We investigate the impact of observability of contracts between a plaintiff and his attorney on both the efficiency of the environmental conflict and the fairness of the resulting outcome from the environmental conflict. By including two specific game-theoretic models (an observable-contract...

In many countries, labor courts play a central role in the determination of firing costs by monitoring and supervising the procedures for dismissals, and, eventually, deciding severance payments mandated by the employment protection legislation (EPL). To get some insights about the impact of...

Amid ongoing discussion over the merits and demerits of litigation, this study addresses the impact of litigation risk on corporate innovation at Chinese listed firms from 2014 to 2022. We exploit Two-Stage GMM, DID model, and PSM techniques to address endogeneity. We find that both litigation...

A smart contract can be defined as a computer program, stored on a blockchain, which allows a transaction or an agreement-defined ex-ante-to be self-executed when some conditions are met, and without the need for a central authority to enforce it. Even if this new technology is very promising,...

The present work aims to analyze characteristics of home entries in criminal proceedings involving drug crimes, in order to determine whether home policing, within the context of drug policies, selectively or geographically segregates defendants who face the criminal justice system. Based on...

Apart from the loss of time and money, disputes between public authority and private partner in China’s public-private partnership (PPP) projects are destroying the government’s image of PPP support and the private partner’s investment confidence. This article aims to explore the main...

Modern society mitigates and transfers risks in a variety of ways, which range from catastrophe prevention and insurance solutions through to injustices of a minor and inconspicuous nature. We show that the measures taken depend on the uncertainty about the risks in question and involve three...

The 2015 Civil Code of Procedure (Law 13.105) entailed extensive changes in the system of civil appeals in Brazil but, after more than seven years of its enactment, there hasn't been any empirical assessment regarding the impacts of the procedural reform on the propensity to appeal in civil...

Der Beitrag erörtert, wie eine Klageberechtigung der Versicherungsaufsicht im zivilgerichtlichen Verbandsklageverfahren die Rechtsdurchsetzung im Versicherungsrecht verbessern könnte. Die Analyse erfolgt am Beispiel der Prämienanpassungen privater Krankenversicherungen, die derzeit sowohl in...