This entry for the forthcoming The New Palgrave Dictionary of Economics (Second Edition) surveys the economic analysis of public enforcement of law - the use of public agents (inspectors, tax auditors, police, prosecutors) to detect and to sanction violators of legal rules. We first discuss the...

The problem of compliance with treaty obligations has been an area of active study in international environmental law because of its importance to the effectiveness of environmental treaties. This paper examines the problem of enforcement as an important and distinct component of compliance....

Until recently, the U.S. government and international institutions refused to acknowledge the failure of their programs to improve the Russian court system. This paper discusses the extent of corruption of the Russian court system in cases involving high financial stakes, particularly where a...

A growing “school-to-prison pipeline” literature focuses on one critical consequence flowing from public schools’ increasingly “legalized” approach towards student discipline: School reports of student disciplinary incidents to law enforcement agencies. Moreover, this literature’s...

By means of an international sample of cross-border mergers and acquisitions (M&As) involving firms with outstanding Eurobonds from the US, Europe, and other countries around the world, we show that bond performance around M&A announcements is sensitive to cross-country differences in creditor...

The law enforcement shortcomings in corruption cases are substantial and call for a greater scope of enforcement tools and efficient procedures. Main concerns in reform should include basic criminal law principles, consequences for markets, access to the information necessary for reactions, and...

This article analyzes the legal preconditions for the harmonization of Ukrainian legislation in the field of competition law with the law of the European Union. Due to its evolution, it is noticeable that competition law has been, and remains, a priority in the harmonization process of Ukrainian...

This paper considers the increasing use of “negotiated” instruments of European competition law (ECL) enforcement as illustrated by the example of the European Commission's (EC) enforcement practice directed at firms of American and East Asian origin. The paper first defines the notion of...