The regulation of groups: the influence of legal and nonlegal sanctions on collective action

Article Abstract:

Laws and regulatory efforts that are intended to influence behavior must recognize that norms and non-legal sanctions affect behavior in ways that are neither neutral or negligible. Well-intentioned legal actions can undermine collective behavior that would have resulted in greater welfare gains. In other instances, resource transfers to groups exhibiting strong collectiveness can result in greater welfare gains than would result without intervention. These findings may suggest different policy approaches to labor unions, welfare programs and discrimination laws.

Industry regulations, Government regulation of business, Trade regulation, Collective behavior, Law and economics, Law and economics (Jurisprudence)

---

Limits on the privity and assignment of legal malpractice claims

Article Abstract:

Courts have resisted allowing assignment of legal malpractice claims to third parties although they have relaxed the privity requirement. However, voluntary assignments of legal malpractice claims would accomplish the same goals as abandonment of privity and should be given more consideration by courts. With safeguards against abuse, voluntary assignments would improve the equity and efficiency of the legal system by fostering a market in legal malpractice claims.

Analysis, Attorneys, Lawyers, Assignments, Assignments (Law), Malpractice, Legal malpractice, Privity

---

Ambiguous quality changes from taxes and legal rules

Article Abstract:

The author discusses the impact which changes in tax law and legal rules have on the quality of products and services.

United States, Tax law, Influence, Quality control, Liability (Law), Legal liability

Similar abstracts:

• Abstracts: The self-regulation of commodity exchanges: the case of market manipulation. An application of core theory to the analysis of ocean shipping markets
• Abstracts: The effectiveness of the insider-trading sanctions. Law or economics? Simple games in a complex world: a generative approach to the adoption of norms
• Abstracts: Yes: toward a politics of inclusion. Is the legal profession on the trash heap? The Racial Preference Licensing Act; a fable about the politics of hate
• Abstracts: Commercial power and competitor litigation. Choice of law in tort in domestic and international litigation. The court-room economist in Australian antitrust litigation: an underutilised resource?
• Abstracts: Babe Ruth: the sultan of legal cites? Yup. Quality legal aid: going, going, gone

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.