Showing 1 - 6 of 6
The paper demonstrates the economic consequences of a new EU directive that introduces resale rights in all member … states. The lifetime income of young, unknwon artists is likely to shrink, despite the intention of the EU to increase their …, unknown artist. Thus, the EU directive seems to be driven by a desire for harmonization of European law at all costs. …
Persistent link: https://www.econbiz.de/10001718752
Drawing on a new analytical framework provided by the economic theory of optimal legal areas, this paper identifies the factors determining the optimal size of the European Union. It applies this theory to the question of how enlargement affects the welfare of the current and the new members of...
Persistent link: https://www.econbiz.de/10001725434
relation between the artist and his dealer as an incentive compatible contract leads to further objections against the new EU …
Persistent link: https://www.econbiz.de/10001725448
The question of third-party access to the networks has become central to the debate around the liberalisation of the European electricity markets due to the natural monopoly characteristic of the transmission network. The European Union's electricity directive provides three institutional...
Persistent link: https://www.econbiz.de/10001725500
This paper deals with EU-Directive 89/552/EEC "Television Without Frontiers", which enables each EU-country to set up a … of game-theory and monopoly-theory. We compare the market results of the EU-Regulation with two alternative arrangements …
Persistent link: https://www.econbiz.de/10001725517
By a proposal to introduce a harmonized "droit de suite", the European Comission intends to improve the economic situation of young artists. A simple price theoretical argument shows that this goal is not likely to be reached. In addition to this, the paper analyzes the efficiency of a legal...
Persistent link: https://www.econbiz.de/10001725604