The Economics of Harmonizing European Law

The Economics of Harmonizing European Law

New Horizons in Law and Economics series

Edited by Alain Marciano and Jean-Michel Josselin

One of the major effects of the continual process of European integration is the growing importance of transnational institutions and the accompanying legal harmonization. Such institutional changes have led to a seemingly irreversible transformation in public decision making, whereby power at the national level is displaced to the European and regional levels. This essential book provides a law and economics analysis of the challenges arising from these shifts in authority.

Preface

Edited by Alain Marciano and Jean-Michel Josselin

Subjects: economics and finance, law and economics, law - academic, european law, law and economics

Extract

This book evolved out of a conference organized in May 2000 at the University of Corsica, under the auspices of the European Association of Law and Economics. Scholars invited to give papers were given carte blanche, but were asked to revise their contributions after the conference discussions. We present here a selection of them. They reflect the current research on the subject, unified by the same concern, namely understanding the law and economics dimension of European integration. They also show a diversity of opinions that we did not try to smooth. Underlying many contributions are strong preferences as to what the jus commune will be or should be in the future. This gives a wide-ranging approach to a most important subject. We heartily thank Brigitte, our Corsican friends from the Restonica valley and our colleagues, the board of the EALE and all the participants in the conference, particularly Pierre Salmon and Christian Barrère who provided valuable comments and expertise. The publishing process has been both friendly and efficient. We are very grateful for that. ix