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Tag Archives: Infinite Regress
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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Infinite regress in law (a theoretical critique of the Hand formula)
Adjudication is the process of making decisions in law, but decision-making is a costly activity. For simplicity, we can model the process of adjudication (and decision-making generally) as a function consisting of two costly inputs: (i) RESEARCH or information-gathering and (ii) … Continue reading
prior probability 