This working paper provides an overview of the concept and practice of forensic economics by discussing four questions concerning the domain of this discipline. The first question asks whether forensic economics is a practical or academic enterprise, or both. The second one concerns the types of...

Against the background of growing discontent over excessive leniency of US and EU competition policy, this article argues that the policy displays characteristics corresponding to those that brought about the social capture of financial policy co-responsible for the late 2000s global crisis. The...

This paper seeks to find out whether and how use of incentives-related insights from economics may be helpful to a judge interpreting a semantically unclear legal rule. It is argued that, by their nature, economic insights are useful in purposive interpretation if the rationale underlying the...

Competition law accommodates two different contexts within which economics may be applied, each defined by a distinct type of cause-effect relationships. First, there are effects of competition law on business conduct (deterrence effects), embodying the fact that businesses take into account...

Lacking predictability of competition-law enforcement has its costs. This paper shows that academic analyses of what competition laws should look like do not always treat this factor adequately, paying instead excessive attention to the problem of error. Namely, some analyses completely ignore...

This essay argues that economic evaluations of optimal antitrust rules ought to fully recognize antitrust predictability as a relevant factor. It discusses the differences between the direct and indirect mechanism of preventing anticompetitive conduct, and between the roles assumed by accuracy...

Author concerns himself with the question whether it is desirable that law only promotes economic goals. Acceptance of Posner's wealth maximization principle implicitly leads also to acceptance of current distribution of wealth and income. Calabresi doubts that acceptance of the latter is...

Institut kooptace člena dozorčí rady akciové společnosti umožňuje levnější a pružnější doplňování uvolněných míst v tomto orgánu, ovšem je také spojen se snížením vlivu akcionářů na složení dozorčí rady. Kooptovat členy dozorčí rady lze pouze na místa...