This paper is aimed at assessing the role of the judicial system in facilitating entrepreneurial action. More precisely it tries to show how the quality in solving dispute affects the would‐be entrepreneurs' perception on the reliability in enforcing contract and the easiness in accessing...

In this article, we argue that aggregate litigation and the court system can not only restore the protection of victims and the production of deterrence, but also play a pivotal role in stimulating regulatory innovation. This is accomplished through a reward system that seems largely to mimic...