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Empirical evidence and common sense tell us that most people are responsive to economic incentives as well as social and moral norms, and that these sets of incentives are often in tension. The tradeoffs between moral and financial preferences are particularly salient in much legal decision-making, especially in the private law context. This paper presents the methods and results of two new be…
- Tahun Terbit
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Pharmacy benefit managers (PBMs) potentially lower costs associated with prescription drugs through increased bargaining power with manufacturers. PBMs engage in selective contracting with pharmacies which has the potential to reduce retail competition, leading to increased prices. Proponents of �Any Willing Provider (AWP)� and �Freedom of Choice (FOC)� laws limiting this s…
- Tahun Terbit
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The paper offers a formal model of analogical legal reasoning and takes the model to data. Under the model, the outcome of a newcase is aweighted average of the outcomes of prior cases. Theweights capture precedential influence and depend on fact similarity (distance in fact space) and precedential authority (position in the judicial hierarchy). The empirical analysis suggests that the model is…
- Tahun Terbit
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This paper assesses and decomposes gender disparities in federal criminal cases. It finds large unexplained gaps favoring women throughout the sentence length distribution, conditional on arrest offense, criminal history, and other pre-charge observables. Decompositions show that most of the unexplained disparity appears to emerge during charging, plea-bargaining, and sentencing fact-finding. …
- Tahun Terbit
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