The Economics of Judicial Councils

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" The Economics of Judicial Councils "
Garoupa, Nuno; Ginsburg, Tom

Document Type	:	AL
Record Number	:	907248
Doc. No	:	LA4264z9r8
Title & Author	:	The Economics of Judicial Councils [Article]\ Garoupa, Nuno; Ginsburg, Tom
Date	:	2007
Title of Periodical	:	UC Berkeley
Abstract	:	In recent decades, many countries around the world have institutionalized judicial councils of some sort. These institutions are designed to maintain an appropriate balance between judicial independence and accountability. However, they differ in attributes and competences across the world. Our paper has two aims. First, we provide an economic theory of the formation of judicial councils and identify some of the dimensions along which they differ. Second, we test the extent to which different designs of judicial council affect judicial quality. We find that there is little relationship between councils and quality. We also offer a positive explanation for why judicial councils nevertheless remain attractive institutions. Finally, we discuss several experiences from the perspective of our theory.