The 2. French-German Talks in Law and Economics, Saarbuecken, December 2005

The

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 behavior. 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 Comment: 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. Comment: 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 Comment: 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). Comment: 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 Comment: Thomas Kallenbrunnen
Dr. iur. Kristoffel Grechenig, Vienna Univ. of Economics and Business Administration: Insider trading on positive and negative information: A Thought-Experiment. Comment: 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. Comment: Michael Kaeding
Eric Langlais, Univ. Nancy 2: Corporate Criminality: Should we Rely on Gatekeepers’ Shortcomings to Deter Dishonest Principals? Comment: Paul Calcott	Maja Micevska, Univ. Klagenfurt, and Arnab Hazra, Rajiv Gandhi Institute: The Problem of Court Congestion. Evidence from Indian Lower Courts. Comment: 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? Comment: 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. Comment: 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? Comment: 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. Comment: Urs Schweizer	Stefan Voigt, Univ. Kassel: The Economic Effects of Competition Policy – Cross-Country Evidence Using Four New Indicators. Comment: 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. Comment: Ansgar Wohlschlegel	Giuseppe Dari-Mattiaci, Univ. Amsterdam, and Francesco Parisi, George Mason Univ.: Substituting Complements. Comment: Kim Kaivanto
Michael Faure, Univ. of Maastricht, and Hui Wang, Catholic University of Leuven: Economic Analysis of Compensation for Oil Pollution Damage. Comment: 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. Comment: Stefan Voigt

15.30 Farewell

List of Participants:

Marcus Bitterlich	HTW des Saarlandes	marcus.bitterlich(at)web.de
Stephania Bonilla	Univ. Hamburg	stephania101(at)hotmail.com
François-Xavier Borsi	Bureau d’Economie Théorique et Appliquée, Univ. Nancy 2	foox33(at)wanadoo.fr
Prof. Dr. Paul Calcott	School of Economics and Finance, Victoria Univ. of Wellington	Paul.Calcott(at)vuw.ac.nz
Péter Cserne	Univ. Hamburg	csernep(at)yahoo.com
Dr. Giuseppe Dari-Mattiacci	Univ. van Amsterdam	g.darimattiacci(at)uva.nl
Prof. Dr. Bruno Deffains	Univ. Nancy 2	Bruno.Deffains(at)univ-nancy2.fr
Prof. Dr. Thomas Eger	Univ. Hamburg	thomas.eger(at)uni-hamburg.de
Christoph Eichhorn	Ludwig-Maximilians Universität, München	Eichhorn(at)lmu.de
Silvia Elsland	Univ. Mannheim	elsland(at)bank.bwl.uni-mannheim.de

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

Prof. Dr. Eric Langlais	Univ. Nancy 2	elanglai(at)univ-nancy2.fr
Liliana Lizarazo	Univ.Ghent	lilianalizarazo(at)skynet.be
Ralf Löschel	Univ. Karlsruhe	loeschel(at)wiwi.uni-karlsruhe.de
Prof. Cecil Duncan MacRae, JD, PhD	Lee Kong Chian School of Business, Singapore Management Univ.	cdmacrae(at)smu.edu.sg
Jan Matauschek	Univ. Hamburg	jan.matauschek(at)uni-hamburg.de
Dr. Armelle Mazé	INRA SAD-APT & ATOM, Paris	maze(at)inapg.inra.fr
Maja Micevska, PhD	Center of Development Research, Univ. Bonn	m.micevska(at)uni-bonn.de
Marie Obidzinski	Univ. Nancy 2	Marie.Obidzinski(at)univ-nancy2.fr
Christian Paul	Univ.des Saarlandes	paul-christian(at)gmx.de
Muriel Perinno	Faculté d'Economie Appliquée, Aix-Marseille III	Muriel.P(at)netcourrier.com

Dr. iur. Natalie Rubio	Univ. Aix -en-Provence	rubionathalie(at)hotmail.com
Jan-Peter Sasse	Univ. Hamburg	jpsasse(at)gmx.de
Prof. Dr. Hans-Bernd Schaefer	Univ. Hamburg	schaefer(at)uni-hamburg.de
Prof Dr. Dieter Schmidtchen	Center for the Study of Law and Economics, Univ. des Saarlandes	csle(at)rz.uni-sb.de
Prof. Dr. jur. Martin Schöpflin	FH für Verwaltung und Rechtspflege, Hildesheim, and Univ. Marburg	schoepfl(at)staff.uni-marburg.de
Prof. Dr. Urs Schweizer	Univ. Bonn	schweizer(at)uni-bonn.de
Prof. Dr. Stefan Voigt	Universität Kassel	voigt(at)wirtschaft.uni-kassel.de
Katherine Walker	Univ. Hamburg	katherine.walker(at)uni-hamburg.de
Hui Wang	Catholic University of Leuven	appleandhui(at)yahoo.com
Prof. Dr. Georg v. Wangenheim	Univ. Kassel	g.wangenheim(at)uni-kassel.de

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)birgitwill.de
Ansgar Wohlschlegel	RWTH Aachen	Ansgar.Wohlschlegel(at)rwth-aachen.de
Tammy de Wright	Univ. Hamburg	tammydewright(at)yahoo.com.au

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The 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.