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This comprehensive volume comprises original essays by authors well known for their work on the European Union. Together they provide the reader with an economic analysis of the most important elements of EU law and the mechanisms for decisions within the EU. The Handbook focuses particularly on how the development of EU law negotiates the tension between market integration, national sovereignty and political democracy. The book begins with chapters examining constitutional issues, while further chapters address the establishment of a single market. The volume also addresses sovereign debt problems by providing a detailed analysis of the architecture of the EU's monetary institutions, its monetary policy and their implications. The depth and breadth of the Handbook's coverage make it an essential reference for students, scholars and policymakers interested in the complexities of the European Union. Contributors: H. Brucker, F. Cafaggi, E. Carbonara, T. Eger, M.G. Faure, J. Fidrmuc, N. Garoupa, F. Gomez, M.J. Holler, P.C. Leyens, B. Luppi, A. Nicita, R. Pardolesi, F. Parisi, J. Pelkmans, H.-B. Schafer, H. Siekmann, G. Tsebelis, S. Voigt, H.-J. Wagener
Edited by Thomas Eger, Professor Emeritus of Law and Economics, University of Hamburg and Hans-Bernd Schäfer, Affiliate Professor, Bucerius Law School Hamburg, and Professor (em.) of Law and Economics, University of Hamburg, former Director, Institute of Law and Economics, Germany
Contents:IntroductionThomas Eger and Hans-Bernd SchäferPART I: THE CONSTITUTIONAL FRAMEWORK OF THE EU1. A Constitution Like Any Other? Comparing the European Constitution with Nation State ConstitutionsStefan Voigt2. The Rules of Decisionmaking in EU InstitutionsGeorge Tsebelis3. EU Decision Making and the Allocation of ResponsibilityManfred J. Holler4. Can Member State Liability for the Infringement of European Law Deter National Legislators?Hans-Bernd Schäfer5. Subsidiarity for a Changing UnionEmanuela Carbonara, Barbara Luppi and Francesco ParisiPART II: BASIC FREEDOMS6. Mutual Recognition: Economic and Regulatory Logic in Goods and ServicesJacques Pelkmans7. The Law and Economics of the Free Movement of Persons in the European UnionHerbert Brücker and Thomas EgerPART III: CORPORATION LAW AND CORPORATE GOVERNANCE8. Corporate Governance in Europe: Foundations, Developments and PerspectivesPatrick C. LeyensPART IV: PRIVATE LAW 9. Private Law I: TortMichael G. Faure10. Private Law II: ContractFernando GomezPART V: CONSUMER PROTECTION11. The Evolution of Consumer Protection in the EUFabrizio Cafaggi and Antonio NicitaPART VI: LAW ENFORCEMENT12. An Economic Analysis of Legal Harmonization: The Case of Law Enforcement within the European UnionNuno Garoupa13. Private Enforcement of Antitrust LawRoberto PardolesiPART VII: DIVERSITY IN UNITY14. Eastern Enlargement of the European UnionHans-Jürgen Wagener15. The Economics of Multilingualism in the EUJan FidrmucPART VIII: MONETARY INSTITUTIONS AND MONETARY POLICY16. Law and Economics of the Monetary UnionIndex