Contract-Centered Veil-Piercing

Piercing the Veil of Ignorance∗

Theories of justice in the spirit of Harsanyi and Rawls argue that fair-minded people should aspire to make choices for society — that is, for themselves and for others — as if in the original position, behind a veil of ignorance that prevents them from knowing their own social and economic positions in society. While the original position is a purely hypothetical situation, developed as a thou...

Piercing the Corporate Veil: An Empirical Study

Team reasoning and collective rationality: piercing the veil of obviousness.

The experiments reported in our target article provide strong evidence of collective utility maximization, and the findings suggest that team reasoning should now be included among the social value orientations used in cognitive and social psychology. Evidential decision theory offers a possible alternative explanation for our results but fails to predict intuitively compelling strategy choices...

Piercing the veil of modern physics: part 2 & philosophy

ion is from many things to extract the common or essential features, and abandon their different and non–essential features. In the long–term and repeated the test of practice, for those essential features having invariance or absoluteness, which can’t use empirical methods to verify in reality, should belong to metaphysical category. And the others belong to the scope of natural science. Mathe...

Piercing the Veil of Uncertainty in Transboundary Pollution Agreements

This paper addresses the question of how uncertainty in costs and benefits affects the difficulty of reaching a voluntary agreement among sovereign states. A measure of “difficulty” is constructed relating to side-payments necessary to make an agreement a Pareto-improving move. Using a simple model, it is shown that uncertainty actually makes agreement easier. * Donald Bren Professor of Environ...