Titlebook: Law and Economics and the Economics of Legal Regulation; J.-Matthias Graf Schulenburg,G?ran Skogh Book 1986 Martinus Nijhoff Publishers, D

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Negotiated Settlementntion of attorneys, and sometimes lawyers take the leading role in the settlement. If attorneys do the bulk of the work, but there is no trial, the procedure is referred to as an out of court settlement. Only in the exceptional case, does the matter actually go to trial.

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Default Risk and the Optimal Pricing of Court Enforcement Servicesand most extensively analysed examples of this problem are credit contracts in which the borrower may fail to repay principal and interest to the creditor. However, sellers of . goods or services (including labour services) who provide them in advance or buyers who pay in advance, will be subject to the same type of risk..

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Regulatory Measures to Enforce Quality Production of Self-Employed Professionals — a Theoretical Stuices provided by the self-employed professions. This article analyses mechanisms for enforcing quality production in a dynamic market process. The analysis leads to a criticism of existing regulatory measures and proposes a policy of market-oriented quality enforcement also for services which the consumer has difficulty to evaluate in advance.

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Belgian Public Policy Towards the Retailing Tradeest goals may, however, not be really present. A distinction must be made between the public pronouncements of the regulator and the real nature of the regulations. Legislatures may for instance couch special interest statutes in public interest terms for political reasons.

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