A university system has both efficiency and equity objectives. Efficiency requires the adoption of a tuition fee system that maximizes net social benefits. These benefits take two main forms: production benefits and a more diffuse range of benefits to society in general. The equity objective...

Taking the fundamental and comprehensive reform of EU competition policy which embodies a shift from a formalistic regulatory approach towards a more economic approach as a point of departure, this article argues that it is time for antitrust policy to move beyond structural understandings of...

This paper (1) investigates Hayek's proposition that law in the sense of universal rules of conduct and property are the only solution to the problem of reconciling indi-vidual freedom with the absence of conflict. It (2) argues that the test of the compatibility with the inherited body of law...

In diesem Beitrag wird gezeigt, daß der Einwand, Straftäter würden in der ökonomischen konsequentialistischen Straftheorie in einer gegen die Menschenwürde verstoßenden Weise instrumentalisiert, nicht zutrifft. Entgegen Kant wird argumentiert, daß vernunftbegabte Wesen wie etwa der homo...

Der Beitrag befaßt sich mit der Frage, inwieweit dem Strafrecht ein Eigengewicht im staatlichen Sanktionensystem zukommt. Im Kern geht es dabei um die wechselseitige Beziehung zwischen Strafrecht und Zivilrecht, die paradigmatisch durch die Stichworte "Strafe und Schadenersatz" oder...

In various European legal acts the Council has delegated power to the Commission to set common policy, conditional on specific procedural requirements, which are commonly known as "comitology". In this paper we analyse whether and how far these implementation procedures help to overcome a...

The paper demonstrates the economic consequences of a new EU directive that introduces resale rights in all member states. The lifetime income of young, unknwon artists is likely to shrink, despite the intention of the EU to increase their income. Even if the lifetime income were increasing, the...