This paper agrees that a suitably generalized Darwinism may help understandsocioeconomic change, but finds the most publicized generalization by Hodgson and Knudsenunsuitable. To do better, it generalizes the extension of Neo-Darwinism into evolutionarydevelopmental biology (“evo-devo”),...

Abstract This paper explores the relationship between law and applied welfare economics, BCA, and indicates how they are mutually enhancing. A definition of underlying principles for benefit cost analysis is given, from which rules for its application are derived. These rules are useful in...

Резюме: Предмет на анализ е нововъведената от 2022 г. избираема учебна дисциплина „Правен режим на защита от дискриминация“, която трябва да се изучава в...

The Islamic Financial Services Act 2013 (IFSA) came into force on 30 June 2013 with the objective to pave way for the development of an end-to-end Shariah compliant regulatory framework for the conduct of Islamic financial operation in Malaysia. From Islamic deposit product perspective, one of...

Fungsi utama Jawatankuasa Syariah bagi perbankan Islam adalah untuk mengawasi dan memastikan segala operasi perbankan Islam tidak bercanggah dengan prinsip Syariah. Di Malaysia, terdapat dua peringkat Jawatankuasa Syariah iaitu di peringkat institusi perbankan Islam dan juga Majlis Penasihat...

The Islamic Financial Services Act 2013 (IFSA) came into force on 30 June 2013 with the objective to pave way for the development of an end-to-end Shariah compliant regulatory framework for the conduct of Islamic financial operation in Malaysia. A key concern among Islamic banks is regarding the...

The efficiency of two different means of controlling hazardous economic activities, namely ex post liability for harm done and ex ante safety regulation, is re-examined. Some researchers have stressed that the complementary use of these two instruments can be socially advantageous. Here it is...

Kolstad, Ulen and Johnson (1990) have conjectured that exclusive use of negligence liability leads to suboptimal choice of precaution in the presence of uncertainty and that ex ante regulation can correct these inefficiencies. We complete their argument by making a mild additional premise.

This paper revisits the issue of the unilateral divorce law, taking into account that: 1/ the decisions to engage in marriage and then to divorce or to stay married are fundamentally sequential decisions; 2/ household consumption has a large joint component, generating economies of scale. The...

This paper briefly summarizes recent research on justice, in particular Konow’s (2003) positive theory of justice. This research is then applied to recent events in Iceland: the attempt by Iceland’s largest bank to take over a savings bank. Shortly after the deal was announced the Icelandic...