This paper proposes to explore the welfare impacts of the French biodiesel policies on the consumer fuel prices. We use a theoretical model to determine under which conditions a binding mandate may lead to an increase in fuel prices. We distinguish between two cases, i.e. when the mandate is...

Replaced with revised version of paper 07/18/10.

The 2009 Directive on Renewable Energies (called RED) has set up ambitious targets concerning biofuels consumption in the European Union. This paper addresses this issue in the case of France, focusing on alternative tax policies designed to stimulate biofuels consumption. Our main objective is...

The 2009 Renewable Energies Directive (RED) has set up ambitious targets concerning biofuel consumption in the European Union by 2020. Nevertheless, budgetary constraints and growing concerns about the environmental integrity of first-generation biofuels have imposed a phasing out of the fiscal...

Replaced with revised version of paper 07/18/10.

This paper deals with the way in which various legal instruments provide compensation to victims of catastrophes in Europe. The traditional law and economics of insurance literature with respect o government relief and insurance solutions towards financial compensation is used to analyse various...

La littérature sur les pays de l’Europe Centrale et Orientale est très riche mais porte essentiellement sur les transformations macroéconomiques. Dans cet article nous visons démontrer l’hétérogénéité des résultats obtenu pendant la transition en Europe Centrale et Orientale, à...

L’objectif de cet article est d’identifier les sources de l’antitrust contemporain dans des anciennes doctrines juridiques, notamment celles de la common law. Les restrictions de la concurrence et du commerce étaient poursuivis et sanctionnées en Angleterre depuis le début du Moyen Age...

Many injurers now offer to buy out victims' property to reduce harm. This pa- per examines the e¢ ciency of buyouts negotiated in the shadow of regulation and liability rules which require injurers to take e¢ cient precautions. It shows that if the social bene?t from precautions is increasing...

This article reassess informational financial contagion theory relevant to systemic risk in banking in the light of a coordination problem approach to economics, and then proceed to analyze and comment some related types of systemic risk policies. Typically, policies to limit or contain...