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A smart contract can be defined as a computer program, stored on a blockchain, which allows a transaction or an agreement-defined ex-ante-to be self-executed when some conditions are met, and without the need for a central authority to enforce it. Even if this new technology is very promising,...
Persistent link: https://www.econbiz.de/10014422519
This paper presents the results of an experiment performed to test the properties of an innovative bargaining mechanism (called automated negotiation) used to resolve disputes arising from Internetbased transactions. Automated negotiation is an online sealed-bid process in which an automated...
Persistent link: https://www.econbiz.de/10012709741
Persistent link: https://www.econbiz.de/10012165629
This paper presents a model of litigation in the context of a labor contract. The main objective of our analysis is to determine whether and under which conditions it is efficient that the judiciary arbiters a labor conflict and how the judge's decision should be made in order to be optimal. We...
Persistent link: https://www.econbiz.de/10005385243
Nous présentons les principaux résultats obtenus à partir des premières applications de la méthode expérimentale à l'analyse économique du droit. Nous commençons par recenser les travaux qui évaluent la pertinence empirique du monde sans friction décrit par le théorème de Coase,...
Persistent link: https://www.econbiz.de/10009353877
This paper presents an experiment performed to test the properties of an innovativebargaining mechanism (called automated negotiation) used to resolve disputes arising fromInternet-based transactions. The main result shows that the settlement rule tends to chillbargaining as it creates...
Persistent link: https://www.econbiz.de/10010750512
Persistent link: https://www.econbiz.de/10014551912
This paper presents an experiment performed to test the properties of an innovative bargaining mechanism (called automated negotiation) used to resolve disputes arising from Internet-based transactions. The main result shows that the settlement rule tends to chill bargaining as it creates...
Persistent link: https://www.econbiz.de/10014027206
L'objectif de cet article est de mettre en exergue les principaux apports de la méthode expérimentale à l'analyse économique du droit. La méthode expérimentale est conçue de manière à répliquer un environnement microéconomique prédéfini et observer le comportement d'individus réels...
Persistent link: https://www.econbiz.de/10010899333
La capacité des expériences en laboratoire à inspirer l'élaboration et l'évaluation des politiques publiques a été reconnue très tôt dans l'histoire de son développement (Roth, 1988). Ce n'est que très récemment, pourtant, que cette question a émergé avec force dans...
Persistent link: https://www.econbiz.de/10010784098