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Read JLE articles by Oliver E. Williamson, co-winner of the 2009 Nobel Prize in Economics

Oliver E. Williamson of the University of California, Berkeley won a share the 2009 Nobel Prize in Economics. Several articles dealing with Williamson’s prize-winning research on transaction costs and institutional economics are published in JLE.

“Transaction-Cost Economics: The Governance of Contractual Relations” (1979)

“Organization Form, Residual Claimants, and Corporate Control” (1983)

“Calculativeness, Trust, and Economic Organization” (1993)

Press Release

Doctors cut back hours when risk of malpractice suit rises, study shows

A study in the Journal of Law and Economics shows that the number of hours physicians spend on the job each week is influenced by the fear of malpractice lawsuits.

Study: Bankruptcy rates reflect policy, not people

What do high bankruptcy rates in states like Tennessee and Utah tell us about the people that live in those places? Not much, according to a new 50-state bankruptcy study published in the latest issue of the Journal of Law and Economics.

Study: When local revenue falls, traffic tickets go up

A new study to be published in next month's Journal of Law and Economics finds statistical evidence that local governments use traffic citations to make up for revenue shortfalls. So as the economy tanks, motorists may be more likely to see red and blue in the rearview.

In the News

Featured in HealthLeaders Media
"Missed Opportunities for Malpractice Reform" February 4, 2010
Elyas Bakhtiari covers Eric Helland and Mark H. Showalter's study which found that doctors actually decrease their working hours as the risk of medical malpractice rises.

Featured in Deseret News
"BYU study: Malpractice suits cause doctors to reduce work hours" February 2, 2010

Carrie A. Moore reports on Eric Helland and Mark H. Showalter's findings on the impact of malpractice reforms being higher than previously thought on the behavior of physicians.

Featured in Los Angeles Times
"Doctors' hours and couples' language -- no connection whatsoever" January 30, 2010
Tami Dennis covers Eric Helland and Mark H. Showalter's study on the impact of malpractice reforms on physician behavior.

April 2006

Volume 49, Number 1
[The Journal of Law and Economics, vol. 49 (April 2006)]
0022-2186/2006/4901-0006$01.50
DOI: 10.1086/501087

Does Religion Really Reduce Crime?*

Paul Heaton

University of Chicago

Abstract

Considerable research in sociology, criminology, and economics aims to understand the effect of religiosity on crime. Many sociological theories positing a deterrent effect of religion on crime are empirically examined using ordinary least squares (OLS) cross‐sectional regressions of crime measures on measures of religiosity. Most previous studies have found a negative effect of religion on crime using OLS, a result I am able to replicate using county‐level data on religious membership and crime rates. If crime affects religious participation, however, OLS coefficients in this context suffer from endogeneity bias. Using historic religiosity as an instrument for current religious participation, I find a negligible effect of religion on crime and a negative effect of crime on religion. To further explore the relationship between religion and crime, I examine variation in crime incidence before and after Easter. Consistent with the instrumental variables results, I find no evidence of a decrease in crime following Easter.

Cited by

Paolo Buonanno, Daniel Montolio, and Paolo Vanin. (2009) Does Social Capital Reduce Crime?. The Journal of Law and Economics 52:1, 145-170
Online publication date: 1-Feb-2009.
  • *I wish to thank Dennis Carlton, Jeremy Fox, Steve Levitt, Jesse Shapiro, Marie Tomarelli, and Mathis Wagner for helpful advice and suggestions and gratefully acknowledge financial support from the National Science Foundation and the National Consortium on Violence Research. All opinions are my own.

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