I build a model where potentially biased judges verify complex contractual contigencies. when judges are unbiased judicial state verification induces parties to write flexible contracts. When judges are biased, parties write noncontingent contracts to protect themselves against costly judicial errors
I construct a theoretical framework to study how the degree of judicial inde-pendence affects both t...
Even if contract enforcers are as opportunistic as ordinary traders, a system of adjudication can in...
Do greater potential gains from trade enhance or erode contract-ing institutions? In an anonymous ex...
While a key function of contracts is to provide incentives, the incentives of judges to enforce the ...
I propose the view that the law affects economic efficiency by shaping contractual litigation and co...
Legal enforcement of contracts is expensive and therefore parties will typically negotiate to avoid ...
While a key function of contracts is to provide incentives, the incentives of judges to enforce the ...
We study a contracting model with unforeseen contingencies in which the court is an active player. E...
International audienceWe develop a theory of contracts with limited enforcement in the context of a ...
Abstract. We find an economic rationale for the common sense an-swer to the question in our title — ...
We study the effect of codification of specific contracts on subversion of justice. Contracting on n...
We find an economic rationale for the common sense answer to the question in our title - courts (tha...
We study a contracting model with unforeseen contingencies in which the court is an active player. E...
Preliminary Version Abstract. We find an economic rationale for the common sense an-swer to the ques...
I construct a theoretical framework to study how the degree of judicial inde-pendence affects both t...
Even if contract enforcers are as opportunistic as ordinary traders, a system of adjudication can in...
Do greater potential gains from trade enhance or erode contract-ing institutions? In an anonymous ex...
While a key function of contracts is to provide incentives, the incentives of judges to enforce the ...
I propose the view that the law affects economic efficiency by shaping contractual litigation and co...
Legal enforcement of contracts is expensive and therefore parties will typically negotiate to avoid ...
While a key function of contracts is to provide incentives, the incentives of judges to enforce the ...
We study a contracting model with unforeseen contingencies in which the court is an active player. E...
International audienceWe develop a theory of contracts with limited enforcement in the context of a ...
Abstract. We find an economic rationale for the common sense an-swer to the question in our title — ...
We study the effect of codification of specific contracts on subversion of justice. Contracting on n...
We find an economic rationale for the common sense answer to the question in our title - courts (tha...
We study a contracting model with unforeseen contingencies in which the court is an active player. E...
Preliminary Version Abstract. We find an economic rationale for the common sense an-swer to the ques...
I construct a theoretical framework to study how the degree of judicial inde-pendence affects both t...
Even if contract enforcers are as opportunistic as ordinary traders, a system of adjudication can in...
Do greater potential gains from trade enhance or erode contract-ing institutions? In an anonymous ex...