It is striking that economists in particular firmly believe in the benefits of rule-binding, even though this belief runs counter to the standard assumption of economic theory that we humans are self-interested and therefore extremely resourceful when it comes to circumventing inconvenient government regulations, e.g. taxes. In Public Choice Theory, politicians are even assumed to have nothing but ...
We analyze clients’ contract choices in auctions where Dutch law firms compete for standard cases such as labor disputes for individuals and collecting debts for businesses. In the auctions, lawyers can submit bids with any fee arrangement they prefer, including an hourly rate, a fixed fee, and a ‘mixed fee’: a time-capped fixed fee plus an hourly rate for any additional hours should the case take ...
Tomaso Duso erklärt, was wirtschaftlicher Wettbewerb eigentlich ist, was die Vorteile von Wettbewerb sind und welche Regeln es gibt. Prof. Dr. Tomaso Duso leitet die Abteilung Unternehmen und Märkte am Deutschen Institut für Wirtschaftsforschung (DIW Berlin). Er ist Professor für empirische Industrieökonomie an der Technischen Universität Berlin. Er berät unter anderem die Europäische...