Drawing on Transaction Costs Economics, this paper develops a new approach to conflict of law rules. It outlines a concept of constitutional uncertainty in international trade and presents a model of international transactions in the presence of a diversity of legal orders. We develop a general...

This study provides an in-depth and objective comparative analysis of the national provisions of private law and private international law in the field of authentic instruments with special focus on their mutual recognition and enforcement within selected EU Member States. The results of this...