100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Previously searched by you
Previously searched by you
logo
2021 - Empirical Legal Studies: powerpoint summary week 1-5 $6.55
Add to cart
Quickly navigate to
Preview
  2.  
  3. Universiteit Van Amsterdam (UvA)
  4.  
  5. Law & Economics II Empirical Legal Studies (3013L4Q0KY)

Summary

2021 - Empirical Legal Studies: powerpoint summary week 1-5
 0 purchase
  • Course
  • Law & Economics II Empirical Legal Studies (3013L4Q0KY)
  • Institution
  • Universiteit Van Amsterdam (UvA)

These notes are powerpoint notes from week 1 until week 5 of the course Empirical Legal Studies, the second course of the minor Law&Economics. The notes are made in goodnotes and include graphs, tables and all of the other important information from the powerpoints. The powerpoints from week 6 and ...

[Show more]

Preview 2 out of 5  pages

Document information

  • January 27, 2021
  • 5
  • 2020/2021
  • Summary

Subjects

  • powerpoint
  • law and economics
  • goodnotes
  • powerpoints
  • digital notes
  • graphs
  • law
  • economics
  • legal studies
  • faculty of law
  • summary

Written for

  • Universiteit van Amsterdam (UvA)
  • Minor Law & Economics
  • Law & Economics II Empirical Legal Studies (3013L4Q0KY)
All documents for this subject (3)

Seller

avatar-seller
robinverheul

Reviews received

Content preview

week 1 - powerpoints
The origins of democracy - Robert k. Fleck and F. Andrew Hanssen

research question: how can we explain that different societies have different levels of democracy?

predictions from their theory:
> democracy is a concession of power from the elite to the masses
> the elite detains power and is interested in exploiting the masses
> if the ground is easy to control, the elite can oblige the masses to work by using force
> if the ground is difficult to control, force will not get the masses to work

the elite meets to assure te s I (0, 30)
o pria
the masses there will be the time-inconsistency problem
exp
r
no ex post expropriation elite
••
s
concession of power from est elite
r inv doe
sn
me ot e
elite to the masses works elite commits far xpr
opr
not to expropriate iate
as a guarantee from ex Go .
(15, 15)
post expropriation (solution) far
me
rd
oes
not
inv
est < (10, 10)



to ty t2 t3




prediction 1: prediction 2:
There is a lower likelihood of democratic There is a greater likelihood of democratic
institutions where the level of output without the institutions where the investment yields a large
investment is high (high r) and a greater likelihood increase in output (high i) and a lower likelihood of
of democratic institutions where the level of democratic institutions where the investment yields
output without the investment is low (low r). a small increase in output (low i).


2 authors




Robert K. Fleck F. Andrew Hanssen
> professor of economics > professor in Economics

disciplines: disciplines:
> political economy > institutions
> public finance > law and economics
> economic history > political economy
> law and economics > industrial organization
> development economics

, week 2 - powerpoints
Article: does anyone read the fine print? positive externality:
> the ones who read pay cost of reading
research question: do people read the fine print? and why? > all others benefit better contracts
predictions: eula: end user license agreement
> contracts contain standard terms that apply to buyers
> these terms are in a standard form
> reading and understanding contracts takes a lot of time
> if nobody reads the terms of a contract, firms can write whatever they want in there
informed minority hypothesis: a minority does read the terms and this minority is large enough to put
pressure on the firm to offer good terms to the consumer.

buyers
hypothetical testing example: criminal trial
h0: defendant is innocent readers -




H0: hypothesis to be tested h1: defendant is guilty non buyers
shoppers
H1: alternative hypothesis -

buyers

rejecting H0 means that the hypothesis to be tested is very unlikely non readers
.




the chosen significance level determines when H0 wil be rejected. -
non buyers

procedure of hypothesis testing:
1. formulate. hypothesis readers

2. choose a significance level I
non shoppers
3. run the tests non readers

4. determine the probability that the results of the test would be obtained if H0 were true
5. reject H0 if this probability is lower than the significance level

statistical significance versus economic significance
economic significance: the results should have a sizable effect

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller robinverheul. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $6.55. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

66184 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 15 years now

Start selling
$6.55
  • (0)
Add to cart
Added