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Rational Treaties: Article II, Congressional-Executive Agreements, and International Bargaining

Yoo, John - Law, Economics and Institutions, Boalt School of Law - 2011

Persistent link: https://www.econbiz.de/10010536589

Bernardo, Antonio; Talley, Eric; Welch, Ivo - Law, Economics and Institutions, Boalt School of Law - 2011

We analyze incentive-efficient government bailouts within a canonical model of intra-firm moral hazard. Bailouts exacerbate the moral hazard of firms and managers in two ways. First, they make them less averse to failing. Second, the taxes to fund bailouts dampen their incentives. Nevertheless,...

Persistent link: https://www.econbiz.de/10010536609

Inefficiencies in the Information Thicket: A Case Study of Derivative Disclosures During the Financial Crisis

Bartlett, Robert P. III - Law, Economics and Institutions, Boalt School of Law - 2010

Persistent link: https://www.econbiz.de/10010536611

The Case Against Consent in International Law

Guzman, Andrew T - Law, Economics and Institutions, Boalt School of Law - 2012

Persistent link: https://www.econbiz.de/10010843075

Law and Growth Economics: A Framework for Research

Cooter, Robert D.; Edlin, Aaron - Law, Economics and Institutions, Boalt School of Law - 2011

Many law and economics models concern static efficiency and redistribution. The standard analysis of dynamic industries … requires lawmakers to balance faster innovation against lower consumer prices. Sustained growth dominates these effects, so law … and growth economics should focus on maximizing it. Law can increase the growth rate by making innovation more profitable …

Persistent link: https://www.econbiz.de/10010843079