Google is supposed to be the dominant player in most search markets around the world. But what is a search market? To calculate a market share of 90% or more, it has to be clear what the denominator is: Does the search market also include product search and therefore Amazon and eBay or the...

It is a well-known fact that the so called “white collar crimes” now implies a wide variety of offenses (including bribery) that can affect the lives of more individuals than the “classic” crimes. An analysis of corruption necessarily implies an interdisciplinary approach, as it has...

This paper shows the links between the epistemological debate in Economics and in Law. In an evolutionary perspective we note phases in which each discipline seems “pure doctrine” and others in which there is greater coherence between theoretical patterns and the real economic and legal...

A substantial number of regulatory frameworks are commonly viewed by impartial observers as inordinately complex. Is there an explanation for this phenomenon? Employing a partial equilibrium model, this paper approaches the problem of complexity from a political-economy vantage point. It...

We provide experimental evidence on the emergence of redistributive societies. Individuals first vote on redistribution by feet and then learn their productivity and invest. We vary the individuals’ information about their productivities at the time when they choose a distribution rule and...

Courts require royalty rate calculations based on rigorous economic foundations. The licensing literature provides limited guidance for royalty rate determination, leaving appraisal report readers wanting a more tangible and objective lens through which to understand and judge the credibility of...

The exact content of the relation between dignity and law has not been fully clarified yet. We only know that, although it has been used since antiquity, the notion entered international legislation and national constitutions only after WWII. Since then, the law uses the term, but it does not...

Financial and economic crisis, worldwide installed, passivity, incompetence and, in some cases even corruption are the factors for financial crisis in the administrative territorial units. The paper addresses theoretical issues of, the financial crisis through the prism of Law no.273/2006 on...

The principle of applying a single penalty for a single unlawful act is also provided by the European Convention on Human Rights. This principle involves the application of a single sanction for a single illegal act; the one who disregarded by his behavior, the rule of law will be responsible...