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Melcarne, Alessandro; Ramello, Giovanni B.; Spruk, Rok; 2021 Type: Aufsatz in Zeitschrift; Article in journal; Availability: Link Citations: 11 (based on OpenCitations)
Richard Posner's “What Do Judges and Justices Maximize?” (1993a) is not, as usually believed, the first analysis of judges' behaviors made by using the assumption that judges are rational and maximize a utility function. It arrived at the end of a rather long process. This paper recounts the history of this process, from the “birth” of law and economics in the 1960s to 1993. We show that economic analyses of judge behavior were introduced in the early 1970s under the pen of Posner. At that time, rationality was not modeled in terms of utility maximization. Utility maximization came later. We also show that rationality and incentives were introduced to explain the efficiency of Common Law. A controversy then took place that led Posner, and other economists, to postpone their analysis of judicial behavior until the 1990s. By then, the situation had changed. New and conclusive evidence of judges' utility maximizing behavior demanded for a general theory to be expressed. In addition, the context was favorable to Chicago economists. It was time for Posner to publish his article
Melcarne, Alessandro; Ramello, Giovanni B.; 2020 Type: Aufsatz in Zeitschrift; Article in journal; Availability: Link Citations: 14 (based on OpenCitations)
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Richard N. Cooper
Prof.
Alternative spellings: R. N. Cooper Richard Newell Cooper Richard Cooper
B:14. Juni 1934 D: 23. Dezember 2020
Richard Newell Cooper (June 14, 1934 – December 23, 2020) was an American economist, policy adviser, and academic. Born in Seattle, Cooper graduated from Oberlin College in 1956 and received a master's degree in economics from the London School of Economics and Political Science as a Marshall Scholar in 1958. He received his Ph.D. from Harvard University in 1962. Cooper was an assistant professor at Yale University from 1963 to 1966 and was Frank Altschul Professor of International Economics from 1966 to 1977. From 1972 to 1974 he served as provost. Cooper served on the Council of Economic Advisers from 1961 to 1963 as the senior staff economist. Between 1965 and 1966, he served as Deputy Assistant Secretary of State for International Monetary Affairs in the United States Department of State, and between 1977 and 1981 he was the Under-Secretary of State for Economic Affairs. Cooper briefly served as acting Secretary of State under President Jimmy Carter for a few hours on May 3, 1980. In 1981, Cooper became Maurits C. Boas Professor of International Economics at Harvard University. From 1990 to 1992, Cooper was the chairman of the Federal Reserve Bank of Boston. Between 1995 and 1997, he was the chairman of the National Intelligence Council. (Source: DBPedia)
Richard Newell Cooper (June 14, 1934 – December 23, 2020) was an American economist, policy adviser, and academic. Born in Seattle, Cooper graduated from Oberlin College in 1956 and received a master's degree in economics from the London School of Economics and Political Science as a Marshall Scholar in 1958. He received his Ph.D. from Harvard University in 1962. Cooper was an assistant professor at Yale University from 1963 to 1966 and was Frank Altschul Professor of International Economics from 1966 to 1977. From 1972 to 1974 he served as provost. Cooper served on the Council of Economic Advisers from 1961 to 1963 as the senior staff economist. Between 1965 and 1966, he served as Deputy Assistant Secretary of State for International Monetary Affairs in the United States Department of State, and between 1977 and 1981 he was the Under-Secretary of State for Economic Affairs. Cooper briefly served as acting Secretary of State under President Jimmy Carter for a few hours on May 3, 1980. In 1981, Cooper became Maurits C. Boas Professor of International Economics at Harvard University. From 1990 to 1992, Cooper was the chairman of the Federal Reserve Bank of Boston. Between 1995 and 1997, he was the chairman of the National Intelligence Council. (Source: DBPedia)
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Series
Discussion paper series / Harvard Institute of Economic Research (5)
Center paper (4)
The triangle papers (2)
Essays in international finance (2)
Kieler Vorträge : gehalten im Institut für Weltwirtschaft an der Universität Kiel (2)
The Ohlin lectures (2)
Council on Foreign Relations books (1)
Penguin education (1)
The triangle papers : report to the Trilateral Commission (1)
The review of economics and statistics (1)
Yale University, Economic Growth Center / Center Paper ; 57 (1)
Wicksell lectures : sponsored by the Wicksell Lecture Society, in cooperation with Social Science Institute of Stockholm University, Stockholm School of Economics, Economic Society (1)
The Atlantic policy studies (1)
Penguin education / X (1)
Arbeitspapiere zur internationalen Politik (1)
BIS Working Paper (1)
Brookings discussion papers in international economics (1)
Working paper / Commission on Growth and Development (1)
Studies in international economics (1)
A World Bank book (1)
Harvard studies in international development (1)
Integrating national economies (1)
Integrating national economies / Promise and pitfalls (1)
Nota di lavoro / Fondazione Eni Enrico Mattei (1)
CID faculty working paper (1)
Working paper (1)
BIS working papers (1)
Commission on Growth and Development Working Paper (1)