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- Commercial Law (5)
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- AIFM (1)
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- Coase Theore; the hidden intuitions of Ronald Coase; the four criticisms to Pigou by Coase; the failure of decoupling liability; the difficulty of the concept of causation (1)
- Coase theorem; The impossibility of internalize all external effects; The hidden intuitions in Coase work; The four criticisms to Pigou by Coase; The difficult concept of causation (1)
- Coase theorem; hidden contributions of Coase (1)
- Corporations (1)
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- Mental Budgeting; Ineffcient Contract Clauses; Cognitive Psychology; Consumer Irrationality (1)
- Modern contracting and contracting in the state of nature; costs of litigation and simultaneous contrats (1)
- Securities Law (1)
- Short Selling (1)
- Standard form contracts; standr clauses and market for lemons (1)
- The four criticìsm to Pigou by Coase;the failure of decoupling liability (1)
- The impossibility of internalization of all social costs; the four criticisms to Pigou by coase. The failure of deocupling liability; The difficulty of concept of causation; Coase Theorem (1)
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Contracting In The Modern World, Enrico Baffi
Contracting In The Modern World, Enrico Baffi
enrico baffi
In this paper I try explore some of the basic features of modern mass contracting. In my opinion, there are basically four characteristics of modern mass contracting: a)he reduced negotiations; b) the dissemination of standard form contracts; c) the presence of abusive clauses; d) and the recapitulation of the contract and its execution in a single act of stipulation. All the changes are the consequences in the changes of relative costs of activities: a) The reduction in negotiations is the result first of all of the costs that this activity requires and of the costs required to manage personalized contracts; …
The Problem Of Internalization Of Social Costs And The Ideas Of Ronal Coase, Enrico Baffi
The Problem Of Internalization Of Social Costs And The Ideas Of Ronal Coase, Enrico Baffi
enrico baffi
This work examines the influence of Coasian thought on the analysis of externalities as used by economists and legal economists. Ronald Coase, a Chicago scholar, advanced a series of criticisms of the Pigovian tax system; the theorem that bears his name is merely the best known. In his 1960 work, he sought to demonstrate that the internationalization of social costs was not always socially useful andd sometimes impossible. In addition, he identified other institutional solutions to which systems can - and often do - resort. One of these solutions is to simply authorize the harmful activity without introducing mechanisms to …
The Problem Of Internalization Of Social Costs And The Ideas Of Ronald Coase, Enrico Baffi
The Problem Of Internalization Of Social Costs And The Ideas Of Ronald Coase, Enrico Baffi
enrico baffi
This work examines the influence of Coasian thought on the analysis of externalities as used by economists and legal economists. Ronald Coase, a Chicago scholar, advanced a series of criticisms of the Pigovian tax system; the theorem that bears his name is merely the best known. In his 1960 work, he sought to demonstrate that the internationalization of social costs was not always socially useful. In addition, he identified other institutional solutions to which systems can - and often do - resort. One of these solutions is to simply authorise the harmful activity without introducing mechanisms to internalise social costs. …
The Problem Of Internalization Of Social Costs And The Ideas Of Ronald Coase, Enrico Baffi
The Problem Of Internalization Of Social Costs And The Ideas Of Ronald Coase, Enrico Baffi
enrico baffi
This work examines the influence of Coasian thought on the analysis of externalities as used by economists and legal economists. Ronald Coase, a Chicago scholar, advanced a series of criticisms of the Pigovian tax system; the theorem that bears his name is merely the best known. In his 1960 work, he sought to demonstrate that the internationalization of social costs was not always socially useful and in many casesimossible. In addition, he identified other institutional solutions to which systems can - and often do - resort. One of these solutions is to simply authorize the harmful activity without introducing mechanisms …
The Problem Of Internalization Of Social Costs And The Ideas Of Ronald Coase, Enrico Baffi
The Problem Of Internalization Of Social Costs And The Ideas Of Ronald Coase, Enrico Baffi
enrico baffi
This work examines the influence of Coasian thought on the analysis of externalities as used by economists and legal economists. Ronald Coase, a Chicago scholar, advanced a series of criticisms of the Pigovian tax system; the theorem that bears his name is merely the best known. In his 1960 work, he sought to demonstrate that the internationalization of social costs was not always socially useful and also difficult if not impossible to realize. In addition, he identified other institutional solutions to which systems can - and often do - resort. One of these solutions is to simply authorize the harmful …
Mental Budget: Inefficient Clauses Or Consumer Choices?, Enrico Baffi
Mental Budget: Inefficient Clauses Or Consumer Choices?, Enrico Baffi
enrico baffi
In this paper I aim to demonstrate that due the phenomenon of consumer mental accounting, it's not possible to consider money as fungible. Consumers decide to spend a certain amount of money for a kind of good and they are not willing to take some extra money from the jars that contain the money to spend for other goods. But consumers seem to have a sort of reserve which encompass efforts, time, and the possibility to bear risk that they use to save money and obtain a lower price for a good. To explain, a good can be delivered at …
Extending The Eu Financial Regulatory Framework To Aifm, Credi Derivatives, And Short Selling, Enrico Baffi, Dino Lattuca, Paolo Santella
Extending The Eu Financial Regulatory Framework To Aifm, Credi Derivatives, And Short Selling, Enrico Baffi, Dino Lattuca, Paolo Santella
enrico baffi
The European Commission followed the impulse from G20 for a coordinate response to the financial crisis by adopting a proposal for a Directive to mandate the clearing of suitable classes of OTC derivatives (the so-called EMIR proposal) and a proposal on alternative investment funds (AIFMD). However, the Commission further enlarged the regulatory perimeter by including in the AIFMD proposal also private equity funds and by adopting a proposal for Regulation on short selling. In particular, the EMIR proposal, currently (March 2011) under discussion at the Council and the European Parliament, follows closely the multilateral regulatory efforts by providing mandatory clearing …