Showing 1 - 10 of 12,033
In 1992, Congress passed the Professional and Amateur Sports Protection Act (PASPA), a statute designed to prevent the further spread of state-sponsored sports-wagering. The statute’s language has the effect of granting a property right to sports leagues, implicating the Constitution’s...
Persistent link: https://www.econbiz.de/10014141955
The last 30 years in the history of international investment law witnessed the emergence of investor-state dispute settlement (ISDS) as the definitive method for the resolution of investment disputes, and the expanding role of the investor in the same. Investment dispute settlement has become...
Persistent link: https://www.econbiz.de/10012853977
While most countries have harmonized intellectual property rights (IPR) legislation, the dispute about the optimal level of IPR-enforcement remains. This paper develops an endogenous growth framework with two open economies satisfying the classical North-South assumptions to study (a)...
Persistent link: https://www.econbiz.de/10009312504
While most countries have harmonized intellectual property rights (IPR) legislation, the dispute about the optimal level of IPR-enforcement remains. This paper develops an endogenous growth framework with two open economies satisfying the classical North-South assumptions to study (a)...
Persistent link: https://www.econbiz.de/10009244152
An innovative firm chooses strategically whether to patent its process innovation or rely on secrecy. By doing so, the firm manages its rival’s beliefs about the size of the innovation, and affects the incentives in the product market. Different measures of competitive pressure in the product...
Persistent link: https://www.econbiz.de/10014046635
Existence of asymmetric information and lack of collateral in informal financial markets creates a suboptimal … joint liability contract or group based - generating a trust game between borrowers, controls for information asymmetries …. MC programs based on group lending under joint liability, dynamic lending and with social cost for defaulting contracts …
Persistent link: https://www.econbiz.de/10013153229
As scientists are motivated by readership rather than by royalties, one might doubt that academic copyright is required for protecting the authors' property rights and for stimulating research. Consequently, the possibility of moving to an open access regime by abolishing academic copyright is...
Persistent link: https://www.econbiz.de/10014184420
(i) Council Regulation (EC) 1346/2000 on insolvency proceedings (‘EU Insolvency Regulation’) was based on the model of modified universalism, but its current practice militates towards pure universalism. (ii) Universalism coupled with the policy of ensuring the proper functioning of the EU...
Persistent link: https://www.econbiz.de/10014207744
This paper examines the phenomenon of management-initiated, court-supervised reorganization of companies in U.S. bankruptcy court. The proposed in-court persuasion mechanism reconciles excessive reorganizations of non-viable companies (and subsequent repeat failures) with management-initiated...
Persistent link: https://www.econbiz.de/10011779720
Persistent link: https://www.econbiz.de/10012834852