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The evidence suggests that relational contracting and legal rules play an important role in credit markets but on the basis of the prevailing field data it is difficult to pin down their causal impact. Here we show experimentally that relational incentives are a powerful causal determinant for...
Persistent link: https://www.econbiz.de/10010269410
Our research examines individual differences in the effects of medical malpractice tort reforms on pre-trial settlement speed and settlement amounts by age and most likely settlement size. Findings of note include that, unlike previously assumed, both absolute and percentage losses from tort...
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bivariate system, broken homes, criminal records of parents and personal indebtedness turn out as highly relevant factors of …
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bivariate system, broken homes, criminal records of parents and personal indebtedness turn out as highly relevant factors of …
Persistent link: https://www.econbiz.de/10010329095
This paper investigates the potentially non-linear relation between households' indebtedness and their consumption … previous studies, we find a negative effect of households' indebtedness on their consumption, even in the absence of negative …
Persistent link: https://www.econbiz.de/10012597339
Social movements in Hong Kong have begun to challenge the law and the judicial system for the purpose of challenging government policies or at least making their claims highly visible before the public in Hong Kong. the legal boundary of the free space for social movements has been contested in...
Persistent link: https://www.econbiz.de/10004972726