Seit einiger Zeit bedienen sich die Veranstalter von Grossereignissen wie Welt- und Europameisterschaften, Olympiaden, Konzerttourneen u.a.m. des Markenrechts, um Sponsoren dieser Ereignisse eine wertvolle Gegenleistung bieten zu können. Die Bezeichnung des Ereignisses wird als Marke...

The academic world is wonderful. Like few other professionals, we can choose what we want to do and what questions we think are important, which in our line of work means choosing what topics we want to research. But what influences our choices? This paper examines what drives scholars to select...

In this article a simple game is used to develop a concept of trust that takes account of boundedly rational behavior. Even if a first mover in a sequential game is protected against opportunism by legal means or means of private ordering there remains a risk that the second mover does not...

This paper explores the conditions under which compliance with a social contract establishes an equilibrium in a society. It is assumed that society consists of two groups, one of which has a comparative advantage in using violence, whereas the other one has a comparative advantage in producing...

Hanns Prüttings Nutzen und Schaden der ZPO-Gesetzgebung" fasst die Bemü-hungen zu einer ökonomischen Evaluation der vielen Maßnahmen zur Reform des Zivilprozesses im Jahr 2002 zusammen. Eine befriedigende Evaluation muss dabei zunächst die ökonomischen Zielgrößen benennen, die durch das...

We argue that the proposed introduction of the doctrine of economic impossibility in Article 137 of the reform draft of the Turkish Code of Obligations is in line with economic considerations and facilitates business transactions. This new rule gives courts the explicit power to terminate a...