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The role of the court expert has changed much since the 19thcentury, not only in terms of its organisation and procedural rules, but also in its technical demands and legitimacy. The role of experts in economics and finance – those specialising in accounting, valuation, management, corporate...
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Economic Analysis of Law versus Institutionnalism. A “in situation” comparison This paper compares two approaches of law economics concerning the same empirical object - the United States employees savings schemes – on one hand within the framework of mainstream Law and Economics and on...
Persistent link: https://www.econbiz.de/10011171584
Le développement des normes privées est une des manifestations de la banalisation du "soft law". Une fois identifié, concrètement, on constate qu'il s'agit d'un outil qui n'est pas si inhabituel, mais qui demeure incertain quant à son effectivité.
Persistent link: https://www.econbiz.de/10011071983
All Courts rule ex-post, after most economic decisions are sunk. This might generate a time-inconsistency problem. From an ex-ante perspective, Courts will have the (ex-post) temptation to be excessively lenient. This observation is at the root of the principle of stare decisis. Stare decisis...
Persistent link: https://www.econbiz.de/10010707872
The relationship between law and economic development remains enigmatic. Broadly speaking, there is no doubt that legal mechanisms for social control (or ‘institutions’, to use North's words) play a major role. Nevertheless, the impact of legal organization on economic development has not...
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The work comparing the French and the German industrial relations systems usually contrasts the French state interventionism with the German tradition of an autonomous partnership among strong actors. These stereotypes might however be challenged by a further comparative analysis of the business...
Persistent link: https://www.econbiz.de/10011072726
The presence of nearby public facility contributes to real-estate’s value, that’s why the market may expect impact of public project on house’s price. But undesirable and semi-desirable facility location choices can be contested by close inhabitants, because they are source of negative...
Persistent link: https://www.econbiz.de/10010861474