Emory EconomicsPub Date : 2014-12-07DOI: 10.2139/SSRN.2549535
Sue H. Mialon
{"title":"Declining Moral Standards and the Role of Law","authors":"Sue H. Mialon","doi":"10.2139/SSRN.2549535","DOIUrl":"https://doi.org/10.2139/SSRN.2549535","url":null,"abstract":"This paper examines how moral rules form in the process of social learning in order to analyze the relationship between legal rules and moral rules. Members of society learn morality from the observed behavior of other members. Their incentive to act morally is influenced by their expectation of other members' moral behavior. The moral standards of a society are built on the outcomes of such interactions over time. We show that moral standards can quickly deteriorate even if the majority of the members have a strong moral sense individually. When insufficient moral sanctions for wrongful actions are observed, the members form a belief that the society's moral standards are lower than what they had expected. Such a belief encourages more wrongful actions and results in less incentive for the members to act morally. As the moral standards decline, moral rules may not be able to regulate behavior. Legal sanctions can prevent such a decline as they offer an objective and time-invariant level of expectation for the enforcement of rules. Hence, morality is less likely to degenerate in the presence of legal rules. We discuss how strong morality can enhance the effectiveness of law enforcement, in turn.","PeriodicalId":414836,"journal":{"name":"Emory Economics","volume":"12 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2014-12-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"123657368","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Emory EconomicsPub Date : 2008-06-01DOI: 10.1057/9780230582354_1
E. Maasoumi, M. Lugo
{"title":"The Information Basis of Multivariate Poverty Assessments","authors":"E. Maasoumi, M. Lugo","doi":"10.1057/9780230582354_1","DOIUrl":"https://doi.org/10.1057/9780230582354_1","url":null,"abstract":"","PeriodicalId":414836,"journal":{"name":"Emory Economics","volume":"43 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2008-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128560846","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Emory EconomicsPub Date : 2005-05-06DOI: 10.1628/093245605774259345
Mingli Zheng, S. Anwar
{"title":"Rational Legal Decision-Making, Value Judgment and Efficient Precaution in Tort law","authors":"Mingli Zheng, S. Anwar","doi":"10.1628/093245605774259345","DOIUrl":"https://doi.org/10.1628/093245605774259345","url":null,"abstract":"By reinterpreting Savage axioms as axioms of the social rationality over resource allocations, we derive a social welfare function encompassing individual social values and a social attitude towards distributional inequality. Wealth maximization becomes the purpose of law only if individuals have equal social values and the society does not care about distributional inequality. In tort law, when the injurer is less socially valued than the victim, the society imposes a stricter due precaution level, and punitive damages will be awarded. Tort law also implicitly transfers wealth from the less socially valued party to the more socially valued party.","PeriodicalId":414836,"journal":{"name":"Emory Economics","volume":"40 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2005-05-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"116346993","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Policy Makers' Preferences, Party Ideology, and the Political Business Cycle","authors":"S. Krause, Fabio Méndez","doi":"10.2307/20062078","DOIUrl":"https://doi.org/10.2307/20062078","url":null,"abstract":"We generate a time-series of relative preferences of policy makers for inflation stability using a sample of 24 countries in order to study the behavior of political parties. Such behavior is essential in both the partisan cycle models and the opportunistic political cycle analysis. Our evidence tends to support the partisan view, with right-wing parties exhibiting a higher preference towards stabilizing inflation than left-wing parties, while obtaining mixed results on the opportunistic behavior of incumbent parties. Finally, when we analyze the behavior of separate ideologies, we find overwhelming support of party resemblance on election year and evidence favoring an opportunistic conduct by right-wing parties.","PeriodicalId":414836,"journal":{"name":"Emory Economics","volume":"6 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2005-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"134314817","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Emory EconomicsPub Date : 2004-08-01DOI: 10.2139/SSRN.482653
E. Neumayer
{"title":"Is inequality really a major cause of violent crime? Evidence from a cross-national panel of robbery and violent theft rates","authors":"E. Neumayer","doi":"10.2139/SSRN.482653","DOIUrl":"https://doi.org/10.2139/SSRN.482653","url":null,"abstract":"This article argues that the link between income inequality and violent property crime might be spurious, complementing a similar argument in prior analysis by the author on the determinants of homicide. In contrast, Fajnzylber, Lederman & Loayza (1998; 2002a, b) provide seemingly strong and robust evidence that inequality causes a higher rate of both homicide and robbery/violent theft even after controlling for country-specific fixed effects. Our results suggest that inequality is not a statistically significant determinant, unless either country-specific effects are not controlled for or the sample is artificially restricted to a small number of countries. The reason why the link between inequality and violent property crime might be spurious is that income inequality is likely to be strongly correlated with country-specific fixed effects such as cultural differences. A high degree of inequality might be socially undesirable for any number of reasons, but that it causes violent crime is far from proven.","PeriodicalId":414836,"journal":{"name":"Emory Economics","volume":"31 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2004-08-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"125743341","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Emory EconomicsPub Date : 2000-03-25DOI: 10.2139/SSRN.219935
E. Rasmusen
{"title":"An Economic Approach to Adultery Law","authors":"E. Rasmusen","doi":"10.2139/SSRN.219935","DOIUrl":"https://doi.org/10.2139/SSRN.219935","url":null,"abstract":"A long-term relationship such as marriage will not operate efficiently without sanctions for misconduct, of which adultery is one example. Traditional legal sanctions can be seen as different combinations of various features, differing in who initiates punishment, whether punishment is just a transfer or has real costs, who gets the transfer or pays the costs, whether the penalty is determined ex ante or ex post, whether spousal rights are alienable, and who is punished. Three typical sanctions, criminal penalties for adultery, the tort of alienation of affections, and the self-help remedy of justification are formally modelled. The penalties are then discussed in a variety of specific applications to past and present Indiana law . In fact, there is no warranty at all. And if there are blank lines after this, well that is too bad bec as you will see they are not needed nor wanted and if I have been really careful, they will disappear just like the indentations.","PeriodicalId":414836,"journal":{"name":"Emory Economics","volume":"132 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2000-03-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128752636","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Blackmail as a Victimless Crime: Reply to Altman","authors":"W. Block, Robert W. McGee","doi":"10.2139/SSRN.83348","DOIUrl":"https://doi.org/10.2139/SSRN.83348","url":null,"abstract":"The legal theory of blackmail is the veritable puzzle surrounded by a mystery wrapped in an enigma. Consider. Blackmail consists of two things, each indisputably legal on their own; yet, when combined in a single act, the result is considered a crime. What are the two things? First, there is either a threat or an offer. In the former case, it is, typically, to publicize an embarrassing secret; in the latter, it is to remain silent about this information. Second, there is a demand or a request for funds or other valuable considerations. When put together, there is a threat that unless paid off, the secret will be told. Either of these things, standing alone, is perfectly legal. To tell an embarrassing secret is to do no more than gossip; no one has ever been incarcerated for that. To ask for money is likewise a legitimate activity, as everyone from Bill Clinton to the beggar to the fund raiser for the local charity can attest. Yet when combined, the result is called blackmail and it is widely seen as a crime. But that is just the puzzle. The mystery is that over a dozen attempts to account for this puzzle have been written, and not a one of them agrees to any great extent with any other. It is as if there are a plethora of witnesses to a motor vehicle accident, each not only disagreeing with all the others, but each telling a completely different story. The enigma is that with the exception of a corporal's guard of commentators, no one has seen fit to assert the contrary: that two legal \"whites\" cannot make an illegal \"black.\" This is precisely the point of the present paper. The authors maintain that since it is legal to gossip, it should therefore not be against the law to threaten to gossip, unless paid off not to do so. In a word, blackmail is a victimless crime, and must be legalized, if justice is to be attained. The authors also reply to a paper written by Scott Altman, who takes a different position.","PeriodicalId":414836,"journal":{"name":"Emory Economics","volume":"104 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1998-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124218963","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}