optimal model expected level probability equilibrium assume high section positive case incentive set higher equal number function lower problem

0.44 Steven Shavell, Eminent Domain versus Government Purchase of Land Given Imperfect Information about Owners’ Valuations, Journal of Law and Economics, 2010.
0.42 Rudy Santore Alan D. Viard, Legal Fee Restrictions Moral Hazard and Attorney Rents, Journal of Law and Economics, 2001.
0.37 William R. Keeton Evan Kwerel, Externalities in Automobile Insurance and the Underinsured Driver Problem, Journal of Law and Economics, 1984.
0.36 Hans K. Hvide Eirik Gaard Kristiansen, Management of Knowledge Workers, Journal of Law and Economics, 2012.
0.33 Sanford J. Grossman, The Informational Role of Warranties and Private Disclosure about Product Quality, Journal of Law and Economics, 1981.
0.30 Pascal Courty, Ticket Pricing under Demand Uncertainty, Journal of Law and Economics, 2003.
0.28 Lewis A. Kornhauser, Reliance Reputation and Breach of Contract, Journal of Law and Economics, 1983.
0.28 Pablo T. Spiller, Politicians Interest Groups and Regulators: A Multiple-Principals Agency Theory of Regulation or "Let Them Be Bribed", Journal of Law and Economics, 1990.
0.27 Alan O. Sykes, Some Thoughts on the Real Estate Puzzle: Comment on Levmore "Commissions and Conflicts in Agency Arrangements: Lawyers Real Estate Brokers Underwriters and Other Agents' Rewards", Journal of Law and Economics, 1993.
0.27 Duncan Black, On Arrow's Impossibility Theorem, Journal of Law and Economics, 1969.
0.27 Matteo Rizzolli Luca Stanca, Judicial Errors and Crime Deterrence: Theory and Experimental Evidence, Journal of Law and Economics, 2012.
0.26 Alan Schwartz, Bankruptcy Workouts and Debt Contracts, Journal of Law and Economics, 1993.
0.26 A. Mitchell Polinsky Steven Shavell, Enforcement Costs and the Optimal Magnitude and Probability of Fines, Journal of Law and Economics, 1992.
0.26 Michael S. Knoll, Uncertainty Efficiency and the Brokerage Industry, Journal of Law and Economics, 1988.
0.26 Michael Frierman P. V. Viswanath, Agency Problems of Debt Convertible Securities and Deviations from Absolute Priority in Bankruptcy, Journal of Law and Economics, 1994.
0.26 Louis Kaplow Steven Shavell, Accuracy in the Determination of Liability, Journal of Law and Economics, 1994.
0.25 Kenton K. Yee, Control Premiums Minority Discounts and Optimal Judicial Valuation, Journal of Law and Economics, 2005.
0.25 Kenneth Hendricks Robert H. Porter Richard H. Spady, Random Reservation Prices and Bidding Behavior in OCS Drainage Auctions, Journal of Law and Economics, 1989.
0.25 Justin P. Johnson Michael Waldman, Leasing Lemons and Moral Hazard, Journal of Law and Economics, 2010.
0.24 Richard A. Ippolito, The Impact of the Minimum Wage If Workers Can Adjust Effort, Journal of Law and Economics, 2003.
0.24 Varouj A. Aivazian Jeffrey L. Callen, The Coase Theorem and the Empty Core, Journal of Law and Economics, 1981.
0.24 Sherwin Rosen Andrew M. Rosenfield, Ticket Pricing, Journal of Law and Economics, 1997.
0.23 Yannis Bakos Erik Brynjolfsson Douglas Lichtman, Shared Information Goods, Journal of Law and Economics, 1999.
0.23 Amy Farmer Dek Terrell, Crime versus Justice: Is There a Trade‐Off?, Journal of Law and Economics, 2001.
0.23 Sean M. Collins R. Mark Isaac, Holdout: Existence Information and Contingent Contracting, Journal of Law and Economics, 2012.
0.23 Eugene Kandel, The Right to Return, Journal of Law and Economics, 1996.
0.23 Alessandra Arcuri Giuseppe Dari‐Mattiacci, Centralization versus Decentralization as a Risk‐Return Trade‐Off, Journal of Law and Economics, 2010.
0.23 David D. Friedman, An Economic Analysis of Alternative Damage Rules for Breach of Contract, Journal of Law and Economics, 1989.
0.22 Lawrence M. De Brock, Market Structure Innovation and Optimal Patent Life, Journal of Law and Economics, 1985.
0.22 Lester G. Telser, Why Should Manufacturers Want Fair Trade II?, Journal of Law and Economics, 1990.
0.21 Hayne E. Leland, Comments on Grossman, Journal of Law and Economics, 1981.
0.21 Robert Innes, Takings Compensation and Equal Treatment for Owners of Developed and Undeveloped Property, Journal of Law and Economics, 1997.
0.21 Lester G. Telser, Cooperation Competition and Efficiency, Journal of Law and Economics, 1985.
0.20 Steven Shavell Tanguy van Ypersele, Rewards versus Intellectual Property Rights, Journal of Law and Economics, 2001.
0.20 Richard S. Higgins Paul H. Rubin, Counterfeit Goods, Journal of Law and Economics, 1986.
0.20 Lisa N. Takeyama, The Intertemporal Consequences of Unauthorized Reproduction of Intellectual Property, Journal of Law and Economics, 1997.
0.20 G. Frank Mathewson Ralph A. Winter, The Economics of Franchise Contracts, Journal of Law and Economics, 1985.
0.19 Russell D. Roberts, Recipient Preferences and the Design of Government Transfer Programs, Journal of Law and Economics, 1985.
0.19 Sam Peltzman, Toward a More General Theory of Regulation, Journal of Law and Economics, 1976.
0.19 Rudy Santore Michael McKee David Bjornstad, Patent Pools as a Solution to Efficient Licensing of Complementary Patents? Some Experimental Evidence, Journal of Law and Economics, 2010.
0.19 Michael Waldman, Eliminating the Market for Secondhand Goods: An Alternative Explanation for Leasing, Journal of Law and Economics, 1997.
0.19 G. Warren Nutter John H. Moore, A Theory of Competition, Journal of Law and Economics, 1976.
0.18 Tomas J. Philipson Richard A. Posner, Antitrust in the Not‐for‐Profit Sector, Journal of Law and Economics, 2009.
0.18 Benito Arruñada Nuno Garoupa, The Choice of Titling System in Land, Journal of Law and Economics, 2005.
0.18 Dennis W. Carlton, The Theory of Allocation and Its Implications for Marketing and Industrial Structure: Why Rationing Is Efficient, Journal of Law and Economics, 1991.
0.18 Roland H. Koller II, Inheritance Justified: A Comment, Journal of Law and Economics, 1973.
0.17 Yoram Barzel, Some Fallacies in the Interpretation of Information Costs, Journal of Law and Economics, 1977.
0.17 James D. Adams Lawrence W. Kenny, Optimal Tenure of Elected Public Officials, Journal of Law and Economics, 1986.
0.17 Yoram Barzel, A Theory of Rationing by Waiting, Journal of Law and Economics, 1974.
0.17 Phillip Nelson, Political Information, Journal of Law and Economics, 1976.
0.17 Frank H. Easterbrook William M. Landes Richard A. Posner, Contribution among Antitrust Defendants: A Legal and Economic Analysis, Journal of Law and Economics, 1980.
0.17 Alexander J. Triantis George G. Triantis, Timing Problems in Contract Breach Decisions, Journal of Law and Economics, 1998.
0.17 David A. Butz, Vertical Price Controls with Uncertain Demand, Journal of Law and Economics, 1997.
0.17 Wei Fan Michelle J. White, Personal Bankruptcy and the Level of Entrepreneurial Activity, Journal of Law and Economics, 2003.
0.17 Severin Borenstein, Settling for Coupons: Discount Contracts as Compensation and Punishment in Antitrust Lawsuits, Journal of Law and Economics, 1996.
0.17 R. H. Coase, The Coase Theorem and the Empty Core: A Comment, Journal of Law and Economics, 1981.
0.16 Kenneth V. Greene, Inheritance Unjustified?, Journal of Law and Economics, 1973.
0.16 Donald Dewey, Industrial Concentration and the Rate of Profit: Some Neglected Theory, Journal of Law and Economics, 1976.
0.16 Edward L. Glaeser José Scheinkman, Neither a Borrower Nor a Lender Be: An Economic Analysis of Interest Restrictions and Usury Laws, Journal of Law and Economics, 1998.
0.16 Eric Rasmusen, Stigma and Self-Fulfilling Expectations of Criminality, Journal of Law and Economics, 1996.
0.16 John W. Maxwell Thomas P. Lyon Steven C. Hackett, Self‐Regulation and Social Welfare: The Political Economy of Corporate Environmentalism, Journal of Law and Economics, 2000.
0.16 Christodoulos Stefanadis, Selective Contracts Foreclosure and the Chicago School View, Journal of Law and Economics, 1998.
0.16 Stanley M. Besen Sheila Nataraj Kirby, Private Copying Appropriability and Optimal Copying Royalties, Journal of Law and Economics, 1989.
0.15 Howard P. Marvel James Peck, Inventory Turnover and Product Variety, Journal of Law and Economics, 2008.
0.15 Serguey Braguinsky Steven Klepper Atsushi Ohyama, High-Tech Entrepreneurship, Journal of Law and Economics, 2012.
0.15 David Friedman, More Justice for Less Money, Journal of Law and Economics, 1996.
0.15 Oren Bar-Gill Oren Gazal Ayal, Plea Bargains Only for the Guilty, Journal of Law and Economics, 2006.