The article investigates the problem of the presence of fraudulent behaviors in the Italian automobile insurance market. First of all the phenomenon is described by statistical data about the Italian insurance market. Secondly, the insurance fraud problem is analyzed considering the asymmetric...

This paper analyses the economies of scope in the Italian honking system using both a theoretical approach and an empirical one. Starting from the term « economies of scope » and its traditional definition, particularly applied to the banks’ production activity, this paper makes an attempt...

According to the law and economics approach, pure economic loss is a private loss that is not socially relevant but simply implies a redistribution of wealth. Consequently, wrongful behavior that induces reallocation of costs and benefits with no consequences on social welfare is not considered...

The antitrust intervention in banking has always been heavily influenced by considerations of stability. Regulation has historically given precedence to the stability objective, relegating thus competition to second place. In fact, in the case of banking, price competition tends to encourage...

In this paper, a theoretical analysis of the choice of self-regulating is presented in relation to the ex ante and ex post forms of regulation. First of all the relation of complementarity between these last forms of regulation is investigated through some contributions in the law and economic...

Law and the State provides a political economy analysis of the legal functioning of a democratic state, illustrating how it builds on informational and legal constraints. It explains, in an organised and thematic fashion, how competitive information enhances democracy while strategic information...

This comprehensive volume provides a state-of-the-art overview of regulatory economics and reviews the main theories, tools, and domains of regulation

This thoroughly updated and revised edition of a popular and authoritative reference work introduces the reader to the major concepts and leading contributors in the field of law and economics. The Companion features accessible, informative and provocative entries on all the significant issues,...