Theory and Evidence on Empathy and Guile @Daniel_L_Chen

Daniel L. Chen, Directeur de Recherche, Centre National de la Recherche Scientifique, Toulouse School of Economics, Institute for Advanced Study in Toulouse, University of Toulouse Capitole, Toulouse, France, is publishing Law and Literature: Theory and Evidence on Empathy and Guile in the Review of Law and Economics. Here is the abstract. Legal theorists have suggested that literature stimulates empathy and affects moral judgement and decision-making. I present a model to formalize the potential effects of empathy on third parties. Empathy is modeled as having two components–sympathy (the decision-maker’s reference point…

Davies on The Bimetallic Question in “The Valley of Fear”

Ross E. Davies, George Mason University Antonin Scalia Law School, has published The Bimetallic Question in the Valley of Fear at 33 Sherlock Holmes Journal 156 (Summer 2018). Here is the abstract. The vicissitudes of post-Civil War currency policy are reflected in variations in the text of Arthur Conan Doyle’s novel, “The Valley of Fear.” Download the article from SSRN at the link. Source link

Rare River Thames pier to be auctioned off

A River Thames Pier previously used as a passenger ferry terminal in Gravesend, Kent has been entered for sale at Network Auctions’ February 28th auction with a guide price of £55,000 plus. The Gravesend West Street Pier, being sold on behalf of receivers, offers a very rare and unusual opportunity for buyers. In the words of the auctioneer, Stuart Elliott, “How often can you purchase a pier on the Thames!” An historical plaque at the site reads: “The Gravesham Ferries. Forming one of…

What are the most important factors for sellers when choosing an agent?

New research by Zoopla looks into the psyche of property sellers when selecting an estate agent to list their property in the current market. According to the latest research, low fees and local presence are not the most important factors for property sellers when choosing an agent The survey of over 6,000 respondents across the UK shines a light on vendor requirements and areas where agents might need to adapt their messaging so that they can win more instructions in 2019. It uncovers…

Equity release market soars to £3.6bn

The latest figures release by independent equity release adviser, Key, have shown that the market has doubled in size in just three years. Key revealed that during 2018 retired homeowners released £3.6 billion in new property wealth last year – equating to nearly £10 million a day with customers releasing an average £76,500 to improve their standard of living. The number of customers using money to help families rose to 27% from 24% the previous year highlighting how property wealth is increasingly supporting…

Average letting agency set to lose £60k after Tenant Fee Ban passed by government

New research from deposit free renting firm Dlighted shows that the ban will cost the average letting agency over £60,000 over the next two years after the Tenant Fee Ban was finally passed following a ‘meaningful vote’ in Parliament. The government has announced that the Tenant Fees Act will come into force on the 1st of June 2019 after the House of Lords this week voted to approve the bill. The government estimates that tenants are currently being charged £337 in fees on…

FTBs out in force during a busy November

The latest data released by UK finance has shown that during November last year there was a 5.8% year-on-year rise of new first-time buyer mortgages – resulting in over 32,000 borrowers getting their first foot on to the property ladder. According to the figures, the £6.0bn of new lending in the month was 9.1% more year-on-year. The average first-time buyer is 30 and has a gross household income of £42,000. There were 36,200 new homemover mortgages completed in the month, some 1.1% more…

What would a no-deal Brexit mean for the property market?

The official Brexit deadline is roughly ten weeks away. And yet the terms of the UK’s departure from the EU remain unfixed – an issue that was compounded when a vast majority of MPs rejected Theresa May’s withdrawal plans. The current state of political deadlock means that come 29 March 2019, the prospect of a no-deal – a scenario originally touted as a last resort – is a growing possibility. In light of the political situation, the question of what the future holds…

UK Housing market forecast at 20 year low

The latest data and analysis released by RICS has painted the gloomiest picture of the UK housing market for 20 years. Alongside continuing lack of stock and affordability issues, Brexit and the accompanying political uncertainty have been blamed by many surveyors to be playing a major part. RICS reports that key activity indicators continued to slip in December with sales volumes dwindling, although beneath this national headline figure some areas of the UK saw a more positive trend (East Anglia, Wales, the North…

One year on from the President’s Dinner, what has changed? | Employment Law Blog

Nothing has changed and yet everything has changed. One year on from the President’s Club dinner in London and some 15 months since Alyssa Milano kick-started the #MeToo movement on Twitter in October 2017, some have questioned what has actually changed in practice. After all, there has been no culture-changing legislation as we have had in recent years with disability and age, and the concept of sexual harassment has existed since the 1980s. But in reality, there has been nothing less than a revolution with regards to what is, and…