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Economic Analysis of Law

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... Social network economics can show how mass atrocities may emerge spontaneously and unpredictably and how they diffuse over a network of perpetrators (Schelling 1971, Granovetter 1978. And concepts in politics and political economy such as power, ideology, the instrumental use of hate, and frictions arising in collective decision making can help explain why mass atrocities, once started, are so hard to stop (e.g., Glaeser 2005, Posner 2014). ...
... The crux of the matter revolves around the costs and benefits of negotiating the design of binding and enforceable treaties in the absence of supranational authorities. Posner (2014) notes, for instance, that while negotiating a multilateral treaty is less costly than negotiating many bilateral ones, the costs still are substantial and among the reasons why treaties often are single issue with relatively low performance thresholds. To bargain for a larger set of benefits, the costs might exceed what nation-states may be willing to commit in present and expected future costs. ...
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Counting conservatively, data show about 100 million mass atrocity-related deaths since 1900. A distinct empirical phenomenon, mass atrocities are events of enormous scale, severity, and brutality, occur in wartime and in peacetime, are geographically widespread, occur with surprising frequency, under various systems of governance, and can be long-lasting in their effects on economic and human development, wellbeing, and wealth, more so when nonfatal physical injuries and mental trauma also are considered. As such, mass atrocities are a major economic concern. Given the multidisciplinary nature of the subject matter, the pertinent conceptual, theoretical, and empirical literatures are voluminous and widely dispersed, and have not been synthesized before from an economics point of view. We address two gaps: a “mass atrocities gap” in the economics literature and an “economics gap” in mass atrocities scholarship. Our goals are, first, to survey and synthesize for economists a broad sweep of literatures on which to base further work in this field and, second, for both economists and noneconomists to learn how economic inquiry contributes to understanding the causes and conduct of mass atrocities and, possibly, to their mitigation and prevention. In drawing on standard, behavioral, identity, social network, and complex systems economics, we find that the big puzzles of the “how” and “why” of mass atrocities, and mass participation therein, are being well addressed. While new research on such topics will be valuable, work should also progress to develop improved prevention approaches. (JEL D72, D74, K38, N40, Z13)
... Most consumers even keep silent when harmed by defective food products. However, individuals are the best judges of their own actions (13). Because food safety is a major public issue related to individual health and social stability, each citizen can be considered a natural and unique participant in the food safety social co-governance system, wherein citizens have unique functions that differ from those of government, market, and social organizations. ...
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Objective This study aims to identify all actors that hold some responsibility for ensuring food safety based on the complete food supply chain in the context of China's current circumstances.Methods The study was conducted among citizens in Wuxi, Jiangsu, China. All citizens fully understood the purpose of the study and voluntarily agreed to participate. From December 10 to 14, 2020, a total of 398 valid samples were collected by the researchers using a structured questionnaire. Survey data were assessed using best–worst scaling and a mixed logit model from the perspective of citizen responsibility.ResultsIn descending order, responsibility for ensuring food safety goes from food producers and traders (including producers, distributors, and retailers) to the government, social organizations, news media, and finally to citizens. Food producers and traders are the actors who should take the greatest responsibility, whereas citizens bear the least responsibility.Conclusion The responsibility of citizens in food safety co-governance should be recognized but it should not be arbitrarily extended.
... 25 23. Richard A Posner, 1999, Economic Analysis of Law, Harvard University Press, hal, 122. 24. ...
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Hukum bukan hanya berguna sebagai sarana pengendali untuk memelihara ketertiban sosial, tetapi juga untuk mengendalikan perubahan masyarakat ke arah yang dikehendaki. Pancasila sebagai ideologi bangsa adalah paradigma atau kerangka pikir, sumber nilai, dan orientasi arah bagi penegakan. Perwujudan nilai-nilai itu menjadi keniscayaan, karena dalam praktik penegakan hukum terjadi diskrepansi, yakni ketidaksesuaian antara harapan dan kenyataan. Penegakan hukum dan kebijakan politik kerap melukai rasa keadilan. Dalam penegakan hukum pidana dan hukum tata negara telah meninggalkan rasa keadilan dan kebijakan politik kian elitis tak berpihak pada yang lemah. Mewujudkan hukum berkeadilan secara progresif adalah solusi sistemik untuk mewujudkan keadilan substansial. Maka dari itu, menjalankan hukum progresif adalah keniscayaan, yakni menegakkan hukum dengan memilih cara tidak hanya menurut prinsip logika, tetapi harus dengan independensi, perasaan, kepedulian, dan pemihakan kepada yang lemah. Hal ini sejalan dengan ajaran nilai-nilai yang terkandung dalam Pancasila, yakni berketuhanan, berperikemanusiaan, berpersatuan, berkerakyatan, dan berkeadilan. Inilah cara menjaga Pancasila dalam praktik penegakan hukum di Indonesia. Operasionalisasi hukum berkeadilan secara progresif adalah dengan cara mencari cara-cara baru (role breaking) dan terobosan inovatif, jika cara normal dan normatif tak mampu segera mewujudkan asas dan nilai mazhab Pancasila.
... The granting of patent protection is, analytically speaking, through the grant of a title to a particular invention, in fact the grant of a monopoly over it. 21 Yet, since according to economic science every monopoly is theoretically and empirically (of course, except for a natural monopoly): extremely harmful, dangerous, a source of inefficiency, destructive of economic and economic activity, inhibitive/inhibits innovation, facilitates the appropriation of unjustified monopoly rents, enables moral hazard, opportunism and nepotism, and thereby directly reduces social well-being, 22 IP law must strike a balance between fostering innovation and the dissemination of ideas. This trade-off between providing incentives to innovate and preventing monopolies is also the main reason for the strictly limited time of patent protection (up to 20 years) and for the evident rise in patent protection maintenance costs. ...
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Continents are facing an apocalyptic pandemic that is terribly dangerous for millions of their inhabitants. This paper seeks to address the role of intellectual property (IP) law in addressing the problem of the COVID‐19 pandemic. We suggest that the current international IP law regime and the Trade‐Related Aspects of Intellectual Property Rights Agreement are not insurmountable obstacles for access to a successful COVID‐19 vaccine. The publicly advocated fundamental reform or even abolition of the present IP law regime under serious information asymmetries might be counterproductive and distortive. Via existing compulsory licensing, advance purchase agreements and the employment of patent‐pools, research subsidies, reward mechanisms and reputational sanctions, governments can take the steps needed to effectively overcome any IP‐associated barriers to access to crucial medicines/vaccines, particularly during the COVID‐19 pandemic. Moreover, the current wave of medical research on COVID‐19 suggests the previous vaccine R&D ‘failures’ were driven by the modest demand for such vaccines and were not due to an inadequate IP‐incentive stream. The paper also suggests today's EU competition law rules on the horizontal exchange of information could be seen as an impediment to innovation and thus be temporary suspended.
... [12] Wealth Maximization Theory it is actually focuses on applying the principle of efficiency as a state in which resources are allocated, so the value is maximum. [13] Knowledge of microeconomic analysis of law is very relevant and important for the legal studies because the legal analysis will acquire new knowledge, which is to consider "cost and benefit ratio" In the formation of laws and law enforcement. [14] Richard Posner asserted that observing an economic perspective on the law create behavioral law or behavioral economy. ...
... It minimizes the opportunity of court officials to meet the disputing parties, thus preventing illegal levies and collusion involving court officials. [14] E-court system in Indonesia is carried out based on PERMA no. 1 of 2019, compared to developed countries that has applied electronic trial system, for instance, Singapore, Indonesia's is left behind. In Singapore, every citizen who possess SingPassID (for individual) and CorpPassID (for legal entity) can access electronic justice to litigate. ...
... Tratam-se, por certo, da matéria-prima dos juristas as divergências hermenêuticas, mas elas se ampliam de modo considerável, quando versam sobre a questão ambiental. As forças dissipadoras seriam produto da ideologia do laissez-faire, do racionalismo instrumental, da ignorância, do egoísmo ou mesmo da indiferença com o destino da humanidade (SMITH, 2013, p. xii) Não se podem desconsiderar os riscos de cooptação dos poderes institucionalizados, inclusive o Judiciário, pela força e interesses econômicos (GALE, 1986), quando não forem eles mesmos, os juízes, instrumentos de maximização de utilidades econômicas (POSNER, 1977). Tampouco se pode confiar apenas ou somente numa postura avantgard de um poder, cuja formação e estrutura parecem mais próximas de respostas conflitantes e, em nome da imparcialidade, propensas à manutenção do status quo (SUNS-TEIN, 1996, p. 176) 2 . ...
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A democracia ambiental é resultado da aquisição evolutiva que uniu o ideal de autodeterminação popular com o projeto de vida digna na Terra para as atuais e futuras gerações. Ela pressupõe e requer uma “política de efetivação” dos direitos e, em particular, do direito ao meio ambiente ecologicamente equilibrado ou adequado, por meio da participação popular e social. Orientações doutrinárias e a comunidade internacional têm identificado como pilares da democracia ambiental o triplo acesso: à informação, à participação e à Justiça. Este estudo avalia a importância e desvalia do acesso à justiça nesse processo. As considerações teóricas são examinadas no contexto de positivação constitucional e legal desse direito na Espanha e no Brasil. A comparação dos instrumentos de acesso e da resposta judicial apontará convergências, mas também diferenças importantes.
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In recent years, trial waivers (plea bargains in the United States) have been introduced into many legal systems around the world. Once trial waivers (TW) were introduced, most—if not all—of these legal systems witnessed a steep increase in the usage of TW, to the extent that trials are virtually disappearing. Our model explains why introducing TW into a legal system would almost inevitably trigger a dynamic process whose ultimate result is that all defendants choose the TW. The crux of the idea is that defendants who choose the TW option impose a negative externality on other defendants: the former help the prosecution save resources, thus forcing the latter to face stronger prosecution if they choose to go to trial. This further explains the observed increase in conviction rates in trials. We also show that the introduction of TW increases total sanctioning and reduces the welfare of many, if not all, defendants. The intuition for this is that a harsh punishment in a TW, which initially attracts only the most risk-averse defendant, becomes over time attractive to more and more defendants as the expected sanction in trial becomes more severe.
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O presente artigo elabora levantamento do custo do encarceramento no Brasil sob a ótica da Análise Econômica do Direito. Justifica-se a escolha do tema por se tratar de questão desconsiderada no mundo jurídico-penal e penitenciário brasileiro, e também pouco explorada no meio acadêmico e tratada de forma equivocada e exagerada nos meios de comunicação de massa. O objetivo da pesquisa é mostrar que a análise econômica do Direito é instrumento fundamental para determinar o custo do encarceramento em suas diferentes vertentes. Constatou-se que o cálculo do custo da privação da liberdade no Brasil incorre na omissão de aspectos relevantes que comprometem a veracidade das informações utilizadas, invariavelmente, em propostas de políticas públicas na área da segurança. Para demonstrar essa discrepância, comparam-se dados colhidos em fontes variadas, com ênfase a informações colhidas em instituições oficiais e análise crítica da realização da justiça por meio do encarceramento.
Chapter
Economic theories of the firm have important lessons for the theory of the marketing firm. They arise from the internalisation of contracting, asset-specificity and transaction costs, the intermediating function of the firm, goal separation as the definitional criterion of the firm, entrepreneurial encapsulation as the raison d’être of the marketing firm and the quest for the completion of the productive process. The marketing firm is treated generally as a profit-maximising organisation, but the possibility is raised here that it may be better represented as pursuing profit-constrained sales-revenue maximisation.
Chapter
The marketing firm differs from consumer organisations such as non-profits, co-operatives, partnerships and state-owned enterprises in terms of goal separation, metacontingency and the entrepreneurial pursuit of marketing completion. Consumer organisations do not pursue a goal that is separate from those of their stakeholders, nor produce an output that is over and above that of the combined behavioural inputs of their members, not yet seek to expand the scope of their operations by moving into new markets or even divesting themselves of existing missions. In all of these matters, they are vastly different from the marketing firm.
Chapter
This chapter summarises the nature of the marketing firm with particular reference to collective intentionality and metacontingency. The firm, especially in the form of the contemporary corporation, is often accused of ‘managerialism’, the pursuit by managers of their own interests at the expense of those of their workers and consumers. The firm is said to have superseded the market and its managers to have the discretion to ignore stakeholders other than themselves, notably shareholders, employees and consumers, so that the pursuit of narrow managerial interests can absorb the resources of the firm and the energies of its personnel. The chapter argues that in the light of what has been said about the marketing firm, it is difficult to sustain this view. Firms operate within the market as is apparent from the nexus of markets for which they are a conduit for contracting with shareholders, employees and consumerate. The inevitability of differing interests among stakeholders is tempered by the wants of the consumerate which enforces discipline of the external marketplace on all of the individuals and groups within the enterprise. Stakeholder groups provide one another with resources they could not otherwise obtain, notably the expertise and skill of the firm’s entrepreneurial managers in ensuring the creation and use of a profitable portfolio of marketing mixes. This is the basis of the cardinal relationship of the marketing firm.
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The reality of the administration of justice has changed over the last few decades through massive intervention of international and supranational actors within national judicial systems. Though state-centrism has progressively been eroded, the national State remains the “master of the game” in adjudication. A proper application of European private international law is the cornerstone of civil justice. It goes without saying that judicial training (in a wider sense, including the training of judges, practitioners, and other stakeholders) is important in order to achieve an adequate and unified application of European private international family and succession law. The EUFams II findings further highlight that education and training of professionals in this area of law are of paramount importance when it comes to fostering predictability and legal certainty. This contribution commences by explaining EU policy on judicial training and presenting the main training facilities and their features. The contribution then turns to methodological aspects of the transfer of knowledge in legal discourse. The second part of the contribution presents the EUFams II project results relevant to judicial training. It seeks to establish a direct link with EU justice policy objectives, methodologies, performance of judicial training at European training centers and national training academies that serve the system of justice in European family and succession law. Quantitative and qualitative analyses lead to conclusions and proposals in respect of future training policy and its desired performance in cross-border family and succession matters. Several methodological approaches are combined and presented in the contribution. The attempt to conceptualize pro futuro the judicial and legal professionals’ training in European family and succession law relies on all case law and legal instruments researched within the EUFams II Project, different questionnaires, published studies, evaluations and communications, and various scholarly contributions primarily in the fields of law and education. It has yielded the following ten practice-oriented and hands-on recommendations (rather than commandments) addressed to the EU and Member States alike. Summary of theses: 1. Training needs to continue being guided at the EU level. 2. Judicial training should be made a priority. 3. A study of training needs should be conducted in general, for each Member State, and for each legal instrument. 4. A model curriculum should be adopted at the EU level. 5. The training curriculum should be designed on several levels and ranked based on EU criteria. 6. Training should be based on modern teaching methodology. 7. EU funded material should follow an open access policy and remain available on a single webpage administered by the EU, even after the expiry of the respective project. 8. Training should be delivered to specific target groups. 9. Access to high quality training should be made available to all eligible judges. 10. International and national training should be kept in balance.
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O trabalho é uma revisão bibliográfica de três textos representativos da Filosofia do Direito norte-americana, na busca por associações e dissociações neles registradas acerca da metodologia da pesquisa aplicada ao Direito. O método empreendido é o das aproximações sucessivas, com a desconstrução de matriz derridariana. A resenha é utilizada para aproximação com as técnicas propostas discursivas, a fim de produzir asserções comuns aos autores examinados. Conclui-se com a sinalização crítica da relevância dos trabalhos e da corrente jusfilosófica para o estudo da Filosofia do Direito, considerando a vocação dos seus cultores para a solução concreta das questões da vida.
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