51. Steven Shavell, 1983. "Liability for Harm Versus Regulation of Safety," NBER Working Papers 1218, National Bureau of Economic Research, Inc.

    Cited by:

    1. Hoffmann, Sandra & Schwartz, Warren & Dharmapala, Dhammika, 2001. "A Neglected Interdependency in Liability Theory," RFF Working Paper Series dp-01-13, Resources for the Future.
    2. Ephraim Clark & Gérard Mondello, 2000. "Resource Management and the Mayor's Guarantee in French Water Allocation," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 15(2), pages 103-113, February.
    3. Carolyn Chisadza & Manoel Bittencourt, 2014. "Is Democracy Eluding Sub-Saharan Africa?," Working Papers 201403, University of Pretoria, Department of Economics.
    4. Guiseppe Dari Mattiaci & F. Parisi, 2003. "The Economics of Tort Law: A Précis," Working Papers 03-13, Utrecht School of Economics.
    5. Edward L. Glaeser & Andrei Shleifer, 2001. "The Rise of the Regulatory State," NBER Working Papers 8650, National Bureau of Economic Research, Inc.
    6. Dhammika Dharmapala & Sandra A. Hoffmann, 2002. "Bilateral Accidents with Intrinsically Interdependent Costs of Precaution," Working papers 2002-11, University of Connecticut, Department of Economics.
    7. G.G.A. de Geest & G. Dari Mattiacci, 2005. "Soft Regulators, tough judges," Working Papers 05-06, Utrecht School of Economics.
    8. Ephraim Clark & Gérard Mondello, 2000. "Water Management in France: Delegation and Irreversibility," Journal of Applied Economics, Universidad del CEMA, vol. 3, pages 325-352, November.
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    16. Eef Delhaye, 2004. "Traffic safety: speed limits, strict liability and a km tax," Energy, Transport and Environment Working Papers Series ete0407, KU Leuven, Department of Economics - Research Group Energy, Transport and Environment.
    17. Marcel Boyer & Donatella Porrini, 2002. "Modeling the Choice Between Regulation and Liability in Terms of Social Welfare," CIRANO Working Papers 2002s-13, CIRANO.
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    Cited by:

    1. Rizzolli, Matteo & Tremewan, James, 2018. "Hard labor in the lab: Deterrence, non-monetary sanctions, and severe procedures," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 77(C), pages 107-121.
    2. Germani, Anna Rita & Morone, Andrea & Morone, Piergiuseppe & Scaramozzino, Pasquale, 2013. "Discretionary enforcement and strategic interactions between firms, regulatory agency and justice department: a theoretical and empirical investigation," MPRA Paper 51369, University Library of Munich, Germany.
    3. A. Mitchell Polinsky & Steven Shavell, 2005. "The Theory of Public Enforcement of Law," Discussion Papers 05-004, Stanford Institute for Economic Policy Research.
    4. Ayse Imrohoroglu & Antonio Merlo & Peter Rupert, 1996. "On the political economy of income redistribution and crime," Working Papers (Old Series) 9609, Federal Reserve Bank of Cleveland.
    5. Philip A. Curry & Steeve Mongrain, 2007. "What You Don't See Can't Hurt You: An Economic Analysis of Morality Laws," Discussion Papers dp07-05, Department of Economics, Simon Fraser University.
    6. Yulia Kuchumova, 2018. "A collateral tax sanction: When does it mimic a welfare-improving tag?," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 25(4), pages 841-866, August.
    7. Rosario Crinò & Giovanni Immordino & Salvatore Piccolo, 2017. "Marginal Deterrence at Work," CESifo Working Paper Series 6665, CESifo.
    8. Anwar Shah & Karim Khan & Muhammad Zubair, 2019. "Moral Hazard, Monitoring and Punishment: Evidence from a Field Experiment," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 58(2), pages 109-134.
    9. Anna Rita Germani, 2007. "The Environmental Enforcement in the Civil and the Common Law Systems. A Case on the Economic Effects of Legal Institutions," Quaderni DSEMS 22-2007, Dipartimento di Scienze Economiche, Matematiche e Statistiche, Universita' di Foggia.
    10. Kangoh Lee, 2017. "Norms and monetary fines as deterrents, and distributive effects," Journal of Economics, Springer, vol. 121(1), pages 1-27, May.
    11. A. Mitchell Polinsky & Steven Shavell, 2006. "Public Enforcement of Law," Discussion Papers 05-016, Stanford Institute for Economic Policy Research.
    12. Arai, Yasuhiro, 2011. "Civil and criminal penalties for copyright infringement," Information Economics and Policy, Elsevier, vol. 23(3), pages 270-280.
    13. Garrett, Daniel F. & Dilmé, Francesc, 2019. "Residual Deterrence," TSE Working Papers 19-1029, Toulouse School of Economics (TSE).
    14. Matteo Rizzolli & James Tremewan, 2016. "Hard Labour in the lab: Are monetary and non-monetary sanctions really substitutable?," Vienna Economics Papers vie1606, University of Vienna, Department of Economics.
    15. Louis Kaplow & Steven Shavell, 2001. "Moral Rules and the Moral Sentiments: Toward a Theory of an Optimal Moral System," NBER Working Papers 8688, National Bureau of Economic Research, Inc.
    16. Ghulam Shabbir & Mumtaz Anwar & Shahid Adil, 2016. "Corruption, Political Stability and Economic Growth," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 55(4), pages 689-702.
    17. Eide, Erling & Rubin, Paul H. & Shepherd, Joanna M., 2006. "Economics of Crime," Foundations and Trends(R) in Microeconomics, now publishers, vol. 2(3), pages 205-279, December.
    18. Langlais, Eric, 2006. "Criminals and risk attitude," MPRA Paper 1149, University Library of Munich, Germany, revised 15 Sep 2006.
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    20. Langlais, Eric, 2009. "les criminels aiment-ils le risque ? [Are criminals risk-seeking individulas ?]," MPRA Paper 14892, University Library of Munich, Germany.
    21. Montag, Josef & Tremewan, James, 2020. "Let the punishment fit the criminal: An experimental study," Journal of Economic Behavior & Organization, Elsevier, vol. 175(C), pages 423-438.
    22. Carole Billiet & Sandra Rousseau, 2014. "How real is the threat of imprisonment for environmental crime?," European Journal of Law and Economics, Springer, vol. 37(2), pages 183-198, April.
    23. John Ashton & Tim Burnett & Ivan Diaz Rainey & Peter L. Ormosi, 2018. "Has the financial regulatory environment improved in the UK? Capture-Recapture approach to estimate detection and deterrence," Working Paper series, University of East Anglia, Centre for Competition Policy (CCP) 2018-03, Centre for Competition Policy, University of East Anglia, Norwich, UK..
    24. Riku Lindqvist & Chiara Lombardini & Leila Suvantola & Markku Ollikainen, 2024. "The deterrence effect of criminal sanctions against environmental crime in Finland: an application of the rational choice model of crime," European Journal of Law and Economics, Springer, vol. 58(2), pages 175-200, October.
    25. Bowles, Roger & Faure, Michael & Garoupa, Nuno, 2000. "Economic analysis of the removal of illegal gains," International Review of Law and Economics, Elsevier, vol. 20(4), pages 537-549, December.
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    40. Franco Mariuzzo & Peter Ormosi & Zherou Majied, 2019. "Public and reputational sanctions: The case of cartels," Working Paper series, University of East Anglia, Centre for Competition Policy (CCP) 2018-06v3, Centre for Competition Policy, University of East Anglia, Norwich, UK..
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    50. Hakan İnal, 2015. "Voting over law enforcement: mission impossible," SERIEs: Journal of the Spanish Economic Association, Springer;Spanish Economic Association, vol. 6(3), pages 349-360, August.
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    53. Bedard, Kelly & Helland, Eric, 2004. "The location of women's prisons and the deterrence effect of "harder" time," International Review of Law and Economics, Elsevier, vol. 24(2), pages 147-167, June.
    54. Garoupa, Nuno & Klerman, Daniel, 2004. "Corruption and the optimal use of nonmonetary sanctions," International Review of Law and Economics, Elsevier, vol. 24(2), pages 219-225, June.
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    56. Rouillon, Sébastien, 2010. "Optimal law enforcement with costly public funds," International Review of Law and Economics, Elsevier, vol. 30(4), pages 345-348, December.
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    59. Mariuzzo, Franco & Ormosi, Peter L & Majied, Zherou, 2020. "Fines and reputational sanctions: The case of cartels," International Journal of Industrial Organization, Elsevier, vol. 69(C).
    60. Dominique Demougin & Stephane Pallage, 1999. "Society Versus Jury: A Case for Limiting Behavior," Cahiers de recherche du Département des sciences économiques, UQAM 9907, Université du Québec à Montréal, Département des sciences économiques.
    61. Anna Piil Damm & Britt Østergaard Larsen & Helena Skyt Nielsen & Marianne Simonsen, 2017. "Lowering the minimum age of criminal responsibility: Consequences for juvenile crime and education," Economics Working Papers 2017-10, Department of Economics and Business Economics, Aarhus University.
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    65. Basili, Marcello & Belloc, Filippo & Nicita, Antonio, 2015. "Group attitude and hybrid sanctions: Micro-econometric evidence from traffic law," Transportation Research Part A: Policy and Practice, Elsevier, vol. 78(C), pages 325-336.
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    70. Baumann, Florian & Friehe, Tim, 2013. "Cheap talk about the detection probability," DICE Discussion Papers 90, Heinrich Heine University Düsseldorf, Düsseldorf Institute for Competition Economics (DICE).
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    81. Jeong-Yoo Kim, 2013. "A note on the non-maximality of the optimal fines when the apprehension probability depends on the offense rate," European Journal of Law and Economics, Springer, vol. 36(1), pages 131-138, August.
    82. Paul Hallwood & Thomas J. Miceli, 2013. "An examination of some problems with international law governing maritime piracy," Maritime Policy & Management, Taylor & Francis Journals, vol. 40(1), pages 65-79, January.
    83. Berger, Lawrence M., 2004. "Income, family structure, and child maltreatment risk," Children and Youth Services Review, Elsevier, vol. 26(8), pages 725-748, August.
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    88. Dari-Mattiacci, Giuseppe & Immordino, Giovanni & Russo, Francesco F., 2025. "Fines for unequal societies," European Journal of Political Economy, Elsevier, vol. 86(C).
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    95. Mungan Murat C., 2013. "Optimal Warning Strategies: Punishment Ought Not to Be Inflicted Where the Penal Provision Is Not Properly Conveyed," Review of Law & Economics, De Gruyter, vol. 9(3), pages 303-339, November.
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  53. Steven Shavell, 1982. "Torts in Which Victim and Injurer Act Sequentially," NBER Working Papers 0939, National Bureau of Economic Research, Inc.

    Cited by:

    1. Thomas J. Miceli & Kathleen Segerson, 2001. "Should Victims of Exposure to a Toxic Substance Have an Independent Claim for Medical Monitoring?," Working papers 2002-41, University of Connecticut, Department of Economics, revised Jan 2002.

  54. Steven Shavell, 1981. "The Social versus the Private Incentive to Bring Suit in a Costly Legal System," NBER Working Papers 0741, National Bureau of Economic Research, Inc.

    Cited by:

    1. Lucian Arye Bebchuk & Howard F. Chang, 1994. "An Analysis of Fee-Shifting Based on the Margin of Victory: On FrivolousSuits, Meritorious Suits and the Role of Rule 11," NBER Working Papers 4731, National Bureau of Economic Research, Inc.
    2. Thomas J. Miceli & Kathleen Segerson, 2001. "Should Victims of Exposure to a Toxic Substance Have an Independent Claim for Medical Monitoring?," Working papers 2002-41, University of Connecticut, Department of Economics, revised Jan 2002.
    3. Chulyoung Kim, 2014. "Adversarial and Inquisitorial Procedures with Information Acquisition," The Journal of Law, Economics, and Organization, Oxford University Press, vol. 30(4), pages 767-803.

  55. A. Mitchell Polinsky & Steven Shavell, 1981. "Pigouvian Taxation with Administrative Costs," NBER Working Papers 0742, National Bureau of Economic Research, Inc.

    Cited by:

    1. Rajeev K. Goel & Edward W. T. Hsieh, 2004. "Durable Emissions and Optimal Pigouvian Taxes," Public Finance Review, , vol. 32(4), pages 441-449, July.
    2. Jon Harford, 1998. "Pollution and the firm Robert E. Kohn Edward Elgar, 1998, 251 pp," Atlantic Economic Journal, Springer;International Atlantic Economic Society, vol. 26(3), pages 317-324, September.
    3. A. Mitchell Polinsky & Steven Shavell, 1990. "Enforcement Costs and the Optimal Magnitude and Probability of Fines," NBER Working Papers 3429, National Bureau of Economic Research, Inc.
    4. Daniel Jaqua & Daniel Schaffa, 2022. "The case for subsidizing harm: constrained and costly Pigouvian taxation with multiple externalities," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 29(2), pages 408-442, April.
    5. Chung-Huang Huang, 1996. "Effectiveness of environmental regulations under imperfect enforcement and the firm's avoidance behavior," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 8(2), pages 183-204, September.
    6. Sjak Smulders & Herman R.J. Vollebergh, 1999. "Green Taxes and Administrative Costs: The Case of Carbon Taxation," NBER Working Papers 7298, National Bureau of Economic Research, Inc.
    7. Gilbert Metcalf & David Weisbach, 2008. "The Design of a Carbon Tax," Discussion Papers Series, Department of Economics, Tufts University 0728, Department of Economics, Tufts University.
    8. John Stranlund & Carlos Chávez, 2013. "Who should bear the administrative costs of an emissions tax?," Journal of Regulatory Economics, Springer, vol. 44(1), pages 53-79, August.
    9. Gregmar Galinato & Ryne Rohla, 2018. "Do Privately-Owned Prisons Increase Incarceration Rates?," Working Papers 2018-6, School of Economic Sciences, Washington State University.
    10. Jessica Coria & Jūratė Jaraitė, 2019. "Transaction Costs of Upstream Versus Downstream Pricing of $$\hbox {CO}_{2}$$ CO 2 Emissions," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 72(4), pages 965-1001, April.
    11. Stéphane de Cara & Loïc Henry & Pierre-Alain Jayet, 2018. "Optimal coverage of an emission tax in the presence of monitoring, reporting, and verification costs [Couverture optimale d'une taxe sur les émissions en présence de coût de contrôle, de rapportage et de vérification]," Post-Print hal-01736839, HAL.
    12. Dieter Schmidtchen & Jenny Helstroffer & Christian Koboldt, 2021. "Regulatory failure and the polluter pays principle: why regulatory impact assessment dominates the polluter pays principle," Environmental Economics and Policy Studies, Springer;Society for Environmental Economics and Policy Studies - SEEPS, vol. 23(1), pages 109-144, January.
    13. Sabinne Lee & Kwangho Jung, 2017. "Exploring Effective Incentive Design to Reduce Food Waste: A Natural Experiment of Policy Change from Community Based Charge to RFID Based Weight Charge," Sustainability, MDPI, vol. 9(11), pages 1-17, November.
    14. Kampas, Athanasios, 2001. "Identifying Common Fallacies in the Choice of Environmental Taxes for Agricultural Pollution Control: The Absence of Transaction Costs and the Normality of Agricultural Pollutants," Agricultural Economics Review, Greek Association of Agricultural Economists, vol. 2(2), pages 1-15, August.
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Articles

  1. Steven Shavell, 2002. "Law versus Morality as Regulators of Conduct," American Law and Economics Review, American Law and Economics Association, vol. 4(2), pages 227-257.

    Cited by:

    1. A. Mitchell Polinsky & Steven Shavell, 2005. "The Theory of Public Enforcement of Law," Discussion Papers 05-004, Stanford Institute for Economic Policy Research.
    2. Kangoh Lee, 2017. "Norms and monetary fines as deterrents, and distributive effects," Journal of Economics, Springer, vol. 121(1), pages 1-27, May.
    3. Hongbin Li & Mark Rosenzweig & Junsen Zhang, 2008. "Altruism, Favoritism, and Guilt in the Allocuation of Family Resources: Sophie's Choice in Mao's Mass Send Down Movement," Working Papers 965, Economic Growth Center, Yale University.
    4. A. Mitchell Polinsky & Steven Shavell, 2006. "Public Enforcement of Law," Discussion Papers 05-016, Stanford Institute for Economic Policy Research.
    5. Louis Kaplow & Steven Shavell, 2001. "Moral Rules and the Moral Sentiments: Toward a Theory of an Optimal Moral System," NBER Working Papers 8688, National Bureau of Economic Research, Inc.
    6. Claude Fluet & Tim Friehe, 2024. "Optimal law enforcement when individuals are either moral or norm followers," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 26(1), February.
    7. Roland Benabou & Jean Tirole, 2011. "Laws and Norms," NBER Working Papers 17579, National Bureau of Economic Research, Inc.
    8. Dinah M. Payne & Cecily A. Raiborn, 2018. "Aggressive Tax Avoidance: A Conundrum for Stakeholders, Governments, and Morality," Journal of Business Ethics, Springer, vol. 147(3), pages 469-487, February.
    9. Dorothee Schmidt, 2005. "Morality and Conflicts," Discussion Paper Series of the Max Planck Institute for Behavioral Economics 2005_12, Max Planck Institute for Behavioral Economics.
    10. Lau, M. W., 2011. "The Economic Structure of Trusts: Towards a Property-based Approach," OUP Catalogue, Oxford University Press, number 9780199602407.
    11. Rößler, Christoph & Rusch, Hannes & Friehe, Tim, 2019. "Do norms make preferences social? Supporting evidence from the field," VfS Annual Conference 2019 (Leipzig): 30 Years after the Fall of the Berlin Wall - Democracy and Market Economy 203532, Verein für Socialpolitik / German Economic Association.
    12. Fali Huang & Peter Cappelli, 2006. "Employee Screening : Theory and Evidence," Labor Economics Working Papers 22443, East Asian Bureau of Economic Research.
    13. Feler Bose, 2021. "Policy Innovativeness and Sexual Freedom," Social Science Quarterly, Southwestern Social Science Association, vol. 102(4), pages 1496-1510, July.
    14. Benito Arruñada, 2003. "Specialization and rent-seeking in moral enforcement: The case of confession," Economics Working Papers 653, Department of Economics and Business, Universitat Pompeu Fabra, revised Jul 2009.
    15. Christoph Rössler & Tim Friehe, 2020. "Liability, morality, and image concerns in product accidents with third parties," European Journal of Law and Economics, Springer, vol. 50(2), pages 295-312, October.
    16. Wagner, Jeffrey, 2017. "Humanities as technology in teaching economics," International Review of Economics Education, Elsevier, vol. 25(C), pages 35-40.
    17. Béatrice Boulu-Reshef & Constance Monnier, 2024. "Punitive attitudes toward cartels: evidence from an experimental study," European Journal of Law and Economics, Springer, vol. 58(3), pages 481-516, December.
    18. Robert Innes, 2017. "Lie aversion and self-reporting in optimal law enforcement," Journal of Regulatory Economics, Springer, vol. 52(2), pages 107-131, October.
    19. Miceli, Thomas J. & Mungan, Murat C., 2021. "An economic theory of optimal enactment and enforcement of laws," International Review of Law and Economics, Elsevier, vol. 68(C).
    20. Bruce I. Carlin & Tarik Umar & Hanyi Yi, 2020. "Deputization," NBER Working Papers 27225, National Bureau of Economic Research, Inc.
    21. Steven Shavell, 2012. "When Is Compliance with the Law Socially Desirable?," The Journal of Legal Studies, University of Chicago Press, vol. 41(1), pages 1-36.
    22. Bruno Deffains & Claude Fluet, 2013. "The Role of Social Image Concerns in the Design of Legal Regimes," Cahiers de recherche 1321, CIRPEE.
    23. Florian Baumann & Tim Friehe, 2014. "Regulating harmless activity to fight crime," Journal of Economics, Springer, vol. 113(1), pages 79-95, September.
    24. Anastassios Karayiannis & Aristides Hatzis, 2012. "Morality, social norms and the rule of law as transaction cost-saving devices: the case of ancient Athens," European Journal of Law and Economics, Springer, vol. 33(3), pages 621-643, June.
    25. Gerald J. Pruckner & Rupert Sausgruber, 2009. "Honesty on the Streets: A Natural Field Experiment on Newspaper Purchasing," NRN working papers 2009-24, The Austrian Center for Labor Economics and the Analysis of the Welfare State, Johannes Kepler University Linz, Austria.
    26. Friesen, Lana & Gangadharan, Lata, 2013. "Designing self-reporting regimes to encourage truth telling: An experimental study," Journal of Economic Behavior & Organization, Elsevier, vol. 94(C), pages 90-102.
    27. Benito Arrunada, "undated". "Catholic Confessions of Sin as Third Party Moral Enforcement," Gruter Institute Working Papers on Law, Economics, and Evolutionary Biology 3-1-1013, Berkeley Electronic Press.
    28. Thomas J. Miceli & Murat C. Mungan, 2021. "The limit of law: factors influencing the decision to make harmful acts illegal," Economics of Governance, Springer, vol. 22(3), pages 293-307, September.
    29. Roland Bénabou & Jean Tirole, 2010. "Individual and Corporate Social Responsibility," Economica, London School of Economics and Political Science, vol. 77(305), pages 1-19, January.
    30. Thomas J. Miceli, 2022. "Counting offenders’ gains? Economic and moral considerations in the determination of criminality," European Journal of Law and Economics, Springer, vol. 54(3), pages 475-496, December.
    31. Coşgel, Metin & Miceli, Thomas J., 2018. "The price of redemption: Sin, penance, and marginal deterrence," Journal of Economic Behavior & Organization, Elsevier, vol. 156(C), pages 206-218.
    32. Bruno Deffains & Claude Fluet, 2015. "Social Norms and Legal Design," Cahiers de recherche 1520, CIRPEE.
    33. Erik Kimbrough & Vernon Smith & Bart Wilson, 2006. "Historical Property Rights, Sociality, and the Emergence of Impersonal Exchange in Long-distance Trade," Working Papers 1003, George Mason University, Interdisciplinary Center for Economic Science, revised Oct 2006.
    34. Bruce Ian Carlin & Simon Gervais, 2009. "Work Ethic, Employment Contracts, and Firm Value," Journal of Finance, American Finance Association, vol. 64(2), pages 785-821, April.
    35. Tsuneki Atsushi & Zasu Yoshinobu, 2015. "On the Complementarity between Law and Social Norms," Review of Law & Economics, De Gruyter, vol. 11(3), pages 503-512, November.
    36. Benito Arruñada, 2004. "Protestants and Catholics: Similar work ethic, different social ethic," Economics Working Papers 743, Department of Economics and Business, Universitat Pompeu Fabra, revised Sep 2010.
    37. Huang Fali, 2004. "Social Trust and Economic Governance," Working Papers 14-2004, Singapore Management University, School of Economics.
    38. Xiao, Erte & Houser, Daniel, 2009. "Avoiding the sharp tongue: Anticipated written messages promote fair economic exchange," Journal of Economic Psychology, Elsevier, vol. 30(3), pages 393-404, June.
    39. Daud Vicary Abdullah & Hossein Askari & Abbas Mirakhor, 2015. "The moral foundation of collective action against economic crimes," PSL Quarterly Review, Economia civile, vol. 68(272), pages 9-39.
    40. Gutmann, Jerg & Voigt, Stefan, 2019. "Traditional law in times of the nation state: Why is it so prevalent?," ILE Working Paper Series 29, University of Hamburg, Institute of Law and Economics.
    41. Bhole, Bharat & Wagner, Jeffrey, 2008. "The joint use of regulation and strict liability with multidimensional care and uncertain conviction," International Review of Law and Economics, Elsevier, vol. 28(2), pages 123-132, June.
    42. Constantine Boussalis & Yuval Feldman & Henry E. Smith, 2018. "Experimental analysis of the effect of standards on compliance and performance," Regulation & Governance, John Wiley & Sons, vol. 12(2), pages 277-298, June.
    43. Bénabou, Roland & Tirole, Jean, 2010. "Laws and Norms," TSE Working Papers 25228, Toulouse School of Economics (TSE), revised Oct 2011.

  2. Louis Kaplow & Steven Shavell, 2002. "On the Superiority of Corrective Taxes to Quantity Regulation," American Law and Economics Review, American Law and Economics Association, vol. 4(1), pages 1-17, January.
    See citations under working paper version above.
  3. Shavell, Steven & van Ypersele, Tanguy, 2001. "Rewards versus Intellectual Property Rights," Journal of Law and Economics, University of Chicago Press, vol. 44(2), pages 525-547, October.
    See citations under working paper version above.
  4. Louis Kaplow & Steven Shavell, 2001. "Any Non-welfarist Method of Policy Assessment Violates the Pareto Principle," Journal of Political Economy, University of Chicago Press, vol. 109(2), pages 281-286, April.

    Cited by:

    1. Eric Langlais & Marie Obidzinski, 2013. "Elected vs appointed public law enforcers," Working Papers hal-04141175, HAL.
    2. Harashima, Taiji, 2020. "Rethinking the Ability-to-Pay and Equal Sacrifice Principles of Taxation: An Alternative Rationale for a Progressive Income Tax," MPRA Paper 102937, University Library of Munich, Germany.
    3. Córdoba, Juan Carlos & Liu, Xiying & Ripoll, Marla, 2016. "Fertility, social mobility and long run inequality," Journal of Monetary Economics, Elsevier, vol. 77(C), pages 103-124.
    4. Kristof Bosmans & Z. Emel Öztürk, 2022. "Laissez-faire versus Pareto," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 58(4), pages 741-751, May.
    5. Marcel Boyer & Thomas W. Ross & Ralph A. Winter, 2017. "The rise of economics in competition policy: A Canadian perspective," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 50(5), pages 1489-1524, December.
    6. J. Atsu Amegashie & Bazoumana Ouattara, 2011. "An Empirical Inquiry into the Nature of Welfarism," CESifo Working Paper Series 3318, CESifo.
    7. Louis Kaplow, 2008. "Optimal Policy with Heterogeneous Preferences," NBER Working Papers 14170, National Bureau of Economic Research, Inc.
    8. Susumu Cato, 2011. "Pareto principles, positive responsiveness, and majority decisions," Theory and Decision, Springer, vol. 71(4), pages 503-518, October.
    9. Costa, Carlos Eugênio da & Pereira, Thiago Neves, 2013. "On the efficiency of equal sacrifice income tax schedules," FGV EPGE Economics Working Papers (Ensaios Economicos da EPGE) 741, EPGE Brazilian School of Economics and Finance - FGV EPGE (Brazil).
    10. Derek Doran & Andrew Fox, 2016. "Operationalizing Central Place and Central Flow Theory With Mobile Phone Data," Annals of Data Science, Springer, vol. 3(1), pages 1-24, March.
    11. Kaplow Louis, 2008. "Optimal Policy with Heterogeneous Preferences," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 8(1), pages 1-30, September.
    12. Eric Langlais, 2008. "On the Ambiguous Effects of Repression," EconomiX Working Papers 2008-40, University of Paris Nanterre, EconomiX.
    13. Susumu Cato, 2014. "Common preference, non-consequential features, and collective decision making," Review of Economic Design, Springer;Society for Economic Design, vol. 18(4), pages 265-287, December.
    14. Mariotti, Marco & Veneziani, Roberto, 2013. "On the impossibility of complete Non-Interference in Paretian social judgements," Journal of Economic Theory, Elsevier, vol. 148(4), pages 1689-1699.
    15. Langlais, Eric, 2009. "les criminels aiment-ils le risque ? [Are criminals risk-seeking individulas ?]," MPRA Paper 14892, University Library of Munich, Germany.
    16. Mongin, Philippe, 2019. "Interview of Peter J. Hammond," CRETA Online Discussion Paper Series 50, Centre for Research in Economic Theory and its Applications CRETA.
    17. Homburg, Stefan, 2010. "Allgemeine Steuerlehre: Kapitel 1. Grundbegriffe der Steuerlehre," EconStor Books, ZBW - Leibniz Information Centre for Economics, number 92547.
    18. Matthew Weinzierl, 2017. "A Welfarist Role for Nonwelfarist Rules: An example with envy," NBER Working Papers 23587, National Bureau of Economic Research, Inc.
    19. David Canning, 2007. "Valuing Lives Equally and Welfare Economics," PGDA Working Papers 2707, Program on the Global Demography of Aging.
    20. Moreno-Ternero, Juan D. & Østerdal, Lars Peter, 2024. "Setting Limits for the Principle of Equal Entitlement to Continued Life," Working Papers 18-2024, Copenhagen Business School, Department of Economics.
    21. Vipul Bhatt & Masao Ogaki & Yuichi Yaguchi, 2017. "Introducing Virtue Ethics into Normative Economics for Models with Endogenous Preferences," RCER Working Papers 600, University of Rochester - Center for Economic Research (RCER).
    22. Louis Kaplow & David Weisbach, 2011. "Discount rates, social judgments, individuals’ risk preferences, and uncertainty," Journal of Risk and Uncertainty, Springer, vol. 42(2), pages 125-143, April.
    23. Mariotti, Marco & Veneziani, Roberto, 2012. "Allocating chances of success in finite and infinite societies: The utilitarian criterion," Journal of Mathematical Economics, Elsevier, vol. 48(4), pages 226-236.
    24. David Canning, 2009. "Axiomatic Foundations of Cost Effectiveness Analysis," PGDA Working Papers 5109, Program on the Global Demography of Aging.
    25. Thor O. Thoresen & Zhiyang Jia & Peter J. Lambert, 2013. "Distributional benchmarking in tax policy evaluations," Discussion Papers 765, Statistics Norway, Research Department.
    26. Jeffrey Wagner & Luiz Freitas, 2007. "Capturing moral economic context," Economics Bulletin, AccessEcon, vol. 4(14), pages 1-10.
    27. Ralph A. Winter, 2009. "Presidential Address: Antitrust restrictions on single‐firm strategies," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 42(4), pages 1207-1239, November.
    28. Mingli Zheng & Sajid Anwar, 2005. "Rational Legal Decision-Making, Value Judgment, and Efficient Precaution in Tort Law," Journal of Institutional and Theoretical Economics (JITE), Mohr Siebeck, Tübingen, vol. 161(3), pages 411-427, September.
    29. Kaplow Louis & Moyer Elisabeth & Weisbach David A, 2010. "The Social Evaluation of Intergenerational Policies and Its Application to Integrated Assessment Models of Climate Change," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 10(2), pages 1-34, November.
    30. Marco Mariotti & Roberto Veneziani, 2014. "The Liberal Ethics of Non-Interference and the Pareto Principle," UMASS Amherst Economics Working Papers 2014-01, University of Massachusetts Amherst, Department of Economics.
    31. Aronsson, Thomas & Johansson-Stenman, Olof & Wendner, Ronald, 2021. "Charity, Status, and Optimal Taxation: Welfarist and Non-Welfarist Approaches," Umeå Economic Studies 990, Umeå University, Department of Economics.
    32. Itai Sher, 2021. "Generalized Social Marginal Welfare Weights Imply Inconsistent Comparisons of Tax Policies," Working Papers 2021-009, Human Capital and Economic Opportunity Working Group.
    33. Susumu Cato & Adrien Lutz, 2018. "Kenneth Arrow, moral obligations, and public policies," Working Papers halshs-01973898, HAL.
    34. John A. Weymark, 2017. "Conundrums for nonconsequentialists," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 48(2), pages 269-294, February.
    35. Jordahl, Henrik & Micheletto, Luca, 2002. "Optimal Utilitarian Taxation and Horizontal Equity," Working Paper Series 2002:19, Uppsala University, Department of Economics.
    36. D’Antoni, Massimo & Galbiati, Roberto, 2007. "A signaling theory of nonmonetary sanctions," International Review of Law and Economics, Elsevier, vol. 27(2), pages 204-218.
    37. David Madden & Michael Savage, 2020. "Which households matter most? Capturing equity considerations in tax reform via generalised social marginal welfare weights," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 27(1), pages 153-193, February.
    38. Matthew Weinzierl, 2014. "Revisiting the Classical View of Benefit-Based Taxation," NBER Working Papers 20735, National Bureau of Economic Research, Inc.
    39. Brouwer, Werner B.F. & Culyer, Anthony J. & van Exel, N. Job A. & Rutten, Frans F.H., 2008. "Welfarism vs. extra-welfarism," Journal of Health Economics, Elsevier, vol. 27(2), pages 325-338, March.
    40. Woo, Wai Chiu, 2018. "Kaplow–Shavell welfarism without continuity," Mathematical Social Sciences, Elsevier, vol. 96(C), pages 92-96.
    41. Weinzierl, Matthew, 2014. "The promise of positive optimal taxation: normative diversity and a role for equal sacrifice," Journal of Public Economics, Elsevier, vol. 118(C), pages 128-142.
    42. Richardson, Jeff & McKie, John, 2007. "Economic evaluation of services for a National Health Scheme: The case for a fairness-based framework," Journal of Health Economics, Elsevier, vol. 26(4), pages 785-799, July.
    43. Éric Langlais & Marie Obidzinski, 2014. "The structure of fi nes in the light of political competition," EconomiX Working Papers 2014-59, University of Paris Nanterre, EconomiX.
    44. Cato, Susumu, 2023. "When is weak Pareto equivalent to strong Pareto?," Economics Letters, Elsevier, vol. 222(C).
    45. Gustav Alexandrie, 2023. "Two impossibility results for social choice under individual indifference intransitivity," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 61(4), pages 919-936, November.
    46. Garoupa, Nuno & Stephen, Frank, 2003. "A Note on Optimal Law Enforcement with Legal Aid," CEPR Discussion Papers 4113, C.E.P.R. Discussion Papers.
    47. Bertil Tungodden, 2004. "Some Reflections on the Role of Moral Reasoning in Economics," Nordic Journal of Political Economy, Nordic Journal of Political Economy, vol. 30, pages 49-59.
    48. Zhiyong An, 2024. "A note on welfarist versus non-welfarist social welfare function," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 31(4), pages 1066-1073, August.
    49. Chen, Daniel L. & Schonger, Martin, 2016. "Social preferences or sacred values? Theroy and evidence of deontological motivations," IAST Working Papers 16-59, Institute for Advanced Study in Toulouse (IAST).
    50. Alessandro Petretto, 2014. "On the Theoretical Background of Cosciani?s Tax Reform," ECONOMIA PUBBLICA, FrancoAngeli Editore, vol. 2014(3), pages 59-79.
    51. A. Mitchell Polinsky & Steven Shavell, 2005. "Economic Analysis of Law," Discussion Papers 05-005, Stanford Institute for Economic Policy Research.
    52. Claudia M. Landeo & Maxim Nikitin, 2015. "Financially-Constrained Lawyers," Working Papers 52, Peruvian Economic Association.
    53. Lars Østerdal, 2009. "The lack of theoretical support for using person trade-offs in QALY-type models," The European Journal of Health Economics, Springer;Deutsche Gesellschaft für Gesundheitsökonomie (DGGÖ), vol. 10(4), pages 429-436, October.
    54. Johansson-Stenman, Olof, 2006. "Cost Benefit Rules when Nature Counts," Working Papers in Economics 198, University of Gothenburg, Department of Economics, revised 09 May 2006.
    55. Safarzyńska, Karolina, 2013. "Evolutionary-economic policies for sustainable consumption," Ecological Economics, Elsevier, vol. 90(C), pages 187-195.
    56. Gabay, Daniel & Grasselli, Martino, 2012. "Fair demographic risk sharing in defined contribution pension systems," Journal of Economic Dynamics and Control, Elsevier, vol. 36(4), pages 657-669.
    57. Celik, Gorkem & Sayan, Serdar, 2005. "To Give In or Not To Give In To Bribery? Setting the Optimal Fines for Violations of Rules when the Enforcers are Likely to Ask for Bribes," Microeconomics.ca working papers celik-05-08-03-12-50-26, Vancouver School of Economics, revised 06 Aug 2008.
    58. Rachel J. Huang & Arthur Snow & Larry Y. Tzeng, 2017. "Advantageous Selection in Insurance Markets with Compound Risk," The Geneva Risk and Insurance Review, Palgrave Macmillan;International Association for the Study of Insurance Economics (The Geneva Association), vol. 42(2), pages 171-192, September.
    59. Bartling, Björn & Cappelen, Alexander W. & Hermes, Henning & Skivenes, Marit & Tungodden, Bertil, 2023. "Free to Fail? Paternalistic Preferences in the United States," Discussion Paper Series in Economics 9/2023, Norwegian School of Economics, Department of Economics.
    60. Louis Kaplow, 2024. "Optimal Income Taxation," Journal of Economic Literature, American Economic Association, vol. 62(2), pages 637-738, June.
    61. Steven Shavell, 2005. "Liability for Accidents," NBER Working Papers 11781, National Bureau of Economic Research, Inc.
    62. Philippe Choné & Guy Laroque, 2006. "Should Low Skilled Work be Subsidized ?," Working Papers 2006-08, Center for Research in Economics and Statistics.
    63. Louis Kaplow, 2003. "Concavity of Utility, Concavity of Welfare, and Redistribution of Income," NBER Working Papers 10005, National Bureau of Economic Research, Inc.
    64. Fleurbaey, Marc & Maniquet, François, 2015. "Optimal taxation theory and principles of fairness," LIDAM Discussion Papers CORE 2015005, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    65. Durlauf,S.N., 2005. "Assessing racial profiling," Working papers 2, Wisconsin Madison - Social Systems.
    66. Louis Kaplow, 2020. "A Unified Perspective on Efficiency, Redistribution, and Public Policy," NBER Working Papers 26683, National Bureau of Economic Research, Inc.
    67. Koen Decancq & Marc Fleurbaey & Erik Schokkaert, 2015. "Happiness, Equivalent Incomes and Respect for Individual Preferences," Economica, London School of Economics and Political Science, vol. 82, pages 1082-1106, December.
    68. Louis Kaplow & Steven Shavell, 2003. "Fairness Versus Welfare: Notes on the Pareto Principle, Preferences, and Distributive Justice," NBER Working Papers 9622, National Bureau of Economic Research, Inc.
    69. Matthew C. Weinzierl, 2012. "Why do we Redistribute so Much but Tag so Little? The principle of equal sacrifice and optimal taxation," NBER Working Papers 18045, National Bureau of Economic Research, Inc.
    70. Itai Sher, 2021. "Generalized Social Marginal Welfare Weights Imply Inconsistent Comparisons of Tax Policies," Papers 2102.07702, arXiv.org, revised Jun 2024.
    71. Creedy, John & Hérault, Nicolas, 2012. "Decomposing Inequality and Social Welfare Changes: The Use of Alternative Welfare Metrics," Working Paper Series 18714, Victoria University of Wellington, Chair in Public Finance.
    72. Aaron Nicholas & Birendra Rai, 2019. "Are Efficient Bargaining Power Disparities Unfair? An Experimental Test," Monash Economics Working Papers 02-19, Monash University, Department of Economics.
    73. Nikolai Hoberg & Stefan Baumgärtner, 2014. "Value pluralism, trade-offs and efficiencies," Working Paper Series in Economics 311, University of Lüneburg, Institute of Economics.
    74. Osterdal, Lars Peter, 2005. "Axioms for health care resource allocation," Journal of Health Economics, Elsevier, vol. 24(4), pages 679-702, July.
    75. Eduardo Davila & Andreas Schaab, 2024. "Welfare Accounting," Cowles Foundation Discussion Papers 2412, Cowles Foundation for Research in Economics, Yale University.
    76. Lombardi, Michele & Miyagishima, Kaname & Veneziani, Roberto, 2013. "Liberal Egalitarianism and the Harm Principle," MPRA Paper 48458, University Library of Munich, Germany.
    77. Marc Fleurbaey & Bertil Tungodden & Howard F. Chang, 2003. "Any Non-welfarist Method of Policy Assessment Violates the Pareto Principle: A Comment," Journal of Political Economy, University of Chicago Press, vol. 111(6), pages 1382-1386, December.
    78. Itai Sher, 2020. "How perspective-based aggregation undermines the Pareto principle," Politics, Philosophy & Economics, , vol. 19(2), pages 182-205, May.
    79. Hoberg, Nikolai & Strunz, Sebastian, 2018. "When Individual Preferences Defy Sustainability — Can Merit Good Arguments Close the Gap?," Ecological Economics, Elsevier, vol. 143(C), pages 286-293.
    80. Sergi Barcons & Eduardo D‡vila & Andreas Schaab, 2025. "Intergenerational Welfare Assessments," Cowles Foundation Discussion Papers 2427, Cowles Foundation for Research in Economics, Yale University.
    81. Kristof Bosmans & Z. Emel Ozt ̈urk, 2015. "Laissez-faire versus Pareto," Working Papers 2015_21, Business School - Economics, University of Glasgow.
    82. Glenn Sheriff & Kelly B. Maguire, 2020. "Health Risk, Inequality Indexes, and Environmental Justice," Risk Analysis, John Wiley & Sons, vol. 40(12), pages 2661-2674, December.
    83. Louis Kaplow, 2022. "Optimal Income Taxation," NBER Working Papers 30199, National Bureau of Economic Research, Inc.
    84. Eric Budish, 2011. "The Combinatorial Assignment Problem: Approximate Competitive Equilibrium from Equal Incomes," Journal of Political Economy, University of Chicago Press, vol. 119(6), pages 1061-1103.
    85. Erlend Bø & Peter Lambert & Thor Thoresen, 2012. "Horizontal inequity under a dual income tax system: principles and measurement," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 19(5), pages 625-640, October.
    86. Erin T. Mansur & Glenn Sheriff, 2019. "Do Pollution Markets Harm Low Income and Minority Communities? Ranking Emissions Distributions Generated by California's RECLAIM Program," NBER Working Papers 25666, National Bureau of Economic Research, Inc.
    87. Emmanuel Saez & Stefanie Stantcheva, 2013. "Generalized Social Marginal Welfare Weights for Optimal Tax Theory," NBER Working Papers 18835, National Bureau of Economic Research, Inc.
    88. Louis Kaplow, 2006. "Discounting Dollars, Discounting Lives: Intergenerational Distributive Justice and Efficiency," NBER Working Papers 12239, National Bureau of Economic Research, Inc.

  5. Steven Shavell & A. Mitchell Polinsky, 2000. "The Economic Theory of Public Enforcement of Law," Journal of Economic Literature, American Economic Association, vol. 38(1), pages 45-76, March.
    See citations under working paper version above.
  6. Kaplow, Louis & Shavell, Steven, 2000. "Should Legal Rules Favor the Poor? Clarifying the Role of Legal Rules and the Income Tax in Redistributing Income," The Journal of Legal Studies, University of Chicago Press, vol. 29(2), pages 821-835, June.

    Cited by:

    1. Giuseppe Dari-Mattiacci & Eric Langlais, 2008. "Social Wealth and Optimal Care," EconomiX Working Papers 2008-34, University of Paris Nanterre, EconomiX.
    2. Ganuza Juan-Jose & Gomez Fernando, 2006. "Caution, Children Crossing: Heterogeneity of Victim's Cost of Care and the Negligence Rule," Review of Law & Economics, De Gruyter, vol. 1(3), pages 365-397, January.
    3. Hackney, James Jr., 2003. "Law and neoclassical economics theory: a critical history of the distribution/efficiency debate," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 32(4), pages 361-390, September.
    4. Langlais, Eric, 2005. "Indemnisation des préjudices et fréquence des procès en présence d'une asymétrie d'informaion sur l'aversion au risque des parties [Compensation of damages and frequency of trials with asymmetric information on preferences of litigant parties]," MPRA Paper 1150, University Library of Munich, Germany, revised 06 Nov 2006.
    5. Blumkin, Tomer & Margalioth, Yoram & Sadka, Efraim, 2007. "Anti-discrimination rules versus income taxation in the pursuit of horizontal equity," Journal of Public Economics, Elsevier, vol. 91(5-6), pages 1167-1176, June.
    6. Garoupa, Nuno & Stephen, Frank, 2003. "A Note on Optimal Law Enforcement with Legal Aid," CEPR Discussion Papers 4113, C.E.P.R. Discussion Papers.
    7. Matthew Adler & Eric A. Posner, 2008. "Happiness Research and Cost-Benefit Analysis," The Journal of Legal Studies, University of Chicago Press, vol. 37(S2), pages 253-292, June.
    8. Langlais, Eric, 2010. "Safety and the Allocation of Costs in Large Accidents," MPRA Paper 25710, University Library of Munich, Germany.
    9. Riza Limor, 2019. "Rawls, Taxation and Calabresi & Melamed’s Rules," Review of Law & Economics, De Gruyter, vol. 15(3), pages 1-26, November.
    10. Aronsson, Thomas & Johansson-Stenman, Olof, 2011. "Animal Welfare and Social Decisions," Working Papers in Economics 485, University of Gothenburg, Department of Economics.

  7. Kaplow, Louis & Shavell, Steven, 1999. "The Conflict between Notions of Fairness and the Pareto Principle," American Law and Economics Review, American Law and Economics Association, vol. 1(1-2), pages 63-77, Fall.

    Cited by:

    1. Stefan Mann, 2007. "Comparing Interpersonal Comparisons in Utility Theory and Happiness Research," Forum for Social Economics, Taylor & Francis Journals, vol. 36(1), pages 29-42, January.
    2. Richard Craswell, 2003. "Kaplow and Shavell on the Substance of Fairness," The Journal of Legal Studies, University of Chicago Press, vol. 32(1), pages 245-275, January.
    3. Nuno Garoupa & Hugh Gravelle, 2003. "Efficient Deterrence does not Require that the Wealthy should be Able to Buy Justice," Journal of Institutional and Theoretical Economics (JITE), Mohr Siebeck, Tübingen, vol. 159(3), pages 545-552, September.
    4. Dai, Chifeng, 2009. "The appeals process in principal-agent relationships," Journal of Economic Behavior & Organization, Elsevier, vol. 71(2), pages 451-462, August.
    5. Zhijun Zhao, 2011. "Preference Relativity, Ambiguity and Social Welfare Evaluation," Working Papers 352011, Hong Kong Institute for Monetary Research.
    6. Dominique Demougin & Claude Fluet, 2004. "Deterrence vs Judicial Error: a Comparative View of Standards of Proof," Cahiers de recherche 0418, CIRPEE.
    7. Garoupa, Nuno & Stephen, Frank, 2003. "A Note on Optimal Law Enforcement with Legal Aid," CEPR Discussion Papers 4113, C.E.P.R. Discussion Papers.
    8. Louis Kaplow & Steven Shavell, 2003. "Fairness Versus Welfare: Notes on the Pareto Principle, Preferences, and Distributive Justice," NBER Working Papers 9622, National Bureau of Economic Research, Inc.
    9. Louis Kaplow, 2006. "Discounting Dollars, Discounting Lives: Intergenerational Distributive Justice and Efficiency," NBER Working Papers 12239, National Bureau of Economic Research, Inc.

  8. Polinsky, A Mitchell & Shavell, Steven, 1999. "On the Disutility and Discounting of Imprisonment and the Theory of Deterrence," The Journal of Legal Studies, University of Chicago Press, vol. 28(1), pages 1-16, January.
    See citations under working paper version above.
  9. Shavell, Steven, 1997. "The Fundamental Divergence between the Private and the Social Motive to Use the Legal System," The Journal of Legal Studies, University of Chicago Press, vol. 26(2), pages 575-612, June.

    Cited by:

    1. A. Mitchell Polinsky & Steven Shavell, 2005. "The Theory of Public Enforcement of Law," Discussion Papers 05-004, Stanford Institute for Economic Policy Research.
    2. Duke, Joshua M. & Jost, Ryan P., 2000. "The Mediation Of Variance Conflicts: An Empirical Evaluation," Staff Papers 15833, University of Delaware, Department of Food and Resource Economics.
    3. Giuseppe Dari-Mattiacci & Bruno Deffains, 2006. "Uncertainty of Law and the Legal Process," Working Papers of BETA 2006-11, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.
    4. A. Mitchell Polinsky & Steven Shavell, 2012. "Costly Litigation and Optimal Damages," Discussion Papers 12-005, Stanford Institute for Economic Policy Research.
    5. Benito Arruñada, 2017. "How to make land titling more rational," Economics Working Papers 1575, Department of Economics and Business, Universitat Pompeu Fabra, revised Jan 2018.
    6. Aldo González & Alejandro Micco, 2013. "Private vs Public Antitrust Enforcement: Evidence from Chile," Working Papers wp378, University of Chile, Department of Economics.
    7. Ingo Vogelsang & Nishal Ramphal & Stephen Carroll & Nicholas Pace, 2007. "An economic analysis of consumer class actions in regulated industries," Journal of Regulatory Economics, Springer, vol. 32(1), pages 87-104, August.
    8. A. Mitchell Polinsky & Steven Shavell, 2006. "Public Enforcement of Law," Discussion Papers 05-016, Stanford Institute for Economic Policy Research.
    9. Bar-Gill Oren, 2005. "Pricing Legal Options: A Behavioral Perspective," Review of Law & Economics, De Gruyter, vol. 1(2), pages 204-240, September.
    10. Claude Fluet & Roberto Galbiati, 2015. "Lois et normes: les enseignements de l'économie comportementale," Cahiers de recherche 1510, CIRPEE.
    11. Carbonara Emanuela & Parisi Francesco & von Wangenheim Georg, 2015. "Rent-Seeking and Litigation: The Hidden Virtues of Limited Fee Shifting," Review of Law & Economics, De Gruyter, vol. 11(2), pages 113-148, July.
    12. Doménech-Pascual, Gabriel & Martínez-Matute, Marta & Mora-Sanguinetti, Juan S., 2021. "Do fee-shifting rules affect plaintiffs’ win rates? A theoretical and empirical analysis," International Review of Law and Economics, Elsevier, vol. 65(C).
    13. Charles M. Cameron & Lewis A. Kornhauser, 2005. "Decision Rules in a Judicial Hierarchy," Journal of Institutional and Theoretical Economics (JITE), Mohr Siebeck, Tübingen, vol. 161(2), pages 264-292, June.
    14. Juan S. Mora-Sanguinetti & Marta Martínez-Matute, 2019. "An economic analysis of court fees: evidence from the Spanish civil jurisdiction," European Journal of Law and Economics, Springer, vol. 47(3), pages 321-359, June.
    15. Aldo, González & Alejandro, Micco & Constanza, Caicha, 2013. "El impacto de la persecución pública en los juicios de libre competencia en Chile," Estudios Públicos, Centro de Estudios Públicos, vol. 0(132), pages 39-69.
    16. McAfee, R. Preston & Mialon, Hugo M. & Mialon, Sue H., 2008. "Private v. public antitrust enforcement: A strategic analysis," Journal of Public Economics, Elsevier, vol. 92(10-11), pages 1863-1875, October.
    17. Barbara Luppi & Francesco Parisi, 2012. "Litigation and legal evolution: does procedure matter?," Public Choice, Springer, vol. 152(1), pages 181-201, July.
    18. Giorgio Rampa & Margherita Saraceno, 2018. "Accuracy and Costs of Dispute Resolution with Heterogeneous Consumers. A Conjectural Approach to Mass Litigation," DEM Working Papers Series 155, University of Pavia, Department of Economics and Management.
    19. Guerra Alice & Luppi Barbara & Parisi Francesco, 2019. "Standards of Proof and Civil Litigation: A Game-Theoretic Analysis," The B.E. Journal of Theoretical Economics, De Gruyter, vol. 19(1), pages 1-19, January.
    20. Thomas J. Miceli, 2008. "The Social versus Private Incentive to Sue," Working papers 2008-12, University of Connecticut, Department of Economics.
    21. Benito Arruñada, 2001. "Property enforcement as organized consent," Economics Working Papers 564, Department of Economics and Business, Universitat Pompeu Fabra.
    22. Miceli, Thomas J., 1999. "Settlement delay as a sorting device," International Review of Law and Economics, Elsevier, vol. 19(2), pages 265-274, June.
    23. Kathryn Spier & Xinyu Hua, "undated". "Information and Externalities in Sequential Litigation," American Law & Economics Association Annual Meetings 1081, American Law & Economics Association.
    24. Ben Chen & José A. Rodrigues-Neto, 2023. "The interaction of emotions and cost-shifting rules in civil litigation," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 75(3), pages 841-885, April.
    25. Margherita Saraceno, 2018. "Justice: Greater Access, Lower Costs," Italian Economic Journal: A Continuation of Rivista Italiana degli Economisti and Giornale degli Economisti, Springer;Società Italiana degli Economisti (Italian Economic Association), vol. 4(2), pages 283-312, July.
    26. Thomas J. Miceli, 2008. "Legal Change and the Social Value of Lawsuits," Working papers 2008-34, University of Connecticut, Department of Economics.
    27. Arrunada, Benito & Garoupa, Nuno, 2005. "The Choice of Titling System in Land," Journal of Law and Economics, University of Chicago Press, vol. 48(2), pages 709-727, October.
    28. Claudio Calcagno, 2012. "Stand-alone private antitrust damages: (how) should competition authorities react?," European Journal of Law and Economics, Springer, vol. 34(2), pages 365-389, October.
    29. Polinsky, A. Mitchell & Rubinfeld, Daniel L., 2001. "Aligning the Interests of Lawyers and Clients," Berkeley Olin Program in Law & Economics, Working Paper Series qt2kz8r3j1, Berkeley Olin Program in Law & Economics.
    30. Spagnolo, Giancarlo & Buccirossi, Paolo & Marvao, Catarina, 2015. "Leniency and Damages," CEPR Discussion Papers 10682, C.E.P.R. Discussion Papers.
    31. Ayouni, Mehdi & Friehe, Tim & Gabuthy, Yannick, 2020. "Opting for the English rule: On the contractual re-allocation of legal fees," International Review of Law and Economics, Elsevier, vol. 63(C).
    32. Mark Koyama, 2012. "Prosecution Associations in Industrial Revolution England: Private Providers of Public Goods?," The Journal of Legal Studies, University of Chicago Press, vol. 41(1), pages 95-130.
    33. Christian Langpap, 2007. "Pollution abatement with limited enforcement power and citizen suits," Journal of Regulatory Economics, Springer, vol. 31(1), pages 57-81, February.
    34. Spier, Kathryn E., 2001. "The Use of “Most-Favored-Nation” Clauses in Settlement of Litigation," Berkeley Olin Program in Law & Economics, Working Paper Series qt7hm4d39g, Berkeley Olin Program in Law & Economics.
    35. Joshua M. Duke & Ryan P. Jost, 2003. "Promoting Mediation in Property Rights Conflicts," Land Economics, University of Wisconsin Press, vol. 79(1), pages 29-37.
    36. Franziska Weber, 2015. "Is ADR the Superior Mechanism for Consumer Contractual Disputes?—an Assessment of the Incentivizing Effects of the ADR Directive," Journal of Consumer Policy, Springer, vol. 38(3), pages 265-285, September.
    37. Giorgio Rampa & Margherita Saraceno, 2023. "Conjectures and underpricing in repeated mass disputes with heterogeneous plaintiffs," Journal of Economics, Springer, vol. 139(1), pages 1-32, June.
    38. At, Christian & Gabuthy, Yannick, 2015. "Moral hazard and agency relationship in sequential litigation," International Review of Law and Economics, Elsevier, vol. 41(C), pages 86-90.
    39. A. Mitchell Polinsky & Steven Shavell, 2005. "Economic Analysis of Law," Discussion Papers 05-005, Stanford Institute for Economic Policy Research.
    40. Christian Langpap, 2008. "Self-Reporting and Private Enforcement in Environmental Regulation," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 40(4), pages 489-506, August.
    41. Steven Shavell, 2005. "Liability for Accidents," NBER Working Papers 11781, National Bureau of Economic Research, Inc.
    42. Shapira, Roy & Zingales, Luigi, 2017. "Is Pollution Value-Maximizing? The DuPont Case," Working Papers 268, The University of Chicago Booth School of Business, George J. Stigler Center for the Study of the Economy and the State.
    43. Ben Chen & José A. Rodrigues-Neto, 2017. "Cost Shifting in Civil Litigation: A General Theory," ANU Working Papers in Economics and Econometrics 2017-651, Australian National University, College of Business and Economics, School of Economics.
    44. Kai Huschelrath & Sebastian Peyer, 2013. "Public and Private Enforcement of Competition Law A Differentiated Approach," Working Paper series, University of East Anglia, Centre for Competition Policy (CCP) 2013-05, Centre for Competition Policy, University of East Anglia, Norwich, UK..
    45. Hüschelrath, Kai & Peyer, Sebastian, 2013. "Public and private enforcement of competition law: A differentiated approach," ZEW Discussion Papers 13-029, ZEW - Leibniz Centre for European Economic Research.
    46. Shavell, Steven, 1999. "The level of litigation: private versus social optimality of suit and of settlement," International Review of Law and Economics, Elsevier, vol. 19(1), pages 99-115, March.
    47. Álvaro Bustos, 2020. "How Does Court Stability Affect Legal Stability?," Documentos de Trabajo 535, Instituto de Economia. Pontificia Universidad Católica de Chile..
    48. Tim Reuter, 2012. "Private antitrust enforcement revisited: The role of private incentives to report evidence to the antitrust authority," Working Paper Series of the Department of Economics, University of Konstanz 2012-04, Department of Economics, University of Konstanz.
    49. Roy Shapira & Luigi Zingales, 2017. "Is Pollution Value-Maximizing? The DuPont Case," NBER Working Papers 23866, National Bureau of Economic Research, Inc.
    50. A. Mitchell Polinsky & Steven Shavell, 1999. "The Economic Theory of Public Enforcement of Law," NBER Working Papers 6993, National Bureau of Economic Research, Inc.
    51. Ben Chen & Jose A. Rodrigues Neto, 2017. "Emotions in Civil Litigation," ANU Working Papers in Economics and Econometrics 2017-653, Australian National University, College of Business and Economics, School of Economics.
    52. Daniel L. Chen, 2015. "Can markets stimulate rights? On the alienability of legal claims," RAND Journal of Economics, RAND Corporation, vol. 46(1), pages 23-65, March.
    53. Edward Stringham & Todd Zywicki, 2011. "Rivalry and superior dispatch: an analysis of competing courts in medieval and early modern England," Public Choice, Springer, vol. 147(3), pages 497-524, June.
    54. Winand Emons & Nuno Garoupa, 2004. "The Economics of US-style Contingent Fees and UK-style Conditional Fees," Diskussionsschriften dp0407, Universitaet Bern, Departement Volkswirtschaft.
    55. van Velthoven, Ben & van Wijck, Peter, 2001. "Legal cost insurance and social welfare," Economics Letters, Elsevier, vol. 72(3), pages 387-396, September.
    56. Hans-Bernd Schaefer, 2000. "The Bundling of Similar Interests in Litigation. The Incentives for Class Action and Legal Actions taken by Associations," European Journal of Law and Economics, Springer, vol. 9(3), pages 183-213, May.
    57. Andreea Cosnita-Langlais & Jean-Philippe Tropeano, 2018. "How procedures shape substance: institutional design and antitrust evidentiary standards," European Journal of Law and Economics, Springer, vol. 46(1), pages 143-164, August.
    58. Che, Yeon-Koo & Spier, Kathryn, 2007. "Exploiting Plaintiffs Through Settlement: Divide and Conquer," MPRA Paper 6104, University Library of Munich, Germany.

  10. Shavell, Steven, 1996. "Any Frequency of Plaintiff Victory at Trial Is Possible," The Journal of Legal Studies, University of Chicago Press, vol. 25(2), pages 493-501, June.

    Cited by:

    1. Bertrand Chopard & Thomas Cortade & Eric Langlais, 2008. "Trial and settlement negotiations between asymmetrically skilled parties," EconomiX Working Papers 2008-32, University of Paris Nanterre, EconomiX.
    2. Michael Heise, 2013. "Empirical Analysis of Civil Litigation: Torts Trials in State Courts," Chapters, in: Jennifer H. Arlen (ed.), Research Handbook on the Economics of Torts, chapter 1, pages 11-30, Edward Elgar Publishing.
    3. Magnus Söderberg, 2008. "Uncertainty and regulatory outcome in the Swedish electricity distribution sector," European Journal of Law and Economics, Springer, vol. 25(1), pages 79-94, February.
    4. Lee, Yoon-Ho Alex & Klerman, Daniel, 2016. "The Priest-Klein hypotheses: Proofs and generality," International Review of Law and Economics, Elsevier, vol. 48(C), pages 59-76.
    5. Waldfogel, Joel, 1998. "Reconciling Asymmetric Information and Divergent Expectations Theories of Litigation," Journal of Law and Economics, University of Chicago Press, vol. 41(2), pages 451-476, October.
    6. Issa Kohler‐Hausmann, 2011. "Community Characteristics and Tort Law: The Importance of County Demographic Composition and Inequality to Tort Trial Outcomes," Journal of Empirical Legal Studies, John Wiley & Sons, vol. 8(2), pages 413-447, June.
    7. Holger Sieg, 2000. "Estimating a Bargaining Model with Asymmetric Information: Evidence from Medical Malpractice Disputes," Journal of Political Economy, University of Chicago Press, vol. 108(5), pages 1006-1021, October.
    8. Christopher A. Whytock, 2022. "Transnational Litigation in U.S. Courts: A Theoretical and Empirical Reassessment," Journal of Empirical Legal Studies, John Wiley & Sons, vol. 19(1), pages 4-59, March.
    9. Laura Beth Nielsen & Robert L. Nelson & Ryon Lancaster, 2010. "Individual Justice or Collective Legal Mobilization? Employment Discrimination Litigation in the Post Civil Rights United States," Journal of Empirical Legal Studies, John Wiley & Sons, vol. 7(2), pages 175-201, June.
    10. Miceli, Thomas J., 2010. "Legal change and the social value of lawsuits," International Review of Law and Economics, Elsevier, vol. 30(3), pages 203-208, September.
    11. Thomas J. Miceli, 2009. "Legal Change: Selective Litigation, Judicial Bias, and Precedent," The Journal of Legal Studies, University of Chicago Press, vol. 38(1), pages 157-168, January.
    12. Amy Fanner & Paul Pecorino, 2005. "Dispute Rates and Contingency Fees: An Analysis from the Signaling Model," Southern Economic Journal, John Wiley & Sons, vol. 71(3), pages 566-581, January.
    13. Keith N. Hylton & Haizhen Lin, 2009. "Trial Selection Theory: A Unified Model," Working Papers 2009-06, Indiana University, Kelley School of Business, Department of Business Economics and Public Policy.
    14. Timur Kuran & Scott Lustig, 2012. "Judicial Biases in Ottoman Istanbul: Islamic Justice and Its Compatibility with Modern Economic Life," Journal of Law and Economics, University of Chicago Press, vol. 55(3), pages 631-666.
    15. Theodore Eisenberg & Michael Heise, 2009. "Plaintiphobia in State Courts? An Empirical Study of State Court Trials on Appeal," The Journal of Legal Studies, University of Chicago Press, vol. 38(1), pages 121-155, January.
    16. Daniel P. Kessler & Daniel L. Rubinfeld, 2004. "Empirical Study of the Civil Justice System," NBER Working Papers 10825, National Bureau of Economic Research, Inc.
    17. Sasha Romanosky & David Hoffman & Alessandro Acquisti, 2014. "Empirical Analysis of Data Breach Litigation," Journal of Empirical Legal Studies, John Wiley & Sons, vol. 11(1), pages 74-104, March.
    18. Dari-Mattiacci, Giuseppe & Deffains, Bruno & Lovat, Bruno, 2011. "The dynamics of the legal system," Journal of Economic Behavior & Organization, Elsevier, vol. 79(1-2), pages 95-107, June.
    19. Shleifer, Andrei & Niblett, Anthony & Posner, Richard A., 2010. "The Evolution of a Legal Rule," Scholarly Articles 8687032, Harvard University Department of Economics.
    20. Daniel Friedman & Donald Wittman, 2003. "Litigation with Symmetric Bargaining and Two-Sided Incomplete Information," CESifo Working Paper Series 1001, CESifo.
    21. Utpal Bhattacharya & Neal Galpin & Bruce Haslem, 2007. "The Home Court Advantage in International Corporate Litigation," Journal of Law and Economics, University of Chicago Press, vol. 50(4), pages 625-660.
    22. Poitras, Marc & Frasca, Ralph, 2011. "A unified model of settlement and trial expenditures: The PriestâKlein model extended," International Review of Law and Economics, Elsevier, vol. 31(3), pages 188-195, September.
    23. Álvaro Bustos & Pablo Bravo-Hurtado & Antonio Aninat, 2020. "The (Other) Effects of Restricting Access to Higher Courts: The Case of Wrongful Terminations in Labor Contracts in Chile," Documentos de Trabajo 534, Instituto de Economia. Pontificia Universidad Católica de Chile..
    24. Yang, Erya, 2020. "Optimism and pessimism in bargaining and contests," International Review of Law and Economics, Elsevier, vol. 64(C).
    25. Hylton, Keith N., 2002. "An asymmetric-information model of litigation," International Review of Law and Economics, Elsevier, vol. 22(2), pages 153-175, August.
    26. Arruñada, Benito, 2018. "Evolving practice in land demarcation," Land Use Policy, Elsevier, vol. 77(C), pages 661-675.
    27. William H. J. Hubbard, 2013. "Testing for Change in Procedural Standards, with Application to Bell Atlantic v. Twombly," The Journal of Legal Studies, University of Chicago Press, vol. 42(1), pages 35-68.
    28. Freyens, Benoit Pierre & Gong, Xiaodong, 2020. "Judicial arbitration of unfair dismissal cases: The role of peer effects," International Review of Law and Economics, Elsevier, vol. 64(C).
    29. Schwab, Christian & Tang, Hin-Yue Benny, 2011. "Die Steuerungswirkungen unterschiedlicher Prozesskostenregelungen: Ein Überblick zum Stand von Theorie und Empirie [The economic effects of alternative fee shifting rules: A review of the theoretical and empirical literature]," MPRA Paper 32746, University Library of Munich, Germany.
    30. Gonzalo Ruiz, 2014. "Understanding the Pro-plaintiff Bias in Consumer Protection Legal Processes," Journal of Consumer Policy, Springer, vol. 37(1), pages 113-141, March.
    31. Hylton, Keith N., 2023. "Mutual optimism and risk preferences in litigation," International Review of Law and Economics, Elsevier, vol. 75(C).
    32. Daniel Klerman & Yoon-Ho Alex Lee, 2014. "Inferences from Litigated Cases," The Journal of Legal Studies, University of Chicago Press, vol. 43(2), pages 209-248.
    33. David Gliksberg, 2014. "Does the Law Matter? Win Rates and Law Reforms," Journal of Empirical Legal Studies, John Wiley & Sons, vol. 11(2), pages 378-407, June.

  11. Kaplow, Louis & Shavell, Steven, 1996. "Accuracy in the Assessment of Damages," Journal of Law and Economics, University of Chicago Press, vol. 39(1), pages 191-210, April.
    See citations under working paper version above.
  12. Shavell, Steven, 1995. "The Appeals Process as a Means of Error Correction," The Journal of Legal Studies, University of Chicago Press, vol. 24(2), pages 379-426, June.

    Cited by:

    1. Michael Faure, 2001. "A Selection of Empirical Socio-Economic Research with Respect to the Functioning of Legal Rules and Institutions in Belgium and the Netherlands," European Journal of Law and Economics, Springer, vol. 11(3), pages 207-248, May.
    2. Roy Gava, 2022. "Challenging the regulators: Enforcement and appeals in financial regulation," Regulation & Governance, John Wiley & Sons, vol. 16(4), pages 1265-1282, October.
    3. At Christian & Friehe Tim & Gabuthy Yannick, 2019. "On Lawyer Compensation When Appeals Are Possible," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 19(2), pages 1-11, April.
    4. Levy, Gilat, 2005. "Careerist judges," LSE Research Online Documents on Economics 939, London School of Economics and Political Science, LSE Library.
    5. Elizabeth Plummer, 2014. "The Effects of Property Tax Protests on the Assessment Uniformity of Residential Properties," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 42(4), pages 900-937, December.
    6. Miller, James D., 2001. "Perjury and information weighting," International Review of Law and Economics, Elsevier, vol. 21(3), pages 329-341, September.
    7. Magnus Söderberg & Flavio Menezes & Miguel Santolino, 2013. "Regulatory behaviour under threat of court reversal," Working Papers hal-00874878, HAL.
    8. Whitman, Douglas Glen, 2005. "The Role of Panels in Enhancing Legal Predictability," International Review of Law and Economics, Elsevier, vol. 25(4), pages 541-555, December.
    9. Theodore Eisenberg & Henry S. Farber, 2011. "Why do Plaintiffs Lose Appeals? Biased Trial Courts, Litigious Losers, or Low Trial Win Rates?," Working Papers 1329, Princeton University, Department of Economics, Industrial Relations Section..
    10. Pierre Bentata & Romain Espinosa & Yolande Hiriart, 2019. "Correction Activities by France’s Supreme Courts and Control over their Dockets," Post-Print halshs-02167246, HAL.
    11. Joshua A Strayhorn, 2019. "Competing signals in the judicial hierarchy," Journal of Theoretical Politics, , vol. 31(3), pages 308-329, July.
    12. Bertrand Chopard & Edwige Marion & Ludivine Roussey, 2014. "Does the Appeals Process Lower the Occurrence of Legal Errors?," Working Papers hal-04141314, HAL.
    13. Aspasia Tsaoussi & Eleni Zervogianni, 2010. "Judges as satisficers: a law and economics perspective on judicial liability," European Journal of Law and Economics, Springer, vol. 29(3), pages 333-357, June.
    14. Florian Smuda & Patrice Bougette & Kai Hüschelrath, 2015. "Determinants of the Duration of European Appellate Court Proceedings in Cartel Cases," Journal of Common Market Studies, Wiley Blackwell, vol. 53(6), pages 1352-1369, November.
    15. Kamphorst, Jurjen J.A. & van Velthoven, Ben C.J., 2009. "The introduction of an appeals court in Dutch tax litigation," International Review of Law and Economics, Elsevier, vol. 29(1), pages 13-24, March.
    16. Luca Anderlini & Leonardo Felli & Alessandro Riboni, 2014. "Why Stare Decisis?," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 17(4), pages 726-738, October.
    17. Huang, Kuo-Chang & Chen, Kong-Pin & Lin, Chang-Ching, 2010. "Does the type of criminal defense counsel affect case outcomes?: A natural experiment in Taiwan," International Review of Law and Economics, Elsevier, vol. 30(2), pages 113-127, June.
    18. Chifeng Dai, 2010. "Imperfect verification, appeals, and limited liability," Journal of Regulatory Economics, Springer, vol. 37(1), pages 23-41, February.
    19. Svetlana Avdasheva & Svetlana Golovanova & Elena Sidorova, 2022. "Does judicial effort matter for quality? Evidence from antitrust proceedings in Russian commercial courts," European Journal of Law and Economics, Springer, vol. 53(3), pages 425-450, June.
    20. Dai, Chifeng, 2009. "The appeals process in principal-agent relationships," Journal of Economic Behavior & Organization, Elsevier, vol. 71(2), pages 451-462, August.
    21. Maria Antonelli & Veronica Grembi, 2013. "A microeconomic model of the demand of civil justice: is one institutional context better than another?," European Journal of Law and Economics, Springer, vol. 36(2), pages 295-318, October.
    22. Leonardo Felli & Alessandro Riboni & Luca Anderlini, 2007. "Statute Law or Case Law?," 2007 Meeting Papers 952, Society for Economic Dynamics.
    23. Steven Shavell, 2010. "On the Design of the Appeals Process: The Optimal Use of Discretionary Review versus Direct Appeal," The Journal of Legal Studies, University of Chicago Press, vol. 39(1), pages 63-108, January.
    24. Pierre Bentata & Yolande Hiriart, 2015. "Biased Judges: Evidence from French Environmental Cases," Working Papers hal-01377922, HAL.
    25. Sergio Muro & Sofia Amaral-Garcia & Alejandro Chehtman & Nuno Garoupa, 2020. "Exploring dissent in the Supreme Court of Argentina," ULB Institutional Repository 2013/308990, ULB -- Universite Libre de Bruxelles.
    26. Koçkesen, Levent & Usman, Murat, 2012. "Litigation and settlement under judicial agency," International Review of Law and Economics, Elsevier, vol. 32(3), pages 300-308.
    27. Wohlschlegel, Ansgar, 2014. "The Appeals Process and Incentives to Settle," MPRA Paper 59424, University Library of Munich, Germany.
    28. Avdasheva, Svetlana & Golovanova, Svetlana & Katsoulacos, Yannis, 2019. "The role of judicial review in developing evidentiary standards: The example of market analysis in Russian competition law enforcement," International Review of Law and Economics, Elsevier, vol. 58(C), pages 101-114.
    29. Yannis Katsoulacos, 2019. "On the choice of legal standards: a positive theory for comparative analysis," European Journal of Law and Economics, Springer, vol. 48(2), pages 125-165, October.
    30. Sarel, Roee & Demirtas, Melanie, 2019. "Delegation in a multi-tier court system: are remands in the U.S. federal courts driven by moral hazard?," ILE Working Paper Series 28, University of Hamburg, Institute of Law and Economics.
    31. Silva, Jeovan Assis & Guimaraes, Tomas Aquino, 2021. "Factors affecting judicial review of regulatory appeals," Utilities Policy, Elsevier, vol. 72(C).
    32. Moritz Birgit & Becker Martin & Schmidtchen Dieter, 2018. "Measuring the Deterrent Effect of European Cartel Law Enforcement," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 18(3), pages 1-27, July.
    33. Kirstein, Roland, 2005. "Bayesian Monitoring," CSLE Discussion Paper Series 2005-06, Saarland University, CSLE - Center for the Study of Law and Economics.
    34. John Moorhouse & Andrew Morriss & Robert Whaples, 1999. "Economics and the Law: Where is There Consensus?," The American Economist, Sage Publications, vol. 43(2), pages 81-88, October.
    35. Michael Hellwig & Kai Hüschelrath & Ulrich Laitenberger, 2018. "Settlements and Appeals in the European Commission’s Cartel Cases: An Empirical Assessment," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 52(1), pages 55-84, February.
    36. Duy Vu & Michele Pezzoni & Duc Lam Nguyen, 2021. "Arbitrator teams and dispute resolution performance: an empirical analysis," European Journal of Law and Economics, Springer, vol. 51(2), pages 347-381, April.
    37. Chopard Bertrand & Fain Edwige & Roussey Ludivine, 2018. "Does the Appeals Process Reduce the Occurrence of Legal Errors?," Review of Law & Economics, De Gruyter, vol. 14(2), pages 1-18, July.
    38. Hüschelrath, Kai & Smuda, Florian, 2014. "The appeals process: An empirical assessment," ZEW Discussion Papers 14-063, ZEW - Leibniz Centre for European Economic Research.
    39. A. Mitchell Polinsky & Steven Shavell, 2005. "Economic Analysis of Law," Discussion Papers 05-005, Stanford Institute for Economic Policy Research.
    40. Duol Kim & Heechul Min, 2017. "Appeal rate and caseload: evidence from civil litigation in Korea," European Journal of Law and Economics, Springer, vol. 44(2), pages 339-360, October.
    41. Nuno Garoupa, 2004. "Punish Once or Punish Twice: A Theory of the Use of Criminal Sanctions in Addition to Regulatory Penalties," American Law and Economics Review, American Law and Economics Association, vol. 6(2), pages 410-433.
    42. Deffains, Bruno & Gabuthy, Yannick & Lambert, Eve-Angéline, 2010. "Labour disputes, investment decisions and the judiciary," Labour Economics, Elsevier, vol. 17(2), pages 424-433, April.
    43. Steven Shavell, 2006. "The Appeals Process and Adjudicator Incentives," The Journal of Legal Studies, University of Chicago Press, vol. 35(1), pages 1-29, January.
    44. Andrew F. Daughety & Jennifer F. Reinganum, 2002. "Speaking Up: A Model of Judicial Dissent and Discretionary Review," Vanderbilt University Department of Economics Working Papers 0209, Vanderbilt University Department of Economics, revised Jan 2003.
    45. Kirstein, Roland & Schmidtchen, Dieter, 1997. "Judicial detection skill and contractual compliance," International Review of Law and Economics, Elsevier, vol. 17(4), pages 509-520, December.
    46. Marius Zipf & Johannes Glückler & Tamar Khuchua & Emmanuel Lazega & François Lachapelle & Jakob Hoffmann, 2023. "The Judicial Geography of Patent Litigation in Germany: Implications for the Institutionalization of the European Unified Patent Court," Social Sciences, MDPI, vol. 12(5), pages 1-17, May.
    47. Mohammad Kazem Khanjani & Atoosa Bahadori, 2021. "Damage compensation for innocent defendants and Convicts in Iran and the Canadian legal system," Technium Social Sciences Journal, Technium Science, vol. 23(1), pages 370-379, September.
    48. Santolino, Miguel, 2010. "Determinants of the decision to appeal against motor bodily injury judgements made by Spanish trial courts," International Review of Law and Economics, Elsevier, vol. 30(1), pages 37-45, March.
    49. Adam B. Badawi & Scott Baker, 2015. "Appellate Lawmaking in a Judicial Hierarchy," Journal of Law and Economics, University of Chicago Press, vol. 58(1), pages 139-172.
    50. Kai Hüschelrath & Florian Smuda, 2016. "The Appeals Process in the European Commission's Cartel Cases: An Empirical Assessment," Journal of Empirical Legal Studies, John Wiley & Sons, vol. 13(2), pages 330-357, June.
    51. Elisabetta Iossa & Giuliana Palumbo, 2007. "Information Provision and Monitoring of the Decision-Maker in the Presence of an Appeal Process," Journal of Institutional and Theoretical Economics (JITE), Mohr Siebeck, Tübingen, vol. 163(4), pages 657-682, December.
    52. Anderlini, Luca & Felli, Leonardo & Riboni, Alessandro, 2020. "Legal efficiency and consistency," European Economic Review, Elsevier, vol. 121(C).
    53. Bharat Bhole & Bríd Gleeson Hanna, 2009. "An analytical framework for interpreting appellate court data," Economics Bulletin, AccessEcon, vol. 29(2), pages 1163-1174.
    54. Roland Kirstein, 2014. "Doping, the Inspection Game, and Bayesian Enforcement," Journal of Sports Economics, , vol. 15(4), pages 385-409, August.
    55. Steven Shavell, 2004. "The Appeals Process and Adjudicator Incentives," NBER Working Papers 10754, National Bureau of Economic Research, Inc.
    56. Paul M. Collins, Jr. & Wendy L. Martinek, 2011. "The Small Group Context: Designated District Court Judges in the U.S. Courts of Appeals," Journal of Empirical Legal Studies, John Wiley & Sons, vol. 8(1), pages 177-205, March.
    57. Christmann Robin, 2015. "Tipping the Scales – Settlement, Appeal and the Relevance of Judicial Ambition," Review of Law & Economics, De Gruyter, vol. 11(2), pages 171-207, July.
    58. Robin Christmann, 2014. "No Judge, No Job! Court errors and the contingent labor contract," European Journal of Law and Economics, Springer, vol. 38(3), pages 409-429, December.
    59. Moral, Alfonso & Rosales, Virginia & Martín-Román, Ángel, 2021. "Professional vs. non-professional labour judges: their impact on the quality of judicial decisions," International Review of Law and Economics, Elsevier, vol. 65(C).

  13. Shavell, Steven, 1995. "Alternative Dispute Resolution: An Economic Analysis," The Journal of Legal Studies, University of Chicago Press, vol. 24(1), pages 1-28, January.

    Cited by:

    1. Benito Arruñada, 2023. "La protección administrativa de las relaciones financieras," Fedea Economy Notes 2023-11, FEDEA.
    2. Marselli, Riccardo & McCannon, Bryan C. & Vannini, Marco, 2015. "Bargaining in the shadow of arbitration," Journal of Economic Behavior & Organization, Elsevier, vol. 117(C), pages 356-368.
    3. Duplat, Valérie & Coeurderoy, Régis & Hagedoorn, John, 2018. "Contractual governance and the choice of dispute-resolution mechanisms: Evidence on technology licensing," Research Policy, Elsevier, vol. 47(6), pages 1096-1110.
    4. Brice Corgnet & Simon Gächter & Roberto Hernán-González, 2025. "The contractual dispute resolution game : Real-effort experiments on contract negotiation and arbitration," Post-Print hal-05053021, HAL.
    5. Deffains, Bruno & Demougin, Dominique & Desrieux, Claudine, 2017. "Choosing ADR or litigation," International Review of Law and Economics, Elsevier, vol. 49(C), pages 33-40.
    6. Benito Arruñada & Veneta Andonova, 2004. "Market institutions and judicial rulemaking," Economics Working Papers 801, Department of Economics and Business, Universitat Pompeu Fabra.
    7. Adachi, Daisuke & Kambayashi, Ryo & Kawaguchi, Kohei, 2025. "Employers' Unilateral Settlement of Dismissal Disputes," SocArXiv 89xgj_v3, Center for Open Science.
    8. Benson Bruce L., 2000. "Jurisdictional Choice in International Trade: Implications for Lex Cybernatoria," Journal des Economistes et des Etudes Humaines, De Gruyter, vol. 10(1), pages 1-32, March.
    9. Gary Bolton & Kevin Breuer & Ben Greiner & Axel Ockenfels, 2021. "Fixing Feedback Revision Rules in Online Markets," ECONtribute Discussion Papers Series 070, University of Bonn and University of Cologne, Germany.
    10. Abraham L. Wickelgren, 2016. "An Economic Analysis of Arbitration versus Litigation for Contractual Disputes," Journal of Law and Economics, University of Chicago Press, vol. 59(2), pages 393-410.
    11. Giorgio Rampa & Margherita Saraceno, 2018. "Accuracy and Costs of Dispute Resolution with Heterogeneous Consumers. A Conjectural Approach to Mass Litigation," DEM Working Papers Series 155, University of Pavia, Department of Economics and Management.
    12. Beckner, Clinton III & Katz, Avery, 1995. "The incentive effects of litigation fee shifting when legal standards are uncertain," International Review of Law and Economics, Elsevier, vol. 15(2), pages 205-224, June.
    13. Nyarko, Julian, 2019. "We’ll See You in . . . Court! The lack of arbitration clauses in international commercial contracts," International Review of Law and Economics, Elsevier, vol. 58(C), pages 6-24.
    14. Henry Fraisse & Philippe Frouté, 2012. "Households Debt Restructuring: Evidence from the French Experience," Working papers 404, Banque de France.
    15. Peter Van Wijck & Ben Van Velthoven, 2000. "An Economic Analysis of the American and the Continental Rule for Allocating Legal Costs," European Journal of Law and Economics, Springer, vol. 9(2), pages 115-125, March.
    16. Arruñada Benito & Andonova Veneta, 2008. "Judges' Cognition and Market Order," Review of Law & Economics, De Gruyter, vol. 4(2), pages 665-692, December.
    17. Hay, Jonathan R. & Shleifer, Andrei & Vishny, Robert W., 1996. "Toward a theory of legal reform," European Economic Review, Elsevier, vol. 40(3-5), pages 559-567, April.
    18. Martin Halla, 2007. "Divorce and the Excess Burden of Lawyers," Economics working papers 2007-13, Department of Economics, Johannes Kepler University Linz, Austria.
    19. Nathalie Chappe, 2001. "L'analyse économique d'un mode de résolution des litiges : l'arbitrage," Revue Française d'Économie, Programme National Persée, vol. 15(4), pages 187-208.
    20. Benjamin Balzer & Johannes Schneider, 2021. "Managing a conflict: optimal alternative dispute resolution," RAND Journal of Economics, RAND Corporation, vol. 52(2), pages 415-445, June.
    21. Franziska Weber, 2015. "Is ADR the Superior Mechanism for Consumer Contractual Disputes?—an Assessment of the Incentivizing Effects of the ADR Directive," Journal of Consumer Policy, Springer, vol. 38(3), pages 265-285, September.
    22. Salvador Gil‐Pareja & Rafael Llorca‐Vivero & Jordi Paniagua, 2020. "Trade law and trade flows," The World Economy, Wiley Blackwell, vol. 43(3), pages 681-704, March.
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    131. Wu, Jie & Lu, Wei & Ji, Xiang, 2023. "The interactions between upstream quality disclosure and downstream entry," European Journal of Operational Research, Elsevier, vol. 309(2), pages 545-559.
    132. Angelo Castaldo & Elisabetta Conte & Gianluigi Galeotti, 2014. "Asymmetric Information and Opportunistic Behaviour in Ex Ante Contract Negotiations: Precontractual Liability Regime," Public Finance Research Papers 8, Istituto di Economia e Finanza, DSGE, Sapienza University of Rome.
    133. Basak Kalkanci & Erica L. Plambeck, 2020. "Managing Supplier Social and Environmental Impacts with Voluntary Versus Mandatory Disclosure to Investors," Management Science, INFORMS, vol. 66(8), pages 3311-3328, August.
    134. Jos Jansen, 2008. "Information Acquisition and Strategic Disclosure in Oligopoly," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 17(1), pages 113-148, March.
    135. Herresthal, Claudia, 2022. "Hidden testing and selective disclosure of evidence," Journal of Economic Theory, Elsevier, vol. 200(C).
    136. McLeod, Alex, 2021. "Discovery, disclosure, and confidence," International Review of Law and Economics, Elsevier, vol. 66(C).
    137. Mathios, Alan D, 2000. "The Impact of Mandatory Disclosure Laws on Product Choices: An Analysis of the Salad Dressing Market," Journal of Law and Economics, University of Chicago Press, vol. 43(2), pages 651-677, October.
    138. Insuk Cheong & Jeong‐Yoo Kim, 2004. "Costly Information Disclosure in Oligopoly," Journal of Industrial Economics, Wiley Blackwell, vol. 52(1), pages 121-132, March.
    139. Jeremy Bertomeu & Edwige Cheynel & Davide Cianciaruso, 2021. "Strategic Withholding and Imprecision in Asset Measurement," Journal of Accounting Research, John Wiley & Sons, Ltd., vol. 59(5), pages 1523-1571, December.
    140. Laux, Christian & Laux, Volker, 2024. "Accounting conservatism and managerial information acquisition," Journal of Accounting and Economics, Elsevier, vol. 77(2).
    141. Anthony Niblett, 2017. "On the efficiency of the common law: an application to the recovery of rewards," European Journal of Law and Economics, Springer, vol. 43(3), pages 393-417, June.

  15. Kaplow, Louis & Shavell, Steven, 1994. "Accuracy in the Determination of Liability," Journal of Law and Economics, University of Chicago Press, vol. 37(1), pages 1-15, April.
    See citations under working paper version above.
  16. Kaplow, Louis & Shavell, Steven, 1994. "Why the Legal System Is Less Efficient Than the Income Tax in Redistributing Income," The Journal of Legal Studies, University of Chicago Press, vol. 23(2), pages 667-681, June.

    Cited by:

    1. Usher, Dan, 2001. "Personal goods, efficiency and the law," European Journal of Political Economy, Elsevier, vol. 17(4), pages 673-703, November.
    2. Kaplow, Louis & Shapiro, Carl, 2007. "Antitrust," Competition Policy Center, Working Paper Series qt9pt7p9bm, Competition Policy Center, Institute for Business and Economic Research, UC Berkeley.
    3. Frank Buckley & Eric Rasmusen, 2000. "The Uneasy Case for the Flat Tax," Constitutional Political Economy, Springer, vol. 11(4), pages 295-318, December.
    4. Benoit P. Freyens, 2011. "Dismissal Disputes and the Incentives to Bargain: Estimates of the Contract Zone," ILR Review, Cornell University, ILR School, vol. 64(3), pages 576-598, April.
    5. Steven Shavell, 2003. "Economic Analysis of Welfare Economics, Morality and the Law," NBER Working Papers 9700, National Bureau of Economic Research, Inc.
    6. Guy Davidov, 2007. "The (changing?) idea of labour law," International Labour Review, International Labour Organization, vol. 146(3-4), pages 311-320, September.
    7. Christine Jolls, 2007. "Employment Law and the Labor Market," NBER Working Papers 13230, National Bureau of Economic Research, Inc.
    8. Giuseppe Dari-Mattiacci & Eric Langlais, 2008. "Social Wealth and Optimal Care," EconomiX Working Papers 2008-34, University of Paris Nanterre, EconomiX.
    9. James Roumasset, 2010. "Wither The Economics of Agricultural Development?," Working Papers 201003, University of Hawaii at Manoa, Department of Economics.
    10. Fabbri Marco & GC Britto Diogo, 2018. "Distributive Justice, Public Policies and the Comparison of Legal Rules: Quantify the “Price of Equity”," Review of Law & Economics, De Gruyter, vol. 14(3), pages 1-23, November.
    11. Ganuza Juan-Jose & Gomez Fernando, 2006. "Caution, Children Crossing: Heterogeneity of Victim's Cost of Care and the Negligence Rule," Review of Law & Economics, De Gruyter, vol. 1(3), pages 365-397, January.
    12. Gietzmann, M. B. & Quick, R., 1998. "Capping auditor liability: The German experience," Accounting, Organizations and Society, Elsevier, vol. 23(1), pages 81-103, January.
    13. Jean-Baptiste Fleury & Alain Marciano, 2022. "Methodological Individualism and the Foundations of the "Law and Economics" movement," Post-Print hal-03820441, HAL.
    14. Lee Kangoh, 2016. "Risk Aversion, the Hand Rule, and Comparison between Strict Liability and the Negligence Rule," Review of Law & Economics, De Gruyter, vol. 12(2), pages 261-274, July.
    15. Daughety, Andrew F. & Reinganum, Jennifer F., 2013. "Cumulative Harm, Products Liability, and Bilateral Care," IAST Working Papers 13-06, Institute for Advanced Study in Toulouse (IAST).
    16. Louis Kaplow & Steven Shavell, 2003. "Fairness versus Welfare: Notes on the Pareto Principle, Preferences, and Distributive Justice," The Journal of Legal Studies, University of Chicago Press, vol. 32(1), pages 331-362, January.
    17. Hackney, James Jr., 2003. "Law and neoclassical economics theory: a critical history of the distribution/efficiency debate," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 32(4), pages 361-390, September.
    18. Conor Clarke & Alex Kozinski, 2019. "Does law and economics help decide cases?," European Journal of Law and Economics, Springer, vol. 48(1), pages 89-111, August.
    19. Francesco Parisi, 2004. "Positive, Normative and Functional Schools in Law and Economics," European Journal of Law and Economics, Springer, vol. 18(3), pages 259-272, December.
    20. Nguyen, Trang T.T., 2016. "Tax administration resources and Income inequality," MPRA Paper 74820, University Library of Munich, Germany.
    21. De Geest, Gerrit, 2013. "N problems require N instruments," International Review of Law and Economics, Elsevier, vol. 35(C), pages 42-57.
    22. Ding, Yijiu & Li, Bo & Lan, Dahai & Yu, Chunrong & Zhang, Xueqing, 2025. "Research on wage distortion in R&D and innovation activities —— Evidence from China's listed manufacturing enterprises," International Review of Economics & Finance, Elsevier, vol. 102(C).
    23. Yew-Kwang Ng, 2016. "Posner’s Wealth Maximization for Welfare Maximization: Separating Efficiency and Equality Considerations," Economic Growth Centre Working Paper Series 1611, Nanyang Technological University, School of Social Sciences, Economic Growth Centre.
    24. Barriola, Illan & Deffains, Bruno & Musy, Olivier, 2023. "Law and inequality: A comparative approach to the distributive implications of legal systems," International Review of Law and Economics, Elsevier, vol. 75(C).
    25. Jeong-Yoo Kim, 2006. "Strict liability versus negligence when the injurer's activity involves positive externalities," European Journal of Law and Economics, Springer, vol. 22(1), pages 95-104, July.
    26. Louis Kaplow, 2003. "Transition Policy: A Conceptual Framework," NBER Working Papers 9596, National Bureau of Economic Research, Inc.
    27. Kniesner, Thomas J. & Viscusi, W. Kip, 2022. "Promoting Equity through Equitable Risk Tradeoffs," IZA Discussion Papers 15771, IZA Network @ LISER.
    28. Langlais, Eric, 2005. "Indemnisation des préjudices et fréquence des procès en présence d'une asymétrie d'informaion sur l'aversion au risque des parties [Compensation of damages and frequency of trials with asymmetric information on preferences of litigant parties]," MPRA Paper 1150, University Library of Munich, Germany, revised 06 Nov 2006.
    29. Blumkin, Tomer & Margalioth, Yoram & Sadka, Efraim, 2007. "Anti-discrimination rules versus income taxation in the pursuit of horizontal equity," Journal of Public Economics, Elsevier, vol. 91(5-6), pages 1167-1176, June.
    30. Ilyana Kuziemko & Nicolas Longuet-Marx & Suresh Naidu, 2024. "“Compensate the Losers?†Economic Policy and Partisan Realignment in the US," Working Papers 321, Princeton University, Department of Economics, Center for Economic Policy Studies..
    31. Michael Litschka & Kristoffel Grechenig, 2010. "Law by human intent or evolution? Some remarks on the Austrian school of economics’ role in the development of law and economics," European Journal of Law and Economics, Springer, vol. 29(1), pages 57-79, February.
    32. Dan Usher, 2017. "Utilitarianism, Voting And The Redistribution Of Income," Working Paper 1385, Economics Department, Queen's University.
    33. Garoupa, Nuno & Stephen, Frank, 2003. "A Note on Optimal Law Enforcement with Legal Aid," CEPR Discussion Papers 4113, C.E.P.R. Discussion Papers.
    34. Sunstein Cass R., 2013. "The value of a statistical life: some clarifications and puzzles," Journal of Benefit-Cost Analysis, De Gruyter, vol. 4(2), pages 237-261, August.
    35. Bernardo Guimaraes & Bruno Meyerhof Salama, 2017. "Contingent Judicial Deference: theory and application to usury laws," Discussion Papers 1729, Centre for Macroeconomics (CFM).
    36. A. Mitchell Polinsky & Steven Shavell, 2005. "Economic Analysis of Law," Discussion Papers 05-005, Stanford Institute for Economic Policy Research.
    37. Juan José Ganuza & Fernando Gómez, 2008. "Realistic Standards: Optimal Negligence with Limited Liability," The Journal of Legal Studies, University of Chicago Press, vol. 37(2), pages 577-594, June.
    38. Christine Jolls, 2007. "Behavioral Law and Economics," NBER Working Papers 12879, National Bureau of Economic Research, Inc.
    39. Langlais, Eric, 2010. "Safety and the Allocation of Costs in Large Accidents," MPRA Paper 25710, University Library of Munich, Germany.
    40. Parisi Francesco, 2020. "Law and Economics as We Grow Younger," Review of Law & Economics, De Gruyter, vol. 16(1), pages 1-20, March.
    41. Riza Limor, 2019. "Rawls, Taxation and Calabresi & Melamed’s Rules," Review of Law & Economics, De Gruyter, vol. 15(3), pages 1-26, November.
    42. Andrew F. Daughety & Jennifer F. Reinganum, 2000. "Found Money? Split-Award Statutes and Settlement of Punitive Damages Cases," Vanderbilt University Department of Economics Working Papers 0001, Vanderbilt University Department of Economics, revised Mar 2001.
    43. Blumkin, Tomer & Margalioth, Yoram, 2008. "On terror, drugs and racial profiling," International Review of Law and Economics, Elsevier, vol. 28(3), pages 194-203, September.
    44. Aronsson, Thomas & Johansson-Stenman, Olof, 2011. "Animal Welfare and Social Decisions," Working Papers in Economics 485, University of Gothenburg, Department of Economics.
    45. Cheng, C.S. Agnes & Huang, Henry He & Lei, Zhen & Lu, Haitian, 2024. "Ex ante litigation risk and firm restatement decisions: Evidence from district courts," International Review of Law and Economics, Elsevier, vol. 79(C).
    46. Pourya Darnihamedani & Joern Hendrich Block & Jolanda Hessels & Aram Simonyan, 2015. "Start-up Costs, Taxes and Innovative Entrepreneurship," Tinbergen Institute Discussion Papers 15-013/VII, Tinbergen Institute.
    47. Gerrit De Geest, 2012. "Who Should Be Immune from Tort Liability?," The Journal of Legal Studies, University of Chicago Press, vol. 41(2), pages 291-319.
    48. Rustam Romaniuc, 2012. "Judicial Dissent under Externalities and Incomplete Information," Czech Economic Review, Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies, vol. 6(3), pages 209-224, October.
    49. Alex Raskolnikov, 2020. "Criminal Deterrence: A Review of the Missing Literature," Supreme Court Economic Review, University of Chicago Press, vol. 28(1), pages 1-59.
    50. Olof Johansson-Stenman, 2005. "Distributional Weights in Cost-Benefit Analysis—Should We Forget about Them?," Land Economics, University of Wisconsin Press, vol. 81(3).
    51. Guimaraesy, Bernardo & Meyerhof Salama, Bruno, 2017. "Contingent judicial deference: theory and application to usury laws," LSE Research Online Documents on Economics 86146, London School of Economics and Political Science, LSE Library.
    52. Clarke, Dylan R., 2025. "Leases over real property," Regional Science and Urban Economics, Elsevier, vol. 111(C).
    53. Juan José Ganuza & Fernando Gómez, 2003. "Optimal negligence rule under limited liability," Economics Working Papers 759, Department of Economics and Business, Universitat Pompeu Fabra, revised May 2004.
    54. Louis Kaplow, 2006. "Discounting Dollars, Discounting Lives: Intergenerational Distributive Justice and Efficiency," NBER Working Papers 12239, National Bureau of Economic Research, Inc.
    55. Guimaraes, Bernardo & Salama, Bruno Meyerhof, 2021. "Permitting prohibitions," Textos para discussão 544, FGV EESP - Escola de Economia de São Paulo, Fundação Getulio Vargas (Brazil).

  17. Kaplow, Louis & Shavell, Steven, 1994. "Optimal Law Enforcement with Self-Reporting of Behavior," Journal of Political Economy, University of Chicago Press, vol. 102(3), pages 583-606, June.
    See citations under working paper version above.
  18. Shavell, Steven, 1993. "Suit versus Settlement when Parties Seek Nonmonetary Judgments," The Journal of Legal Studies, University of Chicago Press, vol. 22(1), pages 1-13, January.
    See citations under working paper version above.
  19. Shavell, Steven, 1993. "The Optimal Structure of Law Enforcement," Journal of Law and Economics, University of Chicago Press, vol. 36(1), pages 255-287, April.

    Cited by:

    1. Doyle, Chris & Smith, Jennifer C, 1997. "Crime and Drugs : An Economic Approach," The Warwick Economics Research Paper Series (TWERPS) 477, University of Warwick, Department of Economics.
    2. Germani, Anna Rita & Morone, Andrea & Morone, Piergiuseppe & Scaramozzino, Pasquale, 2013. "Discretionary enforcement and strategic interactions between firms, regulatory agency and justice department: a theoretical and empirical investigation," MPRA Paper 51369, University Library of Munich, Germany.
    3. A. Mitchell Polinsky & Steven Shavell, 2005. "The Theory of Public Enforcement of Law," Discussion Papers 05-004, Stanford Institute for Economic Policy Research.
    4. Erkmen G. Aslim & Murat C. Mungan & Carlos I. Navarro & Han Yu, 2022. "The Effect of Public Health Insurance on Criminal Recidivism," Journal of Policy Analysis and Management, John Wiley & Sons, Ltd., vol. 41(1), pages 45-91, January.
    5. Anna Rita Germani, 2007. "The Environmental Enforcement in the Civil and the Common Law Systems. A Case on the Economic Effects of Legal Institutions," Quaderni DSEMS 22-2007, Dipartimento di Scienze Economiche, Matematiche e Statistiche, Universita' di Foggia.
    6. Garoupa, Nuno & Obidzinski, Marie, 2006. "The Scope of Punishment: An Economic Theory of Harm-Based vs. Act-Based Sanctions," CEPR Discussion Papers 5899, C.E.P.R. Discussion Papers.
    7. A. Mitchell Polinsky & Steven Shavell, 2006. "Public Enforcement of Law," Discussion Papers 05-016, Stanford Institute for Economic Policy Research.
    8. Dnes, Antony W. & Seaton, Jonathan S., 1997. "An exploration of the tort criminal boundary using manslaughter and negligence cases," International Review of Law and Economics, Elsevier, vol. 17(4), pages 537-551, December.
    9. Arai, Yasuhiro, 2011. "Civil and criminal penalties for copyright infringement," Information Economics and Policy, Elsevier, vol. 23(3), pages 270-280.
    10. Marcel Boyer & Donatella Porrini, 2007. "Sharing Liability Between Banks and Firms: The Case of Industrial Safety Risk," CIRANO Working Papers 2007s-04, CIRANO.
    11. Ram Mudambi & Pietro Navarra & Andrew Delios, 2013. "Government regulation, corruption, and FDI," Asia Pacific Journal of Management, Springer, vol. 30(2), pages 487-511, June.
    12. Feess, Eberhard & Sarel, Roee, 2022. "Optimal fine reductions for self-reporting: The impact of loss aversion," International Review of Law and Economics, Elsevier, vol. 70(C).
    13. Garoupa, Nuno, 1997. "A note on private enforcement and type-I error," International Review of Law and Economics, Elsevier, vol. 17(3), pages 423-429, September.
    14. Giovanni Immordino & Marco Pagano, 2003. "Legal Standards, Enforcement and Corruption," CSEF Working Papers 98, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy, revised 01 Oct 2009.
    15. Mohamed Jellal & Nuno Garoupa, 1999. "Dynamic optimal law enforcement with learning," Economics Working Papers 402, Department of Economics and Business, Universitat Pompeu Fabra.
    16. Laszlo Goerke, 2001. "Accident Law: An Excessive Standard May Be Efficient," CESifo Working Paper Series 625, CESifo.
    17. Peter Grajzl & Andrzej Baniak, 2015. "Private Enforcement, Corruption, and Antitrust Design," CESifo Working Paper Series 5602, CESifo.
    18. Riku Lindqvist & Chiara Lombardini & Leila Suvantola & Markku Ollikainen, 2024. "The deterrence effect of criminal sanctions against environmental crime in Finland: an application of the rational choice model of crime," European Journal of Law and Economics, Springer, vol. 58(2), pages 175-200, October.
    19. Bowles, Roger & Faure, Michael & Garoupa, Nuno, 2000. "Economic analysis of the removal of illegal gains," International Review of Law and Economics, Elsevier, vol. 20(4), pages 537-549, December.
    20. Nuno Garoupa & Mohamed Jellal, 2002. "A Note on Optimal Law Enforcement under Asymmetric Information," European Journal of Law and Economics, Springer, vol. 14(1), pages 5-13, July.
    21. Antony W. Dnes & Raymond Swaray, 2020. "Criminalizing price‐fixing," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 41(8), pages 1417-1430, December.
    22. Pirrong, Craig, 2017. "The economics of commodity market manipulation: A survey," Journal of Commodity Markets, Elsevier, vol. 5(C), pages 1-17.
    23. Innes, Robert, 2004. "Enforcement costs, optimal sanctions, and the choice between ex-post liability and ex-ante regulation," International Review of Law and Economics, Elsevier, vol. 24(1), pages 29-48, March.
    24. Bruno Deffains & Claude Fluet, 2009. "Legal Liability when Individuals Have Moral Concerns," Cahiers de recherche 0951, CIRPEE.
    25. Iljoong Kim, 2008. "Securities laws ‘facilitating’ private enforcement," European Journal of Law and Economics, Springer, vol. 25(1), pages 17-38, February.
    26. Ogus, Anthony, 2001. "Regulatory Institutions and Structures," Centre on Regulation and Competition (CRC) Working papers 30704, University of Manchester, Institute for Development Policy and Management (IDPM).
    27. Laszlo Goerke, 2002. "Accident Law: Efficiency May Require an Inefficient Standard," German Economic Review, Verein für Socialpolitik, vol. 3(1), pages 43-51, February.
    28. Aaron Hatcher & Daniel Gordon, 2005. "Further Investigations into the Factors Affecting Compliance with U.K. Fishing Quotas," Land Economics, University of Wisconsin Press, vol. 81(1).
    29. Nuno Garoupa, 2000. "Optimal magnitude and probability of fines," Economics Working Papers 454, Department of Economics and Business, Universitat Pompeu Fabra.
    30. Kaplow, Louis, 2017. "Optimal design of private litigation," Journal of Public Economics, Elsevier, vol. 155(C), pages 64-73.
    31. Mungan, Murat C., 2011. "Welfare enhancing regulation exemptions," International Review of Law and Economics, Elsevier, vol. 31(4), pages 249-255.
    32. Schwartz, Warren F. & Wickelgren, Abraham L., 2011. "Optimal antitrust enforcement: Competitor suits, entry, and post-entry competition," Journal of Public Economics, Elsevier, vol. 95(7), pages 967-972.
    33. Frédéric Marty & Thierry Kirat, 2006. "La mise en oeuvre de la réglementation : une lecture économico-juridique du secteur électrique et des marchés publics," Économie et Prévision, Programme National Persée, vol. 175(4), pages 101-116.
    34. Mohamed Jellal & Nuno Garoupa, 1999. "Optimal law enforcement under asymmetric information," Economics Working Papers 401, Department of Economics and Business, Universitat Pompeu Fabra.
    35. Ogus, Anthony, 2002. "The Importance of Law-and-Economics for Regulation in Transitional Economies," Centre on Regulation and Competition (CRC) Working papers 30651, University of Manchester, Institute for Development Policy and Management (IDPM).
    36. Shaun Larcom & Timothy Swanson, 2014. "Documenting Legal Dissonance: Legal Pluralism in Papua New Guinea," CIES Research Paper series 31-2014, Centre for International Environmental Studies, The Graduate Institute.
    37. Park, Sangchul, 2019. "Why information security law has been ineffective in addressing security vulnerabilities: Evidence from California data breach notifications and relevant court and government records," International Review of Law and Economics, Elsevier, vol. 58(C), pages 132-145.
    38. Luigi Bonaventura, 2011. "Enforcement of regulation, irregular sector, and firm performance: a computational agent-based model," Netnomics, Springer, vol. 12(2), pages 99-113, July.
    39. Albers, Heidi J. & Robinson, Elizabeth J.Z., 2007. "Spatial-temporal aspects of cost-benefit analysis for park management: An example from Khao Yai National Park, Thailand," Journal of Forest Economics, Elsevier, vol. 13(2-3), pages 129-150, August.
    40. Ian Smith, 2003. "The Law and Economics of Marriage Contracts," Journal of Economic Surveys, Wiley Blackwell, vol. 17(2), pages 201-226, April.
    41. Grepperud Sverre, 2020. "Individual or Enterprise Liability? The Roles of Sanctions and Liability Under Contractible and Non-contractible Safety Efforts," Review of Law & Economics, De Gruyter, vol. 16(3), pages 1-28, November.
    42. Suurmond, Guido, 2007. "The effects of the enforcement strategy," MPRA Paper 21142, University Library of Munich, Germany.
    43. Bonaventura, Luigi, 2006. "Simulating the enforcement policies for irregular sector in the Italian labour reform," MPRA Paper 1731, University Library of Munich, Germany.
    44. Kaplow, Louis, 2019. "Optimal regulation with exemptions," International Journal of Industrial Organization, Elsevier, vol. 66(C), pages 1-39.
    45. Giovanni Immordino & Marco Pagano & Michele Polo, 2006. "Norm Flexibility and Private Initiative," CSEF Working Papers 163, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy, revised 01 Nov 2006.
    46. Miceli, Thomas J. & Mungan, Murat C., 2021. "An economic theory of optimal enactment and enforcement of laws," International Review of Law and Economics, Elsevier, vol. 68(C).
    47. Ogus, Anthony, 2002. "Comparing Regulatory Systems: Institutions, Processes and Legal Forms in Industrialised Countries," Centre on Regulation and Competition (CRC) Working papers 30609, University of Manchester, Institute for Development Policy and Management (IDPM).
    48. Derek Pyne, 2004. "Can Making It Harder to Convict Criminals Ever Reduce Crime?," European Journal of Law and Economics, Springer, vol. 18(2), pages 191-201, September.
    49. Harald Hau & Marcel Thum, 2000. "Lawyers, Legislation and Social Welfare," European Journal of Law and Economics, Springer, vol. 9(3), pages 231-254, May.
    50. Franziska Weber, 2015. "Is ADR the Superior Mechanism for Consumer Contractual Disputes?—an Assessment of the Incentivizing Effects of the ADR Directive," Journal of Consumer Policy, Springer, vol. 38(3), pages 265-285, September.
    51. Anthony Ogus, 1998. "Regulatory Appraisal: A Neglected Opportunity for Law and Economics," European Journal of Law and Economics, Springer, vol. 6(1), pages 53-68, July.
    52. W J Hurley & J Brimberg & A Pavlov, 2009. "Optimal thresholds for fining speeders for a stationary speed-check operation when the traffic intensity is low," Journal of the Operational Research Society, Palgrave Macmillan;The OR Society, vol. 60(9), pages 1154-1159, September.
    53. Christian Growitsch & Nicole Nulsch & Margarethe Rammerstorfer, 2012. "Preventing innovative cooperations: the legal exemptions unintended side effect," European Journal of Law and Economics, Springer, vol. 33(1), pages 1-22, February.
    54. Anna Rita Germani & Pasquale Scaramozzino & Andrea Morone & Piergiuseppe Morone, 2017. "Discretionary enforcement and strategic interactions between enforcement agencies and firms: a theoretical and laboratory investigation," Journal of Regulatory Economics, Springer, vol. 52(3), pages 255-284, December.
    55. Lampach, Nicolas & Wijtvliet, Wessel & Dyevre, Arthur, 2020. "Merchant hubs and spatial disparities in the private enforcement of international trade regimes," International Review of Law and Economics, Elsevier, vol. 64(C).
    56. Gerard, David, 2000. "The law and economics of reclamation bonds," Resources Policy, Elsevier, vol. 26(4), pages 189-197, December.
    57. A. Mitchell Polinsky & Steven Shavell, 2005. "Economic Analysis of Law," Discussion Papers 05-005, Stanford Institute for Economic Policy Research.
    58. Elizabeth Robinson, 2004. "Wanted dead and alive: Are hunting and protection of endangered species compatible?," Development and Comp Systems 0409066, University Library of Munich, Germany.
    59. Bernard Sinclair-Desgagné, 2000. "Environmental Risk Management and the Business Firm," CIRANO Working Papers 2000s-23, CIRANO.
    60. Andrew Samuel & Amy Farmer & Fabio Mendez, 2020. "Optimal regulation under imperfect enforcement: Permits, tickets, or both?," Scottish Journal of Political Economy, Scottish Economic Society, vol. 67(4), pages 420-441, September.
    61. Steven Shavell, 2005. "Liability for Accidents," NBER Working Papers 11781, National Bureau of Economic Research, Inc.
    62. Azmat Gani, 2018. "Contract Enforcement and Trade," Journal of Industry, Competition and Trade, Springer, vol. 18(1), pages 107-119, March.
    63. Steven Shavell, 2010. "The Corrective Tax versus Liability As Solutions to the Problem of Harmful Externalities," NBER Working Papers 16235, National Bureau of Economic Research, Inc.
    64. Steven Shavell, 2003. "Economic Analysis of the General Structure of the Law," NBER Working Papers 9699, National Bureau of Economic Research, Inc.
    65. Friehe, Tim & Tabbach, Avraham, 2013. "Preventive enforcement," International Review of Law and Economics, Elsevier, vol. 35(C), pages 1-12.
    66. Naso, Pedro & Bulte, Erwin & Swanson, Tim, 2020. "Legal pluralism in post-conflict Sierra Leone," European Journal of Political Economy, Elsevier, vol. 61(C).
    67. Thomas J. Miceli, 2021. "Crime as exchange: comparing alternative economic theories of criminal justice," European Journal of Law and Economics, Springer, vol. 51(3), pages 523-539, June.
    68. Friehe, Tim & Tabbach, Avraham, 2018. "A comparison of simple action-based and outcome-based policies for emergency-like situations," Mathematical Social Sciences, Elsevier, vol. 92(C), pages 22-34.
    69. Kai Huschelrath & Sebastian Peyer, 2013. "Public and Private Enforcement of Competition Law A Differentiated Approach," Working Paper series, University of East Anglia, Centre for Competition Policy (CCP) 2013-05, Centre for Competition Policy, University of East Anglia, Norwich, UK..
    70. Hüschelrath, Kai & Peyer, Sebastian, 2013. "Public and private enforcement of competition law: A differentiated approach," ZEW Discussion Papers 13-029, ZEW - Leibniz Centre for European Economic Research.
    71. Walter A Cont, 2001. "Essays on Contract Design: Delegation and Agency Problems, and Monitoring Under Collusion," Levine's Working Paper Archive 625018000000000122, David K. Levine.
    72. Philip Bond, 2004. "Optimal plaintiff incentives when courts are imperfect," 2004 Meeting Papers 723, Society for Economic Dynamics.
    73. Bonaventura, Luigi & Orlando, Danilo, 2007. "Enforcement of Regulation, Irregular Sector, and Firm Performance," MPRA Paper 14686, University Library of Munich, Germany.
    74. Germani, Anna Rita & Morone, Andrea & Morone, Piergiuseppe, 2009. "Investigating Discretionary Environmental Enforcement: a pilot experiment," MPRA Paper 12735, University Library of Munich, Germany.
    75. Louis Kaplow, 2017. "Optimal Regulation with Exemptions," NBER Working Papers 23887, National Bureau of Economic Research, Inc.
    76. A. Mitchell Polinsky & Steven Shavell, 1999. "The Economic Theory of Public Enforcement of Law," NBER Working Papers 6993, National Bureau of Economic Research, Inc.
    77. Harold Houba & Evgenia Motchenkova & Quan Wen, 2013. "Legal Principles in Antitrust Enforcement," Tinbergen Institute Discussion Papers 13-178/II, Tinbergen Institute.
    78. Finn Jøgensen & Tore Wentzel-Larsen, 2002. "Car drivers' willingness to pay for not losing their driving licence," Transportation, Springer, vol. 29(3), pages 271-286, August.
    79. Goeschl, Timo & Jürgens, Ole, 2012. "Explaining uniformity in rule design: The role of citizen participation in enforcement," International Review of Law and Economics, Elsevier, vol. 32(1), pages 166-177.
    80. Thomas Blondiau & Carole M. Billiet & Sandra Rousseau, 2015. "Comparison of criminal and administrative penalties for environmental offenses," European Journal of Law and Economics, Springer, vol. 39(1), pages 11-35, February.
    81. Cooper, Bethany & Rose, John & Crase, Lin, 2012. "Does anybody like water restrictions? Some observation in Australian urban communities," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 56(01), pages 1-21, March.
    82. Gila Albert & Dimitry Bukchin & Tomer Toledo, 2021. "Evaluation of a Public Technology-Based Traffic Enforcement Program," Sustainability, MDPI, vol. 13(21), pages 1-13, October.
    83. Bernard Sinclair-Desgagné & Carel Vachon, 1999. "Dealing with Major Technological Risks," CIRANO Working Papers 99s-29, CIRANO.
    84. Doyle, Chris & Smith, Jennifer C., "undated". "Crime and Drugs: An Economic Approach," Economic Research Papers 268746, University of Warwick - Department of Economics.

  20. Polinsky, A Mitchell & Shavell, Steven, 1992. "Enforcement Costs and the Optimal Magnitude and Probability of Fines," Journal of Law and Economics, University of Chicago Press, vol. 35(1), pages 133-148, April.
    See citations under working paper version above.
  21. Kaplow, Louis & Shavell, Steven, 1992. "Private versus Socially Optimal Provision of Ex Ante Legal Advice," The Journal of Law, Economics, and Organization, Oxford University Press, vol. 8(2), pages 306-320, April.
    See citations under working paper version above.
  22. Shavell, Steven, 1992. "Liability and the Incentive to Obtain Information about Risk," The Journal of Legal Studies, University of Chicago Press, vol. 21(2), pages 259-270, June.

    Cited by:

    1. Faure, Michael & Fenn, Paul, 1999. "Retroactive liability and the insurability of long-tail risks," International Review of Law and Economics, Elsevier, vol. 19(4), pages 487-500, December.
    2. Giovanni Immordino & Michele Polo, 2012. "Antitrust in Innovative Industries: the Optimal Legal Standards," Working Papers 434, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University.
    3. Haitao Yin & Alex Pfaff & Howard Kunreuther, 2011. "Can Environmental Insurance Succeed Where Other Strategies Fail? The Case of Underground Storage Tanks," Risk Analysis, John Wiley & Sons, vol. 31(1), pages 12-24, January.
    4. Langlais, Eric, 2009. "les criminels aiment-ils le risque ? [Are criminals risk-seeking individulas ?]," MPRA Paper 14892, University Library of Munich, Germany.
    5. Donatella Porrini, 2005. "Environmental Policies Choice as an Issue of Informational Efficiency," Chapters, in: Jürgen G. Backhaus (ed.), The Elgar Companion to Law and Economics, Second Edition, chapter 23, Edward Elgar Publishing.
    6. Endres, Alfred & Bertram, Regina, 2006. "The development of care technology under liability law," International Review of Law and Economics, Elsevier, vol. 26(4), pages 503-518, December.
    7. Gérard Mondello, 2013. "Ambiguous Beliefs on Damages and Civil Liability Theories"," Post-Print halshs-00929948, HAL.
    8. Caroline Orset, 2014. "Innovation and the precautionary principle," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 23(8), pages 780-801, November.
    9. Julien Jacob & Caroline Orset, 2024. "Innovation, information, lobby and tort law under uncertainty," Working Papers of BETA 2024-02, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.
    10. Guiseppe Dari Mattiaci & F. Parisi, 2003. "The Economics of Tort Law: A Précis," Working Papers 03-13, Utrecht School of Economics.
    11. Requate, Till & Friehe, Tim & Sengupta, Aditi, 2023. "Liability and the incentive to improve information about risk when injurers may be judgment-proof," International Review of Law and Economics, Elsevier, vol. 76(C).
    12. Suurmond, Guido, 2007. "The effects of the enforcement strategy," MPRA Paper 21142, University Library of Munich, Germany.
    13. Andrea Castellano & Gustavo Ferro & Maximiliano Miranda Zanetti, 2023. "Product Liability: Detecting Potential Risks in New Products," CEMA Working Papers: Serie Documentos de Trabajo. 856, Universidad del CEMA.
    14. Giovanni Immordino & Michele Polo, 2013. "Public Policies in Investment Intensive Industries," Working Papers 507, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University.
    15. Friehe, Tim & Schulte, Elisabeth, 2017. "Uncertain product risk, information acquisition, and product liability," Economics Letters, Elsevier, vol. 159(C), pages 92-95.
    16. Goeschl, Timo & Pfrommer, Tobias, 2015. "Learning by Negligence - Torts, Experimentation, and the Value of Information," Working Papers 0598, University of Heidelberg, Department of Economics.
    17. Giovanni Immordino & Michele Polo, 2013. "Antitrust, Legal Standards and Investment," IEFE Working Papers 54, IEFE, Center for Research on Energy and Environmental Economics and Policy, Universita' Bocconi, Milano, Italy.
    18. Gérard Mondello, 2012. "The Equivalence of Strict Liability and Negligence Rule: A " Trompe l'œil " Perspective," Post-Print hal-00727223, HAL.
    19. Diego M. Papayannis, 2016. "El derecho privado como cuestión pública. Serie de Teoría Jurídica y Filosofía del Derecho N.º 75," Books, Universidad Externado de Colombia, Facultad de Derecho, number 818.
    20. Cremer, Jacques & Khalil, Fahad & Rochet, Jean-Charles, 1998. "Strategic Information Gathering before a Contract Is Offered," Journal of Economic Theory, Elsevier, vol. 81(1), pages 163-200, July.
    21. Baumann, Florian & Friehe, Tim, 2016. "Learning-by-doing in torts: Liability and information about accident technology," Economics Letters, Elsevier, vol. 138(C), pages 1-4.
    22. Michael Faure, 2009. "Environmental Liability," Chapters, in: Michael Faure (ed.), Tort Law and Economics, chapter 10, Edward Elgar Publishing.
    23. Gérard Mondello, 2015. "Civil liability, Knight's UnCertainty and non-diCtatorial regUlator Documents de travail GREDEG GREDEG Working Papers Series," Working Papers hal-01251437, HAL.
    24. Étienne Billette de Villemeur & Justin Leroux, 2018. "Tradable Climate Liabilities: A Thought Experiment," CIRANO Working Papers 2018s-43, CIRANO.
    25. Baumann, Florian & Heine, Klaus, 2012. "Innovation, tort law, and competition," DICE Discussion Papers 78, Heinrich Heine University Düsseldorf, Düsseldorf Institute for Competition Economics (DICE).
    26. Dong Yan & Paolo Davide Farah & Ivana Gaskova & Carlo Vittorio Giabardo, 2020. "Evaluating China’s Environmental Management and Risks Avoidance Policies and Regulations on Offshore Methane Hydrate Extraction," Sustainability, MDPI, vol. 12(13), pages 1-15, July.
    27. Vicki M. Bier & Shi‐Woei Lin, 2013. "Should the Model for Risk‐Informed Regulation be Game Theory Rather than Decision Theory?," Risk Analysis, John Wiley & Sons, vol. 33(2), pages 281-291, February.
    28. Giovanni Immordino & Michele Polo, 2011. "Optimal Legal Standards in Antitrust: Traditional v. Innovative Industries," Working Papers 420, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University.
    29. Gérard Mondello, 2012. "La responsabilité environnementale des prêteurs : difficultés juridiques et ensemble des possibles," L'Actualité Economique, Société Canadienne de Science Economique, vol. 88(2), pages 257-278.
    30. Lin, Shi-Woei, 2010. "Self-reporting mechanism for risk regulation," Journal of Business Research, Elsevier, vol. 63(5), pages 528-534, May.
    31. Shu Li & Michael Faure, 2025. "The insurability of AI-related risks: implications from the recent legislation in the European Union," The Geneva Papers on Risk and Insurance - Issues and Practice, Palgrave Macmillan;The Geneva Association, vol. 50(3), pages 524-544, July.

  23. Shavell, Steven, 1991. "Specific versus General Enforcement of Law," Journal of Political Economy, University of Chicago Press, vol. 99(5), pages 1088-1108, October.
    See citations under working paper version above.
  24. Bebchuk, Lucian Ayre & Shavell, Steven, 1991. "Information and the Scope of Liability for Breach of Contract: The Rule of Hadley vs. Baxendale," The Journal of Law, Economics, and Organization, Oxford University Press, vol. 7(2), pages 284-312, Fall.
    See citations under working paper version above.
  25. Shavell, Steven, 1991. "An Economic Analysis of Altruism and Deferred Gifts," The Journal of Legal Studies, University of Chicago Press, vol. 20(2), pages 401-421, June.

    Cited by:

    1. Lau, M. W., 2011. "The Economic Structure of Trusts: Towards a Property-based Approach," OUP Catalogue, Oxford University Press, number 9780199602407.

  26. Polinsky, A Mitchell & Shavell, Steven, 1991. "A Note on Optimal Fines When Wealth Varies among Individuals," American Economic Review, American Economic Association, vol. 81(3), pages 618-621, June.
    See citations under working paper version above.
  27. Shavell, Steven, 1990. "Deterrence and the Punishment of Attempts," The Journal of Legal Studies, University of Chicago Press, vol. 19(2), pages 435-466, June.

    Cited by:

    1. C. McDougall & M. Cohen & R. Swaray & A. Perry, 2008. "Benefit‐Cost Analyses of Sentencing," Campbell Systematic Reviews, John Wiley & Sons, vol. 4(1), pages 1-86.
    2. Garoupa, Nuno & Obidzinski, Marie, 2006. "The Scope of Punishment: An Economic Theory of Harm-Based vs. Act-Based Sanctions," CEPR Discussion Papers 5899, C.E.P.R. Discussion Papers.
    3. Bowles, Roger & Faure, Michael & Garoupa, Nuno, 2000. "Economic analysis of the removal of illegal gains," International Review of Law and Economics, Elsevier, vol. 20(4), pages 537-549, December.
    4. Mungan, Murat C., 2011. "Welfare enhancing regulation exemptions," International Review of Law and Economics, Elsevier, vol. 31(4), pages 249-255.
    5. Mungan, Murat C., 2017. "Reducing crime through expungements," Journal of Economic Behavior & Organization, Elsevier, vol. 137(C), pages 398-409.
    6. Benzion Barlev & Haim Levy, 1996. "Misuse And Optimum Inspecting Strategy In Agency Problems," Metroeconomica, Wiley Blackwell, vol. 47(1), pages 82-104, February.
    7. Mungan, Murat C., 2012. "Don’t Say You’re Sorry Unless You Mean It: Pricing apologies to achieve credibility," International Review of Law and Economics, Elsevier, vol. 32(1), pages 178-187.
    8. Murat C. Mungan & Jonathan Klick, 2014. "Forfeiture of Illegal Gains, Attempts, and Implied Risk Preferences," The Journal of Legal Studies, University of Chicago Press, vol. 43(1), pages 137-153.
    9. Friehe, Tim & Tabbach, Avraham, 2013. "Preventive enforcement," International Review of Law and Economics, Elsevier, vol. 35(C), pages 1-12.
    10. Mungan, Murat C., 2015. "Wrongful convictions and the punishment of attempts," International Review of Law and Economics, Elsevier, vol. 42(C), pages 79-87.
    11. Nuno Garoupa & Jonathan Klick & Francesco Parisi, 2006. "A law and economics perspective on terrorism," Public Choice, Springer, vol. 128(1), pages 147-168, July.
    12. Lambsdorff, Johann & Nell, Mathias, 2007. "Fighting corruption with asymmetric penalties and leniency," University of Göttingen Working Papers in Economics 59, University of Goettingen, Department of Economics.

  28. Polinsky, A Mitchell & Shavell, Steven, 1989. "Legal Error, Litigation, and the Incentive to Obey the Law," The Journal of Law, Economics, and Organization, Oxford University Press, vol. 5(1), pages 99-108, Spring.

    Cited by:

    1. Demougin, Dominique & Fluet, Claude, 2006. "Preponderance of evidence," European Economic Review, Elsevier, vol. 50(4), pages 963-976, May.
    2. Lando Henrik, 2009. "Prevention of Crime and the Optimal Standard of Proof in Criminal Law," Review of Law & Economics, De Gruyter, vol. 5(1), pages 33-52, January.
    3. Cedomir GLIGORIC & Milos PAVLOVIC & Jana CVIJIC RODIC & Sanja DONCIC & Nikola VUJANOVIC, 2023. "Some Aspects of Economic Analysis of Out-of-court Settlement in the Dispute of Negative Expected Value – Case of Republic of Serbia," Business & Management Compass, University of Economics Varna, issue 1, pages 80-95.
    4. Anastasia A. Morosanova, 2023. "Strengthening personal data regulation in Russia: Economic implications and risks," Upravlenets, Ural State University of Economics, vol. 14(5), pages 29-46, November.
    5. Natalia Pavlova & Andrey Shastitko, 2014. "Effects Of Hostility Tradition In Antitrust: Leniency Programs And Cooperation Agreements," HSE Working papers WP BRP 58/EC/2014, National Research University Higher School of Economics.
    6. Albert Choi & George Triantis, 2008. "Completing Contracts in the Shadow of Costly Verification," The Journal of Legal Studies, University of Chicago Press, vol. 37(2), pages 503-534, June.
    7. Claude Fluet, 2010. "L’économie de la preuve judiciaire," L'Actualité Economique, Société Canadienne de Science Economique, vol. 86(4), pages 451-486.
    8. Sven Hoeppner & Laura Lyhs, 2016. "Behavior Under Vague Standards: Evidence from the Laboratory," Jena Economics Research Papers 2016-010, Friedrich-Schiller-University Jena.
    9. Yee, Kenton K, 2005. "Control Premiums, Minority Discounts, and Optimal Judicial Valuation," Journal of Law and Economics, University of Chicago Press, vol. 48(2), pages 517-548, October.
    10. Lando, Henrik, 2000. "The Optimal Standard of Proof in Criminal Law When Both Fairness and Deterrence Matter," Working Papers 2000-7, Copenhagen Business School, Department of Finance.
    11. Arndt Christiansen & Wolfgang Kerber, 2006. "Competition Policy With Optimally Differentiated Rules Instead Of “Per Se Rules Vs Rule Of Reason”," Journal of Competition Law and Economics, Oxford University Press, vol. 2(2), pages 215-244.
    12. Anja Olbrich, 2008. "The optimal negligence standard in health care under supply-side cost sharing," International Journal of Health Economics and Management, Springer, vol. 8(2), pages 73-85, June.
    13. Aspasia Tsaoussi & Eleni Zervogianni, 2010. "Judges as satisficers: a law and economics perspective on judicial liability," European Journal of Law and Economics, Springer, vol. 29(3), pages 333-357, June.
    14. Beckner, Clinton III & Katz, Avery, 1995. "The incentive effects of litigation fee shifting when legal standards are uncertain," International Review of Law and Economics, Elsevier, vol. 15(2), pages 205-224, June.
    15. Marie Obidzinski & Yves Oytana, 2017. "How does the probability of wrongful conviction affect the standard of proof?," Working Papers hal-01462844, HAL.
    16. Tim Reuter, 2013. "Endogenous Cartel Organization and Antitrust Fine Discrimination," Working Paper Series of the Department of Economics, University of Konstanz 2013-09, Department of Economics, University of Konstanz.
    17. Kaplow, Louis, 2017. "Optimal design of private litigation," Journal of Public Economics, Elsevier, vol. 155(C), pages 64-73.
    18. Louis Kaplow & Steven Shavell, 1993. "Accuracy in the Assessment of Damages," NBER Working Papers 4287, National Bureau of Economic Research, Inc.
    19. Claude Denys Fluet, 2002. "Enforcing Contracts: Should Courts Seek the Truth?," CIRANO Working Papers 2002s-76, CIRANO.
    20. Yves Oytana & Nathalie Chappe, 2016. "Expert opinion in a tort litigation game," Working Papers 2016-13, CRESE.
    21. Qi Zhou, 2009. "Economic analysis of the legal standard for deceit in English tort law," European Journal of Law and Economics, Springer, vol. 28(1), pages 83-102, August.
    22. Ram Singh, 2001. "Effects of Courts' Errors on Efficiency of Liability Rules: When Individuals are Imperfectly Informed," Working papers 97, Centre for Development Economics, Delhi School of Economics.
    23. Bhole, Bharat, 2007. "Due-care standards in a market setting with legal error," International Review of Law and Economics, Elsevier, vol. 27(2), pages 154-169.
    24. Gérard Mondello, 2017. "Lenders and Risky Activities: Strict Liability or Negligence Rule?," GREDEG Working Papers 2017-13, Groupe de REcherche en Droit, Economie, Gestion (GREDEG CNRS), Université Côte d'Azur, France.
    25. Honigsberg, Colleen & Jacob, Matthew, 2021. "Deleting misconduct: The expungement of BrokerCheck records," Journal of Financial Economics, Elsevier, vol. 139(3), pages 800-831.
    26. Nakao Keisuke & Tsumagari Masatoshi, 2012. "The Inquisitor Judge's Trilemma," Review of Law & Economics, De Gruyter, vol. 8(1), pages 137-159, May.
    27. Olbrich, Anja, 2008. "Heterogeneous physicians, lawsuit costs, and the negligence rule," International Review of Law and Economics, Elsevier, vol. 28(1), pages 78-88, March.
    28. Bruno Deffains & Claude Fluet, 2013. "The Role of Social Image Concerns in the Design of Legal Regimes," Cahiers de recherche 1321, CIRPEE.
    29. Dominique Demougin & Claude Fluet, 2004. "Deterrence vs Judicial Error: a Comparative View of Standards of Proof," Cahiers de recherche 0418, CIRPEE.
    30. Lewis, Tracy R. & Sappington, David E. M., 1999. "Using decoupling and deep pockets to mitigate judgment-proof problems1," International Review of Law and Economics, Elsevier, vol. 19(2), pages 275-293, June.
    31. Lang, Matthias, 2017. "Legal uncertainty as a welfare enhancing screen," European Economic Review, Elsevier, vol. 91(C), pages 274-289.
    32. Kaplow, Louis & Shavell, Steven, 1994. "Accuracy in the Determination of Liability," Journal of Law and Economics, University of Chicago Press, vol. 37(1), pages 1-15, April.
    33. Ajit Mishra & Andrew Samuel, 2018. "Law Enforcement And Wrongful Arrests With Endogenously (In)Competent Officers," Economic Inquiry, Western Economic Association International, vol. 56(2), pages 1417-1436, April.
    34. Pavlova, Natalia & Shastitko, Andrey, 2016. "Leniency programs and socially beneficial cooperation: Effects of type I errors," Russian Journal of Economics, Elsevier, vol. 2(4), pages 375-401.
    35. Bose, Pinaki, 1995. "Regulatory errors, optimal fines and the level of compliance," Journal of Public Economics, Elsevier, vol. 56(3), pages 475-484, March.
    36. Heaton, J.B., 2018. "Risk aversion as risk-neutral pessimism: A simple proof," International Review of Law and Economics, Elsevier, vol. 56(C), pages 70-72.
    37. Lando, Henrik & Mungan, Murat C., 2018. "The effect of type-1 error on deterrence," International Review of Law and Economics, Elsevier, vol. 53(C), pages 1-8.
    38. Ram Singh, 2001. "Efficient Liability Rules When Courts Make Errors in Estimation of the Harm : Complete Characterization," Working papers 99, Centre for Development Economics, Delhi School of Economics.
    39. Ikeda Yasuhiro & Mori Daisuke, 2015. "Can Decoupling Punitive Damages Deter an Injurer’s Harmful Activity?," Review of Law & Economics, De Gruyter, vol. 11(3), pages 513-528, November.
    40. Bernardo Guimaraes & Bruno Meyerhof Salama, 2017. "Contingent Judicial Deference: theory and application to usury laws," Discussion Papers 1729, Centre for Macroeconomics (CFM).
    41. Baum Ido & Feess Eberhard & Wohlschlegel Ansgar, 2009. "Reporter's Privilege and Incentives to Leak," Review of Law & Economics, De Gruyter, vol. 5(1), pages 701-715, November.
    42. A. Mitchell Polinsky & Yeon-Koo Che, 1991. "Decoupling Liability: Optimal Incentives for Care and Litigation," NBER Working Papers 3634, National Bureau of Economic Research, Inc.
    43. Rasmusen, Eric, 1995. "Predictable and unpredictable error in tort awards: The effect of plaintiff self-selection and signaling," International Review of Law and Economics, Elsevier, vol. 15(3), pages 323-345, September.
    44. Gérard Mondello, 2021. "Lenders' liability and ultra-hazardous activities," Post-Print halshs-03502693, HAL.
    45. Kirstein, Roland & Schmidtchen, Dieter, 1997. "Judicial detection skill and contractual compliance," International Review of Law and Economics, Elsevier, vol. 17(4), pages 509-520, December.
    46. Eric Rasmusen, 1995. "``Predictable and Unpredictable Error in Tort Awards: The Effect of Plaintiff Self Selection and Signalling,''," Law and Economics 9506003, University Library of Munich, Germany.
    47. Fluet, Claude, 2010. "Liability rules under evidentiary uncertainty," International Review of Law and Economics, Elsevier, vol. 30(1), pages 1-9, March.
    48. Jost, Peter-J., 1996. "Limited liability and the requirement to purchase insurance," International Review of Law and Economics, Elsevier, vol. 16(2), pages 259-276, June.
    49. Hylton, Keith N., 2002. "An asymmetric-information model of litigation," International Review of Law and Economics, Elsevier, vol. 22(2), pages 153-175, August.
    50. Lauren Cohen & Umit G. Gurun & Scott Duke Kominers, 2019. "Patent Trolls: Evidence from Targeted Firms," Management Science, INFORMS, vol. 65(12), pages 5461-5486, December.
    51. Schmidt André & Voigt Stefan, 2007. "Bessere europäische Wettbewerbspolitik durch den „more economic approach“ ? Einige Fragezeichen nach den ersten Erfahrungen / Does the more economic approach lead to a better competition policy? Some question marks after the first experiences," ORDO. Jahrbuch für die Ordnung von Wirtschaft und Gesellschaft, De Gruyter, vol. 58(1), pages 33-50, January.
    52. Shmuel Leshem & Geoffrey P. Miller, 2009. "All-or-Nothing versus Proportionate Damages," The Journal of Legal Studies, University of Chicago Press, vol. 38(2), pages 345-382, June.
    53. Ognedal,T., 2001. "Should the standard of evidence be lowered to reduce crime?," Memorandum 32/2001, Oslo University, Department of Economics.
    54. Dominique Demougin & Claude Fluet, 2000. "Prepondeance of the Evidence: Tort Rules and the Efficient Standard of Proof," Cahiers de recherche CREFE / CREFE Working Papers 120, CREFE, Université du Québec à Montréal.
    55. Guimaraesy, Bernardo & Meyerhof Salama, Bruno, 2017. "Contingent judicial deference: theory and application to usury laws," LSE Research Online Documents on Economics 86146, London School of Economics and Political Science, LSE Library.
    56. Ronald R. King & Rachel Schwartz, 1999. "Legal Penalties and Audit Quality: An Experimental Investigation," Contemporary Accounting Research, John Wiley & Sons, vol. 16(4), pages 685-710, December.
    57. Guimaraes, Bernardo & Salama, Bruno Meyerhof, 2021. "Permitting prohibitions," Textos para discussão 544, FGV EESP - Escola de Economia de São Paulo, Fundação Getulio Vargas (Brazil).

  29. Steven Shavell, 1989. "Sharing of Information Prior to Settlement or Litigation," RAND Journal of Economics, The RAND Corporation, vol. 20(2), pages 183-195, Summer.

    Cited by:

    1. Polo, Michele & Motta, Massimo, 2000. "Leniency Programs and Cartel Prosecution," CEPR Discussion Papers 2349, C.E.P.R. Discussion Papers.
    2. Giuseppe Dari-Mattiacci & Bruno Deffains, 2006. "Uncertainty of Law and the Legal Process," Working Papers of BETA 2006-11, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.
    3. Stefan Wielenberg, 2001. "Strategisches Verhalten bei der Unternehmenssanierung durch außergerichtlichen Vergleich," Schmalenbach Journal of Business Research, Springer, vol. 53(6), pages 605-631, September.
    4. Baumann, Florian & Friehe, Tim, 2014. "On discovery, restricting lawyers, and the settlement rate," DICE Discussion Papers 155, Heinrich Heine University Düsseldorf, Düsseldorf Institute for Competition Economics (DICE).
    5. Bruno Deffains & Eric Langlais, 2011. "Informational externalities and settlements in mass tort litigations," European Journal of Law and Economics, Springer, vol. 32(2), pages 241-262, October.
    6. Madhav S. Aney, 2012. "Conflict with Quitting Rights: A Mechanism Design Approach," Working Papers 18-2012, Singapore Management University, School of Economics.
    7. Gregor Martin, 2015. "To Invite or Not to Invite a Lobby, That Is the Question," The B.E. Journal of Theoretical Economics, De Gruyter, vol. 15(2), pages 143-166, July.
    8. Amy Farmer & Paul Pecorino, 2007. "Negative Expected Value Suits in a Signaling Model," Southern Economic Journal, John Wiley & Sons, vol. 74(2), pages 434-447, October.
    9. Amy Farmer & Paul Pecorino, 2013. "Discovery and Disclosure with Asymmetric Information and Endogenous Expenditure at Trial," The Journal of Legal Studies, University of Chicago Press, vol. 42(1), pages 223-247.
    10. Jack Hirshleifer & Evan Osborne, 1996. "The Legal Battle," UCLA Economics Working Papers 749, UCLA Department of Economics.
    11. Jost, Peter-J., 1995. "Disclosure of Information and Incentives for Care," International Review of Law and Economics, Elsevier, vol. 15(1), pages 65-85, January.
    12. Amy Farmer & Paul Pecorino, 2005. "Civil Litigation with Mandatory Discovery and Voluntary Transmission of Private Information," The Journal of Legal Studies, University of Chicago Press, vol. 34(1), pages 137-159, January.
    13. Pecorino, Paul & Van Boening, Mark, 2015. "Costly voluntary disclosure in a screening game," International Review of Law and Economics, Elsevier, vol. 44(C), pages 16-28.
    14. Friehe, Tim & Gabuthy, Yannick & Lambert, Eve-Angéline, 2020. "Settlement implications of lawyer advertising," International Review of Law and Economics, Elsevier, vol. 61(C).
    15. Farmer, Amy & Pecorino, Paul, 2022. "Discovery in a screening model of final offer arbitration," International Review of Law and Economics, Elsevier, vol. 69(C).
    16. Choné, Philippe & Linnemer, Laurent, 2010. "Optimal litigation strategies with observable case preparation," Games and Economic Behavior, Elsevier, vol. 70(2), pages 271-288, November.
    17. Osborne, Evan, 1999. "Who should be worried about asymmetric information in litigation?," International Review of Law and Economics, Elsevier, vol. 19(3), pages 399-409, September.
    18. Ayouni, Mehdi & Friehe, Tim & Gabuthy, Yannick, 2023. "Asking for information prior to settlement or trial when misrepresentation of evidence is possible," Mathematical Social Sciences, Elsevier, vol. 121(C), pages 26-35.
    19. Paul Milgrom & John Roberts, 2010. "Rationalizability, Learning, and Equilibrium in Games with Strategic Complements," Levine's Working Paper Archive 449, David K. Levine.
    20. Pecorino Paul & Van Boening Mark, 2019. "Costly Voluntary Disclosure in a Signaling Game," Review of Law & Economics, De Gruyter, vol. 15(2), pages 1-32, July.
    21. Benoit, Jean-Pierre & Dubra, Juan, 2006. "Information revelation in auctions," Games and Economic Behavior, Elsevier, vol. 57(2), pages 181-205, November.
    22. Matteo Rizzolli & Margherita Saraceno, 2013. "Better that ten guilty persons escape: punishment costs explain the standard of evidence," Public Choice, Springer, vol. 155(3), pages 395-411, June.
    23. George Loewenstein & Don A. Moore, 2004. "When Ignorance Is Bliss: Information Exchange and Inefficiency in Bargaining," The Journal of Legal Studies, University of Chicago Press, vol. 33(1), pages 37-58, January.
    24. Florian Baumann & Tim Friehe, 2017. "On Adverse Effects of Consumers’ Attaching Greater Importance to Firms’ Ethical Conduct," Games, MDPI, vol. 8(3), pages 1-7, September.
    25. Langlais, Eric, 2005. "Indemnisation des préjudices et fréquence des procès en présence d'une asymétrie d'informaion sur l'aversion au risque des parties [Compensation of damages and frequency of trials with asymmetric information on preferences of litigant parties]," MPRA Paper 1150, University Library of Munich, Germany, revised 06 Nov 2006.
    26. Jesse Bull, 2013. "Interrogation and Evidence Fabrication," Working Papers 1303, Florida International University, Department of Economics.
    27. Friehe, Tim, 2009. "Screening accident victims," International Review of Law and Economics, Elsevier, vol. 29(3), pages 272-280, September.
    28. Virginia Rosales-López, 2008. "Economics of court performance: an empirical analysis," European Journal of Law and Economics, Springer, vol. 25(3), pages 231-251, June.
    29. Paul Pecorino & Mark Van Boening, 2004. "An Empirical Analysis of Bargaining with Voluntary Transmission of Private Information," The Journal of Legal Studies, University of Chicago Press, vol. 33(1), pages 131-156, January.
    30. Christopher C. Klein, 2007. "Anticompetitive Litigation and Antitrust Liability," Working Papers 200713, Middle Tennessee State University, Department of Economics and Finance.
    31. Doornik, Katherine, 2014. "A rationale for mediation and its optimal use," International Review of Law and Economics, Elsevier, vol. 38(C), pages 1-10.
    32. Daniel P. Kessler & Daniel L. Rubinfeld, 2004. "Empirical Study of the Civil Justice System," NBER Working Papers 10825, National Bureau of Economic Research, Inc.
    33. A. Mitchell Polinsky & Steven Shavell, 2005. "Economic Analysis of Law," Discussion Papers 05-005, Stanford Institute for Economic Policy Research.
    34. Henry S. Farber & Michelle J. White, 1990. "Medical Malpractice: An Empirical Examination of the Litigation Process," NBER Working Papers 3428, National Bureau of Economic Research, Inc.
    35. Farmer, Amy & Pecorino, Paul, 2017. "Litigation with judgment proof defendants," International Review of Law and Economics, Elsevier, vol. 49(C), pages 1-9.
    36. Richard Boylan & Cheryl Xiaoning Long, 2000. "Size, Monitoring and Plea Rate: An Examination of United States Attorneys," Econometric Society World Congress 2000 Contributed Papers 0089, Econometric Society.
    37. Yang, Bill Z., 1996. "Litigation, experimentation, and reputation," International Review of Law and Economics, Elsevier, vol. 16(4), pages 491-502, December.
    38. Philippe Choné & Saïd Souam & Arnold Vialfont, 2012. "Commitments in Antitrust," EconomiX Working Papers 2012-9, University of Paris Nanterre, EconomiX.
    39. Deffains, Bruno & Langlais, Eric, 2007. "Informational externalities and informational sharing in class action suits," MPRA Paper 4846, University Library of Munich, Germany.
    40. Kuo‐Chang Huang, 2008. "How Legal Representation Affects Case Outcomes: An Empirical Perspective from Taiwan," Journal of Empirical Legal Studies, John Wiley & Sons, vol. 5(2), pages 197-238, June.
    41. Morgan Westéus, 2014. "Settlement probability asymmetries in the Swedish Labour Court," European Journal of Law and Economics, Springer, vol. 38(3), pages 485-512, December.
    42. Inés Macho-Stadler & David Pérez-Castrillo, 2001. "Settlement in Tax Evasion Prosecution," UFAE and IAE Working Papers 495.01, Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC).
    43. Bag, Parimal Kanti, 2003. "Unraveling in first-price auction," Games and Economic Behavior, Elsevier, vol. 43(2), pages 312-321, May.
    44. Farmer, Amy & Tiefenthaler, Jill, 2001. "Conflict in divorce disputes: the determinants of pretrial settlement," International Review of Law and Economics, Elsevier, vol. 21(2), pages 157-180, June.
    45. E. Agliardi, 2009. "The fuzzy value of patent litigation under imprecise information," Working Papers 677, Dipartimento Scienze Economiche, Universita' di Bologna.
    46. Andrew F. Daughety & Reinganum F. Reinganum, 2014. "Settlement and Trial: Selected Analyses of the Bargaining Environment," Vanderbilt University Department of Economics Working Papers 14-00005, Vanderbilt University Department of Economics.
    47. Gürtler, Oliver & Kräkel, Matthias, 2007. "Double-Sided Moral Hazard, Efficiency Wages and Litigation," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 214, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
    48. GAUTIER, Axel & PETIT, Nicolas, 2014. "Optimal enforcement of competition policy : the commitments procedure under uncertainty," LIDAM Discussion Papers CORE 2014063, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    49. Martin Gregor, 2014. "Receiver's access fee for a single sender," Working Papers IES 2014/17, Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies, revised May 2014.
    50. Garey Ramey & Joel Watson, 1999. "Contractual Intermediaries," Cowles Foundation Discussion Papers 1235, Cowles Foundation for Research in Economics, Yale University.
    51. Bull Jesse, 2008. "Costly Evidence Production and the Limits of Verifiability," The B.E. Journal of Theoretical Economics, De Gruyter, vol. 8(1), pages 1-28, July.
    52. Farmer, Amy & Pecorino, Paul, 2020. "Disclosure and Discovery with fairness," International Review of Law and Economics, Elsevier, vol. 62(C).
    53. Pecorino, Paul & Solomon, Michael & Van Boening, Mark, 2021. "Bargaining with voluntary transmission of private information: An experimental analysis of final offer arbitration," Journal of Economic Behavior & Organization, Elsevier, vol. 191(C), pages 334-366.
    54. Chopard, Bertrand & Cortade, Thomas & Langlais, Eric, 2010. "Trial and settlement negotiations between asymmetrically skilled parties," International Review of Law and Economics, Elsevier, vol. 30(1), pages 18-27, March.
    55. Andrew F. Daughety & Jennifer F. Reinganum, 1994. "Keeping Society in the Dark: On the Admissibility of Pretrial Negotiations As Evidence in Court," Game Theory and Information 9403008, University Library of Munich, Germany.
    56. Warren F. Schwartz & Abraham L. Wickelgren, 2009. "Credible discovery, settlement, and negative expected value suits," RAND Journal of Economics, RAND Corporation, vol. 40(4), pages 636-657, December.

  30. Shavell, Steven, 1988. "Legal Advice about Contemplated Acts: The Decision to Obtain Advice, Its Social Desirability, and Protection of Confidentiality," The Journal of Legal Studies, University of Chicago Press, vol. 17(1), pages 123-150, January.

    Cited by:

    1. Giuseppe Dari-Mattiacci & Bruno Deffains, 2006. "Uncertainty of Law and the Legal Process," Working Papers of BETA 2006-11, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.
    2. Diller, Markus & Kortebusch, Pia & Schneider, Georg & Sureth, Caren, 2015. "Boon or bane of advance tax rulings as a measure to mitigate tax uncertainty and foster investment," arqus Discussion Papers in Quantitative Tax Research 187, arqus - Arbeitskreis Quantitative Steuerlehre.
    3. Numa Garoupa, 1999. "Optimal Law Enforcement with Dissemination of Information," European Journal of Law and Economics, Springer, vol. 7(3), pages 183-196, May.
    4. Kate Krause, 2000. "Tax Complexity: Problem or Opportunity?," Public Finance Review, , vol. 28(5), pages 395-414, September.
    5. Anthony Ogus, 1998. "Regulatory Appraisal: A Neglected Opportunity for Law and Economics," European Journal of Law and Economics, Springer, vol. 6(1), pages 53-68, July.
    6. Louis Kaplow & Steven Shavell, 1991. "Private Versus Socially Optimal Provision of Ex Ante Legal Advice," NBER Working Papers 3868, National Bureau of Economic Research, Inc.
    7. Diller, Markus & Kortebusch, Pia & Schneider, Georg & Sureth, Caren, 2014. "Do investors request advance tax rulings to alleviate tax risk (and do tax authorities provide them)? A joint taxpayers' and tax authorities' view on investment behavior," arqus Discussion Papers in Quantitative Tax Research 167, arqus - Arbeitskreis Quantitative Steuerlehre.
    8. Baum Ido, 2007. "Corporate Attorney-Client Privilege: Who Represents the Corporation?," Review of Law & Economics, De Gruyter, vol. 3(1), pages 61-81, April.
    9. Markus Diller & Pia Kortebusch & Georg Schneider & Caren Sureth-Sloane, 2017. "Boon or Bane? Advance Tax Rulings as a Measure to Mitigate Tax Uncertainty and Foster Investment," European Accounting Review, Taylor & Francis Journals, vol. 26(3), pages 441-468, July.
    10. Louis Kaplow & Steven Shavell, 1989. "Legal Advice about Acts Already Commited," NBER Working Papers 3005, National Bureau of Economic Research, Inc.

  31. Shavell, Steven, 1987. "A Model of Optimal Incapacitation," American Economic Review, American Economic Association, vol. 77(2), pages 107-110, May.

    Cited by:

    1. Anna Rita Germani, 2007. "The Environmental Enforcement in the Civil and the Common Law Systems. A Case on the Economic Effects of Legal Institutions," Quaderni DSEMS 22-2007, Dipartimento di Scienze Economiche, Matematiche e Statistiche, Universita' di Foggia.
    2. Arandjelović, Ognjen, 2023. "Crime & Punishment: A Rethink," SocArXiv fkrb3_v1, Center for Open Science.
    3. Thomas J. Miceli, 2009. "Deterrence and Incapacitation Models of Criminal Punishment: Can the Twain Meet?," Working papers 2009-25, University of Connecticut, Department of Economics.
    4. Eide, Erling & Rubin, Paul H. & Shepherd, Joanna M., 2006. "Economics of Crime," Foundations and Trends(R) in Microeconomics, now publishers, vol. 2(3), pages 205-279, December.
    5. Langlais, Eric, 2009. "les criminels aiment-ils le risque ? [Are criminals risk-seeking individulas ?]," MPRA Paper 14892, University Library of Munich, Germany.
    6. Vollaard, B.A., 2010. "Preventing Crime through Selective Incapacitation," Discussion Paper 2010-141, Tilburg University, Center for Economic Research.
    7. Barbarino, Alessandro & Mastrobuoni, Giovanni, 2012. "The Incapacitation Effect of Incarceration: Evidence from Several Italian Collective Pardons," IZA Discussion Papers 6360, IZA Network @ LISER.
    8. Thomas J. Miceli, 2012. "Escalating Interest in Escalating Penalties," Working papers 2012-08, University of Connecticut, Department of Economics.
    9. Alice Guerra & Tore Nilssen, 2023. "Optimal sentencing with recurring crimes and adjudication errors," Journal of Economics, Springer, vol. 139(1), pages 33-42, June.
    10. Persson, Mats & Siven, Claes-Henric, 2001. "Incentive and Incarceration Effects in a General Equilibrium Model of Crime," Seminar Papers 696, Stockholm University, Institute for International Economic Studies.
    11. Thomas J. Miceli, 2008. "Deterrence, Incapacitation, and Repeat Offenders," Working papers 2008-44, University of Connecticut, Department of Economics.
    12. Leshem Shmuel & Tabbach Avraham D., 2012. "Commitment versus Flexibility in Enforcement Games," The B.E. Journal of Theoretical Economics, De Gruyter, vol. 12(1), pages 1-42, May.
    13. D’Antoni, Massimo & Galbiati, Roberto, 2007. "A signaling theory of nonmonetary sanctions," International Review of Law and Economics, Elsevier, vol. 27(2), pages 204-218.
    14. Shavell, Steven, 2015. "A simple model of optimal deterrence and incapacitation," International Review of Law and Economics, Elsevier, vol. 42(C), pages 13-19.
    15. Benzion Barlev & Haim Levy, 1996. "Misuse And Optimum Inspecting Strategy In Agency Problems," Metroeconomica, Wiley Blackwell, vol. 47(1), pages 82-104, February.
    16. Jordi Blanes i Vidal & Tom Kirchmaier, 2015. "The Effect of Police Response Time on Crime Detection," CEP Discussion Papers dp1376, Centre for Economic Performance, LSE.
    17. Ullman, Darin F., 2016. "Locked and not loaded: First time offenders and state ignition interlock programs," International Review of Law and Economics, Elsevier, vol. 45(C), pages 1-13.
    18. Peter Wijck, 2013. "The economics of pre-crime interventions," European Journal of Law and Economics, Springer, vol. 35(3), pages 441-458, June.
    19. Aurelie Ouss & Alexander Peysakhovich, 2015. "When Punishment Doesn't Pay: "Cold Glow" and Decisions to Punish," Journal of Law and Economics, University of Chicago Press, vol. 58(3).
    20. Friehe, Tim & Tabbach, Avraham, 2013. "Preventive enforcement," International Review of Law and Economics, Elsevier, vol. 35(C), pages 1-12.
    21. Arandjelović, Ognjen, 2023. "Crime & Punishment: A Rethink," OSF Preprints jsxcf, Center for Open Science.
    22. Bourgeon, Jean-Marc & Picard, Pierre, 2007. "Point-record driving licence and road safety: An economic approach," Journal of Public Economics, Elsevier, vol. 91(1-2), pages 235-258, February.
    23. Polinsky, A. Mitchell & Shavell, Steven, 1998. "On offense history and the theory of deterrence," International Review of Law and Economics, Elsevier, vol. 18(3), pages 305-324, September.
    24. Ann Dryden Witte & Robert Witt, 2001. "What We Spend and What We Get: Public and Private Provision of Crime Prevention," NBER Working Papers 8204, National Bureau of Economic Research, Inc.
    25. Miceli, Thomas J., 2010. "A model of criminal sanctions that incorporate both deterrence and incapacitation," Economics Letters, Elsevier, vol. 107(2), pages 205-207, May.
    26. Huttunen, Kristiina & Pekkala Kerr, Sari & Mälkönen, Ville, 2014. "The Effect of Rehabilitative Punishments on Juvenile Crime and Labor Market Outcomes," IZA Discussion Papers 8403, IZA Network @ LISER.
    27. Thomas J. Miceli, 2009. "Deterred or Detained? A Unified Model of Criminal Punishment," Working papers 2009-16, University of Connecticut, Department of Economics.
    28. Nuno Garoupa, 1997. "The economics of organized crime and optimal law enforcement," Economics Working Papers 246, Department of Economics and Business, Universitat Pompeu Fabra, revised Dec 1997.
    29. Volker Meier, 2001. "On Prison and Therapy," European Journal of Law and Economics, Springer, vol. 12(1), pages 47-56, July.

  32. Shavell, Steven, 1987. "The Optimal Use of Nonmonetary Sanctions as a Deterrent," American Economic Review, American Economic Association, vol. 77(4), pages 584-592, September.

    Cited by:

    1. Giannakas, Konstantinos & Fulton, Murray, 2000. "The economics of coupled farm subsidies under costly and imperfect enforcement," Agricultural Economics, Blackwell, vol. 22(1), pages 75-90, January.
    2. A. Mitchell Polinsky & Steven Shavell, 2005. "The Theory of Public Enforcement of Law," Discussion Papers 05-004, Stanford Institute for Economic Policy Research.
    3. Ambrus, Attila & Egorov, Georgy, 2017. "Delegation and nonmonetary incentives," Journal of Economic Theory, Elsevier, vol. 171(C), pages 101-135.
    4. Anna Rita Germani, 2007. "The Environmental Enforcement in the Civil and the Common Law Systems. A Case on the Economic Effects of Legal Institutions," Quaderni DSEMS 22-2007, Dipartimento di Scienze Economiche, Matematiche e Statistiche, Universita' di Foggia.
    5. A. Mitchell Polinsky & Steven Shavell, 2006. "Public Enforcement of Law," Discussion Papers 05-016, Stanford Institute for Economic Policy Research.
    6. Louis Kaplow & Steven Shavell, 2001. "Moral Rules and the Moral Sentiments: Toward a Theory of an Optimal Moral System," NBER Working Papers 8688, National Bureau of Economic Research, Inc.
    7. Kugler, Maurice & Verdier, Thierry & Zenou, Yves, 2005. "Organized crime, corruption and punishment," Journal of Public Economics, Elsevier, vol. 89(9-10), pages 1639-1663, September.
    8. Georges Dionne & Scott Harrington, 2017. "Insurance and Insurance Markets," Working Papers 17-2, HEC Montreal, Canada Research Chair in Risk Management.
    9. Steven Shavell, 2003. "Economic Analysis of Public Law Enforcement and Criminal Law," NBER Working Papers 9698, National Bureau of Economic Research, Inc.
    10. Di Tella, Rafael & Dubra, Juan, 2008. "Crime and punishment in the "American Dream"," Journal of Public Economics, Elsevier, vol. 92(7), pages 1564-1584, July.
    11. Gérard Mondello, 2013. "Ambiguous Beliefs on Damages and Civil Liability Theories"," Post-Print halshs-00929948, HAL.
    12. Carole Billiet & Sandra Rousseau, 2014. "How real is the threat of imprisonment for environmental crime?," European Journal of Law and Economics, Springer, vol. 37(2), pages 183-198, April.
    13. Ezra Friedman & Abraham Wickelgren, "undated". "Bayesian Juries and The Limits to Deterrence," Yale Law School John M. Olin Center for Studies in Law, Economics, and Public Policy Working Paper Series yale_lepp-1008, Yale Law School John M. Olin Center for Studies in Law, Economics, and Public Policy.
    14. Nuno Garoupa, 2000. "Optimal magnitude and probability of fines," Economics Working Papers 454, Department of Economics and Business, Universitat Pompeu Fabra.
    15. Nadia Oliva & Andrea Pacella, 2016. "Does Firms¡¯ Social Responsibility Counteract Some Critical Effects of Labor Market Flexibility?," Journal of Management and Sustainability, Canadian Center of Science and Education, vol. 6(1), pages 109-120, March.
    16. Giannakas, Konstantinos, 2001. "The Economics Of Intellectual Property Rights Under Imperfect Enforcement: Developing Countries, Biotechnology And The Trips Agreement," EPTD Discussion Papers 16063, CGIAR, International Food Policy Research Institute (IFPRI).
    17. Kenneth Avio, 1998. "The Economics of Prisons," European Journal of Law and Economics, Springer, vol. 6(2), pages 143-175, September.
    18. Motta, Alberto & Burlando, Alfredo, 2007. "Self reporting reduces corruption in law enforcement," MPRA Paper 5332, University Library of Munich, Germany, revised 23 Jun 2007.
    19. Matteo Rizzolli & Margherita Saraceno, 2013. "Better that ten guilty persons escape: punishment costs explain the standard of evidence," Public Choice, Springer, vol. 155(3), pages 395-411, June.
    20. Jean Pinquet & Georges Dionne & Charles Vanasse & Mathieu Maurice, 2007. "Point-record incentives, asymmetric information and dynamic data," Working Papers hal-00243056, HAL.
    21. Rousseau, Sandra & Telle, Kjetil, 2010. "On the existence of the optimal fine for environmental crime," International Review of Law and Economics, Elsevier, vol. 30(4), pages 329-337, December.
    22. Alexander Klein, 2000. "Jail or Fine - Let Them Choose," Econometric Society World Congress 2000 Contributed Papers 0337, Econometric Society.
    23. Steven Shavell, 2014. "A Simple Model of Optimal Deterrence and Incapacitation," NBER Working Papers 20747, National Bureau of Economic Research, Inc.
    24. Matteo Rizzolli & Margherita Saraceno, 2009. "Better that X guilty persons escape than that one innocent suffer," Working Papers 168, University of Milano-Bicocca, Department of Economics, revised Jul 2009.
    25. Garoupa, Nuno & Klerman, Daniel, 2004. "Corruption and the optimal use of nonmonetary sanctions," International Review of Law and Economics, Elsevier, vol. 24(2), pages 219-225, June.
    26. Arguedas, Carmen & Rousseau, Sandra, 2012. "Learning about compliance under asymmetric information," Resource and Energy Economics, Elsevier, vol. 34(1), pages 55-73.
    27. Shavell, Steven, 2015. "A simple model of optimal deterrence and incapacitation," International Review of Law and Economics, Elsevier, vol. 42(C), pages 13-19.
    28. Konstantinos Giannakas, 2003. "Economics of export subsidies under costly and imperfect enforcement," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 47(4), pages 541-562, December.
    29. Georges Dionne & Jean Pinquet & Mathieu Maurice & Charles Vanasse, 2011. "Incentive Mechanisms for Safe Driving: A Comparative Analysis with Dynamic Data," The Review of Economics and Statistics, MIT Press, vol. 93(1), pages 218-227, February.
    30. Rousseau, Sandra, 2009. "The use of warnings in the presence of errors," International Review of Law and Economics, Elsevier, vol. 29(3), pages 191-201, September.
    31. Feess, Eberhard & Wohlschlegel, Ansgar, 2009. "Why higher punishment may reduce deterrence," Economics Letters, Elsevier, vol. 104(2), pages 69-71, August.
    32. Fender, John, 1999. "A general equilibrium model of crime and punishment," Journal of Economic Behavior & Organization, Elsevier, vol. 39(4), pages 437-453, July.
    33. Alon Harel & Zvi Safra & Uzi Segal, 2003. "Ex-Post Egalitarianism," Boston College Working Papers in Economics 563, Boston College Department of Economics.
    34. A. Mitchell Polinsky & Steven Shavell, 2005. "Economic Analysis of Law," Discussion Papers 05-005, Stanford Institute for Economic Policy Research.
    35. Dionne, Georges & Michaud, Pierre-Carl & Pinquet, Jean, 2013. "A review of recent theoretical and empirical analyses of asymmetric information in road safety and automobile insurance," Research in Transportation Economics, Elsevier, vol. 43(1), pages 85-97.
    36. Joanne Roberts, 2000. "Plea Bargaining with Budgetary Constraints and Deterrence," Working Papers jorob-00-01, University of Toronto, Department of Economics.
    37. Mungan, Murat C., 2012. "Don’t Say You’re Sorry Unless You Mean It: Pricing apologies to achieve credibility," International Review of Law and Economics, Elsevier, vol. 32(1), pages 178-187.
    38. BRYAN C. McCANNON, 2009. "Differentiating Between First And Repeat Offenses," Contemporary Economic Policy, Western Economic Association International, vol. 27(1), pages 76-85, January.
    39. Gérard Mondello, 2012. "The Equivalence of Strict Liability and Negligence Rule: A "Trompe l'oeil" Perspective," GREDEG Working Papers 2012-03, Groupe de REcherche en Droit, Economie, Gestion (GREDEG CNRS), Université Côte d'Azur, France.
    40. Giannakas Konstantinos & Fulton Murray, 2002. "Tough Love: Optimal Enforcement of Output Quotas in the Presence of Cheating," Journal of Agricultural & Food Industrial Organization, De Gruyter, vol. 1(1), pages 1-19, October.
    41. Rousseau Sandra, 2005. "The use of warnings when intended and measured emissions differ," Energy, Transport and Environment Working Papers Series ete0508, KU Leuven, Department of Economics - Research Group Energy, Transport and Environment.
    42. Michael Faure, 2009. "Environmental Liability," Chapters, in: Michael Faure (ed.), Tort Law and Economics, chapter 10, Edward Elgar Publishing.
    43. Torsten Steinrücken, 2004. "Sind härtere Strafen für Korruption erforderlich?: Ökonomische Überlegungen zur Sanktionierung illegaler Austauschbeziehungen," Vierteljahrshefte zur Wirtschaftsforschung / Quarterly Journal of Economic Research, DIW Berlin, German Institute for Economic Research, vol. 73(2), pages 301-317.
    44. Giannakas, Konstantinos, 2001. "The economics of intellectual property rights under imperfect enforcement: developing countries, biotechnology, and the TRIPs agreement," EPTD discussion papers 80, International Food Policy Research Institute (IFPRI).
    45. Gérard Mondello, 2015. "Civil liability, Knight's UnCertainty and non-diCtatorial regUlator Documents de travail GREDEG GREDEG Working Papers Series," Working Papers hal-01251437, HAL.
    46. Bourgeon, Jean-Marc & Picard, Pierre, 2007. "Point-record driving licence and road safety: An economic approach," Journal of Public Economics, Elsevier, vol. 91(1-2), pages 235-258, February.
    47. Rasmusen, Eric, 1995. "How optimal penalties change with the amount of harm," International Review of Law and Economics, Elsevier, vol. 15(1), pages 101-108, January.
    48. Bruno Deffains & Claude Fluet, 2015. "Social Norms and Legal Design," Cahiers de recherche 1520, CIRPEE.
    49. Jelnov, Artyom & Klunover, Doron, 2022. "Speed limits," Economics Letters, Elsevier, vol. 213(C).
    50. Romstad, Eirik & Alfnes, Frode, "undated". "Bidding behavior in environmental contract auctions with incomplete monitoring," 2011 International Congress, August 30-September 2, 2011, Zurich, Switzerland 115985, European Association of Agricultural Economists.
    51. Rousseau, Sandra, 2009. "Empirical Analysis of Sanctions for Environmental Offenses," International Review of Environmental and Resource Economics, now publishers, vol. 3(3), pages 161-194, December.
    52. Tsur, Yacov & de Gorter, Harry, 2012. "Dynamic regulation of nonpoint source pollution when the number of emitters is large," Discussion Papers 122124, Hebrew University of Jerusalem, Department of Agricultural Economics and Management.
    53. Stan Miles & Derek Pyne, 2015. "Deterring repeat offenders with escalating penalty schedules: a Bayesian approach," Economics of Governance, Springer, vol. 16(3), pages 229-250, August.
    54. Michael Faure & Karine Fiore, 2005. "An Economic Analysis of the French Nuclear Liability Subsidy," CAE Working Papers 35, Aix-Marseille Université, CERGAM.
    55. Nicolas Marceau & Steeve Mongrain, 1999. "Dissuader le crime : un survol," L'Actualité Economique, Société Canadienne de Science Economique, vol. 75(1), pages 123-147.
    56. Lambsdorff, Johann & Nell, Mathias, 2007. "Fighting corruption with asymmetric penalties and leniency," University of Göttingen Working Papers in Economics 59, University of Goettingen, Department of Economics.
    57. Hansen, Lars Garn & Romstad, Eirik, 2007. "Non-point source regulation -- A self-reporting mechanism," Ecological Economics, Elsevier, vol. 62(3-4), pages 529-537, May.
    58. Gérard Mondello, 2012. "La responsabilité environnementale des prêteurs : difficultés juridiques et ensemble des possibles," L'Actualité Economique, Société Canadienne de Science Economique, vol. 88(2), pages 257-278.
    59. Sergio Di Nola & Matteo Rizzolli, 2005. "Regole di tutela e sanzioni: il caso della patente a punti," LIUC Papers in Ethics, Law and Economics 173, Cattaneo University (LIUC).
    60. Dhammika Dharmapala & Nuno Garoupa, 2002. "Penalty Enhancement for Hate Crimes: An Economic Analysis," Working papers 2002-12, University of Connecticut, Department of Economics.

  33. Shavell, Steven, 1985. "Uncertainty over Causation and the Determination of Civil Liability," Journal of Law and Economics, University of Chicago Press, vol. 28(3), pages 587-609, October.
    See citations under working paper version above.
  34. Steven Shavell, 1984. "A Model of the Optimal Use of Liability and Safety Regulation," RAND Journal of Economics, The RAND Corporation, vol. 15(2), pages 271-280, Summer.

    Cited by:

    1. Miceli Thomas J. & Segerson Kathleen, 2013. "Liability versus Regulation for Dangerous Products When Consumers Vary in Their Susceptibility to Harm and May Misperceive Risk," Review of Law & Economics, De Gruyter, vol. 9(3), pages 341-355, December.
    2. Sunding, David L. & Zilberman, David, 1998. "Allocating Product Liability in a Multimarket Setting," International Review of Law and Economics, Elsevier, vol. 18(1), pages 1-11, March.
    3. Hutchinson, Emma & van 't Veld, Klaas, 2005. "Extended liability for environmental accidents: what you see is what you get," Journal of Environmental Economics and Management, Elsevier, vol. 49(1), pages 157-173, January.
    4. May Cheung & Jun Zhuang, 2012. "Regulation Games Between Government and Competing Companies: Oil Spills and Other Disasters," Decision Analysis, INFORMS, vol. 9(2), pages 156-164, June.
    5. Delhaye, E., 2006. "Traffic safety: Speed limits, strict liability and a km tax," Transportation Research Part A: Policy and Practice, Elsevier, vol. 40(3), pages 205-226, March.
    6. Romain Bizet & Petyo Bonev & François Lévêque, 2017. "Are older nuclear reactors less safe? Evidence from incident data in the French fleet," Working Papers hal-01695160, HAL.
    7. Claude Fluet, 1999. "Régulation des risques et insolvabilité : le rôle de la responsabilité pour faute en information imparfaite," L'Actualité Economique, Société Canadienne de Science Economique, vol. 75(1), pages 379-399.
    8. Gérard Mondello, 2021. "Strict Liability, Scarce Generic Input And Duopoly Competition," Working Papers halshs-03502602, HAL.
    9. Desquilbet, Marion & Poret, Sylvaine, 2012. "How do GM / non GM coexistence regulations affect markets and welfare?," TSE Working Papers 12-350, Toulouse School of Economics (TSE), revised Jun 2013.
    10. Jenifer Piesse, 1992. "Environmental spending and share price performance: The petroleum industry," Business Strategy and the Environment, Wiley Blackwell, vol. 1(1), pages 45-54, March.
    11. Guiseppe Dari Mattiaci & G.G.A. de Geest, 2003. "Judgement Proofness under Four Different Precaution Technologies," Working Papers 03-16, Utrecht School of Economics.
    12. Suzi Kerr, 2012. "The Economics of International Policy Agreements to Reduce Emissions from Deforestation and Degradation," Motu Working Papers 12_12, Motu Economic and Public Policy Research.
    13. Pouliot, Sebastien & Sumner, Daniel A., 2006. "Traceability, Liability and Incentives for Food Safety and Quality," 2006 Annual meeting, July 23-26, Long Beach, CA 21121, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    14. Austin, David & Alberini, Anna, 1999. "Accidents Waiting to Happen: Liability Policy and Toxic Pollution Releases," RFF Working Paper Series dp-99-29, Resources for the Future.
    15. Thomas J. Miceli & Rebecca Rabon & Kathleen Segerson, 2012. "Liability versus Regulation for Dangerous Products When Consumers Vary in Their Susceptibility to Harm and Misperceive Risk," Working papers 2012-15, University of Connecticut, Department of Economics.
    16. Tim Friehe & Eric Langlais, 2014. "On the Political Economy of Public Safety Investments," Working Papers hal-04141360, HAL.
    17. Anna Alberini & John Bartholomew, 1999. "The Determinants Of Hazardous Waste Disposal Choice: An Empirical Analysis Of Halogenated Solvent Waste Shipments," Contemporary Economic Policy, Western Economic Association International, vol. 17(3), pages 309-320, July.
    18. Andrea Castellano & Fernando Tohmé & Omar O. Chisari, 2020. "Product liability under ambiguity," European Journal of Law and Economics, Springer, vol. 49(3), pages 473-487, June.
    19. Lenntorp, Erik, 2009. "On the joint use of licensing and liability," International Review of Law and Economics, Elsevier, vol. 29(3), pages 244-251, September.
    20. Donatella Porrini, 2005. "Environmental Policies Choice as an Issue of Informational Efficiency," Chapters, in: Jürgen G. Backhaus (ed.), The Elgar Companion to Law and Economics, Second Edition, chapter 23, Edward Elgar Publishing.
    21. Gérard Mondello, 2013. "Ambiguous Beliefs on Damages and Civil Liability Theories"," Post-Print halshs-00929948, HAL.
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    Cited by:

    1. A. Mitchell Polinsky & Steven Shavell, 2005. "The Theory of Public Enforcement of Law," Discussion Papers 05-004, Stanford Institute for Economic Policy Research.
    2. Richard A. Derrig & Sharon Tennyson, 2011. "The Impact of Rate Regulation on Claims: Evidence From Massachusetts Automobile Insurance," Risk Management and Insurance Review, American Risk and Insurance Association, vol. 14(2), pages 173-199, September.
    3. Timothy J. Brennan & Carolyn Kousky & Molly Macauley, 2009. "More Than a Wing and a Prayer: Government Indemnification of the Commercial Space Launch Industry," UMBC Economics Department Working Papers 09-112, UMBC Department of Economics, revised 01 Sep 2009.
    4. Anna Rita Germani, 2007. "The Environmental Enforcement in the Civil and the Common Law Systems. A Case on the Economic Effects of Legal Institutions," Quaderni DSEMS 22-2007, Dipartimento di Scienze Economiche, Matematiche e Statistiche, Universita' di Foggia.
    5. Grislain-Letrémy, Céline & Villeneuve, Bertrand, 2020. "The ground for negotiation: Zoning for risk reduction around hazardous plants," Journal of Economic Behavior & Organization, Elsevier, vol. 180(C), pages 657-677.
    6. Gérard Mondello, 2017. "Un modèle d'accident unilatéral: incertitude non-radicale et estimations différenciées," GREDEG Working Papers 2017-12, Groupe de REcherche en Droit, Economie, Gestion (GREDEG CNRS), Université Côte d'Azur, France.
    7. Nell, Martin & Richter, Andreas, 2003. "The design of liability rules for highly risky activities--Is strict liability superior when risk allocation matters?," International Review of Law and Economics, Elsevier, vol. 23(1), pages 31-47, March.
    8. A. Mitchell Polinsky & Steven Shavell, 2006. "Public Enforcement of Law," Discussion Papers 05-016, Stanford Institute for Economic Policy Research.
    9. Giuseppe Dari-Mattiacci & Eric Langlais, 2008. "Social Wealth and Optimal Care," EconomiX Working Papers 2008-34, University of Paris Nanterre, EconomiX.
    10. Danzon, Patricia M & Harrington, Scott E, 2001. "Worker's Compensation Rate Regulation: How Price Controls Increase Costs," Journal of Law and Economics, University of Chicago Press, vol. 44(1), pages 1-36, April.
    11. Georges Dionne & Scott Harrington, 2017. "Insurance and Insurance Markets," Working Papers 17-2, HEC Montreal, Canada Research Chair in Risk Management.
    12. Aaron Finkle, 2010. "Contracts in the Shadow of the Law: Optimal Litigation Strategies within Organizations," International Journal of Business and Economics, School of Management Development, Feng Chia University, Taichung, Taiwan, vol. 9(2), pages 131-155, August.
    13. Gérard Mondello, 2013. "Ambiguous Beliefs on Damages and Civil Liability Theories"," Post-Print halshs-00929948, HAL.
    14. Jakob Eberl & Darko Jus, 2012. "Evaluating policies to attain the optimal exposure to nuclear risk," RSCAS Working Papers 2012/50, European University Institute.
    15. Brennan, Timothy J., 2015. "Holding distribution utilities liable for outage costs," Energy Economics, Elsevier, vol. 48(C), pages 89-96.
    16. Pål Andreas Pedersen, 2001. "A Game Theoretical Approach to Road Safety," Studies in Economics 0105, School of Economics, University of Kent.
    17. Gomez, Fernando & Penalva, Jose, 2015. "Tort reform and the theory of coordinating tort and insurance," International Review of Law and Economics, Elsevier, vol. 43(C), pages 83-97.
    18. BOYER, Marcel & PORRINI, Donatella, 2010. "Optimal Liability Sharing and Court Errors : An Exploratory Analysis," Cahiers de recherche 05-2010, Centre interuniversitaire de recherche en économie quantitative, CIREQ.
    19. Winter, Ralph A., 2006. "Liability insurance, joint tortfeasors and limited wealth," International Review of Law and Economics, Elsevier, vol. 26(1), pages 1-14, March.
    20. Lee Kangoh, 2016. "Risk Aversion, the Hand Rule, and Comparison between Strict Liability and the Negligence Rule," Review of Law & Economics, De Gruyter, vol. 12(2), pages 261-274, July.
    21. Baumann, Florian & Friehe, Tim & Rasch, Alexander, 2016. "Why product liability may lower product safety," Economics Letters, Elsevier, vol. 147(C), pages 55-58.
    22. L. A. Franzoni, 2016. "Optimal liability design under risk and ambiguity," Working Papers wp1048, Dipartimento Scienze Economiche, Universita' di Bologna.
    23. Cho, Joonmo, 2004. "Flexibility, instability and institutional insecurity in Korean labor market," Journal of Policy Modeling, Elsevier, vol. 26(3), pages 315-351, April.
    24. Privileggi, Fabio & Marchese, Carla & Cassone, Alberto, 2001. "Agent's liability versus principal's liability when attitudes toward risk differ," International Review of Law and Economics, Elsevier, vol. 21(2), pages 181-195, June.
    25. Marie‐Cécile Fagart & Claude Fluet, 2009. "Liability insurance under the negligence rule," RAND Journal of Economics, RAND Corporation, vol. 40(3), pages 486-508, September.
    26. Alma Cohen & Rajeev Dehejia, 2003. "The Effect of Automobile Insurance and Accident Liability Laws in Traffic Fatalities," NBER Working Papers 9602, National Bureau of Economic Research, Inc.
    27. Sjur Didrik Flåm & Elmar G. Wolfstetter, 2015. "Liability Insurance and Choice of Cars: A Large Game Approach," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 17(6), pages 943-963, December.
    28. Jorge Lemus & Emil Temnyalov & John L. Turner, 2019. "Liability Insurance: Equilibrium Contracts under Monopoly and Competition," Working Paper Series 2019/11, Economics Discipline Group, UTS Business School, University of Technology, Sydney.
    29. Gérard Mondello, 2016. "The Negligence Rule Specificity under Radical Uncertainty," GREDEG Working Papers 2016-32, Groupe de REcherche en Droit, Economie, Gestion (GREDEG CNRS), Université Côte d'Azur, France.
    30. Gérard Mondello, 2020. "Strict Liability vs Negligence: Is Economic Efficiency a Relevant Comparison Criterion?," GREDEG Working Papers 2020-18, Groupe de REcherche en Droit, Economie, Gestion (GREDEG CNRS), Université Côte d'Azur, France.
    31. Eberl, Jakob & Jus, Darko, 2012. "The year of the cat: Taxing nuclear risk with the help of capital markets," Energy Policy, Elsevier, vol. 51(C), pages 364-373.
    32. Luca Anderlini & Leonardo Felli & Giovanni Immordino, 2016. "Costly Pretrial Agreements," CSEF Working Papers 449, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy.
    33. Virginia Rosales-López, 2008. "Economics of court performance: an empirical analysis," European Journal of Law and Economics, Springer, vol. 25(3), pages 231-251, June.
    34. Kazuhiko Sakai & Mahito Okura, 2012. "An Economic Analysis of Compulsory and Voluntary Insurance," International Journal of Academic Research in Accounting, Finance and Management Sciences, Human Resource Management Academic Research Society, International Journal of Academic Research in Accounting, Finance and Management Sciences, vol. 2(2), pages 1-8, April.
    35. Hofmann, Annette, 2005. "Internalizing externalities of loss-prevention through insurance monopoly: An analysis of interdependent risks," Working Papers on Risk and Insurance 16, University of Hamburg, Institute for Risk and Insurance.
    36. Mourdoukoutas, Fotios & Boonen, Tim J. & Koo, Bonsoo & Pantelous, Athanasios A., 2024. "Optimal premium pricing in a competitive stochastic insurance market with incomplete information: A Bayesian game-theoretic approach," Insurance: Mathematics and Economics, Elsevier, vol. 119(C), pages 32-47.
    37. Hultkrantz, Lars & Nilsson, Jan-Eric & Arvidsson, Sara, 2012. "Voluntary internalization of speeding externalities with vehicle insurance," Transportation Research Part A: Policy and Practice, Elsevier, vol. 46(6), pages 926-937.
    38. Luigi Alberto Franzoni, 2022. "Efficient liability law when parties genuinely disagree," Working Papers wp1176, Dipartimento Scienze Economiche, Universita' di Bologna.
    39. Olbrich Anja, 2008. "Patient Welfare under the Legal Standard of Care," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 8(2), pages 1-19, July.
    40. Tom Baker & Anja Shortland, 2023. "Insurance and enterprise: cyber insurance for ransomware," The Geneva Papers on Risk and Insurance - Issues and Practice, Palgrave Macmillan;The Geneva Association, vol. 48(2), pages 275-299, April.
    41. Vickie Bajtelsmit & Paul D. Thistle, 2008. "The Reasonable Person Negligence Standard and Liability Insurance," Journal of Risk & Insurance, The American Risk and Insurance Association, vol. 75(4), pages 815-823, December.
    42. Henri Loubergé, 1998. "Risk and Insurance Economics 25 Years After," The Geneva Papers on Risk and Insurance - Issues and Practice, Palgrave Macmillan;The Geneva Association, vol. 23(4), pages 540-567, October.
    43. Terrence August & Tunay I. Tunca, 2011. "Who Should Be Responsible for Software Security? A Comparative Analysis of Liability Policies in Network Environments," Management Science, INFORMS, vol. 57(5), pages 934-959, May.
    44. Gérard Mondello, 2012. "The Equivalence of Strict Liability and Negligence Rule: A " Trompe l'œil " Perspective," Post-Print hal-00727223, HAL.
    45. Flåm, Sjur Didrik & Wolfstetter, Elmar G., 2010. "On Liability Insurance for Automobiles," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 321, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
    46. Langlais, Eric, 2010. "Safety and the Allocation of Costs in Large Accidents," MPRA Paper 25710, University Library of Munich, Germany.
    47. Boyer, Marcel & Porrini, Donatella, 2011. "The impact of court errors on liability sharing and safety regulation for environmental/industrial accidents," International Review of Law and Economics, Elsevier, vol. 31(1), pages 21-29, March.
    48. Gérard Mondello, 2022. "A General Accident Model for Risky Activities," GREDEG Working Papers 2022-12, Groupe de REcherche en Droit, Economie, Gestion (GREDEG CNRS), Université Côte d'Azur, France, revised Apr 2023.
    49. Gérard Mondello, 2015. "Civil liability, Knight's UnCertainty and non-diCtatorial regUlator Documents de travail GREDEG GREDEG Working Papers Series," Working Papers hal-01251437, HAL.
    50. Jochen Bigus, 2015. "Loss Aversion, Audit Risk Judgments, and Auditor Liability," European Accounting Review, Taylor & Francis Journals, vol. 24(3), pages 581-606, September.
    51. Jost, Peter-J., 1996. "Limited liability and the requirement to purchase insurance," International Review of Law and Economics, Elsevier, vol. 16(2), pages 259-276, June.
    52. Bourgeon, Jean-Marc & Picard, Pierre, 2007. "Point-record driving licence and road safety: An economic approach," Journal of Public Economics, Elsevier, vol. 91(1-2), pages 235-258, February.
    53. Bartsch, Elga, 1995. "Environmental liability, imperfect information and multidimensional pollution control," Kiel Working Papers 690, Kiel Institute for the World Economy.
    54. L. Franzoni, 2019. "Legal Change in the Face of Risk Averse Subjects: A Generalization of the Theory," Working Papers wp1132, Dipartimento Scienze Economiche, Universita' di Bologna.
    55. Claude Fluet, 2002. "Assurance de responsabilité et aléa moral dans les régimes de responsabilité objective et pour faute," Cahiers de recherche CREFE / CREFE Working Papers 149, CREFE, Université du Québec à Montréal.
    56. Gérard Mondello & Evens Salies, 2021. "The Unilateral Accident Model under a Constrained Cournot-Nash Duopoly," Working Papers halshs-03502605, HAL.
    57. L. A. Franzoni, 2016. "Correlated accidents," Working Papers wp1074, Dipartimento Scienze Economiche, Universita' di Bologna.
    58. Michael Faure & Shu Li, 2020. "Risk shifting in the context of 3D printing: an insurability perspective," The Geneva Papers on Risk and Insurance - Issues and Practice, Palgrave Macmillan;The Geneva Association, vol. 45(3), pages 482-507, July.
    59. Lakdawalla, Darius & Zanjani, George, 2005. "Insurance, self-protection, and the economics of terrorism," Journal of Public Economics, Elsevier, vol. 89(9-10), pages 1891-1905, September.
    60. A. Mitchell Polinsky & Steven Shavell, 1999. "The Economic Theory of Public Enforcement of Law," NBER Working Papers 6993, National Bureau of Economic Research, Inc.
    61. Donatella Porrini & Reimund Schwarze, 2014. "Insurance models and European climate change policies: an assessment," European Journal of Law and Economics, Springer, vol. 38(1), pages 7-28, August.
    62. Bartsch, Elga, 1996. "Enforcement of environmental liability in the case of uncertain causality and asymmetric information," Kiel Working Papers 755, Kiel Institute for the World Economy.
    63. Steven Shavell, 2003. "Economic Analysis of Litigation and the Legal Process," NBER Working Papers 9697, National Bureau of Economic Research, Inc.
    64. Annette Hofmann, 2007. "Internalizing externalities of loss prevention through insurance monopoly: an analysis of interdependent risks," The Geneva Papers on Risk and Insurance Theory, Springer;International Association for the Study of Insurance Economics (The Geneva Association), vol. 32(1), pages 91-111, June.
    65. Wright, Donald J., 2011. "Medical Malpractice and Physician Liability Under a Negligence Rule," Working Papers 2011-04, University of Sydney, School of Economics.
    66. Mattiacci, Giuseppe Dari & Parisi, Francesco, 2003. "The cost of delegated control: vicarious liability, secondary liability and mandatory insurance," International Review of Law and Economics, Elsevier, vol. 23(4), pages 453-475, December.
    67. Ralph A. Winter, 1991. "The Liability Insurance Market," Journal of Economic Perspectives, American Economic Association, vol. 5(3), pages 115-136, Summer.
    68. Gérard Mondello, 2012. "La responsabilité environnementale des prêteurs : difficultés juridiques et ensemble des possibles," L'Actualité Economique, Société Canadienne de Science Economique, vol. 88(2), pages 257-278.
    69. Mary A. Weiss & Sharon Tennyson & Laureen Regan, 2010. "The Effects of Regulated Premium Subsidies on Insurance Costs: An Empirical Analysis of Automobile Insurance," Journal of Risk & Insurance, The American Risk and Insurance Association, vol. 77(3), pages 597-624, September.

  36. Shavell, Steven, 1981. "A Note on Efficiency vs. Distributional Equity in Legal Rulemaking: Should Distributional Equity Matter Given Optimal Income Taxation?," American Economic Review, American Economic Association, vol. 71(2), pages 414-418, May.

    Cited by:

    1. Steven Shavell, 2003. "Economic Analysis of Welfare Economics, Morality and the Law," NBER Working Papers 9700, National Bureau of Economic Research, Inc.
    2. Louis Kaplow, 2004. "On the (Ir)Relevence of Distribution and Labor Supply Distortion of Government Policy," NBER Working Papers 10490, National Bureau of Economic Research, Inc.
    3. Giuseppe Dari-Mattiacci & Eric Langlais, 2008. "Social Wealth and Optimal Care," EconomiX Working Papers 2008-34, University of Paris Nanterre, EconomiX.
    4. Tony Addison & Miguel Niño-Zarazúa & Jukka Pirttilä, 2018. "Fiscal policy, state building and economic development," WIDER Working Paper Series wp-2018-5, World Institute for Development Economic Research (UNU-WIDER).
    5. Richard L. Revesz & Robert Stavins, 2007. "Environmental Law and Policy," NBER Working Papers 13575, National Bureau of Economic Research, Inc.
    6. Wallace E. Oates, 1999. "An Essay on Fiscal Federalism," Journal of Economic Literature, American Economic Association, vol. 37(3), pages 1120-1149, September.
    7. Jean-Baptiste Fleury & Alain Marciano, 2022. "Methodological Individualism and the Foundations of the "Law and Economics" movement," Post-Print hal-03820441, HAL.
    8. Lee Kangoh, 2016. "Risk Aversion, the Hand Rule, and Comparison between Strict Liability and the Negligence Rule," Review of Law & Economics, De Gruyter, vol. 12(2), pages 261-274, July.
    9. Daughety, Andrew F. & Reinganum, Jennifer F., 2013. "Cumulative Harm, Products Liability, and Bilateral Care," IAST Working Papers 13-06, Institute for Advanced Study in Toulouse (IAST).
    10. Hackney, James Jr., 2003. "Law and neoclassical economics theory: a critical history of the distribution/efficiency debate," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 32(4), pages 361-390, September.
    11. Gerd Muehlheusser, 2008. "The Inquisitorial and the Adversarial Procedure in a Criminal Court Setting. Comment," Journal of Institutional and Theoretical Economics (JITE), Mohr Siebeck, Tübingen, vol. 164(1), pages 44-46, March.
    12. Robin Boadway & Michael Smart, 2025. "Distributionally Sensitive Cost-Benefit Analysis," CESifo Working Paper Series 11692, CESifo.
    13. Louis Kaplow, 2004. "On the (Ir)Relevance of Distribution and Labor Supply Distortion to Government Policy," Journal of Economic Perspectives, American Economic Association, vol. 18(4), pages 159-175, Fall.
    14. Louis Kaplow, 2000. "A Framework for Assessing Estate and Gift Taxation," NBER Working Papers 7775, National Bureau of Economic Research, Inc.
    15. Sunstein Cass R., 2013. "The value of a statistical life: some clarifications and puzzles," Journal of Benefit-Cost Analysis, De Gruyter, vol. 4(2), pages 237-261, August.
    16. A. Mitchell Polinsky & Steven Shavell, 2005. "Economic Analysis of Law," Discussion Papers 05-005, Stanford Institute for Economic Policy Research.
    17. Steven Shavell, 2005. "Liability for Accidents," NBER Working Papers 11781, National Bureau of Economic Research, Inc.
    18. Christine Jolls, 2007. "Behavioral Law and Economics," NBER Working Papers 12879, National Bureau of Economic Research, Inc.
    19. Langlais, Eric, 2010. "Safety and the Allocation of Costs in Large Accidents," MPRA Paper 25710, University Library of Munich, Germany.
    20. Riza Limor, 2019. "Rawls, Taxation and Calabresi & Melamed’s Rules," Review of Law & Economics, De Gruyter, vol. 15(3), pages 1-26, November.
    21. Louis Kaplow, 2020. "A Unified Perspective on Efficiency, Redistribution, and Public Policy," NBER Working Papers 26683, National Bureau of Economic Research, Inc.
    22. Donald Keenan & Paul Rubin, 1985. "The limits of the equity-efficiency tradeoff," Public Choice, Springer, vol. 47(3), pages 425-436, January.
    23. Alex Raskolnikov, 2020. "Criminal Deterrence: A Review of the Missing Literature," Supreme Court Economic Review, University of Chicago Press, vol. 28(1), pages 1-59.
    24. Olof Johansson-Stenman, 2005. "Distributional Weights in Cost-Benefit Analysis—Should We Forget about Them?," Land Economics, University of Wisconsin Press, vol. 81(3).
    25. Louis Kaplow, 2022. "Optimal Income Taxation," NBER Working Papers 30199, National Bureau of Economic Research, Inc.
    26. Louis Kaplow, 1993. "Should the Government's Allocation Branch be Concerned about the Distortionary Cost of Taxation and Distributive Effects?," NBER Working Papers 4566, National Bureau of Economic Research, Inc.
    27. Juan José Ganuza & Fernando Gómez, 2003. "Optimal negligence rule under limited liability," Economics Working Papers 759, Department of Economics and Business, Universitat Pompeu Fabra, revised May 2004.
    28. Louis Kaplow, 2006. "Discounting Dollars, Discounting Lives: Intergenerational Distributive Justice and Efficiency," NBER Working Papers 12239, National Bureau of Economic Research, Inc.

  37. Steven Shavell, 1980. "Damage Measures for Breach of Contract," Bell Journal of Economics, The RAND Corporation, vol. 11(2), pages 466-490, Autumn.

    Cited by:

    1. MacLeod, W.B. & Malcomson, J.M., 1989. "Efficient specific investments, incomplete contracts, and the role of market alternatives," Discussion Paper 1989-46, Tilburg University, Center for Economic Research.
    2. Charles Palmer & Markus Ohndorf & Ian A. MacKenzie, 2009. "Life’s a breach! Ensuring ‘permanence’ in forest carbon sinks under incomplete contract enforcement," CER-ETH Economics working paper series 09/113, CER-ETH - Center of Economic Research (CER-ETH) at ETH Zurich.
    3. Auerbach, Jan U. & Fonseca, Miguel A., 2020. "Preordered service in contract enforcement," Games and Economic Behavior, Elsevier, vol. 122(C), pages 130-149.
    4. Xinyu Hua, 2007. "Strategic ex ante contracts: rent extraction and opportunity costs," RAND Journal of Economics, RAND Corporation, vol. 38(3), pages 786-803, September.
    5. Thomas Miceli, 2014. "The color of law: an economic theory of legal boundaries," European Journal of Law and Economics, Springer, vol. 38(2), pages 185-209, October.
    6. Hatzis, Aristides N., 2002. "Having the cake and eating it too: efficient penalty clauses in Common and Civil contract law," International Review of Law and Economics, Elsevier, vol. 22(4), pages 381-406, December.
    7. Randolph Sloof & Hessel Oosterbeek & Joep Sonnemans, 2006. "On the Importance of Default Breach Remedies," Tinbergen Institute Discussion Papers 06-082/1, Tinbergen Institute.
    8. Schweizer, Urs, 2005. "Law and Economics of Obligations," International Review of Law and Economics, Elsevier, vol. 25(2), pages 209-228, June.
    9. Baker, Scott & Lee, Pak Yee & Mezzetti, Claudio, "undated". "Intellectual Property Disclosure as "Threat"," Economic Research Papers 269892, University of Warwick - Department of Economics.
    10. Jeffrey M. Lacker, 1989. "Limited commitment and costly enforcement," Working Paper 90-02, Federal Reserve Bank of Richmond.
    11. Keck, Alexander & Schropp, Simon, 2007. "Indisputably essential: The economics of dispute settlement institutions in trade agreements," WTO Staff Working Papers ERSD-2007-02, World Trade Organization (WTO), Economic Research and Statistics Division.
    12. Lewis A. Kornhauser & W. Bentley MacLeod, 2010. "Contracts between Legal Persons," NBER Working Papers 16049, National Bureau of Economic Research, Inc.
    13. Sloof, Randolph & Oosterbeek, Hessel & Riedl, Arno & Sonnemans, Joep, 2006. "Breach remedies, reliance and renegotiation," International Review of Law and Economics, Elsevier, vol. 26(3), pages 263-296, September.
    14. Bebchuk, Lucian Arye & Png, I. P. L., 1999. "Damage measures for inadvertant breach of contract," International Review of Law and Economics, Elsevier, vol. 19(3), pages 319-331, September.
    15. Thomas J. Miceli, 2014. "Transaction-Specific Investments and Organizational Choice: A Coase-to-Coase Theory," Working papers 2014-06, University of Connecticut, Department of Economics.
    16. Goller, Daniel & Stremitzer, Alexander, 2009. "Breach Remedies Inducing Hybrid Investments," Working Papers 72, Yale University, Department of Economics.
    17. Sell, Friedrich L. & Wiens, Marcus, 2005. "Vertrauen: Substitut oder Komplement zu formellen Institutionen?," Working Papers in Economics 2005,1, Bundeswehr University Munich, Economic Research Group.
    18. Göller, Daniel, 2012. "Expectation Damages and Bilateral Cooperative Investments," VfS Annual Conference 2012 (Goettingen): New Approaches and Challenges for the Labor Market of the 21st Century 62047, Verein für Socialpolitik / German Economic Association.
    19. Stremitzer, Alexander, 2008. "Standard Breach Remedies, Quality Thresholds, and Cooperative Investments," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 242, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
    20. Cesare Dosi & Michele Moretto, 2012. "Procurement with Unenforceable Contract Time and the Law of Liquidated Damages," Working Papers 2012.45, Fondazione Eni Enrico Mattei.
    21. Simon Schropp, Kornel Mahlstein, 2007. "The Optimal Design of Trade Policy Flexibility in the WTO," IHEID Working Papers 27-2007, Economics Section, The Graduate Institute of International Studies, revised Dec 2007.
    22. Charles North, 2001. "Remedies for misrepresentation in applications in the presence of fraudulent intent," Atlantic Economic Journal, Springer;International Atlantic Economic Society, vol. 29(2), pages 162-176, June.
    23. Jacobi, Osnat & Weiss, Avi, 2013. "Allocation of fault in contract law," International Review of Law and Economics, Elsevier, vol. 36(C), pages 1-11.
    24. Jacobi, Osnat & Weiss, Avi, 2013. "The effect of time on default remedies for breach of contract," International Review of Law and Economics, Elsevier, vol. 35(C), pages 13-25.
    25. Germán Coloma & Sergio Pernice, 2000. "A Note on the Equivalence between Contractual and Tort Liability," CEMA Working Papers: Serie Documentos de Trabajo. 179, Universidad del CEMA.
    26. Alessandro De Chiara, 2018. "Courts' Decisions, Cooperative Investments, and Incomplete Contracts," CEU Working Papers 2018_5, Department of Economics, Central European University.
    27. Peter Van Wijck & Jules Theeuwes, 2000. "Protection against Unfair Contracts: An Economic Analysis of European Regulation," European Journal of Law and Economics, Springer, vol. 9(1), pages 75-91, January.
    28. Schweizer, Urs, 2016. "Efficient incentives from obligation law and the compensation principle," International Review of Law and Economics, Elsevier, vol. 45(C), pages 54-62.
    29. Tadashi Ito, 2007. "NAFTA and productivity convergence between Mexico and the US," IHEID Working Papers 26-2007, Economics Section, The Graduate Institute of International Studies, revised 27 Nov 2007.
    30. De Geest, Gerrit, 2013. "N problems require N instruments," International Review of Law and Economics, Elsevier, vol. 35(C), pages 42-57.
    31. Yuxun Zhou & Mohammad Mafizur Rahman & Rasheda Khanam & Brad R. Taylor, 2023. "Alternative Method to Resolve the Principal–Principal Conflict—A New Perspective Based on Contract Theory and Negotiation," Mathematics, MDPI, vol. 11(2), pages 1-30, January.
    32. Matthias Kräkel, 2010. "Double-Sided Moral Hazard, Efficiency Wages, and Litigation," The Journal of Law, Economics, and Organization, Oxford University Press, vol. 26(2), pages 337-364.
    33. Plambeck, Erica L. & Taylor, Terry A., 2004. "Implications of Breach Remedy and Renegotiation for Design of Supply Contracts," Research Papers 1888, Stanford University, Graduate School of Business.
    34. Stefano Comino & Antonio Nicolò & Piero Tedeschi, 2005. "Termination Clauses in Partnerships," Industrial Organization 0509007, University Library of Munich, Germany.
    35. Schweizer, Urs, 2006. "Reliance Investments, Expectation Damages and Hidden Information," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 162, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
    36. Triantis, Alexander J & Triantis, George G, 1998. "Timing Problems in Contract Breach Decisions," Journal of Law and Economics, University of Chicago Press, vol. 41(1), pages 163-207, April.
    37. Ronen Avraham & Zhiyong Liu, 2006. "Incomplete Contracts with Asymmetric Information: Exclusive Versus Optional Remedies," American Law and Economics Review, American Law and Economics Association, vol. 8(3), pages 523-561.
    38. Fan Zhang, 2008. "Dynamic Contract Breach," EAG Discussions Papers 200803, Department of Justice, Antitrust Division.
    39. Grant, Simon & Kline, Jeff & Quiggin, John, "undated". "A Matter of Interpretation: Ambiguous Contracts and Liquidated Damages," Risk and Sustainable Management Group Working Papers 151204, University of Queensland, School of Economics.
    40. John Quiggin, 2023. "Seven types of ambiguity," Discussion Papers Series 662, School of Economics, University of Queensland, Australia.
    41. Kvaløy, Ola & Olsen, Trond, 2012. "Incentive provision when contracting is costly," UiS Working Papers in Economics and Finance 2012/16, University of Stavanger.
    42. Mehrdad Vahabi, 1999. "From Walrasian General Equilibrium to Incomplete Contracts: Making Sense of Institutions," Post-Print halshs-03704424, HAL.
    43. Louis Kaplow, 2003. "Transition Policy: A Conceptual Framework," NBER Working Papers 9596, National Bureau of Economic Research, Inc.
    44. Di Corato, Luca & Dosi, Cesare & Moretto, Michele, 2015. "Multidimensional auctions for long-term procurement contracts under the threat of early exit: the case of conservation auctions," Working Paper Series 2015:6, Swedish University of Agricultural Sciences, Department Economics.
    45. Emanuel Ornelas & John L. Turner, 2012. "Protection and International Sourcing," Economic Journal, Royal Economic Society, vol. 122(559), pages 26-63, March.
    46. Francesco Parisi & Barbara Luppi & Vincy Fon, 2011. "Optimal Remedies for Bilateral Contracts," The Journal of Legal Studies, University of Chicago Press, vol. 40(1), pages 245-271.
    47. Burguet, Roberto & Caminal, Ramon & Matutes, Carmen, 1999. "Golden Cages for Showy Birds: Optimal Switching Costs in Labour Markets," CEPR Discussion Papers 2070, C.E.P.R. Discussion Papers.
    48. Ha Ta & Terry L. Esper & Kenneth Ford & Sebastian Garcia‐Dastuge, 2018. "Trustworthiness Change and Relationship Continuity after Contract Breach in Financial Supply Chains," Journal of Supply Chain Management, Institute for Supply Management, vol. 54(4), pages 42-61, October.
    49. Muehlheusser, Gerd, 2006. "Regulating Damage Clauses in (Labor) Contracts," IZA Discussion Papers 2367, IZA Network @ LISER.
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