Bocconi Sch. L. Student-Ed. Papers, No. 2011-04/EN by CHRISTOPHER M. DUNN It is well-known that policymakers have two basic levers to influence behavior, the carrot and the stick, or incentives and penalties. What is not common knowledge, even among policymakers, is that there are two broader levers than incentives and penalties that can influence behavior. [...]

Bocconi Sch. L. Student-Ed. Papers, No. 2009-05/EN (published in Bocconi Sch. L. Student-Ed. Papers (ed), Law & Globalization (VDM Publishing 2009)) by JAGDEEP BHANDARI This paper investigates the policy arguments underpinning the relationship between free trade and migration, as embodied in the regulatory choices made in two of the most significant experiments of international economic [...]

Bocconi Sch. L. Student-Ed. Papers, No. 2009-03/EN (published in Bocconi Sch. L. Student-Ed. Papers (ed), Law & Globalization (VDM Publishing 2009)) by UGO MATTEI & MARCO DE MORPURGO The ‘rule of law’ has traditionally been conceived as an intrinsically positive and politically neutral ‘tool’, universally valid and capable of being ‘exported’ everywhere. This paper—which represents [...]

ILSU Working Paper No. 2008-06/EN by PAOLA PELLINI This paper presents an overview of the two fundamental purposes of punitive damages (deterrence and punishment) and their balancing in courts’ decisions. According to the first rationale, punitive damages should in fact be imposed when deterrence would otherwise be inadequate because of the possibility that injurers might [...]

ILSU Working Paper No. 2008-02/IT by FEDERICO LONGOBARDI After discussing in general terms the value of information in financial markets, the present paper analyses conduct rules under article 21(b) of Italian decree 58/1998 and articles 26, 28 and 29 of Italian financial intermediaries regulation (containing the so-called “know your customer rule”, “know your merchandise rule”, [...]