Experimental Law and Economics: An Introduction

Introduction to Information Economics, Competition, Regulation, Law, and Society Minitrack

This mini-track is informed by the most modern thinking in information economics and competitive strategy, and includes many interdisciplinary applications of IS and technology. The opening session showcases research on broadband Internet services, cable TV adoption, and crosscarriage disputes in digital entertainment. The first paper, “How Can Substitution and Complementarity Effects Be Levera...

Law and Behavioral Economics

Although the impact of economics on the analysis and practice of law is beyond any reasonable doubt, such impact and influence has been decreasing over time. This may be partly due to the fact that many economists seem to have forgotten the practical goals with which the field of law and economics was endowed. But it may also be due to the fact that researchers in behavioral economics found an ...

Expressive Law and Economics

This article develops an economic theory of expressive law. By expressing social values, law can tip a system of social norms into a new equilibrium. This process can create or destroy a social norm without changing individual values. In addition, law can change the individual values of rational people. Internalizing a social norm is a moral commitment that attaches a psychological penalty to a...

Empirical Law and Economics

Introduction A New Approach in Engineering Economics

Engineering economy set of mathematical techniques for economic evaluation of investment projects that present value and internal rate of return method are among the most important of these methods. Managers and investors have many reasons to using internal rate of return greater willingness shown. This is while the serious problems associated with using internal rate of return method. In recen...