The huge stock stock of data, which internet firms harvest and store should be shared with others, who need them for producing new and more valuable datasets in commerce, politics, public health, safety and security and in science. The internet giants try to close markets, erect barriers to...

Der vorliegende Band versammelt Beiträge aus Rechtswissenschaft und Ökonomik zu grundlegenden Fragen des deutschen Deliktsrechts. Dabei zeichnet ihn die interdisziplinäre, rechtsökonomische Herangehensweise aus - zum Beispiel bei der Frage, wie die Verhaltensforschung für deliktsrechtliche...

Consumer protection shifts risks from consumers to businesses. This raises marginal costs and equilibrium prices. It is justified when markets are not strong enough to allocate contractual risks or accident risks efficiently, especially in cases of severe asymmetric information between suppliers...

In this article we have reviewed the main economic and legal problems of Brexit. The economic literature agrees that Brexit entails an economic loss for both the UK and the EU, but more so for the former, whose GDP is likely to incur a one-time 5 to 7% drop (not counting the Corona effect)....

The central thesis of Katharina Pistor's book is that private law, in conjunction with its increasingly global outreach, serves the interests of the rich and enables “rule by law” (p. 205) rather than a “rule of the law”. The rules of contract law, corporate law, insolvency law, property...

German Abstract: Die zentrale These des Buchs von Katharina Pistor besagt, Privatrecht diene in Verbindung mit seiner zunehmenden Globalisierung den Interessen der Reichen und ermögliche „Herrschaft durch Recht“ (S.205) anstelle der Herrschaft des Rechts. Der Leser gewinnt den Eindruck,...

The internet technology allows the harvesting, storage, and processing of large datasets about individuals and things. When new datasets are derived from the raw data, new information is generated, which can be both privately profitable and socially productive, serving to realize economies of...