In Korea, local governments and local agencies had to apply a version of the first price auction augmented by an ex-post screening process when they procure construction contracts. However, this first price auction had been criticized because it was felt that too much price competition could...

Purpose: The purpose of this work is to confront the social expectations of the TTIP, and how it effects the so-called “expert knowledge”. Defining a mismatch between the social expectations and expert knowledge may contribute to better understanding of the controversies related to the TTIP....

In Germany, free collective bargaining was introduced after the Great War in November 1918. Tough, it has constitutional status, we can observe that the state monitors and sometimes steers the collective bargaining process. This can be explained by using the Principal Agent Model as an...