Eilschiedsrichterverfahren in der Investitionsschiedsgerichtsbarkeit aus rechtlicher und ökonomischer Perspektive

2021 ◽  
Author(s):  
Anja Carola Götze

The introduction of the emergency arbitrator fills the procedural gap which existed in terms of interim relief prior to the formation of the arbitral tribunal. This special interim relief is a novelty in investment arbitration proceedings. This book examines the role of the emergency arbitrator and discusses the related legal problems based on previous investor-state arbitration proceedings involving emergency arbitrators. The author develops the proposed solutions on the basis of the methods of the economic analysis of law. This method illustrates the dynamic conflicts of interest in investment matters and offers strategies to improve the effectiveness of the emergency arbitrator.

Global Jurist ◽  
2019 ◽  
Vol 19 (3) ◽  
Author(s):  
Guido Calabresi

Abstract This is the first chapter of The Future of Law and Economics: Essays in Reform and Recollection by Guido Calabresi, first published by Yale University Press in 2016.


Author(s):  
Florian Faust

This chapter discusses the relationship between comparative law and economic analysis of law. After providing an overview of the characteristics of the economic analysis of law, it explains how one of the two disciplines can operate as an ancillary discipline to the other; this has been termed ‘Comparative Law and Economics’. The next section describes how comparative law and economic analysis of law can be brought together by making one discipline the subject matter of the other. It suggests that the role of economic analysis of law may be greater in case law systems than in codified systems and that this role may vary according to the subject of legislation. The section concludes with considerations on the role comparative law plays and should play in different contexts. Finally, it is argued that comparative law and economics should not be considered a discipline on its own.


2014 ◽  
Vol 59 (1) ◽  
pp. 101
Author(s):  
Julio Cesar De Aguiar ◽  
Leandro Oliveira Gobbo

Trata-se de um estudo do significado da função social do contrato, assim entendido como a determinação da extensão da intervenção estatal em contratos privados, bem como o objetivo do próprio direito dos contratos. O estudo propõe que existem apenas duas possíveis definições da função social do contrato; uma econômica, de geração de cooperação, e outra política, de distribuição. Sugere ainda que a distinção é relevante na medida em que serve para identificar a maneira mais eficiente para que a lei alcance os objetivos buscados, sejam eles distributivos ou de cooperação. PALAVRAS-CHAVEAnálise econômica do direito. Direito dos contratos. Função social do contrato.  ABSTRACTThis is a study of the meaning of the social role of the contract, understood as determining the extent of the state intervention in private contracts, as well as the goal of contract law itself. The study suggests that there are only two possible definitions of the social objective of the contract; one economic, to generate cooperation, and the other political, related to distribution. It also suggests that the distinction is relevant in that it serves to identify how the law can, more efficiently, reach the goals it seeks, whether they are distributive or cooperative. KEYWORDSContract law. Economic analysis of law. Social role of contracts.


Teisė ◽  
2012 ◽  
Vol 83 ◽  
pp. 220-233
Author(s):  
Donatas Murauskas

Straipsnyje yra pateikiamos Lietuvoje plačiai neanalizuotos ekonominės teisės analizės paradigmos ištakos ir pirmieji žingsniai. Konstatuojamas lemiamas utilitarizmo vaidmuo besiformuojančiai paradigmai. Pateikiamos ekonominei teisės analizei susiformuoti aktualios teisės mąstytojų įžvalgos. Taip pat analizuojami svarbesni paradigmos susikūrimo žingsniai nuo nesėkmingo pirmojo etapo XIX a. – XX a. pr. iki revoliucinių darbų XX a. vid., kai Čikagos teisės mokykloje aktyvūs ginčai dėl konkurencijos teisės turinio tapo atskaitos tašku ekonominiu mąstymu pagrįstoms idėjoms iš konkurencijos teisės plisti ir į kitas teisės sritis. The article provides insights on origins and first steps of the foundation of Economic Analysis of Law – paradigm which has not been observed sufficiently in Lithuanian legal doctrine. Crucial role of utiliarianism in the emerging paradigm is stated. Other fundamental ideas towards relation between law and economics of classic scholars are provided. More important steps of the foundation of the paradigm are discussed: from the failure of institutionalism movement (first period from nineteenth century to the twentieth century) to the revolutionary works of Chicago Law School and other scholars of a second wave (twentieth century).


Author(s):  
Prince Saprai

In recent times, the philosophy of contract law has been dominated by the ‘promise theory’, according to which the morality of promise provides a ‘blueprint’ for the structure, shape, and content that contract law rules and doctrines should take. The promise theory is an example of what this book calls a ‘foundationalist’ theory of an area of law, according to which areas of law reflect or are underlain by particular moral principles or sets of such principles. The book argues that the promise theory is false, by considering contract law from the point of view of its theory, rules, and doctrines and broader political context. The book claims that ‘top-down’ theories of contract law such as the promise theory and its bitter rival the economic analysis of law seriously mishandle legal doctrine by ignoring or underplaying the irreducible plurality of values that shape contract law. The book defends the role of this multiplicity of values in forging contract doctrine, by developing from the ‘ground-up’ a radical and distinctly republican reinterpretation of the field.


2019 ◽  
Vol 22 (1) ◽  
pp. 97-109
Author(s):  
Meta Ahtik ◽  
Ozren Pilipovic ◽  
Miran Marelja

Purpose This paper aims to focus on the role of reporting entities, e.g. banks, other financial institutions, legal professionals, in the prevention of criminal offenses connected with money laundering in Croatia and Slovenia. Design/methodology/approach The methodology of the economic analysis of law is used to analyze the effectiveness of laws in Croatia and Slovenia regarding the definition and the role of reporting entities in money laundering prevention in these two countries. A comparative approach is also used as the authors compare the effectiveness of Slovenian and Croatian legal systems and their compatibility with EC Directive (2015/849). Findings The authors find that banks have long clinged to the guaranteed confidentiality of deposits, which means that money laundering has undoubtedly brought them some benefits in the short term. The prevention of money laundering for banks is not free. The measures imposed on the bank by legislation (encouraging these banks to a higher level of demand for preventive behavior) entail costs that go beyond the direct, visible benefits of the implemented measures. However, a functioning and stable financial system has a number of externalities, of course, which are also enjoyed by banks. Originality/value The paper focuses on economic analysis of Croatian and Slovenian legal systems with regards of the regulation of role of reporting entities in the prevention of money laundering which produce certain costs and benefits for the financial system and reporting entities as whole. The paper also uses the comparative approach to address the problem of compatibility of Croatian and Slovenian legal system with the EC Directive (2015/849).


2020 ◽  
Vol 26 (2) ◽  
pp. 145-149
Author(s):  
Aurelia Teodora Drăghici

SummaryTheme conflicts of interest is one of the major reasons for concern local government, regional and central administrative and criminal legal implications aiming to uphold the integrity and decisions objectively. Also, most obviously, conflicts of interest occur at the national level where political stakes are usually highest, one of the determining factors of this segment being the changing role of the state itself, which creates opportunities for individual gain through its transformations.


Author(s):  
С.В. Шевченко ◽  
С.В. Лаврентьева

В свете коммуникативных особенностей медико-генетической консультации рассматривается два типа этико-правовых проблем, касающихся автономии пациента. Показана роль первичной консультации в их решении. In this paper we considered two types of ethical and legal problems regarding patient autonomy in perspective of the communicative features of the medical genetics. Also, this paper shows the role of the primary consultation in solution of this problems.


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