Washington, DC 20057
United States
http://www.georgetown.edu/faculty/la2/
Georgetown University - Department of Economics
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courts of law, unforeseen contingencies, precedents, incentives, insurance
statute law, case law, flexibility, rigidity, time-inconsistency, precedents
This is a CEPR Discussion Paper. CEPR charges a fee of $8.00 for this paper.
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Case Law, Flexibility, Incomplete Laws, Precedents, Rigidity, Statute Law, Time-Inconsistency
optimal courts, informational externalities, ex-ante welfare
Optimal Courts, Informational Externalities, Ex-Ante Welfare
Optimal courts, informational externalities, parties' ex-ante welfare
Optional bargaining costs, inefficient bargaining outcomes, renegotiation, imperfect recall
Social memory, Private communication, Dynastic games, Physical evidence
Communication, Learning, Dynamic strategic information transmission
legal system, commitment, flexibility, innovation, growth
Commitment, Flexibility, Growth, Innovation, Legal System
This is a Wiley-Blackwell Publishing paper. Wiley-Blackwell Publishing charges $42.00 .
File name: iere12023.pdf Size: 194K
undescribable events, incomplete contracts, finite invariance, fine variability.
Optimal Courts, Informational Externalities, Ex-ante Welfare, Informed Principal, Menu Contracts
C79, D74, D89, K40, L14.
Case Law, Precedents, Stare Decisis, Time-Inconsistency
Unforeseen contingencies, incomplete contracts, finite invariance, fine variability
Dynastic Repeated Games, Private Communication, Folk Theorem
Dynastic Repeated Games, Communication, Whitewashing, Coverups
Optimal courts, unforeseen contingencies, risk, incentives
Costly Negotiations, Court Litigation, Pretrial Agreements
