Article 16 of the EBA Founding Regulation enables the EBA to issue guidelines and recommendations, while Articles 8 (1) (aa) and (ab) and 29 (2) of that Regulation enable it to develop a handbook for supervision and resolution. The European Court of Justice (ECJ or Court, hereinafter), in its...

How do mechanisms that enforce cooperation emerge in a society where none are available and agents are endowed with just raw power that allows a more powerful agent to expropriate a less powerful one? We study a model where expropriation is costly and agents can choose whether to engage in...

This paper has two main purposes. Firstly, to provide information about the obstacles faced by Brazilian Labor Justice in making its decisions really effective. Secondly, to offer data which may help to estimate the amount of money involved in no-complied decisions. Regarding this, the paper...

CPNU was a public contest, organized by Enamat/TST, to select candidates for substitute judge, which is the entry position into the career of the labour magistracy. From the perspective of the candidates, the CPNU demanded an extensive and profound load of knowledge, of a legal and extra-legal...

Digitalization is a reality that governs more and more both the society and the economy, facilitating new and more efficient ways of setting up business and business collaborations. Rational agreement routines and well thought through contracts help organizations to avoid legal disputes and thus...

Spontaneous norms, or simply norms, can be defined as rules of conduct that emerge without intentional design and in the absence of purposeful external coordination. While the law and economics scholarship has formally analyzed spontaneous norms, the analysis has typically been limited to...

Der Beitrag geht dem Verhältnis von Zielen und Collective Agency im politischen Handeln nach. Dabei wird die These entwickelt, dass das unmittelbare Erfahren und Gestalten von gemeinsamen Handlungsverhältnissen die Zielorientierung in der Politik nicht ersetzen kann, sondern als eine wichtige...

Wer offene Lösungen einsetzen möchte, sieht sich einer Reihe von Fragen und Herausforderungen gegenüber. Nicht nur technische Aspekte, sondern vor allem zwischenmenschliche Faktoren und passende Regelungen sind dabei zu berücksichtigen. Das richtige "Mindset" spielt eine zentrale Rolle. Mit...

The aim of this paper is to determine which country-specific characteristics promote and which impede the adoption of institutions. On the basis of a broad panel of 183 countries for the period between 1996 and 2010, we test whether there are tendencies towards a general improvement and towards...