In this paper Faure and Philipsen address price regulation and insurance for pharmaceuticals in the Netherlands. The authors first analyse, qualitatively, the complex regulatory framework and insurance for pharmaceuticals. After that, they examine the various actors in the drug distribution...

The paper will be structured as follows: after an introduction, an historical overview of the use of financial caps in maritime law will be provided. Next, the caps in the international conventions on oil pollution damage will be described on the basis of an analysis of their legal history and...

Purpose – The purpose of this paper is to understand the incentive effects of existing compensation mechanisms in case of the bankruptcy of a financial institution. Design/methodology/approach – The paper uses insights of law and economics to predict the effects of compensation mechanisms on...