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Persistent link: https://www.econbiz.de/10010926849
The importance of The Spirit of laws for the political and economic thought is well-known. The aim of the paper is to reconsider the famous statements on political stability through the recent developments of New Political Economy. More precisely, we show that, as in many models of NPE, economic...
Persistent link: https://www.econbiz.de/10011025458
Sharing damage that has been caused jointly by several tortfeasors is analyzed from a normative point of view. We show how damage can be apportioned on two distinct bases: causation and degree of misconduct. Our analysis uses the concept of potential damage on the basis of which we define a...
Persistent link: https://www.econbiz.de/10010664981
Persistent link: https://www.econbiz.de/10011184134
Law and economics is nowadays one of the main fields in economic theory. However, the key aspect of contemporary law and economics is its methodological and theoretical pluralism. The article focuses on this feature and tries to explain the deep reasons of this pluralism. First of all, we show...
Persistent link: https://www.econbiz.de/10011184154
This article examines French competition law through behavioural economics. It first claims that no legal rules forbid the use of heuristics and cognitive bias. Then, it argues that the French competition authority already implicitly uses these inputs. Finally, it examines the possible renewal...
Persistent link: https://www.econbiz.de/10011184175
Behavioral approach is nowadays one most prominent field within law and economics literature. Applying bias and heuristics to the law draws new insights and mechanisms on the role and functions of law in society. By studying Sunstein?s works on this topic, we argue that two different normative...
Persistent link: https://www.econbiz.de/10011187911