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The key economic issues in implementing the law of unilateral mistake are twofold. First, it should avoid misallocation of resources; second, it ought to create a sufficient incentive for acquisition of information. However, the rule of unilateral mistake in English contract law does not serve...
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Efficiency is a vital normative criterion used for economic analysis of law; however, there is no unanimity of opinion among scholars of law and economics on the definition of efficiency. This paper intends to clarify this confusion by critically reviewing three different definitions of...
Persistent link: https://www.econbiz.de/10012734928
Intentional misrepresentation (IM) or fraudulent misrepresentation in this paper is defined as a type of behaviours that one contracting party (representor) intentionally presents untrue information to another party (representee) for inducing the latter to contract with him. Why are IMs socially...
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The law-and-economics movement has made a huge impact on the scholarship of contract law in the US. But compared to their US counterparts, English legal scholars are less enthusiastic about adopting the economic approach in their research. Existing studies have rarely, from an economic...
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A dynamic bidirectional coupled model for watershed environment (E-DBCM), consisting of upland watershed module (UWSM) and 2D downstream waterbody module (DWBM), was developed. The computational domain was divided into upland watershed and downstream waterbody according to the water depth. The...
Persistent link: https://www.econbiz.de/10013297375
In this study, high-rate mixotrophic denitrification was realized under natural aerobic conditions via introducing PHBV and controlling the pyrite sizes. Results showed that optimal pyrite size was 30 mesh (0.45 mm) with removal efficiency of nitrogen and phosphorus of 96% and 25%, respectively....
Persistent link: https://www.econbiz.de/10013300084
Urban greenspace plays a positive role in improving the urban living environment, and thus extensive studies have paid attention to the mapping of urban greenspace for various applications. Recently, open and high-resolution land-cover (LC) data have been viewed as essential sources for urban...
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