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Category Archives: Law
How easy is it to fix an NFL game?
Match fixing has occurred in soccer leagues around the world, so why should the NFL (or college football, for that matter) be any different? In fact, according to this devious report by Brian “The-Fix-Is-In” Touhy, it is much easier to “fix” or … Continue reading
Posted in Deception, Economics, Law, Questions Rarely Asked, Sports
Tagged bets, Match-fixing
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All proof is probabilistic
That is the premise of our latest paper “Visualizing Probabilistic Proof.” (We’ve blogged about this paper before, but the latest draft of our paper is available on SSRN here and will be published in an upcoming volume of The Washington University Jurisprudence … Continue reading
Infinite regress, bias, and the Coase theorem
In their paper “Motive attribution asymmetry for love vs. hate drives intractable conflict,” Adam Waytz, Liane Young and Jeremy Ginge appear to extend the logic of the Coase Theorem into the domain of politics. Specifically, Waytz, Young, and Ginge study the problem of … Continue reading
Posted in Economics, Law, Philosophy, Politics
Tagged Bias, Coase Theorem, Infinite Regress
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Multiple Comparisons and the Law
Originally posted on Error Statistics Philosophy:
. The following is from Nathan Schachtman’s legal blog, with various comments and added emphases (by me). He will try to reply to comments/queries. “Courts Can and Must Acknowledge Multiple Comparisons in Statistical Analyses”…
Posted in Bayesian Reasoning, Law, Philosophy
Tagged Deborah Mayo, Nathan Schachtman
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“The possibility of a general theory of emergency”
That is the subtitle of this fascinating paper — the full title of the paper is “Exception and Necessity: The Possibility of a General Theory of Emergency” — written by our colleague William Vazquez-Irizarry, a law professor at the University of Puerto Rico. … Continue reading
Posted in Economics, Law, Philosophy
Tagged John Rawls, Necessity, Ronald Coase, State of Exception
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John Suh is not a lawyer
He is, however, a graduate of the Harvard Business School and the CEO of LegalZoom. So, will new business models like LegalZoom and new technologies like Watson Debater make lawyers and law firms obsolete? We’ve just read Susan Beck’s excellent report “Emerging Technology … Continue reading
The Mission Playground Incident
Does this four-and-one-half-minute video depict a Tragedy of the Commons? Does it falsify or confirm the main tenets of the Coase Theorem? After all, “transaction costs” are low, yet we don’t we see any Coasean bargaining in this situation, or do we …? At last count (12 … Continue reading
Posted in Current Affairs, Economics, Law
Tagged Coase Theorem, Property Rights, Tragedy of the Commons
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Nobel Prize 2014: Jean Tirole
Originally posted on A Fine Theorem:
A Nobel Prize for applied theory – now this something I can get behind! Jean Tirole’s prize announcement credits him for his work on market power and regulation, and there is no question that…
Who pays?
Eve Moneypenny and James Bond appear to commit a number of civil torts in this dramatic opening scene of the 2012 film Skyfall (filmed on location in Istanbul, Turkey). Is their employer, MI6, not liable to the various victims for any of the … Continue reading
Posted in Law, Property Rights, Questions Rarely Asked
Tagged Eve Moneypenny, James Bond, MI6, Principal-Agent Relationship
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prior probability 