20-31 July 2015
Tilburg Law and Economics Center,
Tilburg University, The Netherlands
Summer School
Global Business
Law and Economics
From 20 to 31 July 2015, the Tilburg Law
and Economics Center (TILEC) is proud
to offer the ‘Global Business Law and
Economics’ course as part of the Tilburg
University Summer School 2015. This
interactive course provides a non-technical introduction to the main legal and
economic issues encountered in today’s
global business. By blending law and
economics, it allows motivated students
from various backgrounds to understand
the logic of the constraints that determine the environment of any economic enterprise in today’s global world: contract
law, competition law, and trade law.
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TILEC, a Center of Excellence at Tilburg University, in the Netherlands, is a research institute delivering first-rate interdisciplinary
research on the governance of economic activity. Optimal market design lies at the core of our research, with an emphasis on
competition and regulation issues. A unique feature of our Center is the intense collaboration between legal scholars and economists. TILEC members produce high-quality academic publications every year. In the last ten years both Dutch and international
companies or regulators have trusted TILEC with resolving pressing questions that they face. Nowadays, TILEC is a vibrant center,
the largest of its kind in Europe, with over 40 committed members. Learn more about TILEC on our website.
In the Global Business Law and Economic
course, experienced teachers use examples
from both theory and everyday practice to
lead the discussion on those questions.
Economic activity
The course first reviews some fundamental
notions of law and economics that shape the
environment in which economic agents operate before focusing on the economic analysis
of the general features of contract law, com-
petition law, and international trade law. It
discusses both how legal institutions should
be designed in order to foster economic activity, and how private parties are likely to respond to the incentives created by legal rules.
Role game
Interactive lectures are given every morning
while afternoons are reserved for students
to read and prepare for class discussion.
The course is crowned by a role game where groups of students play the role of the
plaintiff’s legal team, the plaintiff’s economic
expert, the defendant’s legal team, the defendant’s economic expert, and the court in a fictitious court case that brings all the covered
material to the fore.
Final grades will be assigned on the basis of
performance during the role game as well as
a final, two-hour, written exam on the last day
of the course.
Foto: Flickr
The Course
Why is most economic activity taking place
in incorporated firms? Why are trading partners sometimes allowed not to execute the
contracts which they have previously signed?
Why are cartels prohibited all over the world?
Can big firms run whatever commercial policy
they want so as to beat competitors? Why do
countries negotiate trade concessions at the
World Trade Organization? How does that affect export-oriented firms?
The course is crowned by a role game where groups of students play
the role of the plaintiff’s legal team, the defendant’s, and the court.
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Faculty
Cédric Argenton
Cédric, an associate professor
of economics at Tilburg University, has a background in law
and public policy but was trained
as a professional economist at
Boston University and the Stockholm School
of Economics. He specializes in industrial organization and has an active interest in competition policy. Cédric was a visting professor
at Sciences Paris Law School in 2012.
Agnieszka Janczuk-Gorywoda
Agnieszka, an assistant professor of law at Tilburg University,
has background in both law and
economics. Her particular interests are payment systems and
regulatory arrangements based on contracts.
Prior to joining Tilburg University, Agnieszka
held a post-doctoral position at Columbia
Law School in New York. She obtained a PhD
in Law from European University Institute in
Florence, and has degrees from University of
East Anglia, Warsaw School of Economics,
and Warsaw University. Prior to starting her
academic career, Agnieszka gained practical experience in an international law firm in
Warsaw.
Panagiotis Delimatsis
Panagiotis is Professor of Trade
Law at Tilburg University. Previously, Panagiotis worked for the
World Trade Institute, the Appellate Body of the World Trade Organization and UNCTAD. Panagiotis has held
visiting professorships in various universities.
His research focuses on the regulation of services industries. He also has a keen interest
and regularly publishes on the institutional
and substantive aspects of standardization
and energy.
Nicolo Zingales
Nicolo Zingales, an assistant
professor of law at Tilburg University and a fellow with the Center of Technology and Society of
the Fundação Getulio Vargas,
holds a law degree from the University of
Bologna, and a PhD in international law and
economics from Bocconi University. He previously worked for two international law firms,
the European Commission, and the European
Court of Justice. He also formed part of the
research groups of several universities and
think-tanks, with particular focus on antitrust,
Internet and technology law, more generally.
Tilburg University Summer School also organizes a social program
for participants. Make the most of your summer and combine your
summer course with a unique social and cultural experience.
TILEC summer school was law & economics, theory & practice,
good faculty & nice classmates, serious learning and fun! Class of 2014.
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Foto’s: Shutterstock
Preliminary Schedule
●
Monday 20 July
Welcome and introduction.
Property rights: definition, Coase
theorem and its failure, allocation
of liability
Tuesday 21 July
Contracts: legal personality, limited
liability, introduction to contracts
●
Wednesday 22 July
Contracts: efficient breach, remedy
for breach, contractual liability, product
liability
●
●
●
Thursday 23 July
Competition policy: Abuses of a
dominant position (dominance,
predation, tying)
Moot court case: presentation of
the case
Friday 24 July
Competition policy:
Cartels (deadweight loss from monopoly, simple model for collusion,
distinction tacit/express collusion,
Practical information
prohibition of cartels, Sherman
Act Section 1, Art 101)
Monday 27 July
Competition policy: Merger control
(rationale, procedure, criterion)
Moot court case: plaintiff
●
Tuesday 28 July
Trade: economic rationale for trade
agreements, terms of trade theory,
gains from trade, historic view on
trade agreements
Moot court case: defendant
●
Wednesday 29 July
Trade: WTO framework and its
impact on firms, trade remedies,
preferential trade agreements
Practical information
● Date:
20-31 July 2015
● ECTS:
4 ECTS.
● Location:
Tilburg University, the Netherlands
● Schedule:
4 hours a day, every morning:
9:00-13:00
● Course materials:
Study materials will be provided
● Tuition:
€ 790 (early bird)/€ 990 (regular fee)
including study materials
recommends you to book a room with the
housing company directly. If you wish to do
so, you can indicate this during your registration. Please visit our website to get more
information about accommodation.
Application & registration
The course is open to students of management, law, economics, political science or a
related field. Participants are requested to
register with Tilburg University’s Summer
School office. A formal transcript of previous studies must be provided. If admitted
you will receive a confirmation that your
registration is in good order.
●
Thursday 30 July
Trade: preferential trade agreements
Moot court case: court decision
●
Friday 31 July
Final exam.
Moot court case: debriefing
●
Tuition & accommodation
Tuition is €990,- (€790 if your registration is
completed by May 1) including study material, as well as the provision of a certificate
upon successful completion of the course.
The course fee does not include accommodation. You have to arrange accommodation
yourself. Tilburg University Summer School
Registration at Tilburg University Summer
School should be completed by June 15,
2015. Tilburg University reserves the right
to cancel the course in case fewer than 15
students sign up for the course.
More information
Questions? Please contact Maartje
van Genk at +31 13 466 8789
or TILEC@tilburguniversity.edu.
The information provided here is subject to change.
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