The Limits of Blockchain in Property: Trading Claims is not Trading Rights
The law-and-economics of property throws doubts on the prospects of blockchain for transacting durable high-value assets. You are free to…
A personal view on a number of topics.
Topic: Law & Economics
Property as Sequential Exchange: The Forgotten Limits of Private Contract
In this paper, published at the Journal of Institutional Economics (2017), I trace the disconnection between economic analysis and property…
The fragility of credit markets
During the economic crisis in countries that had experienced housing bubbles, from the US to Spain, thousands of homeowners faced…
World Justice Project Scholars 2016 Conference
The content from the May 2016 conference of WJP Scholars at Stanford is now live on the WJP website. Scholars Conference page with materials…
The Ancient Roman Market
To what extent did Ancient Roman institutions facilitate the free exchange of economic resources? In “The Institutions of Roman Markets,” I…
From Values to Economic Myths
Interview by Abel Hernández, published at Sintetia on September 24 (first part) and 26 (second part), 2012 Benito Arruñada is Professor of…
Guidelines to Reform Business Formalities
Over recent years, governments and international organizations have been doing their best to “simplify” business formalities but with little…
A country of unemployment and self-service
Arruñada, Benito (2010), “A Country of Unemployment and Self-service,” Cinco Días, April 1, p. 14. It has always surprised me that in…
Will ‘Doing Business’ Keep Damaging Business?
Arruñada, Benito (2008), “Will Doing Business Keep Damaging Business?,” Journal of Comparative Economics, in press. Accepted manuscript…
Regulating the conveyancing services market
In December 2007, the DG Competition of the European Commission made public a report on the reform of the provision of legal services in…