NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Judicial Fact Discretion

Nicola Gennaioli, Andrei Shleifer

NBER Working Paper No. 12679
Issued in November 2006

---- Acknowledgements -----

We are extremely grateful to Richard Craswell, Louis Kaplow, and Mathew Stephenson for extensive advice, and to Gary Becker, John Coates, Jack Goldsmith, Christine Jolls, Daryl Levinson, Giacomo Ponzetto, Eric Posner, Richard Posner, Steven Shavell, and Adrian Veremeule for helpful comments. The views expressed herein are those of the author(s) and do not necessarily reflect the views of the National Bureau of Economic Research.

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