Naturwissenschaftliche Fragen rund um den Klimawandel sind von Naturwissenschaftlern zu beantworten. Ökonomen und Wirtschaftsethiker können jedoch dazu beitragen, den Klimawandel und mögliche Gegenmaßnahmen zu bewerten. Dabei ist ein einheitlicher Preis für die Emission von Treibhausgasen...

The need for transition to indefinitely sustainable macro economic production functions and the attendant required evolution of modern portfolio theory are discussed. A new, 'next economy' methodology is proposed to practically apply modern realities to portfolios in meaningful ways. Existing...

This paper analyses lawyer's choices of law in international sales contracts. It identifies key reasons for opting in or out of the CISG across different jurisdictions. The paper then examines aspects of this choice from economic and psychological perspectives: from the ability to externalize...

Selfish utilitarianism, neo-classical economics, the directive of short-term income maximization, and the decision tool of cost-benefit analysis fail to protect our species from the significant risks of too much consumption, pollution, or population. For a longer-term survival, humanity needs to...

This Article draws lessons about the theory of law and economics from the recent financial crisis. It argues that the financial crisis teaches us that allocative efficiency, the main goal of law and microeconomics, proves an unattainable and relatively unimportant goal for laws addressing...

This Article draws lessons about the theory of law and economics from the recent financial crisis. It argues that the financial crisis teaches us that allocative efficiency, the main goal of law and microeconomics, proves an unattainable and relatively unimportant goal for laws addressing...

Naturwissenschaftliche Fragen rund um den Klimawandel sind von Naturwissenschaftlern zu beantworten. Ökonomen und Wirtschaftsethiker können jedoch dazu beitragen, den Klimawandel und mögliche Gegenmaßnahmen zu bewerten. Dabei ist ein einheitlicher Preis für die Emission von Treibhausgasen...

This is an early portion of a forthcoming work of practical moral philosophy, one arguing that humanity, as a species, should want to survive. This particular piece argues that neo-classical economics places an emphasis on short-term gain over precaution and in doing so places lives of...

Why do lawyers in some jurisdictions continue to ‘automatically’ exclude the 1980 UN Convention on Contracts for the International Sale of Goods (CISG) in their choices of law for international sales contracts? Why do lawyers in other jurisdictions approach the decision very differently? Why...

Why is tort law much more developed than unjust enrichment law? Is there a reason for the very different legal treatment of governmental takings and governmental givings? Why are contract remedies structured around the four ‘interests’ and why is the disgorgement interest only marginally...