‘Optimally Vague’ contracts and their benefits to society

Imagine that you’re just about to sign an important contract – would you prefer it to have been precisely drafted, or would you be happy for it to be “optimally vague” ? Authors Nicola Gennaioli (Bocconi University and IGIER) and Giacomo A. M. Ponzetto (CREI, Pompeu Fabra University, IPEG and Barcelona GSE) suggest not only […]

A scholarly classification of British contract killers

Scholarly fans of British hitmen have managed to rank the members of that profession. Hitmen in Britain, according to this study, essentially come in four varieties: Novice, Dilettente, Journeyman, and Master. Details are published in: “The British Hitman: 1974–2013,” Donal MacIntyre, David Wilson, Elizabeth Yardley [pictured here], Liam Brolan, The Howard Journal of Criminal Justice, […]