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A debt contract is incentive compatible
American Law Institute (ALI)
A prestigious, independent organization in the United States that produces scholarly work to clarify, modernize, and improve the law.
M'Naghten Rule
A legal principle used to determine whether a defendant was mentally capable of understanding the nature of their actions at the time of their crime, influencing criminal responsibility.
Uncontrollable Impulse Rule
A legal defense arguing that a defendant was unable to control their actions due to an overwhelming impulse, leading to criminal behavior.
Durham Rule
A legal standard used to determine insanity, which states that a defendant is not criminally responsible if their unlawful act was the product of mental disease or defect.
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