Arrow's disclosure paradox implies that information that is not afforded legal protection cannot be bought or sold on the market. This paper emphasizes the important relationship between the paradox of disclosure and the boundaries of the firm question. Only legally

The law grants patents to inventors and copyrights to authors to encourage investments in technological and cultural innovation. While addressing an appropriability problem faced by innovators, these intellectual property rights create a different problem by supplying rightsholders with powerful weapons

Few events obtain the same instant national and even worldwide news coverage as when several people are shot and killed in a public place. The worst examples in the United States come readily to mind Colin Ferguson killed 6 people during his rampage on the Long Island(NY) Railroad in December 1993: 22 people were killed during the October 1991 shooting in Luby's Cafeteria in Killeen, Texas; 5 persons died at the Cleveland Elementary School

Professor Stephen Waddams'new book emphasizes the many dimensions of private law and seeks to prove the inadequacy of simple explanations or categorizations of this law. Waddams distrusts the divisions between public and private law, between property and obligations, and within obligations

Corporate law is a field that underwent as thorough a revolution in the 1980s as can be imagined, in scholarship and practice, methodological and organizational, in which finance and the economic theory of the firm were used to inform the field. The timing of this revolution was not a fortuitous occurrence: it followed a revolution in corporate finance and

In recent years, there has been surge in academic interest in the \ownership\ of corporations, and in the links between ownership and performance The interest in this issue is driven by rapid changes going on in international capital markets, as well as in the corporate sector in many countries

CPIME on the Prevention of crim Original: english and the Treatment of offenders Vienna, 10-17 April 2000 Item 6 of the provisional agenda Offenders and victims: accountability and fairness in the justice process Women in the criminal justice system Background paper for the workshop on women in the criminal justice system

l. Policing and pr ocedure 2. Defining Crimes and Sent 3. Spending C. Executive branch politics and the

corporation with its key attributes of independent personality, limited liability and free o n most countries large business enterprises today are organized as corporations. Th tradeability of shares has played a key role in most developed market economies since the

This paper can be downloaded without charge from the Social Science Research Network electronic library at: http: //papers.ssrn. com/paper. taf?abstract id=10037 Bernard Black Reinier Kraakman' In this Article, Professors Black and Kraakman develop a \self-enforcing\ approach