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best common-sense question asked at my law and econ seminar today

“Why can’t I lease an engagement ring and use the savings to buy a much bigger wedding ring?”

– In discussion of a workshop version of this excellent and intriguing paper, on the leasing of antiquities as an alternative to the very broken bans on trade in antiquities, and the resulting black market (which is not only inefficient, but destroys irreplaceable art.)1

  1. second link is to jstor and may not be available to everyone, sorry. It is “The Economics of Antiquities Looting and a Proposed Legal Alternative”, by Lisa Borodkin, in the Columbia Law Review. [↩]
Comments closed — Trackback URI RSS 2.0 feed for these comments This entry (permalink) was posted on Monday, September 24, 2007, at 4:23 pm by Luis. Filed in law.

4 Comments

  1. SW

    Umm, you have an engagement ring for longer than you have a wedding ring, so how exactly does leasing it save you money?

    Posted on 25-Sep-07 at 7:07 pm | Permalink
  2. Luis

    Because typically it isn’t worn/used after the wedding ring is bought.

    Posted on 25-Sep-07 at 7:50 pm | Permalink
  3. Mike Dolan

    Odd… we did it the other way around - the engagement ring was the “big one” and the wedding band was just a smaller band that is fused to the engagement ring. I guess it depends on how you approach it.

    Posted on 26-Sep-07 at 10:23 am | Permalink
  4. Matt Sayler

    what engagement ring?

    Posted on 26-Sep-07 at 8:25 pm | Permalink

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  1. SELinux - Mugshot on 24-Sep-07 at 11:50 pm

    Kramer auto Pingback[...] Reader share: Luis Villa: best common-sense question asked at my law and econ seminar today “Why can’t I lease an engagement ring and use the savings to buy a much bigger wedding [...]

  2. Advogato - Recent Blog Entries on 25-Sep-07 at 4:25 am

    Kramer auto Pingback[...] – In discussion of a workshop version of this excellent and intriguing paper, on the leasing of antiquities as an alternative to the very broken bans on trade in antiquities, and the resulting black market (which is not only inefficient, but destroys irreplaceable art.)1 second link is to jstor and may not be available to everyone, sorry. It is “The Economics of Antiquities Looting and a Proposed Legal Alternative”, by Lisa Borodkin, in the Columbia Law Review. [↩]Syndicated 2007-09-24 21:23:57 from Luis Villa’s Blog [...]

  3. feeds.diveintomark.org on 25-Sep-07 at 6:06 pm

    links from Technoratithis excellent and intriguing paper, on the leasing of antiquities as an alternative to the very broken bans on trade in antiquities, and the resulting black market (which is not only inefficient, but destroys irreplaceable art.)1second link is to jstor and may not be available to everyone, sorry. It is “The Economics of Antiquities Looting and a Proposed Legal Alternative”, by Lisa Borodkin, in the Columbia Law Review. [