Vorgestellt wird ein juristisches Modell, nach dem nicht die Rechtsnormen, sondern die sog. Institutionen die beherrschenden Faktoren der (richterlichen) Entscheidungsfindung sind. Hierbei werden einer institutionell gedeuteten Wirklichkeit normative Forderungen entnommen, die an die Stelle des...

Trade credit is one of the most important sources of short-term finance in buyer-seller transactions.This paper studies a seller's trade credit provision decision in a situation of repeated contracting withincomplete information over the buyer's ability and willingness of payment compliance when...

Chicken meat consumption has increased substantially in the last decades due to farming and processing intensification and due to perceived health and environmental benefits for consumers. Organic chicken additionally, is perceived to have better taste, lead to higher animal welfare and...

Kosovo had been a net exporter - at least of some - fruit and vegetables in the former Federal Republic of Yugoslavia before the civil war. Current reconstruction efforts therefore focus on restoring the past horticultural potential of the now independent province. This paper analyses the...

Vorgestellt wird ein juristisches Modell, nach dem nicht die Rechtsnormen, sondern die sog. Institutionen die beherrschenden Faktoren der (richterlichen) Entscheidungsfindung sind. Hierbei werden einer institutionell gedeuteten Wirklichkeit normative Forderungen entnommen, die an die Stelle des...

Large-scale land acquisitions, or land grabs, concentrate in developing countries which are also known for their corruption-friendly setting caused by a weak institutional framework. We argue that corrupt elites exploit this given institutional set-up to strike deals with international investors...

Large-scale land acquisitions often take place in developing countries which are also known for their corruption-friendliness caused by weak institutional frameworks. We hypothesize that corruption indeed leads to more land deals. We argue that corrupt elites exploit poor institutional setups...

Headquarters and their specialized component suppliers have a vital interest in establishing long-term collaborations. When formal contracts are not enforceable, such efficiency-enhancing cooperations can be established via informal agreements, but relational contracts have been largely ignored...

We show in this paper that trade in tasks can explain increasing resistance to globalization in industrialized countries. In a traditional trade model of a small open economy, we demonstrate that schooling provides protection against losses from trade if trade increases the relative price of the...