Showing 1 - 10 of 118
This paper seeks to situate an understanding of the long-term implications of Smart Contract (SC) technologies as a cluster of technologies that together with AI (shorthand for software applications) and 5G (shorthand for networked ICTs) will prove important for enabling a future wherein any...
Persistent link: https://www.econbiz.de/10013421001
Consumer protection shifts risks from consumers to businesses. This raises marginal costs and equilibrium prices. It is justified when markets are not strong enough to allocate contractual risks or accident risks efficiently, especially in cases of severe asymmetric information between suppliers...
Persistent link: https://www.econbiz.de/10015186104
Persistent link: https://www.econbiz.de/10005062816
In 2002, the SEC launched enforcement actions against investors involved in PIPE (Private Investments in Public Equity) transactions. We describe the legal ramifications of this enforcement initiative, and document dramatic contemporaneous market-wide changes in the contractual structure of...
Persistent link: https://www.econbiz.de/10010753685
This chapter was presented at a conference in Dublin on the (then) new Rome I Regulation of the European Union in the fall of 2009. It contrasts the Rome I rules on party autonomy with those in the United States. In particular, it considers the rules in the Rome I Regulation that ostensibly...
Persistent link: https://www.econbiz.de/10014174890
Stable nations and societies are largely based on stable family law and policy. Questions of family preservation and stability in immigration policy present new dimensions of legal intervention. Offering a review of the relevant literature, this paper presents the challenges in the family law...
Persistent link: https://www.econbiz.de/10014175482
The main objective of the paper is to discuss the EU private international law of the insurance contracts after the entry into force of the Rome I Regulation. Its system of connecting factors is commonly criticised due to its complex and casuistic character. The author believes that the current...
Persistent link: https://www.econbiz.de/10014179594
The debate about the compensation of executives and directors is a discussion about incentives and agency costs. This article analyzes basic tools to reduce agency costs and also assesses the ongoing debate about the future regulation of the compensation of executives and directors. It draws...
Persistent link: https://www.econbiz.de/10014180330
America is in the midst of a “fantasy sports revolution” that is changing the way sports fans interact with one another. With more than 30 million Americans playing fantasy sports, today’s sports fans spend as much time predicting the performance of professional athletes as Wall Street...
Persistent link: https://www.econbiz.de/10014042907
This paper provides an overview of some settled regulatory principles regarding public utilities in the United States, United Kingdom, Europe, and Chile. The main finding is that regulatory law has a strong economic component, which is recognised by national courts. This feature is intertwined...
Persistent link: https://www.econbiz.de/10014049934