Courts are rarely asked to judge beauty. Such a subjective practice would normally be anathema to the ideal of objective legal standards. However, one area of federal law has a long tradition of explicitly requiring courts to make aesthetic decisions: the law of design. New designs may be...

Cognitive biases play a fundamental part in franchisor-franchisee deal making. Ordinarily, franchisors have more power and information than do franchisees. The disparity between these parties is often exacerbated by the franchisees' psychological dispositions. Are franchisees biased or...

Conventional wisdom says that innovation is fundamentally at odds with the Regulatory State: It is a gift of a handful of lonely geniuses that need to be unchained from State control and its rigid and obsolete regulations. The ‘Innovation State’ is ‘no country’ for old rules. Few...

Die deutsche Version des Papers ist abrufbar unter: https://ssrn.com/abstract=3337826So far, leniency programmes have been widely used to combat cartels. A company participating in the cartel gets a reduction of its fine for the initial notification of the Antitrust Authorities (AA). The...