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Conflict of law rules and international trade : a transaction costs approach

Author

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  • Kirstein, Roland
  • Schmidtchen, Dieter
  • Neunzig, Alexander R.

Abstract

Drawing on Transaction Costs Economics, this paper develops a new approach to conflict of law rules. It outlines a concept of constitutional uncertainty in international trade and presents a model of international transactions in the presence of a diversity of legal orders. We develop a general analytical concept of an international legal order and analyze the impact of different specifications of international legal orders on international transactions.

Suggested Citation

  • Kirstein, Roland & Schmidtchen, Dieter & Neunzig, Alexander R., 2004. "Conflict of law rules and international trade : a transaction costs approach," CSLE Discussion Paper Series 2004-01, Saarland University, CSLE - Center for the Study of Law and Economics.
    • Handle: RePEc:zbw:csledp:200401
    as

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    File URL: https://www.econstor.eu/bitstream/10419/23042/1/2004-01_conflict.pdf
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    References listed on IDEAS

    as
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    More about this item

    Keywords

    conflict of law; international private law; transaction costs; enforcement of judgments.;
    All these keywords.

    JEL classification:

    • F15 - International Economics - - Trade - - - Economic Integration
    • F02 - International Economics - - General - - - International Economic Order and Integration
    • K33 - Law and Economics - - Other Substantive Areas of Law - - - International Law

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