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В разделе собрана информация о статьях по экономике, социологии и менеджменту. Во многих случаях приводятся полные тексты статей. (подробнее...)

Journal of Political Economy

Выпуски:
Опубликовано на портале: 12-07-2007
Kathryn L. Shaw, Francine Lafontaine Journal of Political Economy. 2007.  Vol. 107. No. 5. P. 1041-1080. 
This paper provides the first systematic evidence on how franchisors adjust their royalty rates and franchise fees as they gain franchising experience. This evidence comes from a unique panel data set that we assembled on these monetary contract terms for about 1,000 franchisors each year for the 1980-92 period.
ресурс содержит полный текст, либо отрывок из него ресурс содержит гиперссылку на сайт, на котором можно найти дополнительную информацию
Опубликовано на портале: 06-11-2008
Nicola Gennaioli, Andrei Shleifer Journal of Political Economy. 2007.  Vol. 115. No. 1. P. 43-68. 
We present a model of lawmaking by appellate courts in which judges influenced by policy preferences can distinguish precedents at some cost. We find a cost and a benefit of diversity of judicial views. Policy-motivated judges distort the law away from efficiency, but diversity of judicial views also fosters legal evolution and increases the law's precision. We call our central finding the Cardozo theorem: even when judges are motivated by personal agendas, legal evolution is, on average, beneficial because it washes out judicial biases and renders the law more precise. Our paper provides a theoretical foundation for the evolutionary adaptability of common law.
ресурс содержит гиперссылку на сайт, на котором можно найти дополнительную информацию