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When do policies generate expressive or backlash effects? Recent economic models suggest that where a proscribed activity is prevalent, permissive laws liberalize attitudes toward partakers while increasing utility. The opposite occurs in communities where the proscribed activity is rare. To...
Persistent link: https://www.econbiz.de/10011266041
Persistent link: https://www.econbiz.de/10010890117
When do policies generate expressive or backlash effects? Recent economic models suggest that where a proscribed activity is prevalent, permissive laws liberalize attitudes toward partakers while increasing utility. The opposite occurs in communities where the proscribed activity is rare. To...
Persistent link: https://www.econbiz.de/10010785132
Persistent link: https://www.econbiz.de/10010828371
Persistent link: https://www.econbiz.de/10010890115
type="main" <p>The alienability of legal claims holds the promise of increasing access to justice and fostering development of law. I develop a principal-agent framework where litigation funders provide expertise in reducing uncertainty in agents' disutility of production. The model leads to the...</p>
Persistent link: https://www.econbiz.de/10011148014
This paper tests a model in which group identity in the form of religious intensity functions as ex post insurance. I exploit relative price shocks induced by the Indonesian financial crisis to demonstrate a causal relationship between economic distress and religious intensity (Koran study and...
Persistent link: https://www.econbiz.de/10008646503