The paper examines the incentives of Governments to introduce green taxes instead of emission licenses. We take into account the fact that licenses are durable goods, and distinguish Governements that may have fiscal goals as well as ecological ones. Taxes solve the credibility problem a...

Dieser Beitrag analysiert die geplante und zum Teil schon verwirklichte Reform des Gesetzes über Arbeitnehmererfindungen (ArbEG). Im Mittelpunkt der Analyse stehen die Vergütungen, die Arbeitgeber an einen Mitarbeiter zu zahlen haben, wenn sie dessen Erfindung in Anspruch nehmen. Bisher wurde...

The laws on codetermination in Germany provide enormous rights for employees to control and influence the decisions of firms. This weakens the owners' property rights, which, however, is not necessarily inefficient. Codetermination can be seen as a safeguard against opportunistic exploitation of...

This paper analyzes "property rights" from a Law and Economics viewpoint. It deals with the relation between "property rights" and allocative efficiency as well as with the protection of "property rights" through damages, liability rules or criminal law. Moreover, market failures (monopoly,...

The churches in Germany are analyzed as multiproduct firms. Even though these enterprises raise their revenues in part through the tax system, they find themselves in a crisis: the number of customers is persistently decreasing. Starting with the idea that salvation is a scarce economic good,...