Program

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Thursday, September 19, 2002

11.00-13.00 Registration [Kondou Hall]

13.00-14.00 Opening Ceremony [Great Hall]

Welcoming addresses by:

14.00-15.30 Parallel Session 1

Panel 1A [Great Hall]

Social Norms (Chairperson: Thomas Ulen)

• Amir N. Licht, Chanan Goldschmidt & Shalom H. Schwartz, Culture Rules: The Foundations of the Rule of Law and other Norms of Governance

Discussant: Henrik Lando

• Luis Villanueva, Gender Mismatch, Social Norms, and the Law and Economics of Women's Equity and Protection Policies in Labor: The Mexican Case

Discussant: Annabelle Stella-Caumel

Panel 1B [Propylaea Hall]

Financing Innovation (Chairperson: Nikos Vettas)

• John Armour, Financing Innovation: The Role of Bankruptcy Law

Discussant: Wolfgang Weigel

• Jochen Bigus, Staging of Venture Financing, Moral Hazard, and Patent Law

Discussant: John Huntley

Panel 1C [Faculty & Department Meeting Hall]

Family Law (Chairperson: Nicos Alivizatos)

• Antony W. Dnes, Insurance and the Division of Marital Assets

Discussant: Nuno Garoupa

• Christina Müller, An Economic Analysis of Same-Sex Marriage

Discussant: Roberto Pardolesi

15.30-16.00 Coffee Break [Atrium]

16.00-17.30 Parallel Session 2

Panel 2A [Great Hall]

Transaction Costs (Chairperson: George Bitros)

• Andreas Papandreou, Transaction Cost and Pareto Optimality

• C. Steven Bradford, The Cost of Regulatory Exemptions

Discussant: Carole Billiet

Panel 2B [Propylaea Hall]

Corporate Governance (Chairperson: Nickolaos Travlos)

• Carine Sonntag, Uninformed Investors Harm from Insider Trading

Discussant: Laura Onofri

• Steen Thomsen & Caspar Rose, Do Companies Need Owners? Foundation Ownership and Economic Performance

Discussant: Claus Ott

Panel 2C [Faculty & Department Meeting Hall]

Institutional Determinants of Economic Growth I (Chairperson: Jürgen Backhaus)

• Steve Pejovich, Understanding the Transaction Costs of Transition: Its the Culture, Stupid

Discussant: Stefan Voigt

• Mechthild Schrooten & Hella Engerer, Institutions, Financial Systems and Transition

Discussant: Christos Hadjiemmanuil

18.00 Reception [Atrium]

Friday, September 20, 2002

9.00-10.30 Parallel Session 3

Panel 3A [Great Hall]

Labor Law (Chairperson: Phoebus Christodoulou)

• Martin Schneider, Judicial Lawmaking in a Civil Law System: Evidence from German Labor Courts of Appeal

• Thomas Eger, An Economic Analysis of Legal Protection Against Dismissal in Germany and the USA

• John Ruser, Michael Pergamit & Parvati Krishnamurty, Workers' Compensation "Reforms" and Benefit Claiming

Panel 3B [Propylaea Hall]

Regulatory Competition and Enforcement (Chairperson: GÆran Skogh)

• Oren Bar-Gill, Michal Barzuza & Lucian A. Bebchuk, The Market for Corporate Law

• Ségolène Barbou des Places & Bruno Deffains, Cooperation in the Shadow of Regulatory Competition: The Example of Asylum Legislation

• Laurent Franckx, Reputation Effects in Regulatory Enforcement

Panel 3C [Faculty & Department Meeting Hall]

Litigation and Alternative Dispute Resolution (Chairperson: Wolfgang Weigel)

• Neil Rickman & Dionisia Tzavara, Optimal Pricing of Court Services

• Nathalie Chappe, Edwige Helmer & Catherine Mougel, An Experimental Study of the Choice Between Arbitration and Negotiation

• Ben Depoorter, Vincy Fon & Francesco Parisi, Selection of Legal Disputes and the Expansion of Tort Liability

10.30-11.00 Coffee Break [Atrium]

11.00-12.30 Parallel Session 4

Panel 4A [Great Hall]

Torts and Liability I (Chairperson: Stefanos Matthias)

• Alon Harel & Assaf Jacob, An Economic Rationale for the Legal Treatment of Omissions in Tort Law: The Principle of Salience

• Giuseppe Dari Mattiacci & Francesco Parisi, The Cost of Delegated Control: Vicarious Liability, Secondary Liability and Mandatory Insurance

• Fernando Gomez & Juan-Jose Ganuza, Caution, Children Crossing: Heterogeneity of Victims Costs of Care and the Negligence Rule

Panel 4B [Propylaea Hall]

Judicial Behavior (Chairperson: Claus Ott)

• Sophie Harnay & Alain Marciano, Adherence to the Precedent Versus Legal Innovation: The Economics of the Judicial Supply of Compatible Decisions

• Georg von Wangenheim, Should Non-Expert Courts Control Expert Administrations?

• George Tridimas & Takis Tridimas, National Courts and the European Court of Justice: A Public Choice Analysis of the Preliminary Reference Procedure

Panel 4C [Faculty & Department Meeting Hall]

Crime and Law Enforcement (Chairperson: Tryphon Kollintzas)

• Peter-Jan Engelen, Criminal Behavior: A Real Option Approach. With an Application to Restricting Illegal Insider Trading

• Erling Eide, Tax Evasion with Rank Dependent Expected Utility

• Henrik Lando & Steven Shavell, The Advantage of Focusing Law Enforcement Effort

12.30-14.00 Lunch [Atrium]

14.00-15.30 Parallel Session 5

Panel 5A [Great Hall]

Intellectual Property (Chairperson: Lambros Kotsiris)

• Vincenzo Denicolò & Luigi Alberto Franzoni, Patents, Secrets, and the First Inventor Defense

Discussant: Frank Stephen

• Birgit Will & Roland Kirstein, Efficient Compensation for Employees' Inventions. An Economic Analysis of a Legal Reform in Germany

Discussant: Fernando Gomez

Panel 5B [Propylaea Hall]

Normative Law & Economics (Chairperson: Stavros A. Drakopoulos)

• Howard F. Chang, Non-Welfarist Paretian: Methods of Policy Assessment

Discussant: Thomas Ulen

• Nicholas L. Georgakopoulos, Solutions to the Intractability of Distributional Concerns

Discussant: Jörgen Backhaus

Panel 5C [Faculty & Department Meeting Hall]

Cyberspace Law (Chairperson: Nikolaos Intzessiloglou)

• Emilios Avgouleas, "The Political Economy of European Financial Markets Regulation and the Advent of E-commerce"

Discussant: Ben Depoorter

• Dotan Oliar, Copyright Duration and Scope: Applications for the Internet

Discussant: Assaf Jacob

15.30-16.00 Coffee Break [Atrium]

16.00-17.30 Parallel Session 6

Panel 6A [Great Hall]

Challenges to Rational Choice (Chairperson: Petros Gemtos)

• Elisabeth Krecké, Economic Analysis and Legal Pragmatism

Discussant: Dotan Oliar

• Andreas Kyriacou, Rationality, Ethnicity and Institutions: A Survey of Issues and Results

Discussant: George Pagoulatos

Panel 6B [Propylaea Hall]

Institutional Determinants of Economic Growth II (Chairperson: Epaminondas Spiliotopoulos)

• Hans-Bernd Schäfer, Precise Legal Norms as a Substitute for Human Capital

Discussant: Steen Thomsen

• Ines Lindner & Holger Strulik, Property Rights and Growth

Discussant: Kecheng Li

Panel 6C [Faculty & Department Meeting Hall]

Environmental Law (Chairperson: Desa Mlikotin-Tomic)

• Alessandra Arcuri, A Different Reason for "De-Coasing" Environmental Law and Economics

Discussant: GÆran Skogh

• Marcel Boyer & Donatella Porrini, Modeling the Choice Between Regulation and Liability in Terms of Social Welfare

Discussant: Marc Deschamps

18.00-19.00 Invited lecture by Judge Richard A. Posner

Formal versus Substantive Economic Theories of Law

Judge Posner will be introduced by the President of EALE, Prof. Gerrit De Geest

19.30 Conference Dinner [Atrium]

Saturday, September 21, 2002

9.00-10.30 Parallel Session 7

Panel 7A [Ioannis Drakopoulos Amphitheater]

Property Rights (Chairperson: George Mergos)

• Nicholas C. Kyriazis & Michel S. Zouboulakis, Private Law for Public Benefit: Property Rights Arrangements in Elizabethan England

• Benito Arruñada & Nuno Garoupa, The Effect of Titling Systems on the Enforcement of Property Rights in Land

• Clotilde Champeyrache, The Neutrality of Law in Property Rights Theory: From (Explicit) Necessary to (Implicit) Sufficient Conditions

Panel 7B [Propylaea Hall]

Preferences and Choices (Chairperson: Phaedon Kozyris)

• Peter Lewisch, A Theory of Identification

• Michael B. Dorff, On Manipulating Preferences and Measuring Social Welfare

• Klaas J. Beniers, Robert A.J. Dur & Otto H. Swank, Sequential Advocacy

Panel 7C [Faculty & Department Meeting Hall]

Economics of Politics (Chairperson: Dimitris Dimitrakos)

• Francisco Cabrillo & Rocío Albert, Greshams Law in Politics: Why Arent Politicians the Most Remarkable Men for Probity and Punctuality?

• Anne van Aaken, Eli Salzberger & Stefan Voigt, Criminal Prosecution of Public Figures: Confusion within the Executive Branch

• George Psacharopoulos, The Social Cost of an Outdated Law: Article 16 of the Greek Constitution

10.30-11.00 Coffee Break [Atrium]

11.00-12.30 Parallel Session 8

Panel 8A [Ioannis Drakopoulos Amphitheater]

Torts and Liability II (Chairperson: Michael P. Stathopoulos)

• Louis Visscher & Heico Kerkmeester, The Proposal of the European Commission for a Fifth Motor Insurance Directive: A Comment

• Ram Singh, Efficient "Simple" Liability Rules: When Courts Make Erroneous Estimation of the Damage and Individuals Are Imperfectly Informed

• Paul Fenn, Alastair Gray, Neil Rickman & Robert Young, Deterrence and Liability for Medical Negligence: Theory and Evidence

Panel 8B [Propylaea Hall]

Contracts (Chairperson: Konstantinos D. Kerameus)

• Fabrizio Cafaggi & Antonio Nicita, Market Forms and Contract Law"

• Tina Heubeck & Jochen Scheuer, Incentive Contracts in Team Sports - Theory and Practice

• Gerd Muehlheusser, Regulating Damage Clauses in Labor Contracts

Panel 8C [Faculty & Department Meeting Hall]

Criminal Procedure (Chairperson: C.D. Spinellis)

• Keith N. Hylton & Vikramaditya S. Khanna, Toward an Economic Theory of Pro-Defendant Criminal Procedure

• Oren Gazal, Court's Rejection of Plea: Agreement as a Tool to Protect the Innocent

• Frank H. Stephen, Plea Bargaining, Criminal Procedure and the Public Funding of Criminal Defence

12.30-14.00 Lunch [Atrium]

Meeting of EALEs Steering Committee [Faculty & Department Meeting Hall]

14.00-15.30 EALE Members Meeting

Farewell Addresses

[Great Hall]

16.00 Excursion to Sounion

Meeting Point: Hotel Divani Caravel