...This chapter demonstrates applications of the value functional or recursive approach to topics in law and economics, including the effects of government policy on business decisions, and the estimation of economic damages incurred due to breaches of contracts. The effect of uncertainty in future...

...Crime victims experience the consequences of crime directly in the form of physical injury, emotional trauma, and lost property. This chapter examines two particular consequences of crime: physical violence and monetary damages. It studies the connection between criminal actions, extraction of loot...

...This chapter examines the spread of two critical U.S. antitrust remedies—private damages and imprisonment—to competition law regimes around the world. After discussing the history of the acceptance of these remedies in the United States, the chapter presents a study examining the extent to which...