Does economic analysis have a role to play in scholarship on international law? For quite a long time, the answer seemed to be “no,” but over the last decade, economic analysis of international law has gained traction in law schools.
Government agencies like the EPA frequently use benefit-cost analysis in order to evaluate proposed regulations. By contrast, financial agencies like the SEC and CFTC rarely use benefit-cost analysis, and in recent years have seen regulations struck down by the courts because of regulators’ failure to use benefit-cost analysis or flaws in their benefit-cost analyses.
In their book The Behavior of Federal Judges, Lee Epstein, William Landes, and Richard Posner challenge the traditional legalist and realist accounts of judging by presenting a labor market theory of judicial behavior. Judges are workers whose behavior is shaped by the conditions and incentives of their employment.
A central problem facing legal systems is that often one party has private information. Mechanism design provides a set of tools from economics that may allow legal systems to make optimal decisions in this context.
Presented by IJ Clinic on Entrepreneurship students Michael Lanahan and Ben Montanez. This panel was recorded at the Institute for Justice Clinic on Entrepreneurship's "Recipe for Success" symposium on April 27, 2013.
Presented by IJ Clinic on Entrepreneurship students Mike Educate and Patrick Herndon. This panel was recorded at the Institute for Justice Clinic on Entrepreneurship's "Recipe for Success" symposium on April 27, 2013.
There has been an increase in the rate of women’s imprisonment in many countries around the world. Yet many countries fail to adequately address the unique issues raised when women are deprived of their liberty. The panelists will discuss the causes of the increase in rates of imprisonment, including the global war on drugs and drug use. They will also address the conditions o
When President Gerald Ford nominated renowned lawyer and legal scholar Edward Levi to be United States Attorney General, Levi took over an office that had been marred by the corruption of Watergate scandal. Levi's efforts to bring transparency, independence and integrity back to the Justice Department restored public confidence at a pivotal stage in U.S.