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The problem of optimal allocation of property rights di§ers from the classical economic problem of optimal allocation of goods in an important way: while property rights may ináuence economic alloca...
In this article, we argue that aggregate litigation and the court system can not only restore the protection of victims and the production of deterrence, but also play a pivotal role in stimulating re...
Energy Efficiency and the Law     Energy Efficiency  the Law       2010/12/16
Energy efficiency may be the most substantial and most rapid contributor in making the transition to a new energy future, and requires us to consider the demand side as well as how to produce more on ...
Since the late 1980s we have been witnessing a movement towards reform of the judicial system on a global scale. Recently, the justice administration management reforms became one of the main investme...
The notion that an "invisible hand" operates to enhance "the wealth of nations" suggests that, over time, judicially-produced rules progress toward efficiency as a byproduct of biases governing the se...
In this paper I will focus o­n the main economic and legal issues which stem from the adoption of the new Merger Regulation (139/2004) by the European Commission. In particular, I will consider th...

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