Law and Economics Commons^™

Enfoques Teóricos De Las Reglas Por Defecto En El Derecho De Contratos: Complementariedades, Coincidencias Y Contradicciones, Daniel Monroy

Daniel A Monroy C

El artículo muestra una lectura crítica en lo que respecta a la noción, las funciones y el diseño de las reglas por defecto en el derecho de contratos a partir de tres enfoques teóricos a saber: la perspectiva jurídica tradicional; la visión del Análisis Económico del Derecho (AED) en su versión clásica y; el enfoque del denominado behavioral law and economics (BL&E). El documento destaca con particular atención que en lo correspondiente a la noción y las funciones de las reglas por defecto en el derecho de contratos, existe un alto nivel de coherencia entre la perspectiva jurídica tradicional por …

Victimización Y Justicia Por Mano Propia En Uruguay, Maximo Rossi, Fernando Borraz, Cecilia Chouhy

Maximo Rossi

This article analyzes the attitude of the Uruguayans towards the subjection to the law in the prosecution and punishment of offenders. Specifically, it addresses the approval of people taking justice into their own hands and justification for police action outside the law when capturing delinquents. The LAPOP database (Latin American Public Opinion Project, Vanderbilt University) conducted in 2008 is used for this purpose. Analyzing probit estimates, it is observed that the justification of people taking justice into their own hand is related to the respondent’s experience and situation. Having been victimized in recent months, feeling unsafe in their neighborhood and …

The Fed’S New Model Of Supervision For “Large Complex Banking Organizations”: Coordinated Risk-Based Supervision Of Financial Multinationals For International Financial Stability, Cynthia C. Lichtenstein

Cynthia C. Lichtenstein

Large internationally active financial institutions, in particular multinational banks, have the capacity to create profound disturbances in the globalized financial markets in the event of failure. For that reason, these entities are supervised and examined in a manner that is completely different than the ordinary business corporation. This piece describes the new methodology that has been developed by the United States' central bank, the Board of Governors of the Federal Reserve System or "the Fed" for short, since 1995, for examining what the Fed calls "large complex banking organizations" or LBCOs and indicates how the system in fact carries out …

Los Acuerdos De Libre Comercio Norte-Sur Desde La Perspectiva Del Análisis Económico Del Derecho De Los Contratos, Iván A. Rojas V, José Manuel Alvarez

Iván Rojas V

The Female-Firm Under-Performance Hypothesis And Gender Disparity In The Laws, Mohammad Amin

Mohammad Amin

Using firm-level data on developing countries, the present paper explores and extends the well-known female-firm under-performance hypothesis. Using firm-size as the measure of performance, we contribute to the literature in three important ways. First, in contrast to existing studies that focus on the gender of the owner(s), we focus on the gender of the top manager of the firm. Hence, a new dimension of female vs. male-firms is suggested. Second, we argue that the gender-based difference in firm-size in favor of men need not be uniform across countries. Specifically, we argue that it is likely to be larger in countries …

Regulatory Challenges For Mvnos In Latin America, Víctor Pavón-Villamayor

Víctor Pavón-Villamayor

No abstract provided.

La Demostración Jurídica Y Económica: Similitudes Interdisciplinarias Entre Hipótesis, Causas, Efectos Y Normas. La Norma Económica., José Manuel Martin Coronado

José-Manuel Martin Coronado

Hace unos días leí una entrada de blog de un joven abogado de una conocida universidad y (aparentemente) funcionario público, la cual trataba de una aparente metodología para la resolución de casos. Dado el especial interés del autor por el tema metodológico, bastante ausente entre los profesionales del derecho, creí conveniente felicitar su iniciativa. No obstante, también había un elemento de crítica, el relativo a la metodología bastante antigua y poco práctica en términos modernos (actualización, adaptabilidad, amparo informático, etc.). 1.2. Al parecer la crítica fue interpretada como algo más fuerte que la felicitación, aun cuando reitero, el citado autor …

Oportunidades De Desarrollo Productivo De La Población De Afectación Prioritaria En La Operación Estratégica Fontibón – Aeropuerto Eldorado – Engativá, Iván A. Rojas V

Iván Rojas V

The book analyzes the case of Operation Strategic Fontibón - Eldorado Airport - Engativa (OEFAE) and the implications on the urban economy of the city and potential opportunities for productive development for the population affected by the project in 2010 in Bogotá DC. El libro analiza el caso de la Operación Estrategica Fontibón - Aeropuerto ElDorado - Engativa (OEFAE) y las implicaciones sobre la economía urbana de la ciudad y las posibles oportunidades de desarrollo productivo para la población afectada por el proyecto en el 2010 en la ciudad de Bogotá DC.

The Economic Role Of The English Poor Law, 1780-1834, George R. Boyer

George R. Boyer

[Excerpt] Over the 85-year period from 1748/50 to 1832/34, real per capita expenditures on poor relief increased at an average rate of approximately 1 percent per year. There were also important changes in the administration of relief with respect to able-bodied laborers during the period. Policies providing relief outside of workhouses to unemployed and under-employed able-bodied laborers became widespread during the 1770s and 1780s in the grain-producing South and East of England. The so-called Speenhamland system of outdoor relief flourished until 1834, when it was abolished by the Poor Law Amendment Act. The aim of the thesis is to provide …

Luxury In Ancient Rome: Scope, Timing And Enforcement Of Sumptuary Laws, Giuseppe Dari-Mattiacci, Anna Plisecka

Giuseppe Dari-Mattiacci

Between 182 BC and 18 BC, Roman lawmakers enacted a series of sumptuary laws regulating banquets (including the number of guests and the consumption of specific foods). Enforcement was hardly successful and these regulations had to be reiterated over time. Traditional explanations based on morals, protection of patrimonies and electoral competition do not fully account for the scope, timing and enforcement patterns of such laws. We advance and formalize a novel hypothesis holding that sumptuary legislation originated from the misalignment between political and economic power following the military and economic expansion of Rome in the last two centuries of the …

Legal And Market Uncertainty In Market-Based Instruments: The Case Of The Eu Ets, Giuseppe Dari-Mattiacci, Josephine Van Zeben

Giuseppe Dari-Mattiacci

‘Legal uncertainty’ is the uncertainty experienced by the parties to a lawsuit with respect to the outcome of litigation. When the consequences of a judgment extend to third parties, legal uncertainty can spread into markets and become ‘market uncertainty’. Thus, market uncertainty has relevant and pervasive consequences not only for the litigants but also for unrelated third parties. We argue that certain types of legal remedies cause the transformation from legal uncertainty into market uncertainty. This problem is particular to ‘artificial markets’, such as those created by the legislator for the purposes of market-based regulation, e.g. the European Union Emission …

Crime De Lavagem De Dinheiro – A Ordem Econômica Como Bem Jurídico Protegido, Amilton Bispo Dos Reis

Amilton Bispo dos Reis

This paper aims to a deeper discussion about legal good protected by the brazilian law 9613/98, which deals with prevention and combating the crime of money laundering. Since there is no doctrinal agreement on the subject, essentially seeks to reinforce the doctrinal current that supports the economic order as the essential good to be protected by the law, through the presentation of data and macroeconomic arguments Try it also to demonstrate that such a discussion do not fades into a mere academic rhetoric exercise, since the crime of money laundering affects basic fundamentals of the economy, causing damage to the …

El Individuo Y La Comunidad. Aeon J. Skoble, Mario Šilar

Mario Šilar

No abstract provided.

El Fracaso: Su Utilidad Personal Y Social, Mario Šilar

Mario Šilar

No abstract provided.

The Role Of The Law In The Availability Of Public Transit And Affordable Housing In Atlanta’S West End, Elliott Lipinsky

ELLIOTT LIPINSKY

The Federal Transit Administration (FTA) is a branch of the U.S. Department of Transportation that administers federal funds and provides technical assistance for the support of locally operated public transit systems. MARTA / Atlanta metro area are part of FTA Region IV (the Southeast). FTA would be involved, for instance, in financing the federal grant monies discussed above. But actual regulation of operations (i.e., what MARTA does each day, or what MARTA will plan to do regionally) is more closely regulated by Georgia agencies.

Until recently, the Atlanta metropolitan area had no powerful central agency to coordinate regional transit. The …

From Usages Of Merchants To Default Rules: Practices Of Trade, Ius Commune And Urban Law In Early Modern Antwerp, Dave De Ruysscher

Dave De ruysscher

In sixteenth-century Antwerp, commercial contracts were supported with refined government-made rules that brought techniques, usages and customs practised by merchants to the level of sophisticated law. Because no body of unwritten substantive law on commerce existed and because commercial practices were often too rudimentary from a legal perspective, in the 1500s detailed and balanced normative precepts on contracts of trade came to be crafted. When in the first decades of the sixteenth century more and more foreign merchants visited Antwerp, its rulers gradually started supplementing and upgrading practices of merchants to default rules regarding contracts, with materials and concepts drawn …

La Valutazione Antitrust Degli Sconti Fedeltà Nel Diritto Della Concorrenza Europeo: Alla Ricerca Di Un Approccio Economico E Di Una Teoria Del Danno Per Il Consumatore, Danilo Samà

Dr. Danilo Samà

La valutazione antitrust degli sconti fedeltà nel diritto della concorrenza europeo: alla ricerca di un approccio economico e di una teoria del danno per il consumatore
Author:Dr Danilo Samà (LUISS “Guido Carli” University, Law & Economics LAB)
Abstract:L’articolo si propone di comprendere in base a quali condizioni sconti fedeltà adottati da un’impresa dominante comportino effetti anticoncorrenziali. Gli schemi fidelizzanti, infatti, sebbene estremamente frequenti nelle transazioni di mercato, qualora applicati da un’impresa dominante, rischiano di essere giudicati illeciti per sé, come comprovato dalla casistica giurisprudenziale finora emersa a livello europeo e dal severo scrutinio riservato delle autorità nazionali della …

The Antitrust Treatment Of Loyalty Discounts And Rebates In The Eu Competition Law: In Search Of An Economic Approach And A Theory Of Consumer Harm, Danilo Samà

Dr. Danilo Samà

The antitrust treatment of loyalty discounts and rebates in the EU competition law: in search of an economic approach and a theory of consumer harm
Author:Dr Danilo Samà (LUISS “Guido Carli” University, Law & Economics LAB)
Abstract:In the paper, the fundamental question is under what conditions loyalty discounts and rebates adopted by a dominant firm cause anti-competitive effects. Fidelity schemes, although extremely frequent in the market, if applied by a dominant firm, are likely to be judged as illegal per se, as demonstrated by the EU case-law delivered so far and the severe scrutiny reserved by the national …

The Rise Of Planning In Industrial America, 1865-1914

Richard Adelstein

How American firms grew very large after the Civil War, and how Americans responded to them.

Predatory Pricing, Aaron S. Edlin

Aaron Edlin

Judge Breyer famously worried that aggressive prohibitions of predatory pricing throw away a bird in hand (low prices during the alleged predatory period) for a speculative bird in the bush (preventing higher prices thereafter). Here, I argue that there is no bird in hand because entry cannot be presumed. Moreover, it is plausibly commonplace that low prices or the threat of low prices produce anticompetitive results by reducing entry, inducing exit, and keeping prices high. I analyze three potential standards for identifying predatory pricing. Two are traditional but have been tangled together and must be distinguished. First, a price-cost test …

Between “Metaphysics Of The Stone Age” And The “Brave New World”: H.L.A. Hart On The Law’S Assumptions About Human Nature, Péter Cserne

Péter Cserne

This paper analyses H.L.A. Hart’s views on the epistemic character of the law’s assumptions about human behaviour, as articulated in Causation in the Law and Punishment and Responsibility. Hart suggests that the assumptions behind legal doctrines typically combine common sense factual beliefs, moral intuitions, and philosophical theories of earlier ages with sound moral principles, and empirical knowledge. An important task of legal theory is to provide a ‘rational and critical foundation’ for these doctrines. This does not only imply conceptual clarification in light of an epistemic ideal of objectivity but also involves legal theorists in ‘enlightenment’ about empirical facts, ‘demystification’ …