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The digital revolution has reinvigorated the discussion about the problem how to consider innovation in the application of competition law. This raises difficult questions about the relationship between competition and innovation as well as what kind of assessment concepts competition authorities should use for investigating innovation effects, e.g., in merger cases. This paper, on one… Read more »

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In its Communication „Building a European data economy“ the EU Commission discusses the introduction of a new exclusive property right on data („data producer right“) for non-personal (or anonymised) machine-generated data, and mandatory access rights to privately held data for achieving more access, transfer and reuse of data, esp. in the context of „Internet of… Read more »

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Transnational regulatory networks play important roles in multi-level regulatory regimes, as e.g, the European Union. In this paper we analyze the role of regulatory networks from the perspective of the economic theory of legal federalism. Often sophisticated intermediate institutional solutions between pure centralisation and pure decentralisation can help to solve complex tradeoff problems between the… Read more »

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Interoperability has become a buzzword in European policy debates on the future of the digital economy. In its Digital Agenda, the EU Commission has identified a lack of interoperability as one of the significant obstacles for the thriving of the digital economy. The EU Commission and a number of other actors have advocated far-reaching policies… Read more »

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This paper provides empirical evidence on the long run effects of tax policy on income concentration in Switzerland. As Swiss cantons enjoy considerable autonomy with respect to income taxation, it is possible to study the impact of the cantonal income tax burden, as well as the influence of tax competition, on cantonal top income shares…. Read more »

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Reporting on cutting-edge advances in economics, this book presents a selection of commentaries that reveal the weaknesses of several core economics concepts. Economics is a vigorous and progressive science, which does not lose its force when particular parts of its theory are empirically invalidated; instead, they contribute to the accumulation of knowledge. By discussing problematic… Read more »

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There is something extreme about Ludwig von Mises’s methodological apriorism, namely, his epistemological justification of the a priori element(s) of economic theory. His critics have long recognized and attacked the extremeness of Mises’s epistemology of a priori knowledge. However, several of his defenders have neglected what is (and what has long been recognized by his… Read more »

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This paper analyzes how fake news may have an effect on individual decisionmaking in the political sphere. To this end, arguments from the standard model of voter behaviour with full rationality are discussed as well as arguments from Behavioural Political Economy, which incorporates systematic psychological biases. It is argued that, by and large, the main… Read more »