The paper addresses the issue of the impact of asymmetric information on risk aversion of litigant parties in a model à la Bebchuk. First we study the case where the plaintif is the informed party, and characterize the equilibrium with and without a pretrial negociation round. Then, we focuse...

Резюме: В статията се обоснова становището, че правомощията на главния инспектор и инспекторите от Инспектората към Висшия съдебен съвет не се прекратяват при...

This study investigates the correlation between financial inclusion and legal system quality among developed countries from 2004 to 2012. The findings reveal a positive correlation between financial inclusion and legal system quality. The findings suggest that improvements in legal system...

The impact of crime on tourism to Barbados was examined using a transfer function approach. Results indicate that an increase in the overall crime rate has a negative and significant impact on arrivals to the island, and the fall-off is delayed, starting 6 months after a one-unit increase in the...

Terrorism has emerged as a major threat to the contemporary society. Nation States are reliant on their counter-terrorism laws for checking terrorism and deterring terrorists. To understand the effectiveness of these counter terrorism laws, it is important to first understand the behaviour of...

Contrary to the Islamic laws considered as social standard governing the behavior of the Muslims, the facts relative to most of the Muslim countries show that the detention of a conventional bank account considered as illicit because it is generative of the rate of interest and savings is more...

A buying and selling is a human activity in fulfilling the needs of his life. In law Muamalah, there are several trades that are forbidden and there are some trades that are legalized (allowed). One of the sale and purchase that is forbidden is the sale of speculation (Gharar). Gharar buying and...

In article management of municipal service as the organizing activity having the administrative contents, which is carried out in the established organizational and legal forms and also as activity of specially created municipal bodies is considered. Control of municipal service is exercised for...

Резюме: В студията е изследвано оправосъдяването на българското трудово право, т.е. съдебната защита на трудовите права, което е пряко следствие от приемането и...

State involvement in the economy and society in general was and is still a fundamental problem, being approached by the all schools of economic thought. Its role was perceived differently from one historical stage to another and from one country to another, always constituting itself in a matter...