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...

We model an economy that alternates randomly between abundance and scarcity episodes. We develop an original method to characterize in detail the structure of the Markovian competitive equilibrium. Accumulation and drainage of stocks are the main focuses. Economically appealing comparative...

We model an economy that alternates randomly between abundance and scarcity episodes. We develop an original method to characterize in detail the structure of the Markovian competitive equilibrium. Accumulation and drainage of stocks are the main focuses. Economically appealing comparative...

Twenty-five papers survey and illustrate approaches to and applications of contract economics. Earlier versions of most of the papers were published in special issue no. 92 of the Revue d'Economie Industrielle entitled "The Economics of Contracts in Prospect and Retrospect" (2000). Papers...

Pour l'auteur les drogues ne sont pas interdites mais contrôlées. Après ce constat, il explique que les organisations internationales, des représentants des Etats et des industries pharmaceutiques ont mis en place les structures économiques et juridiques de ce marché des drogues. Les...

La mondialisation illicite, celle du trafic de drogue, du blanchiment et des contrebandiers modernes, est au coeur du dernier numéro de la revue de l'Institut des hautes études de la sécurité intérieure (IHESI). On y trouve, entre autres, un texte de la spécialiste canadienne Louise...

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...

The French law "Nouvelle Organisation du Marché de l'Electricité" makes available, at a regulated price, withdrawal rights to source low-cost electricity production from nuclear plants owned by the incumbent. Downstream market retailers benefit from such a measure, up to a given amount fixed...

This paper aims at understanding what the consequences are of cultural diversity on co-operative relationships. Co-operation is considered through two different modes: the first one, called community based co-operation, is based on the need for belonging and the second mode, called complementary...