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Persistent link: https://www.econbiz.de/10005765161
The Condorcet Jury Theorem is derived from the implicit assumption that jury members only commit one type of error. If the probability of this error is smaller than 0.5, then group decisions are better than those of individual members. In binary decision situations, however, two types of error...
Persistent link: https://www.econbiz.de/10008552453
In this paper we consider the role of lawmakers as norm entrepreneurs. Drawing from expressive law theories and social response theories, we shed light on the role of law in shaping social values and norms, and on the ability of the law to produce social norms where they did not exist before....
Persistent link: https://www.econbiz.de/10005458906
Law and the State provides a political economy analysis of the legal functioning of a democratic state, illustrating how it builds on informational and legal constraints. It explains, in an organised and thematic fashion, how competitive information enhances democracy while strategic information...
Persistent link: https://www.econbiz.de/10011169205
That institutions matter is widely accepted among economists and so are social norms as an important category of informal institutions. Social norms matter in many economic situations, but in particular for markets. The economic literature has studied the interrelation between markets and social...
Persistent link: https://www.econbiz.de/10010897832
This thorough and detailed book provides a comprehensive analysis of the various ways in which laws and rules are produced and lays the foundations for a systematic understanding of lawmaking as a production process.
Persistent link: https://www.econbiz.de/10011175191
This thorough and detailed book provides a comprehensive analysis of the various ways in which laws and rules are produced and lays the foundations for a systematic understanding of lawmaking as a production process.
Persistent link: https://www.econbiz.de/10011176897
no abstract available.
Persistent link: https://www.econbiz.de/10005764414
Wer zehn Jahre nach der Umsetzung der europäischen Richtlinie über missbräuchliche Klauseln in Verbraucherverträgen (93/13/EWG) in das deutsche Recht durch die Änderung des AGB-Gesetzes von 1996 über die unterschiedlichen Grundlagen des deutschen AGB-Rechts und der europäischen...
Persistent link: https://www.econbiz.de/10005579586
License procedures are a common way of enforcing regulation of activities whose effects on social welfare depend on the specificities of the single case. Building permits may serve as an example, but many other licensing procedures follow the same structure. In particular in Germany, the long...
Persistent link: https://www.econbiz.de/10005579598