Together they provide the reader with an economic analysis of the most important elements of EU law and the mechanisms for decisions within the EU. The volume also addresses sovereign debt problems by providing a detailed analysis of the architecture of the EU’s monetary institutions, its monetary policy and their implications.

Contents: Introduction Thomas Eger and Hans-Bernd Schäfer PART I: THE CONSTITUTIONAL FRAMEWORK OF THE EU 1. A Constitution Like Any Other? Comparing the European Constitution with Nation State Constitutions Stefan Voigt 2. The Rules of Decisionmaking in EU Institutions George Tsebelis 3. EU Decision Making and the Allocation of Responsibility Manfred J. Holler 4. Can Member State Liability for the Infringement of European Law Deter National Legislators? Hans-Bernd Schäfer 5. Subsidiarity for a Changing Union Emanuela Carbonara, Barbara Luppi and Francesco Parisi PART II: BASIC FREEDOMS 6. Mutual Recognition: Economic and Regulatory Logic in Goods and Services Jacques Pelkmans 7. The Law and Economics of the Free Movement of Persons in the European Union Herbert Brücker and Thomas Eger PART III: CORPORATION LAW AND CORPORATE GOVERNANCE 8. Corporate Governance in Europe: Foundations, Developments and Perspectives Patrick C. Leyens PART IV: PRIVATE LAW 9. Private Law I: Tort Michael G. Faure 10. Private Law II: Contract Fernando Gomez PART V: CONSUMER PROTECTION 11. The Evolution of Consumer Protection in the EU Fabrizio Cafaggi and Antonio Nicita PART VI: LAW ENFORCEMENT 12. An Economic Analysis of Legal Harmonization: The Case of Law Enforcement within the European Union Nuno Garoupa 13. Private Enforcement of Antitrust Law Roberto Pardolesi PART VII: DIVERSITY IN UNITY 14. Eastern Enlargement of the European Union Hans-Jürgen Wagener 15. The Economics of Multilingualism in the EU Jan Fidrmuc PART VIII: MONETARY INSTITUTIONS AND MONETARY POLICY 16. Law and Economics of the Monetary Union Index