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jleo-theory-model

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Use when building or sharpening the formal model for a Journal of Law, Economics, and Organization (JLEO) manuscript — transaction-cost, incomplete-contracts / property-rights, principal-agent, or political-agency models of institutions and organizations. Right-sizes and disciplines the model; it does not run the empirics (jleo-identification, jleo-robustness).

When to use

• formalizing verbal institutional arguments into testable predictions
• sharpening assumptions or comparative statics in existing formal models
• building models for pure-theory JLEO submissions
• creating minimal models to define estimands for empirical papers
• right-sizing models for governance or ownership comparisons

When not to use

• running the empirics
• jleo-identification
• jleo-robustness

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