This Article suggests that in addressing problems of environmental degradation in developing countries, policymakers and scholars have neglected the important question of regulatory design. While a country’s long-term improvement in environmental conditions almost certainly depends on...

Many of today’s products and services fall into the category of products and services that are, as such, legal but still unhealthy. Think of smoking as an example. This paper deals with the question of which mix of legal instruments should ideally be used in the light of such products and...

From an economic perspective tort law is to serve two important functions: deterrence of wrongdoers and victim compensation. We can easily construct examples of torts leading to small and widespread harm for which it is questionable whether a rational victim will initiate an individual lawsuit....

In the law and economics literature liability is generally regarded as an instrument which provides potential tortfeasors with incentives for optimal care taking. The question, however, arises whether liability can still provide those incentives when risks are unknown. That is the central...

The interplay of various legal systems in the European Union (EU) has long triggered a debate on the tension between uniformity and diversity of Member States' (MS) laws. This debate takes place among European legal scholars and is also paralleled by economic scholars, e.g. in the ambit of the...

German Abstract: Weltweit haben verschiedene Regierungen sogenannte "Nudging Units" eingerichtet, die Erkenntnisse aus der Verhaltensökonomie für die Gesetzgebung nutzbar machen sollen. Mit der Einrichtung eines „Nudging-Units“ – der Regierungsgruppe „Wirksam regieren“ – im...

The paper identifies a policy inconsistency between the EU's asylum and the EU's labour migration policies and makes a call for stronger convergence. The analysis starts off by setting out the EU's current and future economic challenges with a view to its ageing population and low fertility...

German Abstract: Trickbetrügereien entwickeln sich über die Jahre mit. Die Beziehung zwischen Verbrauchern und Anbietern hat vor allem im letzten Jahrzehnt beträchtliche Veränderungen erfahren. Insbesondere hat sich der Online-Handel zu einem alltäglichen Phänomen entwickelt. Geschäfte...