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2010

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Articles 1 - 30 of 354

Full-Text Articles in Law

Third Party Access And Refusal To Deal In European Energy Networks: How Sector Regulation And Competition Law Meet Each Other, Michael Diathesopoulos Dec 2010

Third Party Access And Refusal To Deal In European Energy Networks: How Sector Regulation And Competition Law Meet Each Other, Michael Diathesopoulos

Michael Diathesopoulos

In this paper, we will analyse the issue of concurrence between competition and sector rules and the relation between parallel concepts within the two different legal frameworks. We will firstly examine Third Party Access in relation to essential facilities doctrine and refusal of access and we will identify the common points and objectives of these concepts and the extent to which they provide a context to each other’s implementation. Second, we will focus on how Commission uses sector regulation and objectives as a context within the process of implementation of competition law in the energy sector and third, we ...


Book Review Of Competition Law And Policy In Singapore, By Cavinder Bull, Lim Chong Kin, Academy Publishing, Singapore, 2009, Sock-Yong Phang Dec 2010

Book Review Of Competition Law And Policy In Singapore, By Cavinder Bull, Lim Chong Kin, Academy Publishing, Singapore, 2009, Sock-Yong Phang

PHANG Sock Yong

No abstract provided.


Leegin, The Rule Of Reason, And Vertical Agreement, Herbert J. Hovenkamp Dec 2010

Leegin, The Rule Of Reason, And Vertical Agreement, Herbert J. Hovenkamp

Faculty Scholarship at Penn Law

The Supreme Court’s Leegin decision overturned the longstanding rule of per se illegality for resale price maintenance and applied a rule of reason. One might think that the question whether a vertical “agreement” exists between a manufacturer and a dealer should not be affected by the mode of analysis to be applied after an agreement is found. First one asks whether an agreement exists, and determines whether the per se rule or rule of reason applies only after receiving an affirmative answer. Nevertheless, ever since Colgate the Supreme Court has generally taken a more restrictive approach on the agreement ...


Resale Price Maintenance: Consignment Agreements, Copyrighted Or Patented Products And The First Sale Doctrine, Herbert J. Hovenkamp Dec 2010

Resale Price Maintenance: Consignment Agreements, Copyrighted Or Patented Products And The First Sale Doctrine, Herbert J. Hovenkamp

Faculty Scholarship at Penn Law

The rule of reason adopted for resale price maintenance in the Supreme Court’s Leegin decision, which upset the century old Dr. Miles rule of per se illegality, requires some reconsideration of a number of issues about antitrust treatment of RPM. Under the old per se rule, bona fide “consignment” agreements were not covered by Section 1 of the Sherman Act at all because there was said to be no qualifying “agreement” between the supplier and the dealer. Rather the dealer was simply said to be acting as an agent of the seller. However, insofar as RPM produces competitive dangers ...


Obstaculos Juridicos Y Economicos A La Aplicacion De La Teoria Del Incumplimiento Eficiente: ¿Un Irritante Juridico O Una Figura De Aplicacion Imposible?, Renzo E. Saavedra Velazco Dec 2010

Obstaculos Juridicos Y Economicos A La Aplicacion De La Teoria Del Incumplimiento Eficiente: ¿Un Irritante Juridico O Una Figura De Aplicacion Imposible?, Renzo E. Saavedra Velazco

Renzo E. Saavedra Velazco

Actualmente el dinamismo del mercado insta a los agentes económicos a vincularse por medio de contratos, vehículo por excelencia de la autonomía privada de las partes como reglamentación de intereses de los mismos. Pero, ¿qué sucede cuando uno de los contratantes incumple o decide apartarse de dicha vinculación? En el presente artículo, el autor analiza, desde la perspectiva del derecho contractual norteamericano, la denominada "teoría del incumplimiento eficiente" y los diversos factores involucrados, así como su eventual incorporación a nuestra realidad jurídica. Finalmente, nos propone pensar mejor en términos de la "teoría de la conclusión contractual eficiente" (comentario de Themis).


Does It Hurt A State To Introduce An Income Tax?, David J. Shakow Dec 2010

Does It Hurt A State To Introduce An Income Tax?, David J. Shakow

Faculty Scholarship at Penn Law

In an article in the Wall Street Journal, Arthur Laffer argued that, since 1960, the introduction of state income taxes reduced the relative size of a state’s gross state product and its relative per capita personal income. This paper criticizes Laffer’s conclusions on a number of grounds. 1. He uses incorrect figures for per capita income. In fact, relative per capita income rose in a majority of states that introduced an income tax since 1960. 2. The results are not clear when a state’s data is compared to other states in its region, rather than to the ...


Vertical Restraints, Dealers With Power, And Antitrust Policy, Herbert J. Hovenkamp Dec 2010

Vertical Restraints, Dealers With Power, And Antitrust Policy, Herbert J. Hovenkamp

Faculty Scholarship at Penn Law

The Supreme Court’s Leegin decision has now brought the rule of reason to all purely vertical intrabrand distribution restraints. But the rule of reason does not mean per se legality and occasions for anticompetitive vertically imposed restraints may still arise. Of all those that have been suggested the most plausible are vertical restraints imposed at the behest of a powerful dealer or group (cartel) of dealers.

Although a vertical distribution restraint resembles a dealer cartel in that both limit intraband competition, a manufacturer restraining the distribution of its product shuns the excess dealer profits a dealer cartel would seek ...


Winner's Curse (La Maldición Del Ganador): Un Análisis De La Toma De Decisiones En Subastas De Valor Común, Renzo E. Saavedra Velazco Dec 2010

Winner's Curse (La Maldición Del Ganador): Un Análisis De La Toma De Decisiones En Subastas De Valor Común, Renzo E. Saavedra Velazco

Renzo E. Saavedra Velazco

En la presente nota se analiza la denominada maldición del ganador que importa que el ganador de una subasta puede ser quien sufra las más altas pérdidas, en lugar de los participaron que no lograron adjudicarse el bien o el derecho materia de la subasta. Este resultado se produce por una conjunción de fuerzas en contraposición: la lógica que le indica pujar con cuidado; y, el deseo de lograr la adjudicación que se exacerba en atención a la cantidad de proponentes. Ante ello, muchas veces el ganador termina por ofrecer una suma por encima de su propia valuación subjetiva y ...


The Future Of Digital Communications Research And Policy, Scott Wallsten Dec 2010

The Future Of Digital Communications Research And Policy, Scott Wallsten

Federal Communications Law Journal

Symposium: Essays from Time Warner Cable's Research Program on Digital Communications.


Law And Finance: A Theoretical Perspective, Tamara Lothian Dec 2010

Law And Finance: A Theoretical Perspective, Tamara Lothian

Tamara Lothian

No abstract provided.


After The Crisis: Institutional Innovation And The Alternative Futures Of American Finance, Tamara Lothian Dec 2010

After The Crisis: Institutional Innovation And The Alternative Futures Of American Finance, Tamara Lothian

Tamara Lothian

No abstract provided.


O Cade E As Soluções Negociadas, Carlos Emmanuel Joppert Ragazzo Dec 2010

O Cade E As Soluções Negociadas, Carlos Emmanuel Joppert Ragazzo

carlos ragazzo

No abstract provided.


Reframing Antitrust In Light Of Scientific Revolution: Accounting For Transaction Costs In Rule Of Reason Analysis, Alan J. Meese Dec 2010

Reframing Antitrust In Light Of Scientific Revolution: Accounting For Transaction Costs In Rule Of Reason Analysis, Alan J. Meese

Faculty Publications

This Article contends that modern rule of reason analysis, informed by workable competition’s partial equilibrium trade-off paradigm, is suitable for evaluating only a subset of agreements that may reduce transaction costs. The Article distinguishes between “technological” and “non-technological” transaction costs. Technological transaction costs entail the bargaining and information costs first emphasized by Ronald Coase, while non-technological transaction costs result from more fundamental departures from perfect competition, departures creating a risk of opportunism that accompanies relationship-specific investments. Modern law does accurately assess restraints that may reduce technological transaction costs—costs that are analogous to the sort of production costs recognized ...


Recessions And The Social Safety Net: The Alternative Minimum Tax As A Counter-Cyclical Fiscal Stabilizer, Brian Galle, Jonathan Klick Dec 2010

Recessions And The Social Safety Net: The Alternative Minimum Tax As A Counter-Cyclical Fiscal Stabilizer, Brian Galle, Jonathan Klick

Faculty Scholarship at Penn Law

As recent events illustrate, state finances are procyclical: during recessions, state revenues crash, worsening the effects of economic downturns. This problem is well known, yet persistent. We argue here that, in light of predictable federalism and political economy dynamics, states will be unable to change this situation on their own. Additionally, we note that many possible federal remedies may result in worse problems, such as by creating moral hazard that would induce states to take on excessively risky policy, both fiscal and otherwise. Thus, we argue that policymakers should consider so-called “automatic” stabilizers, such as are found in the federal ...


China's Development Of International Economic Law And Wto Legal Capacity Building, Pasha L. Hsieh Dec 2010

China's Development Of International Economic Law And Wto Legal Capacity Building, Pasha L. Hsieh

Research Collection School Of Law

This article examines legal and institutional aspects of the evolution of China’s approach to the dispute settlement mechanism of the World Trade Organization (WTO). It begins by analyzing the impact of China’s changing attitude toward international law on the escalation of international economic law research. In particular, the article provides the first detailed examination of China’s efforts to strengthen public–private cooperation in building its WTO legal capacity. China established think tanks to bridge the information and communication gaps between the government and industries. To develop its WTO lawyers, the Chinese government has consistently required international law ...


The Distortionary Effect Of Evidence On Primary Behavior, Alex Stein, Gideon Parchomovsky Dec 2010

The Distortionary Effect Of Evidence On Primary Behavior, Alex Stein, Gideon Parchomovsky

Faculty Scholarship

No abstract provided.


Rethinking Free Trade, Fernando L. Leila Nov 2010

Rethinking Free Trade, Fernando L. Leila

Cornell Law School Inter-University Graduate Student Conference Papers

This paper examines the present theories and shortcomings of current free trade policy, and the consequences thereof, which promote protectionist behavior among countries on an international scale. Theoretically, free trade should encourage progress within the global community. However, developing countries, with astonishing growth rates, like Brazil, China or India, have based their economies on opposing economic policies, closer to mercantilism than liberalization or free trade, allowing for poor countries to question whether free trade is the right way to improve their economies. Furthermore, a huge gap exists between what developed countries preach and what they practice, presenting a major obstacle ...


Will The Sec Survive Financial Regulatory Reform?, Renee M. Jones Nov 2010

Will The Sec Survive Financial Regulatory Reform?, Renee M. Jones

Boston College Law School Faculty Papers

The Securities and Exchange Commission’s (“SEC”) conspicuous failures during the financial crisis of 2008 have led many to question the agency’s relevance in the modern financial era. Some commentators have called for the creation of new super-agencies to assume a substantial portion of the SEC’s duties. Others highlight enforcement failures and question the agency’s commitment to its investor protection mission. Despite its recent missteps and persistent calls for regulatory overhaul, the SEC’s future seems secure for now as President Obama’s reform proposals (the “Obama Plan”) as currentlyconceived preserve the agency’s independence. Although thus ...


¿Interpretamos La Voluntad Del Testador O Sólo Lo Literalmente Expresado En El Testamento?: Consideraciones Desde La Óptica De La Comparación Jurídica, Renzo E. Saavedra Velazco Nov 2010

¿Interpretamos La Voluntad Del Testador O Sólo Lo Literalmente Expresado En El Testamento?: Consideraciones Desde La Óptica De La Comparación Jurídica, Renzo E. Saavedra Velazco

Renzo E. Saavedra Velazco

Recientemente en el Perú se ha suscitado una discusion, mas mediática que jurídica, sobre la interpretación testamentaria. Planteado en tales términos el debate sólo ha recogido de manera implícita los aspectos medulares de tan compleja materia. Es por esta razón que el objetivo del presente artículo es brindar un vistazo panorámico a la materia desde la perspectiva de la comparación jurídica.


Uso Social Del Suelo Ejidal Y Comunal Para El Desarrollo Equilibrado De Las Áreas Urbanas Del Estado De Puebla, Bruno L. Costantini García Nov 2010

Uso Social Del Suelo Ejidal Y Comunal Para El Desarrollo Equilibrado De Las Áreas Urbanas Del Estado De Puebla, Bruno L. Costantini García

Bruno L. Costantini García

De origen, difundir los diversos esquemas permitidos por la Ley para posibilitar la realización de proyectos con fines inmobiliarios, a efecto de que los núcleos agrarios y sus integrantes se beneficien equitativamente de la urbanización de sus tierras, coadyuvando con ello al desarrollo urbano planificado y ordenado de los centros de población del Estado de Puebla; como consecuencia, impulsar el desarrollo habitacional equilibrado de éste. Eliminar el circulo.- “necesidad de tierra – asentamiento irregular – solución de conflicto”, mediante la planeación socioeconómico de los núcleos agrarios ejidales y comunales, a fin de diseñar un mecanismo eficaz que satisfaga las necesidades de los ...


¿Volviendo Al Control De Precios?, Diferenciando Entre Regulación Y Supervisión: Un Enfoque Comparativo Con La Libre Competencia, John Pineda Galarza, Héctor Figari Costa Nov 2010

¿Volviendo Al Control De Precios?, Diferenciando Entre Regulación Y Supervisión: Un Enfoque Comparativo Con La Libre Competencia, John Pineda Galarza, Héctor Figari Costa

John Pineda Galarza

El presente trabajo busca analizar el fundamento teórico de cuando se puede fijar precios y aplicarlo al mercado de las Administradoras de Fondos de Pensiones (AFP), a fin de determinar la necesidad de regular las comisiones que cobran estas por concepto de administración de fondos de los afiliados. El análisis del mismo se desarrollará bajo la óptica de las normas del Libre Mercado y Libre Competencia, identificando y diferenciando entre supervisión y regulación


Análisis Económico De La Intervención Judicial En Los Contratos ¿Una Cuestión De Justicia?, Daniel Monroy Nov 2010

Análisis Económico De La Intervención Judicial En Los Contratos ¿Una Cuestión De Justicia?, Daniel Monroy

Daniel A Monroy C

Desde la perspectiva del AED, una de las funciones principales del derecho de contratos, sobre la cual diferentes autores hacen mayor énfasis, es la relacionada con la “disuasión del oportunismo”; en igual sentido, otra de las funciones del derecho de contratos es la relativa a la “interpolación eficiente de términos contractuales”. Dichas funciones suelen explicar buena parte de la regulación en materia de contratos, además de justificar la intervención judicial. Por otro lado, algunos autores nos llevan a considerar que propugnar exclusivamente por la libertad y la autonomía contractual, puede llevarnos a garantizar que los contratos, además de ser mecanismos ...


Análisis Económico De Los Riesgos Contractuales: Racionalidad Económica Como Argumento Para La Supresión De La Teoría De La Imprevisión., Daniel Monroy Nov 2010

Análisis Económico De Los Riesgos Contractuales: Racionalidad Económica Como Argumento Para La Supresión De La Teoría De La Imprevisión., Daniel Monroy

Daniel A Monroy C

Este artículo constituye un aporte a la recurrente discusión acerca de la forma como se contempla la problemática de los riesgos contractuales desde la perspectiva jurídica tradicional, complementándola de manera crítica a través de herramientas propias del AED y haciendo especial énfasis en lo relativo a la Teoría de la Imprevisión. Se argumenta que la forma como está planteada actualmente dicha Teoría en el sistema jurídico, particularmente la dificultad para dotar objetivamente de contenido los requisitos normativos exigidos, conduce a que aquella alcance tal nivel de complejidad que dificulta ampliamente su aplicación en la realidad. Adicionalmente, al contemplarse la posibilidad ...


Imitando La Intermediación Financiera Indirecta: El Caso De Los Bancos De Alimentos, Renzo E. Saavedra Velazco Oct 2010

Imitando La Intermediación Financiera Indirecta: El Caso De Los Bancos De Alimentos, Renzo E. Saavedra Velazco

Renzo E. Saavedra Velazco

De un tiempo a esta parte se observa un enorme desarrollo de supermercados, sea de gran envergadura, sea pequeña escala. Correlativamente, y pesar del sólido progreso macroeconómico, aún existe un segmento considerable de la sociedad en estado de desamparo y que requiere de medidas asistenciales por parte del Estado. Sin embargo en países como los recursos son excesivamente limitados, por ello resulta importante las alternativas de responsabilidad social empresarial que se vienen implementando o de modo directo la participación privada para colaborar en los esfuerzos asistenciales. Es en este marco donde se inserta la actuación de los Bancos de Alimentos.


Burger, Without Spies, Please: Notes From A Human Rights Researcher, Anna Valerie Dolidze Oct 2010

Burger, Without Spies, Please: Notes From A Human Rights Researcher, Anna Valerie Dolidze

Cornell Law School J.S.D. Student Research Papers

No abstract provided.


Del Derecho Y La Economía Al Derecho Económico. Working Paper N. 1, Mario A. Pinzón Mapc Oct 2010

Del Derecho Y La Economía Al Derecho Económico. Working Paper N. 1, Mario A. Pinzón Mapc

Mario A Pinzón Camargo

La relación entre derecho y economía se ha condensado en un nuevo espacio de reflexión que puede ser denominado como un nuevo paradigma en las ciencias sociales. A diferencia de la concepción clásica que plantea el antagonismo entre estas dos, éste artículo examina su complementariedad. The link between law and economics has been condensed in a new space of reflection that can be called a new paradigm within the social sciences, which intends to build the bridges of understanding between these two sciences. In contrast to the classical conception that states the antagonism in between them, due to their constitutive ...


Puntos De Encuentro Y Apoyo De La Nueva Economía Institucional En El Análisis De Las Políticas Públicas. Working Paper N. 2, Mario A. Pinzón Mapc Oct 2010

Puntos De Encuentro Y Apoyo De La Nueva Economía Institucional En El Análisis De Las Políticas Públicas. Working Paper N. 2, Mario A. Pinzón Mapc

Mario A Pinzón Camargo

Este artículo tiene como propósito analizar el grado de utilidad de una de las vertientes del Análisis Económico del Derecho, la Nueva Economía Institucional, en el Análisis de Políticas Públicas.


Derecho Y Eficiencia Económica, Fernando Castillo Cadena Oct 2010

Derecho Y Eficiencia Económica, Fernando Castillo Cadena

Fernando Castillo Cadena

No abstract provided.


What Economists Really Know, And What They Don't, Richard Adelstein Oct 2010

What Economists Really Know, And What They Don't, Richard Adelstein

Division II Faculty Publications

A PowerPoint presentation on what it's possible for economists to know.


What Economists Really Know, And What They Don't, Richard Adelstein Oct 2010

What Economists Really Know, And What They Don't, Richard Adelstein

Richard Adelstein

A PowerPoint presentation on what it's possible for economists to know. A video of the lecture is accessible at: https://itunes.apple.com/us/podcast/what-economists-really-know-and-what-they-dont-feb-23-2011/id427787563?i=1000092352244&mt=2