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Randomized field experiments designed to better understand the production of human capital have increased exponentially over the past several decades. This chapter summarizes what we have learned about various partial derivatives of the human capital production function, what important partial...
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According to recent act of trainer/instructor profession deregulation in Poland, no courses or exams are required to become a trainer or sport instructor. After changes, any common person is allowed to practice sports coaching. The aim of the research was to become familiar with the parents...
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This paper examines one particular aspect of the Greek courts: the time they need to dispose cases. As an indirect measure for the time needed to dispose cases, we use the ratio of cases remaining at the end of the year to total cases introduced. Using this metric, we document a steady increase...
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In the 1980s scholars began applying Positive Political Theory (PPT) to study public law. This chapter summarizes that body of research and its relationship to other schools of legal thought. Like Law and Economics, PPT of Law uses sequential game theory to examine how rules and procedures shape...
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This chapter surveys literature on experimental law and economics. Long the domain of legally minded psychologists and criminologists, experimental methods are gaining significant popularity among economists interested in exploring positive and normative aspects of law. Because this literature...
Persistent link: https://www.econbiz.de/10014023489
A well-functioning justice system is indispensable to business activity and to a society as a whole. Judicial efficiency measured by trial length, one of the essential factors in the effectiveness of the justice system, ensures contract enforcement, which is the basis of market transactions....
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