This paper identifies and evaluates, from an economic point of view, the role of the judiciary the steady shift of environmental regulatory authority to higher, more centralized levels of government in both the U.S. and Europe. We supply both a positive analysis of how the decisions made by...

Criminal liability of corporations became one of the most debated topics especially following the 1990s, when both the US and Europe faced an alarming number of environmental, antitrust, fraud, worker death, bribery, obstruction of justice, and financial crimes involving corporations. The...

The new comparative economics is largely organized around an effort to explain differences in country economic performance in terms of differences between common law and civil code systems. Assumptions about differences between common law and civil code regimes and the correspondence between...

Administrative law has the objective of protecting individuals from the possible abuse that they can encounter from powerful administrative branch of the government. This law also governs the conditions and procedures in which administrative decisions can be reviewed by court. However, judicial...

In the common law legal system, the main sources of law are habits that live in society as a legal culture, as well as agreements that have been agreed upon by the parties. Meanwhile, in the civil law legal system, the regulations set by the government are the main source of law. There are two...

"The book is a short introduction to Comparative Law and Economics, a growing field in the interaction between Law, Economics and Comparative Political Science. It is guide to economists, lawyers and political scientists looking for a brief overview. It includes both strands of the traditional...

Abstract: Unternehmenszusammenschlüsse durch Anteilstausch sind in der Praxis weit verbreitet. Dennoch ist die Frage, wie derartige Transaktionen zweckmäßig im Konzernabschluss abgebildet werden sollten, in der Literatur bislang kaum untersucht worden. Anteilstauschvorgänge werden sowohl...