This chapter is about the distributive impact of boilerplate contracts. Specifically, this chapter scrutinizes the role that Consumer Unfriendly Terms (hereinafter “the CUTs”) play in the distribution of wealth and risk in consumer society, including e-commerce. It nuances the view dominant...

Surrogacy is a sensitive and complicated subject that raises many questions about the rights and responsibilities of surrogates, intended parents, and the children born through this process. In this article, we will explore the current position of surrogacy under Ghanaian law and examine how it...

In a continuous-time setting, we study the design of a dynamic contract between a government and a private entity, wherein the latter commits to pay the government in return for the exclusive right to sell a service by operating a public facility. Private revenues are modelled as depending on...

This paper evaluates the influence of the maximum-allowed floor area ratio (FAR) on the spatial size of Brazilian cities. We built a novel database on building height restrictions for the 325 largest cities in the country and combined it with recent satellite data. Our estimations show that, as...

Understanding demand for state regulation is a foundational issue for social science. To account for this demand, existing theories rooted in market failure and government failure have focused on various forms of trust, but have paid little attention to fear. We test how fear and trust shape...

We consider firms combining variable inputs and heterogeneous capital goods. Input use may cause simultaneous flow and stock externalities (e.g., air pollution/ climate change). Regulatory bodies typically develop separate policies for each externality but do not recognize that many...

The main purpose of this study is to investigate legal and policy gaps in regulating informal employment in Tanzania in order to expose areas that need to be addressed so that to extend legal protection to informal workers. This study is based on the idea that informal employment in Tanzania is...

This paper examines the impact of ordre public and morality on government regulation of gene editing patents in the United States and the European Union. A discussion of ordre public and morality requires an understanding first of the separate meanings of ordre public and morality, then how and...

When the Polish financial market supervisor, Komisja Nadzoru Finansowego (KNF), notified its intention to prohibit certain unit-linked insurance products marketed in Poland, it created an unprecedented situation: for the first time, a financial market supervisor decided to trigger Chapter III of...