2. French-German Talks in Law and Economics


Gesellschaft für Recht und Ökonomik e.V.
Saarland Sporttoto GmbH
Sparkasse Saarbrücken
Stadtverband Saarbrücken
Verein der Freunde der Universität e.V.

have provided the financial means for this conference,
which is gratefully acknowledged.



Friday, December 2nd, 2005

8.30-9.00  Registration (Lobby of the Saarbruecken Castle)
9.00-9.40  Welcome by Roland Kirstein, Local Organizer, Saarland University (Schlosskeller)

9.50-11.20 Sessions A1, B1

Session A1: Criminal Law
Chair: Roland Kirstein

Session B1: Property Rights
Chair: Dieter Schmidtchen

Justina A.V. Fischer, Univ. St. Gallen:
The impact of direct democracy on sentencing
Comment: Maja Micevska

Paul Calcott, School of Economics and Finance,
Victoria Univ. of Wellington:
Liability and manufacturer warnings.

Comment: Giuseppe Dari-Mattiacci

Roland Kirstein, Center for the Study of Law and Economics, Univ. des Saarlandes:
Bayesian Monitoring
Comment: Christoph Eichhorn

Péter Cserne, Univ. Hamburg:
Freedom of Choice and Paternalism in Contract Law: a Law and Economics Perspective
Dieter Schmidtchen

11.20-11.40 Coffee break
11.40-13.10 Sessions A2, B2

A2: European Integration
Chair: Georg v. Wangenheim

B2: Property Rights
Chair: Thomas Eger

François-Xavier Borsi, Univ. Nancy 2, and Patrice Pieretti, Univ. de Luxembourg:
Fiscal and non fiscal competition between asymetric jurisdictions and strategy of attractiveness.
Comment: Ralf Löschel

Armelle Mazé, INRA SAD-APT & ATOM, Paris: Contract law and self-enforcing contracts in agriculture : private institutions and multilateral reputation mechanisms.
Peter Welzel

Michael Kaeding, Leiden Univ.: 
In Good Times and Bad. Legal Transposition in the European Union.
Comment: Georg v. Wangenheim

Martin Schöpflin, Nieders. Fachhochhochschule für Verwaltung und Rechtspflege in Hildesheim and Univ. Marburg: Economic Aspects of the Compulsory Portion in the (German) Law of Succession
Thomas Eger

13.10-14.40 Lunch break
14.40-16.10 Sessions A3, B3

A3: Corporations
Chair:  Birgit Will

B3: Accuracy and Incompleteness
Chair: Eric Langlais

Dr. Sophie Harnay, Univ. de Reims Champagne Ardenne and Univ. Paris 1: The international convergence of corporate governance systems: a Law and Economics approach to 'global law' (french version).
Natalie Rubio and Muriel Perinno

Bruno Deffains, Marie Obidzinski, Univ. Nancy, and Tanguy van Ypersele, CREQUAM:
Litigation under Incomplete Law: The Effects of the Design of Law on Conflict Resolution
Thomas Kallenbrunnen

Dr. iur. Kristoffel Grechenig, Vienna Univ. of Economics and Business Administration: Insider trading on positive and negative information: A Thought-Experiment.
  Birgit Will

Tim Friehe, Univ. Mainz:
Damage Heterogeneity and Accuracy in
Tort Law.
Comment: Eric Langlais

16.10-16.30 Coffee break
16.30-18.00 Session A4, B4

A4: Corporations
Chair: Paul Calcott

B4: Courts
Chair: Michael Kaeding

Cecil Duncan MacRae, Singapore Management Univ.:
Unlawful Dividends, Unjust Enrichment, and the Defense of Change of Position
Comment: Silvia Elsland

Liliana Lizarazo, Univ. Ghent:
The IMF, Constitutional Court Adjudication and Regulatory Efficiency in Colombia.
Michael Kaeding

Eric Langlais, Univ. Nancy 2: Corporate Criminality:
Should we Rely on Gatekeepers’ Shortcomings to Deter Dishonest Principals?

Paul Calcott

Maja Micevska, Univ. Klagenfurt, and Arnab Hazra, Rajiv Gandhi Institute:
The Problem of Court Congestion. Evidence from Indian Lower Courts.

Liliana Lizarazo

18.20-19.00 General Assembly of the Gesellschaft für Recht und Ökonomik e.V.
20.30-22.30 Conference Dinner, Casino Gesellschaft, Bismarckstr.

Saturday, December 3rd, 2005

9.00-10.30 Sessions A5, B5

A5: Allocation Mechanisms
Chair: Roland Kirstein

B5: Efficient Rules
Chair: Hans-Bernd Schäfer

Karl-Martin Erhart, Christian Hoppe and Ralf Löschel, Univ. Karlsruhe:
Abuse of Emissions Trading Systems for
Tacit Collusion?

Tim Friehe

Jan M. Matauschek, Hamburg University:
The impact of endangered species law on the real estate development process explored with cost-benefit analysis: The case of the corncrake in Hamburg.
Armelle Mazé

Silvia Elsland and Martin Weber,
Univ. Mannheim:
When do shareholders tender?
Comment: Roland Kirstein

Bruno Deffains, Univ. Nancy, and Giuseppe Dari-Mattiacci, Univ. Amsterdam:
Uncertainty of law and the legal process.

Comment: Peter Cserne

10.30-10.50 Coffee break
10.50-12.20 Sessions A6, B6

A6: Liability
Chair: Urs Schweizer

B6: Regulation
Chair: Justina Fischer

Muriel Perinno, Univ. Aix-Marseille III and Natalie Rubio, Univ. Aix-en-Provence:
When Trademark Law Goes too Far.
The Case of Dilution

Comment: Martin Schöpflin

Kim Kaivanto, Lancaster Univ. and Paul Stoneman, Warwick Business School:
Risk Shifting, Technology Policy, and Sales Contingent Claims: When is Launch Aid to the Aerospace Industry a Subsidy?
Marie Obidzinski

Eberhard Feess, RWTH Aachen, Gerd Mülheußer, Univ. Bern, and Ansgar Wohlschlegel, RWTH Aachen:
Uncertainty over Causation: Why Negligence and Causality Standards May Be Superior to Strict Liability.
Urs Schweizer

Stefan Voigt, Univ. Kassel:
The Economic Effects of Competition Policy – Cross-Country Evidence Using Four New Indicators.

Justina Fischer

12.20-14.00 Lunch break
14.00-15.30 Sessions A7, B7

A7: Liability
Chair: Eberhard Feess

B7: Regulation
Chair: Stefan Voigt

Urs Schweizer, Univ. Bonn:
Reliance Actions, Damage Schemes and Asymmetric Information.

Ansgar Wohlschlegel

Giuseppe Dari-Mattiaci, Univ. Amsterdam, and Francesco Parisi, George Mason Univ.:
Substituting Complements.
Kim Kaivanto

Michael Faure, Univ. of Maastricht, and Hui Wang, Catholic University of Leuven:
Economic Analysis of Compensation for Oil Pollution Damage.
Eberhard Feess

Birgit Will, Center for the Study of Law and Economics, Univ. des Saarlandes: The Reform of EU Competiton Law: From Ex Ante to Ex Post Control.
Stefan Voigt

15.30 Farewell


List of Participants:

Marcus Bitterlich HTW des Saarlandes marcus.bitterlich(at)
Stephania Bonilla Univ. Hamburg stephania101(at)
François-Xavier Borsi Bureau d’Economie Théorique et Appliquée, Univ. Nancy 2 foox33(at)
Prof. Dr. Paul Calcott School of Economics and Finance, Victoria Univ. of Wellington Paul.Calcott(at)
Péter Cserne Univ. Hamburg csernep(at)
Dr. Giuseppe Dari-Mattiacci

Univ. van Amsterdam

Prof. Dr. Bruno Deffains Univ. Nancy 2 Bruno.Deffains(at)
Prof. Dr. Thomas Eger Univ. Hamburg thomas.eger(at)
Christoph Eichhorn Ludwig-Maximilians Universität, München Eichhorn(at)
Silvia Elsland Univ. Mannheim elsland(at)

Prof. Dr. Eberhard Feess RWTH Aachen feess(at)
Dr. Justina A.V. Fischer Univ. St. Gallen justina.fischer(at)
Tim Friehe Univ. Mainz friehe(at)
Dr. iur. Kristoffel Grechenig Vienna Univ. of Economics and Business Administration Kristoffel.Grechenig(at)
Dr. Sophie Harnay Univ. de Reims and LAEP, Univ. Paris 1 Sophie.Harnay(at)
Prof. James Hunt, PhD Mercer Univ. and National University of Kyiv-Mohyla Academy, Kiev Hunt_JL(at)
Michael Kaeding University of Leiden, Faculty of Social and Behavioural Sciences KAEDING(at)
Dr. Kim Kaivanto Department of Economics, Lancaster Univ. Management School k.kaivanto(at)
Thomas Kallenbrunnen Univ. des Saarlandes thomas(at)
PD Dr. Roland Kirstein Center for the Study of Law and Economics, Univ. des Saarlandes workshop(at)

Prof. Dr. Eric Langlais Univ. Nancy 2


Liliana Lizarazo Univ.Ghent lilianalizarazo(at)
Ralf Löschel Univ. Karlsruhe loeschel(at)

Prof. Cecil Duncan MacRae, JD, PhD

Lee Kong Chian School of Business, Singapore Management Univ. cdmacrae(at)
Jan Matauschek Univ. Hamburg jan.matauschek(at)
Dr. Armelle Mazé INRA SAD-APT & ATOM, Paris maze(at)
Maja Micevska, PhD Center of Development Research, Univ. Bonn m.micevska(at)
Marie Obidzinski Univ. Nancy 2 Marie.Obidzinski(at)
Christian Paul Univ.des Saarlandes paul-christian(at)
Muriel Perinno Faculté d'Economie Appliquée, Aix-Marseille III Muriel.P(at)

Dr. iur. Natalie Rubio Univ. Aix -en-Provence rubionathalie(at)
Jan-Peter Sasse Univ. Hamburg jpsasse(at)
Prof. Dr. Hans-Bernd Schaefer Univ. Hamburg


Prof Dr. Dieter Schmidtchen Center for the Study of Law and Economics, Univ. des Saarlandes csle(at)
Prof. Dr. jur. Martin Schöpflin FH für Verwaltung und Rechtspflege, Hildesheim, and Univ. Marburg schoepfl(at)
Prof. Dr. Urs Schweizer Univ. Bonn schweizer(at)
Prof. Dr. Stefan Voigt Universität Kassel voigt(at)
Katherine Walker Univ. Hamburg katherine.walker(at)

Hui Wang

Catholic University of Leuven appleandhui(at)
Prof. Dr. Georg v. Wangenheim Univ. Kassel g.wangenheim(at)

Prof. Dr. Peter Welzel Univ. Augsburg Peter.Welzel(at)WiWi.Uni-Augsburg.DE
Birgit Will Center for the Study of Law and Economics, Univ. des Saarlandes bw(at)
Ansgar Wohlschlegel RWTH Aachen Ansgar.Wohlschlegel(at)

Tammy de Wright

Univ. Hamburg



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