Volume 51, Issue 1

The purpose of this Article is threefold: first, to describe how theoretical perspectives on contracting have motivated empirical work on contracts; second, to highlight the dominant role of economic theories…

In Contracts as Organizations, Professors D. Gordon Smith and Brayden King make an important and much-needed contribution to the empirical study of contracts. As they document in their article, empirical…

Enforceable promises discourage lying, cheating, and stealing. Contracts that embody such promises shape institutions, distribute power, and organize markets. The Smith--King critique of elite empirical contracts scholarship reveals a field…

This Article centers on a long-standing problem in the law of public charity: how to ameliorate the force of restrictions imposed by donors on large gifts in the face of…

This Article contends that of the many regulatory options available to the Basel Committee for addressing operational risk it arguably chose the worst: an enforced self-regulatory regime unlikely to substantially…

This Note explores a battle for water in the Southwest that may ultimately destroy one of Arizona's most precious rivers. This struggle pits the doctrine of reasonable use against the…

In November 2006, Arizona voters passed Proposition 207, the Private Property Rights Protection Act, a law that requires the state or any county, city, or town to pay compensation when…

A "cultural defense" to criminal culpability cannot achieve true pluralism without collapsing into a totally subjective, personal standard. Applying an objective cultural standard does not rescue a defendant from the…