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A policy of deputization asks agents to monitor others without providing explicit incentives. It is often used to prevent dangerous activities. To calibrate whether and why it works, we study recent laws that deputized financial professionals to help fight elder financial abuse. We show...
Persistent link: https://www.econbiz.de/10014241950
The last few decades witnessed a dramatic change in public opinion towards gay people. This paper studies the hypothesis that the AIDS epidemic was a shock that changed the incentive to “come out” and that the ensuing process of mobilization and endogenous political process led to cultural...
Persistent link: https://www.econbiz.de/10012889498
positively to the product market reform in industries of countries where patent rights are strong, not where these are weak. The … positive response to the reform is more pronounced in industries in which innovators rely more on patenting than in other …
Persistent link: https://www.econbiz.de/10013064451
In the past, judges have often hired applicants for judicial clerkships as early as the beginning of the second year of law school for positions commencing approximately two years down the road. In the new hiring regime for federal judicial law clerks, by contrast, judges are exhorted to follow...
Persistent link: https://www.econbiz.de/10012759956
Sparked by the killing of George Floyd in police custody, the 2020 Black Lives Matter protests have brought a new wave of attention to the issue of inequality within criminal justice. However, many public health officials have warned that mass protests could lead to a reduction in social...
Persistent link: https://www.econbiz.de/10012830480
the judiciary. The resulting framework reconciles the theoretical literature of lobbying with the negative available …
Persistent link: https://www.econbiz.de/10013225056
We believe that at a deeper level the independent judiciary is not only consistent with, but essential to, the interest …-group theory of government. Part I of this paper explains our theory of the independent judiciary. Part II discusses several …
Persistent link: https://www.econbiz.de/10013232172
unilateral climate policies for the U.S. and EU economies. We conclude in these instances that complex optimal emission price …
Persistent link: https://www.econbiz.de/10013144964
Does a more competent public bureaucracy contribute to better economic outcomes? We address this question in the context of the US federal procurement of services and works by combining contract-level data on procurement performance and bureau-level data on competence and workforce...
Persistent link: https://www.econbiz.de/10012930344
Standard models of hierarchy assume that agents and middle managers are better informed than principals about how to implement a particular task. We estimate the value of the informational advantage held by supervisors – middle managers – when ministerial leadership – the principal –...
Persistent link: https://www.econbiz.de/10012913385