Wer zehn Jahre nach der Umsetzung der europäischen Richtlinie über missbräuchliche Klauseln in Verbraucherverträgen (93/13/EWG) in das deutsche Recht durch die Änderung des AGB-Gesetzes von 1996 über die unterschiedlichen Grundlagen des deutschen AGB-Rechts und der europäischen...

License procedures are a common way of enforcing regulation of activities whose effects on social welfare depend on the specificities of the single case. Building permits may serve as an example, but many other licensing procedures follow the same structure. In particular in Germany, the long...

Standard economic explanations of good conduct in trade rely almost exclusively on future-directed extrinsic motivations induced by material incentives. But intrinsic motives to behave trustworthily and to punish untrustworthiness do support trade. In our model, intrinsically motivated players...

Social institutions regulating group conduct have been regarded as necessary for human cooperation to transcend family bonds. However, many studies in economics and biology indicate that reciprocity based on repeated interaction su_ces to establish cooperation with non-kin. We shed light on the...