This chapter surveys major issues arising in the economic analysis of contract law. It begins with an introductory discussion of scope and methodology, and then addresses four main topics that correspond to the major doctrinal divisions of the law of contracts. These divisions include freedom of...

It has been claimed that the market fosters selfishness and thereby undermines the moral basis of society. This thesis has been developed with an emphasis on market exchange. Everyday life is, however, predominantly shaped by interactions in the workplace rather than by shopping behaviour. This...

In this paper, we conduct an empirical analysis of the impact of better judicial enforcement on the probability of being credit rationed, loan size, and the probability of bankruptcy using household-level data from the Japanese Panel Survey of Consumers, conducted by the Institute for Research...

Delinquents are embedded in a network of relationships. Social ties among delinquents are modelled by means of a graph where delinquents compete for a booty and benefit from local interactions with their neighbors. Each delinquent decides in a non-cooperative way how much delinquency effort he...

Delinquents are embedded in a network of relationships. Each delinquent decides in a non-cooperative way how much delinquency effort he will exert. We characterize the Nash equilibrium and derive an optimal enforcement policy, called the key-player policy. We then extend our characterization of...

Challenges of Upgrading: The Dynamics of East Central Europe’s Integration into the European Automotive Production Networks

How can we understand similarities and differences between work practices in multinational companies’ (MNCs) subsidiaries in different host country conditions? The paper addresses this question by studying selected soft work practices, namely work systems and fringe benefits, in a Dutch MNC...

Der Beitrag analysiert die Gruende fuer die Schwaechung der Gewerkschaften in Mittel- und Osteuropa auf betrieblicher Ebene. Am Beispiel der Stahlindustrie in Polen, Rumaenien und der Slowakei zeigt er, dass die Gewerkschaften Legitimitaet und Unterstuetzung bei den Belegschaften aufgrund ihrer...

In dem Beitrag wird die regionalen Handlungsbedingungen der Gewerkschaften in Ostdeutschland fast zwanzig Jahre nach dem Beginn des Transformationsprozesses am Beispiel der Metall- und Elektroindustrie untersucht. Es werden aktuelle, gewerkschaftlich relevante Entwicklungstendenzen in der...

In dem Beitrag wird die Entwicklung einer europaeischen Strategie von Standortvertretern innerhalb eines Europaeischen Betriebsrates dargestellt. Am Beispiel von General Motors werden die Schwierigkeiten des Interessenausgleichs zwischen west- und osteuropaeischen Standorten in Folge von...