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THE IMPORTANCE OF LAW AND ECONOMICS IN THE CONTEMPORARY ECONOMIC REALITY
The law and economics movement can improve the functioning of companies doing business in the contemporary, rapidly changing, reality. The tensions between the idea of efficiency and the idea of justice cause difficulties in the application of tools ...
Joanna Pomaskow
doaj +1 more source
Vague Lies and Lax Standards of Proof: On the Law and Economics of Advice
This paper analyses a persuasion game where a seller provides (un)biased and (im)precise advice and may be fined by an authority for misleading the buyers. In the equilibrium, biasing the advice and making it noisier are complements.
M. Drugov, Marta Troya-Martinez
semanticscholar +1 more source
Foreign labor, peer‐networking and agricultural efficiency in the Italian dairy sector
Abstract While the presence of immigrants in the agricultural sector is widely acknowledged, the empirical evidence on its economic consequences is lacking, especially from a microeconomic perspective. Using the Farm Accountancy Data Network panel data for Italian dairy farms in the period 2008–2018, the present study investigates the relationship ...
Federico Antonioli+2 more
wiley +1 more source
Law-and-Economics Approaches to Labour and Employment Law
This article describes the distinctive approaches that law and economics takes to labour and employment law. The article distinguishes between ‘economic analysis of law’ and ‘law and economics’, with the former applying economic models to generally ...
Stewart J. Schwab
semanticscholar +1 more source
Abstract This study explores the rent price ratio in agricultural land markets, crucial for evaluating market efficiency, policy needs, and farmer decision‐making. Traditionally, the analyses faced challenges due to the absence of concurrent sale and rent data for the same land, potentially leading to biased results.
Marius Michels+4 more
wiley +1 more source
“Constructal Theory: From Engineering to Physics, and How Flow Systems Develop Shape and Structure” [PDF]
Constructal theory and its applications to various fields ranging from engineering to natural living and inanimate systems, and to social organization and economics, are reviewed in this paper.
Reis, A. Heitor
core +1 more source
ABSTRACT This study investigates the financial literacy (FL) of Swedish farmers, its linkages to farmer characteristics, management accounting practices and farm outcomes by surveying Swedish Farm Accountancy Data Network farmers. Using item response theory, we expand the existing FL measurement specifically to the farming context, assess measurement ...
Uliana Gottlieb, Helena Hansson
wiley +1 more source
Behavioral Law and Economics [PDF]
Behavioral economics has been a growing force in many fields of applied economics, including public economics, labor economics, health economics, and law and economics.
Christine Jolls
core
With the iteration of information technology and the enhancement of the arithmetic power of huge amounts of data, the economic model of digital platforms driven by data has become an important carrier of digital trade and digital economic development. By
Gehui Zhu+3 more
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The law and economics of AI liability
Miriam C. Buiten, A. D. Streel, M. Peitz
semanticscholar +1 more source