Democracy, Judicial Attitudes and Heterogeneity: The Civil Versus Common Law Tradition

A key issue in the design of a legal system is the choice of the mechanism aggregating citizens ’ preferences over the harshness of punishment. While under Case law appellate judges ’ biases offset one another at the cost of volatility of the law, under Statute law a corruptible Legislator chooses certain rules that are biased only if she favors special interests: i.e., when the preference heterogeneity is sufficiently high and/or the political process sufficiently inefficient. Thus, society should possibly choose Case law only in the last scenario. Instrumental variables estimates based on data from 156 countries, which possibly reformed the transplanted law making institution, confirm this prediction

Property rights, transaction costs, and the limits of the market

To clarify the determinants and interaction of property rights and transaction costs, I study the design of the property rights on either a good whose consensual transfer entails a transaction inefficiency or an upstream firm’s input whose random cost is nonverifiable and ex ante non-contractible. More disperse traders’ valuations and larger odds that the upstream party can appropriate the quasi-rent induced by contract incompleteness produce more severe transaction inefficiencies and larger incomplete contracting costs, respectively. Larger transaction costs, in turn, induce weaker property rights because of the trade-off between inefficient exclusion from trade/innovation and expropriation. These implications survive when some transactors have more political influence on institutional design, or I consider the disincentive effect of weak property rights. Furthermore, they are consistent with the interplay among proxies for the availability of technological progress, severity of transaction costs and strength of property rights for 139 countries observed between 2006 and 2018

Antioxidative Defense and Fertility Rate in the Assessment of Reprotoxicity Risk Posed by Global Warming

The objective of this review is to briefly summarize the recent progress in studies done on the assessment of reprotoxicity risk posed by global warming for the foundation of strategic tool in ecosystem-based adaptation. The selected animal data analysis that was used in this paper focuses on antioxidative markers and fertility rate estimated over the period 2000–2019. We followed a phylogenetic methodology in order to report data on a panel of selected organisms that show dangerous eects. The oxidative damage studies related to temperature fluctuation occurring in biosentinels of dierent invertebrate and vertebrate classes show a consistently maintained physiological defense. Furthermore, the results from homeothermic and poikilothermic species in our study highlight the influence of temperature rise on reprotoxicity

Combining social sciences, geoscience and archaeology to understand societal collapse

Despite its apparently obvious conclusion that adverse environmental conditions must produce economic and institutional crises, the "collapse archaeology" literature has been criticized for its lack of a formal theory, a credible measurement strategy and a proper understanding of the roles of environmental shocks. To tackle this issue, we propose to combine a time inconsistency theory of state formation and evolutiondi.e., state-building, institutional proxies based on this model and highly granular simulated climate data. To clarify our proposal, we apply it to the study of state-building in Bronze Age Mesopotamia, and we show that moderate droughts shaped these economies directly via deteriorated production conditions as well as indirectly via institutional resilience.& COPY; 2023 The Authors. Published by Elsevier Ltd. This is an open access article under the CC BY license (http://creativecommons.org/licenses/by/4.0/)