Legal Transitions without Legitimate Expectations*
نویسندگان
چکیده
منابع مشابه
Modelling Legitimate Expectations
Legitimate expectation in the context of culpa in contrahendo is an important legal concept for the study of good faith and the duty to negotiate with good care. However when wanting to model it and reason about it, one finds that most existing legal formalisations do not directly account for the concept. In this paper we present a formal model that can explicitly model and reason about legitim...
متن کاملLegal Transitions: Some Welfarist Remarks
In his remarkable 1986 article, An Economic Analysis of Legal Transitions, Louis Kaplow built upon earlier and pathbreaking work by Michael Graetz and overturned the then-conventional wisdom about legal transitions. Where the rule change itself is desirable, Kaplow argued, transition relief would generally be undesirable and indeed the fully retroactive application of the rule might be warrante...
متن کاملTransition systems without transitions
We study the problem of embedding partial 2-structures into set 2-structures such that the target substructure is full and forward closed and it is minimal w.r.t. these properties.
متن کاملMacroeconomic Analysis without the Rational Expectations Hypothesis∗
This paper reviews a variety of alternative approaches to the specification of the expectations of economic decisionmakers in dynamic models, and reconsiders familiar results in the theory of monetary and fiscal policy when one allows for departures from the hypothesis of rational expectations. The various approaches are all illustrated in the context of a common model, a log-linearized New Key...
متن کاملCompetitive rational expectations equilibria without apology
In a standard financial market model with asymmetric information with a finite number N of risk-averse informed traders, competitive rational expectations equilibria provide a good approximation to strategic equilibria as long as N is not too small: equilibrium prices in each situation converge to each other at a rate of 1/N as the market becomes large. The approximation is particularly good wh...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Journal of Political Philosophy
سال: 2020
ISSN: 0963-8016,1467-9760
DOI: 10.1111/jopp.12231