Should loss of earnings be compensated? The established law and economics wisdom considers pure economic loss as a transfer of wealth from the victim to a third party, whose earnings increase as a consequence of the accident. Such transfers do not amount to a social loss and, hence, should not...

Should loss of earnings be compensated? The established law and economics wisdom considers pure economic loss as a transfer of wealth from the victim to a third party, whose earnings increase as a consequence of the accident. Such transfers do not amount to a social loss and, hence, should not...

Wrongful convictions may increase the level of crime over the ideal case of their absence. The problem of wrongful conviction is most serious in areas where crime is endemic and for certain groups of citizens who are stereotyped. State liability mitigates this problem; compensating the...

Should loss of earnings be compensated? The established law and economics wisdom considers pure economic loss as a transfer of wealth from the victim to a third party, whose earnings increase as a consequence of the accident. Such transfers do not amount to a social loss and, hence, should not...

Should loss of earnings be compensated? The established law and economics wisdom considers pure economic loss as a transfer of wealth from the victim to a third party, whose earnings increase as a consequence of the accident. Such transfers do not amount to a social loss and, hence, should not...

Die Installation von Manipulationssoftware in Diesel-Pkw von Volkswagen führt zu unterschiedlichen Konsequenzen in den USA und in Deutschland. Die deutschen Käufer werden weniger oder gar nicht entschädigt, weil weder die staatliche Regulierung noch die privatrechtliche Haftung wirksam...

Should loss of earnings be compensated? The established law and economics wisdom considers pure economic loss as a transfer of wealth from the victim to a third party, whose earnings increase as a consequence of the accident. Such transfers do not amount to a social loss and, hence, should not...

Die Installation von Manipulationssoftware in Diesel-Pkw von Volkswagen führt zu unterschiedlichen Konsequenzen in den USA und in Deutschland. Die deutschen Käufer werden weniger oder gar nicht entschädigt, weil weder die staatliche Regulierung noch die privatrechtliche Haftung wirksam...

German Abstract: Das Recht der Konsumenten auf vorzeitige Rückzahlung eines langfristigen Hypothekenkredits in einigen Mitgliedstaaten der EU erhöht den Zinssatz und damit die Kosten des Kredits. Es ist fraglich ob dieses Recht das Konsumentenwohl steigern kann, wenn man es mit der Regel des...

In Germany the Volkswagen Diesel scandal is originally a market failure because the harm from vehicle emissions to public health and to the environment is neither internalized by car producers nor by car drivers. This market failure is neither corrected by public regulation nor by civil...