Microeconomic Natural Law, Portfolio Principle and Economics Textbooks

Final Exam Economics 501 b Microeconomic Theory

This is a closed-book exam. The exam lasts for 180 minutes. Please write clearly and legibly. Be especially careful in the definition of the game, the payoff function and the equilibrium notions. The allocated points are also a good indicator for your time budget. Please record the answer for each question in a separate bluebook.

Microeconomic framework for the economics of whales

We adopted an economic analysis to evaluate and discuss the management of conservation and commercial exploitation of whales. In particular, the paper starts from the recent proposal to create and implement a quota market for whale trading and attempts to address and develop selected economic issues, in order to move towards understanding the economics of whales. We can summarize our findings i...

Economics 8103 Microeconomic Theory Spring 2005

Criminal Law Textbooks and Human Betterment

Anders Walker makes several fascinating observations about the contents of textbooks and how they relate to competing visions of what courses in substantive criminal law should seek to accomplish. He advances at least two theses. He states that “every year” (1) “thousands of law students graduate thinking that they have studied criminal law using the case method, when they have not”; and (2) “t...

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 ...