Abstract: A vast literature documents better economic institutions in common law compared with civil law countries. The present paper argues that legal origin alone is insufficient to explain differences in the quality of economic institutions across countries. Rather, it is the interaction between legal origin and the quality of political institutions that is important. Empirical evidence from...

competition law as a manifestation of economic public order has also extended its controlling shadow on the commercial interactions around intellectual properties. know-how as a specific and little-known example of such assets -at least in iranian law-, isn't apart from the rules of competition law. this research in comparative attitude and regarding the specifics of innovative confidentia...

This essay, prepared for The Law and Economics of Irrational Behavior (Francesco Parisi and Vernon Smith eds., 2004), examines implications of bounded rationality for traditional economic analysis of public law enforcement. A brief application to the enforcement of employment discrimination laws by public agents is offered. * Professor of Law, Harvard Law School. Thanks to Louis Kaplow, Steven ...

Behavioral economic analysis of law is about bringing recent research about behavior and choice together with classical law and economics. In this essay we assess its relevance for the theory of optimal law enforcement. It is our view that criminal law is an area where behavioral analysis has a role to play. Notwithstanding the results so far provided by the behavioral approach are somehow disa...