Rules and reasons,public and private on the use and limits of simple rules 25 years later

European Journal of Law and Economics - The basic “simple rules” thesis holds that most legal relationships can be reduced to questions of autonomy, property acquisition, contract and...     

Determination of Vehicle Speed from Recorded Video Using Reverse Projection Photogrammetry and File Metadata

The prevalence of security and in‐car video has increased the number of motor vehicle accidents captured on digital video. However, inconsistencies in how to accurately determine time and distance for vehicle speed has led to examinations with varying results. A potential solution for calculating time intervals is to use frame timing contained within many digital video file's metadata, recorded with 0.000001 sec precision. This paper examines a fatal motor vehicle accident where frame timing information was used with distance measurements from reverse projection photogrammetry to calculate vehicle speed. A margin of error was then calculated based on the accuracy in performing reverse projection photogrammetry distance measurements. The resulting speed calculation was then compared to event data recorder data and found to be within an average of ±1.43538 MPH. Using specific time intervals may lead investigators to more accurate speed calculations, specifically those involving variable frame rate video.     

Performance and prize decomposition in contests

This paper focuses on the effect of additive contest decomposition on performance: winning probabilities and efforts of the contestants. Our main result provides a sufficient condition for invariance of contest performance to the decomposition of a contest, when the sum of the possibly differently valued prizes in the segmented contests is equal to the value of the prize in the original grand contest and the relative prizes in the sub-contests are equal for every contestant. It is shown that this condition is satisfied by the commonly used exponential logistic contest success functions. With these functions the contest designer does not have an incentive to split the prize and create additive, segmented sub-contests. We then prove that when the additive contest decomposition is asymmetric, contest decomposition may adversely affect the designer; that it, reduce the total efforts of the contestants.     

Health Literacy in High-Risk Youth: A Descriptive Study of Children in Residential Care

Although previous studies have demonstrated that children in out-of-home care present with elevated levels of mental and physical health, educational, and behavioral problems, little is known about youth's ability to manage health care needs or access health information and support. This study evaluates the health literacy skills of 229 youth served in a residential setting. Results revealed that the majority of youth demonstrated some level of risk, and anywhere from one-quarter to one-third demonstrated significant health literacy deficits suggesting a need for additional research and treatment intervention. Implications, study limitations, and recommendations for practice and future research are discussed.     

Group specific public goods, orchestration of interest groups with free riding

We consider a situation in which two groups contest group-specific public goods. Each member of the group may have a different valuation of the prize. Our model can be interpreted as the contestants’ cost of lobbying efforts being non-linear, or the returns to their efforts being decreasing. We show that the level of free-riding depends on the return of the investment. We consider the situation under which one group initiates a contest to which different individuals and/or groups can be added. The question we pose is what is the optimal structure of additional groups?     

Nato Enlargement and the Spread of Democracy: Evidence and Expectations

The second enlargement of the North Atlantic Treaty Organization (NATO) since the end of the cold war fueled an ongoing debate over whether the alliance contributes to democratization in Europe. In the 1990s, critics warned that the 1999 NATO enlargement would cultivate a new cold war and prove irrelevant to democratic consolidation in central Europe. Events have not borne out these forecasts, however. In Poland, not only did NATO build a civilian consensus in favor of democratic control over the armed forces corresponding to NATO norms, but it also delegitimized Polish arguments for defense self-sufficiency that had derived their credibility from Poland's experience of military vulnerability and foreign domination. Such democratizing and denationalizing trends have contributed to stability in postcommunist Europe. An assessment of the seven states that joined in 2004 similarly reveals some scope for NATO's influence in all cases. The alliance's access to domestic reform processes, however, will be uneven across cases in ways largely consistent with the predictions of the theoretical framework in this article.

     

Central and East European Bank Responses to the Financial ‘Crisis’: Do Domestic Banks Perform Better in a Crisis than their Foreign-Owned Counterparts?

In the context of transition, nine out of the 10 post-communist countries that ultimately joined the European Union reluctantly privatised the bulk of their banking sectors with foreign capital. The financial crisis of 2008–2009 therefore sparked fears that foreign banks would remove their operations from their Central and East European markets because of a ‘home bias’ in lending. Such fears were predicated on the widely held beliefs that banks' loyalties lie with their home markets and that it is therefore desirable to protect domestic bank ownership to help combat an economic downturn. This essay casts doubt on the value of banking sector protectionism by comparing foreign and domestic bank behaviour in Central and Eastern Europe during the crisis. The essay finds no consistent relationship between domestic control and either limited economic vulnerability or countercyclical lending.     

Legislating from both sides of the aisle: Information and the value of bipartisan consensus

This paper motivates bipartisanship through a formal model in which committee members are assumed to possess policy expertise. Its central findings are: 1) bipartisan support for legislation is more informative than partisan support; 2) bipartisanship is preferred when the uncertainty surrounding outcomes is large and partisan policy differences are small; 3) “minority party gatekeeping” is possible when minority party members refuse to endorse majority party proposals; and 4) legislators with extreme preferences need minority party support to pass legislation. An equilibrium selection criterion is also introduced and applied to the model to predict under what conditions the majority party will seek bipartisan support.