This paper provides new evidence on the role of preference-based versus statistical discrimination in racial profiling using a unique data set that includes the race of both the driver and the officer. We first generalize the model presented in Knowles, Persico and Todd (2001) and show that the...

The United States Internal Revenue Service (“IRS”) has repeatedly taken the position that, because the IRS does not ask taxpayers to identify their race or ethnicity on submitted tax returns, IRS enforcement actions are not affected by taxpayers' race or ethnicity. This claim, which I call...

We examine the consequences of a regulatory reform that reduces the timeliness of public enforcement of mandatory corporate disclosure in a developing financial market. Contrary to the intent of the regulatory reform, corporate disclosure timeliness is not increased while corporate disclosure...

This paper assesses the content, role, and adaptability of subjective beliefs about contract enforceability in the context of postemployment covenants not to compete (“noncompetes”). We show that employees of all stripes tend to believe that their noncompetes are enforceable, even when they...

This study investigates the differing role of enforcement on the formation of venture capital(VC) syndication networks. We conjecture that public enforcement, with strong investigativepowers against any syndicate member, discourages the formation of denser syndicationnetworks due to misconduct...

Since 2014, when a first-of-its-kind empirical study looked at how public enforcers use their authority under UDAP laws, the enforcement landscape has changed. Most notably, the Trump Administration has weakened enforcement on the federal level. In the wake of this political shift, many state...

Visual artists in countries that do not recognize the artist’s resale right are at an economic disadvantage, while some countries that recognize the right experience practical difficulties in identifying and tracking resales that are subject to royalty payments for artists. As blockchain...

This paper provides an empirical study of private enforcement of competition law in Spain from 1999 to 2012. So far, the Spanish literature on competition law private litigation is based on qualitative assessments and analysis of some key cases, but has not discussed all cases in depth....

This paper contains a chapter on the general structure of the law from a forthcoming book, Foundations of Economic Analysis of Law (Harvard University Press, 2003). In this chapter, I consider basic features of the legal system, including whether the law directly constrains behavior or channels...

This article, using the controversy over the Indonesian Playboy magazine as a case study, analyses the struggle to enforce Islamic values in Indonesian society, through increasing Islamisation of legislation and judicial decisions. The author argues that the Front Pembela Indonesia (FPI, the...