Various reformulations of the Coase theorem have developed normative corollaries on the choice of optimal remedies in the presence of positive transaction costs. In this article, we consider the extent to which these propositions are affected by the presence of asymmetric transaction costs, and...

Aside from the benefits that trademarks provide society, nothing inherently special about them warrants granting an exclusive in them interest to users. Trademarks benefit society by providing information about and identification of the products that consumers wish to buy. This informational and...

This paper addresses the question of why, in spite of its recent success, behavioral economics does not influence most discussions about how economic policy ought to be made. Failing to penetrate into contemporary discourse on leading policy issues is a serious problem, because behavioral...

In the European Union, the infrastructure charging regimes that can be observed are often far from internalising external costs and are rarely based on efficiency principles. In this situation differentiation of existing charges appears to be a sensible intermediate step. In this paper we study...

Merrifield (2009) provides a useful polemic about the sad state of data analysis too frequently encountered in the school choice literature. The available data come mostly from limited policy experiments with only modest amounts of choice and competition. These data are then misapplied in...

Einführung und Überblick über wirtschaftsethische Fragestellungen und die unterschiedlichen Positionen und Konzepte der bedeutendsten Wirtschaftstheoretiker und der aktuellen Politik. (Reinhild Khan)