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Sunset provisions are clauses embedded in legislation that allow a piece of legislation or a regulatory board to expire on a certain date unless the legislature takes affirmative action to renew the legislation or board. The time between enactment or renewal and the next sunset date varies from...
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Before 1941, U.S. regulatory bodies were unrestricted. By 1946, several states and the federal government had imposed restrictions. It further took 40 years for every state to enact an Administrative Procedures Act (APA), a law that dictates how regulatory agencies promulgate regulations....
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This paper uses a modified contractual model to study the role of religion-via entry and exit costs-in shaping preferences for getting and staying married. The religions that are analyzed are two "collective" religions: Judaism and Christianity. The paper takes a historical and contemporary look...
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Abstract Ancient law can be analyzed using economic tools. With a renewed interest from the political class to make the ancient Laws of Manu (Manu’s Dharmaśāstra ) more relevant to modern Indian law, the economic analysis of the Laws of Manu regarding contracts allows us to look at the issue...
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