1.

Record Nr.

UNINA9910739466703321

Autore

Fikentscher Wolfgang

Titolo

FairEconomy [[electronic resource] ] : Crises, Culture, Competition and the Role of Law / / by Wolfgang Fikentscher, Philipp Hacker, Rupprecht Podszun

Pubbl/distr/stampa

Berlin, Heidelberg : , : Springer Berlin Heidelberg : , : Imprint : Springer, , 2013

ISBN

3-642-36107-2

Edizione

[1st ed. 2013.]

Descrizione fisica

1 online resource (168 p.)

Collana

MPI Studies on Intellectual Property and Competition Law, , 2191-5822 ; ; 19

Disciplina

300

Soggetti

International law

Trade

Ethics

Law and economics

Law—Philosophy

Law

Political science

International Economic Law, Trade Law

Law and Economics

Theories of Law, Philosophy of Law, Legal History

Philosophy of Law

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Includes index.

Nota di contenuto

Anthropological and Economic Foundations of FairEconomy -- Rules on Competition after the Crisis -- A Matter of Risk and Balance - Discussing a System of Liability for Financial Products -- Sanctions and Procedure -- Conclusion: the Concept of FairEconomy.

Sommario/riassunto

FairEconomy is a concept for a free and fair market economy. In response to the financial and economic crises of the past years, the authors develop fundamental ideas of how a market economy works, what rules markets need and who safeguards fairness and equal opportunity in such an economy. The book sets out the design of a sustainable market order: Going back to the very roots of doing



business it offers a fascinating insight into the cultural and anthropological premises of the market economy. Fairness and free competition can be identified as key elements of successful markets, sometimes neglected in politics and business. Legal rules need to ensure that fairness and economic freedom work. The same holds true for the relationship of risk and liability that has been overlooked in the banking sector. The ideas of a FairEconomy, sketched in this book, are fit to become a reality: The authors point to institutions and mechanisms that could integrate the concept into global law. They place their trust less upon ever-larger institutions and more on private entitlement and enforcement at the global, regional, and local levels.  .