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Titlebook: Law and Economic Development; Behavioral and Moral Kaushik Basu,Ajit Mishra Book 2023 The Editor(s) (if applicable) and The Author(s), unde

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,“A Giant Glob of Oily Ambiguity”: On the Use of the Concept of Power in Economics,ake it into account. This can lead to economic analyses that fail to fully disentangle the different aspects of a problem that is being modeled or to ineffective policy advice that is not fully connected to the real world. Over the last half century, the field of economics has made great advances in
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Temptation and Crime,iolate those laws and at times succumb to that temptation. The standard “Beckerian” model of crime, however, does not adequately capture this internal conflict. In this paper, we propose a model of crime that captures this conflict by building on (Gul and Pesendorfer in . 69:1403–1435, 2001) model o
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Moral Costs of Corruption: A Review of the Literature,nd interpret the main results in the literature. We discuss how norms and social preferences affect levels of intrinsic honesty, how image consciousness is related to corruption, the trade-offs between ability and integrity in public service and finally the literature on policy interventions to expl
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Law and Industrial Policy in the Age of (De)Globalization: The Perspective of IP Protection,onomic integration and global governance. In the first example, litigants choose the location to file legal suits regarding Standard Essential Patents (SEPs), whereas the second example relates to how IP litigation outcomes differ in China between cases with foreign plaintiffs and those with domesti
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Legal Challenges for Corporations in the 21st Century,nal Economic Association (IEA) Roundtable. The three panellists for this session were Dr. Naushad Forbes (Co-Chairman, Forbes Marshall), Mr. Dhruv Sawhney (Chairman, Triveni Group, India), and Mr. Janmejaya Sinha (Chairman, Boston Consulting, India). The session covered three main issues, and this c
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