Though clearly distinct in nature and procedure, both Regulatory Agencies and Courts frequently rely on similar instruments to sanc- tion the same or very similar kinds of illegal behavior. In this paper, we develop a theory of the use of criminal sanctions in addition to regulatory penalties....

This paper considers the case that potential victims affect each other by taking care. Analyzing standard liability rules, we show that strict liability with a defense of contributory negligence is in the best position to induce the efficient outcome, i.e., this liability rule ensures efficiency...

Las presentes reflexiones surgen de la convergencia de tres circunstancias: a) la obligación de los Estados de proteger y preservar el medio marino establecida en la Parte XII de la Convención de Naciones Unidas sobre el Derecho del Mar (CNUDM); b) la facultad de los órganos jurisdiccionales...

Se presenta en este documento un estudio preliminar de las modificaciones introducidas por el Comité de Basilea a los originales “Principios Básicos para una Supervisión Bancaria Efectiva” (1997), publicitadas el 6 de Abril de 2006 por el Comité para comentarios por parte de la comunidad...

The development of the EU principles, particularly of the subsidiarity principle and of the proportionality principle, follows different directions, according to the different legal systems of Member States. In Germany, where the principles took origin, the structure of the Constitution itself...

Este trabajo se organiza sobre la base de la siguiente hipótesis: “En la actualidad las democracias americanas entienden la cooperación antiterrorista como el esfuerzo negociado por restablecer un sentido compartido sobre la normalidad del contexto, y no por la respuesta concreta que estén...

In this paper, I analyze restrictions on immigration to the United States as a form of government-mandated employment discrimination against aliens. Through our immigration laws, we deny aliens access to valuable employment opportunities that are open to natives. Under our immigration and...