In various European legal acts the Council has delegated power to the Commission to set common policy, conditional on specific procedural requirements, which are commonly known as "comitology". In this paper we analyse whether and how far these implementation procedures help to overcome a...

In this article a simple game is used to develop a concept of trust that takes account of boundedly rational behavior. Even if a first mover in a sequential game is protected against opportunism by legal means or means of private ordering there remains a risk that the second mover does not...

In spite of the great volume of law and economics research carried out in the field of tort law, there exists a gap in the literature concerning the effects of different tort remedies, namely money damages and restitution in natura. Although there is a parallel between the above mentioned...

The right of access to civil justice is a cornerstone of the Belgian legal order. At present time, however, financial barriers prevent about three quarters of the Belgian population from fully asserting their subjective rights. As traditionally, apart from legal aid, private funding is the...

Weak enforcement of contracts leads to inefficient breach of contract and to an overall increase of contract breaches for firms and individuals. Existing literature on contract enforcement has focussed on self-enforcing contracts and contracts within a relationship, family or clan. At the firm...

Das Bundesverfassungsgericht hat gesprochen: Das im Hochschulrahmengesetz enthaltene Verbot, bis zum ersten berufsqualifizierenden Abschluß Studiengebühren zu erheben, ist nichtig. Damit ist in Deutschland die Bahn frei für die Einführung von Studiengebühren. Aber sollten die Bundesländer,...

This paper explores the conditions under which compliance with a social contract establishes an equilibrium in a society. It is assumed that society consists of two groups, one of which has a comparative advantage in using violence, whereas the other one has a comparative advantage in producing...

The institution of marriage is the foundation of the family and of society. Even though it is a private institution, it has been regulated by society, depending on the specific time and history, religious perceptions, legal rules or customs, and norms. According to historical judicial...

Dieser Beitrag behandelt Begriff, Ursachen, Wirkungen sowie Bewertung und mögliche Ausgleichsmaßnahmen gestörter Vertragsparität. Dabei wird auf die ökonomische Verhandlungstheorie und die Theorie der Wettbewerbsmärkte zurückgegriffen. Es werden in der Rechtswissenschaft vorfindbare...